Tag: bankruptcy

Bitcoin dominance reaches new price highs and altcoins weaken

The price of bitcoin has fallen in 2025. Still, the largest cryptocurrency has outperformed other digital currencies, according to Matrixport. According to data from Matrixport, a financial service focused on cryptocurrencies, bitcoin's dominance has reached new highs. The short-term recovery of altcoins is weakening. Bitcoin dominance grows, altcoins retreat As of March 12, bitcoin dominance, or bitcoin's share of the total market capitalization of cryptocurrencies, stands...

Abu Dhabi emirate firm invests $2 billion in crypto exchange Binance

Abu Dhabi's state-owned investment company MGX is investing $2 billion in a minority stake in cryptocurrency exchange Binance. It is the first institutional investment in a cryptocurrency exchange and one of the largest in the cryptocurrency industry, AFP reported. The companies did not comment on the size of the stake. MGX Makes Historic Crypto Investment Amid AI Expansion The price will be paid in stablecoins, cryptocurrencies...
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