Crypto News Center

Microsoft shareholders reject proposal to add Bitcoin to balance sheet

Shareholders voted against a plan to diversify 1% of Microsoft’s assets into Bitcoin, despite advocacy from Michael Saylor. Photo: All Tech Magazine Key Takeaways Microsoft shareholders rejected a proposal to add Bitcoin to its balance sheet. The proposal was declined due to concerns about Bitcoin's volatility. Microsoft shareholders voted against a proposal to explore adding Bitcoin to the company’s balance sheet during its annual meeting. The proposal, introduced by the...

Kenya to introduce digital asset ETPs

Kenyan investors will soon access digital asset exchange-traded products (ETPs) on the country’s main equities exchange. DeFi Technologies, a Canada-based company, has struck a new partnership with the Nairobi Stock Exchange (NSE) to facilitate the issuance and trading of digital asset ETPs in the East African country. NSE signed the Memorandum of Understanding (MoU) with Valour, a subsidiary of DeFi Technologies, this week. Established in 2019, Valour offers 33 ETPs...

Over 40,000 BTC leave exchanges as Bitcoin hits $82k

Bitcoin’s upward trajectory follows Donald Trump’s presidential win last week Over the past 30 days, Bitcoin has increased in value by more than 30% Institutional interest is rising with Bitcoin ETFs, noted by BlackRock’s IBIT ETF reaching $1.12 billion in daily inflows Bitcoin has hit another record, reaching over $82,000 on Monday, boosted by Donald Trump’s re-election to the White House last week. According to data from CoinMarketCap, Bitcoin’s value...