Bitcoin Blasts Past $112K—Short Sellers Obliterated in $223M Bloodbath

Bitcoin shattered its previous all-time high on Wednesday, soaring to an unprecedented $112,040 per coin. The cryptocurrency appreciated 3% against the U.S. dollar on July 9, registering a new record on Bitstamp at $112,040. Bitcoin’s market capitalization now rests at $2.221 trillion, accompanied by $28.18 billion in volume exchanged throughout the day. This upward movement…

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First Japanese Company to Pay CEO in Bitcoin

Tokyo Stock Exchange-listed Remixpoint Inc. has announced that it will pay its CEO and President, Taku Tashiro, entirely in bitcoin (BTC). This is the first time a publicly-listed Japanese company has done so. Tashiro was recently appointed as the company’s CEO and President. The move is part of Remixpoint’s broader strategy to align its executive…

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Bitget Teams Up with MotoGP for 2025 Grand Prix Events in Europe and Southeast Asia

Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter. Global crypto platform and web3 company Bitget officially announced…

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Pakistan Unveils Independent Crypto Regulator to Align With FATF and Global Standards

On July 8, the Pakistan government announced the establishment of the Pakistan Virtual Assets Regulatory Authority, an independent body responsible for licensing, monitoring, and supervising virtual asset service providers (VASPs). Introduction of Virtual Assets and Trust The Pakistan government announced on July 8 the launch of the Pakistan Virtual Assets Regulatory Authority (PVARA), a body…

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