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Crypto’s $205 Billion Stablecoin Market Set to Go Mainstream

(Bloomberg) -- While Bitcoin’s surge above $100,000 captivated the headlines in 2024, many financial firms were more focused this year on a different type of cryptocurrency whose price is never meant to rise — or fall for that matter. Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesMake a Transit-Oriented New Year’s ResolutionMainstream players such as Visa, PayPal Holdings Inc., Stripe Inc. and others are making

Genius Group Boosts Bitcoin Holdings Amid Strong BTC Yield Performance

Genius Group Limited ( (GNS) ) has shared an announcement. Genius Group Limited has increased its Bitcoin holdings by 50% to $30 million, as part of its ambitious ‘Bitcoin-first’ strategy. The company reported a significant BTC Yield of 1,649% in Q4 2024, demonstrating a strong performance in its Bitcoin Treasury strategy. Despite achieving a high BTC Yield, the company’s CFO noted that the Bitcoin performance is not fully reflected in its share price. Genius Group plans to report its Bitcoin Tr

Nano Labs subsidiary to launch bitcoin business

Nano Labs (NA) announced that the Company has officially renamed its wholly-owned subsidiary Tsuki HK Limited to Nano bit HK Limited. Following this strategic rebranding, Nano bit HK Limited is expected to develop Bitcoin-related businesses and initiatives within the Bitcoin ecosystem, marking a significant milestone in the Company’s global technological innovation and ecosystem strategy. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try No

Genius Group increases bitcoin treasury to $30M

Genius Group (GNS) Limited had increased its Bitcoin purchases for its Bitcoin Treasury by an additional $10 million to 319.4 Bitcoin for $30 million, at an average price of $93,919 per Bitcoin. The total purchase of $30 million of Bitcoin has been made within six weeks of the Company’s announcement on November 12 of its “Bitcoin-first” strategy that it is committing 90% or more of its current and future reserves to be held in Bitcoin, with an initial target of $120 million in Bitcoin. The miles

My Top Cryptocurrency to Buy in 2025

Technology evolves, narratives shift seemingly overnight, but one thing remains constant: Great products and technology will attract users. This protocol challenges the conventional design of decentralized finance (DeFi) by offering a scalable, transparent, and user-friendly trading experience. Since its token airdrop in late November, Hyperliquid has soared about 650%, rising to become the 19th most valuable cryptocurrency.