Episode 496
📍 South African alternative investment firm Altvest Capital has become the first publicly listed company in Africa to adopt Bitcoin as a strategic treasury asset, acquiring one Bitcoin for $98,200.
📍 The US crypto market is experiencing a rise in prices, with Bitcoin surpassing $98,000, amid the US Securities and Exchange Commission's shift in focus and dovish comments from Atlanta Fed President Raphael Bostic.
📍 Stablecoin legislation in the US could lead to the emergence of 1,000 new stablecoins, with companies like Uber and Meta potentially entering the $233 billion stablecoin market, according to expert Niklas Kunkel.
📍 Jailed FTX co-founder Sam Bankman-Fried is seeking a presidential pardon, aligning himself with the political right and voicing support for US President Donald Trump and Tesla CEO Elon Musk, in a bid to secure clemency for his 25-year sentence.
