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Microsoft Shareholders Reject Bitcoin Investment Proposal Despite MicroStrategy's Push
Microsoft shareholders voted against allocating up to 5% of the company's $78.4B cash reserves into Bitcoin, despite MicroStrategy's Michael Saylor advocating for the investment. The board maintained its conservative stance on crypto investments, citing volatility concerns and emphasizing stable treasury management.
Vancouver Takes Bold Step Towards Bitcoin Integration in City Finances
Vancouver's City Council has approved a pioneering motion to explore Bitcoin adoption as a reserve asset and payment method for municipal services. Mayor Ken Sim leads the initiative with a personal Bitcoin donation, despite regulatory hurdles and environmental concerns.
Ray Dalio Endorses Bitcoin and Gold Over Bonds Amid Global Debt Crisis Warning
Bridgewater founder Ray Dalio warns of an impending debt crisis and advises investors to shift from bonds to 'hard money' assets like Bitcoin and gold. Speaking at Abu Dhabi Finance Week, the billionaire investor highlighted unsustainable debt levels in major economies and predicted significant currency devaluation.
Venture Capital Pours $800M into Crypto Projects Despite Market Uncertainty
November saw $800 million in venture capital flow into crypto startups, with infrastructure projects leading at $583M and DeFi seeing a 31% funding boost. Despite being down 8% from October, the strong investment signals continued institutional confidence in blockchain technology.
Microsoft Shareholders Reject $784M Bitcoin Investment Proposal
Microsoft's shareholders decisively voted against a proposal to invest 1% of company assets in Bitcoin, choosing financial stability over cryptocurrency speculation. The decision, opposed by major institutional investors and backed by MicroStrategy's CEO, reflects Microsoft's commitment to low-risk investments and AI development.
Coincheck Makes Historic Nasdaq Debut Following $1.3B Merger
Japanese crypto exchange Coincheck prepares for landmark Nasdaq listing under 'CNCK' ticker, following a $1.3 billion merger with Thunder Bridge Capital. The move marks a significant milestone as one of the few crypto companies to successfully list on a major U.S. exchange.
Circle and Binance Form Strategic Alliance to Accelerate Global USDC Adoption
Circle and Binance announce a groundbreaking partnership at Abu Dhabi Finance Week to expand USDC's global reach through Binance's vast ecosystem. The collaboration promises enhanced USDC integration across Binance's platform while demonstrating both companies' commitment to regulatory compliance.
Global Trust in Traditional Banking Declines as Crypto Awareness Soars to 93%
A worldwide survey reveals cryptocurrency awareness has hit an unprecedented 93% while confidence in traditional financial systems continues to erode. The study shows emerging markets leading crypto adoption, with African and Asian nations at the forefront as privacy concerns and distrust in centralized systems grow.
XRP Price Analysis: Could History Repeat Tesla's Pattern with a 50% Drop Before Major Rally?
A market analyst draws compelling parallels between XRP's current trajectory and Tesla's historical performance, suggesting a potential 50% price drop to $1.30. The analysis indicates this decline could precede a dramatic surge to $45.60 by 2027, mirroring Tesla's remarkable recovery pattern.