Il y a 6 h
Prenetics Stops 1 BTC‑Per‑Day Buying Plan and Keeps Treasury at 510 BTC
Nasdaq‑listed Prenetics Global has halted its "1 BTC per day" accumulation strategy and frozen its Bitcoin treasury at 510 BTC while reallocating capital to its IM8 health and nutrition brand. The David Beckham‑backed firm had previously raised $48 million in an oversubscribed equity offering linked in part to growing its BTC position, but its board has now chosen to pause further crypto purchases as Bitcoin trades near $88,000.
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BTC+0.80%
Il y a 6 h
11-23
Stablecoins Set to Capture Share of $150 Trillion Cross-Border Payment Market
Stablecoins are positioned to displace traditional infrastructure in the $150 trillion annual cross-border payments market, according to Howard Davidson, CMO of Almond Fintech. With 15% of banks already offering stablecoin services and 57% exploring adoption, the technology reduces settlement times from days to seconds and can lower transaction costs by up to 99%. Recent partnerships by Western Union, Citi, and ClearBank signal institutional momentum toward blockchain-based payment rails.
11-23