Nov 25: MicroStrategy's Mega Bitcoin Bet!

Daily Crypto News · Nov 25, 2024 · 20m

Tether partners with Cantor Fitzgerald on a $2B Bitcoin lending program, deepening Wall Street crypto ties. Singapore Gulf Bank plans a $50M raise to acquire a stablecoin firm. Axie Infinity cuts 21% of staff, refocusing on Web3 growth. MicroStrategy buys 55,500 BTC, doubling down on its record-breaking Bitcoin strategy.

RESOURCES

https://www.coindesk.com/business/2024/11/25/tether-in-talks-to-support-cantor-fitzgerald-s-planned-bitcoin-lending-program-wsj

https://www.bloomberg.com/news/articles/2024-11-25/singapore-gulf-bank-to-raise-funds-buy-stablecoin-payments-firm?embedded-checkout=true…