The insurance giant made the investment across four different sub-organizations, according to Bloomberg Terminal data shared by pseudonymous analyst Petruschki. Germany’s largest insurance company, Allianz, has purchased nearly a quarter of MicroStrategy’s $2.6 billion convertible note offering, signaling increasing institutional interest in Bitcoin. Allianz — the second-largest insurance provider in Europe — has acquired 24.75%...Continue Reading

The Texas state-issued digital currency is projected to encourage skeptical investors to eventually try out Bitcoin one day. A Texas lawmaker believes the state’s proposed gold-backed digital currency could play a key role in boosting cryptocurrency adoption. Cody Harris, a Republican Party member of the Texas State House of Representatives, addressed the development of a...Continue Reading

Despite millions of selling pressure, Ether is staging a breakout to above $3,700 due to an emerging bull flag, according to market analysts. Despite heavy sell-off from early investors worth millions, some of the most popular industry analysts believe the Ether (ETH) market price is poised for a price breakout. A whale, or large investor,...Continue Reading

The CFTC’s Summer Mersinger advocates for structured crypto regulations, urging the industry to engage with the incoming US administration. The United States Commodity Futures Trading Commission (CFTC) has played a key role in implementing the “regulation by enforcement” strategy alongside the Securities and Exchange Commission under the outgoing administration of President Joe Biden, as evidenced...Continue Reading

Bitcoin’s record monthly gains come eight days before the end of November — historically the most bullish month for Bitcoin returns. Bitcoin price has printed the biggest monthly candle in crypto history, as the world’s first cryptocurrency is nearing the six-figure valuation for the first time. The Bitcoin (BTC) price rose over 40.8% during November,...Continue Reading

Cointelegraph Research delves into Q Protocol’s unique governance framework, which combines onchain mechanism with legal agreements. A robust governance structure is essential to create stable, secure and decentralized blockchain protocols. The Q Protocol has pursued a unique approach to governance by combining decentralized voting mechanisms with a real-world, enforceable legal framework. The latest report by...Continue Reading

Bitcoin hitting $100,000 seems all but certain as sell wall after sell wall disappears and shorts risk getting “squeezed” by rampant BTC price momentum. Bitcoin (BTC) came within 1% of $100,000 on Nov. 22 with bulls “chewing away” at final sell orders. BTC/USD 1-hour chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView confirmed...Continue Reading

Rick Wurster, who will take the chief executive role next year, said he still has no plans to buy crypto but wants to support Schwab clients that do.  Rick Wurster, the incoming chief executive of banking and investment giant Charles Schwab, said the company plans to offer spot crypto trading once regulations in the United...Continue Reading

Satoshi Action Fund CEO Dennis Porter says a Texas lawmaker has started conversations to introduce strategic Bitcoin legislation at some point in the future.  Strategic Bitcoin reserve legislation is reportedly the subject of preliminary discussions among Texan lawmakers, according to nonprofit advocacy group, the Satoshi Action Fund (SAF). In a Nov. 21 talk at the...Continue Reading

The defendants will likely have to pay something along with “neither admit nor deny” type language, says Pantera’s chief legal officer Katrina Paglia.  Many securities lawsuits against crypto companies in the United States will likely “quietly go away” once US Securities and Exchange Commission chair Gary Gensler steps down in January, says crypto asset manager...Continue Reading