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The Pakistan Crypto Council (PCC), advised by Binance’s CZ, launched a government Bitcoin reserve and virtual asset regulator (PVARA).
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According to BlockBeats, Andrei Grachev, Executive Partner at DWF Labs, recently stated that the altcoin season in the cryptocurrency market is just beginning. He also noted that Nasdaq-listed companies are expected to experience this altcoin season soon.
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Strategy, the largest corporate Bitcoin holder led by Michael Saylor, is launching a new stock offering (STRC) to raise funds for more Bitcoin purchases. The stock offers variable dividends (starting at 9% annually) and is designed to trade near $100 per share. The company recently bought $740M in Bitcoin and aims to attract fiat to Bitcoin through yield, with experts seeing this as a step toward Bitcoin becoming a $100 trillion market.
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The global cryptocurrency market cap now stands at $3.94T, up by 1.21% over the last day, according to CoinMarketCap data.
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According to Foresight News, Andrei Grachev, co-founder of DWF Labs and Falcon Finance, announced on X that Falcon Finance has withdrawn all its funds from centralized exchanges. The company has received confirmation from auditors regarding this action. Falcon Finance is set to launch a new transparency page this week, with structural design work currently underway.
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Cryptocurrency Market Experiences Significant Liquidations
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