Metaplanet’s $62M Bitcoin Expansion Strategy: Following in MicroStrategy’s Footsteps
Metaplanet, a Tokyo-listed investment firm, is planning to raise 9.5 billion yen, which is around $62 million, to strengthen its Bitcoin portfolio. The company revealed that the funds will be raised through its 12th...
Tether Shifts Focus to Hadron Amid European Regulatory Challenges
Tether, a well-known stablecoin issuer, has decided to stop supporting its Euro-pegged stablecoin, EURt, due to regulatory challenges in Europe. The CEO of Tether, Paolo Ardoino, mentioned that the regulatory hurdles with MiCA have...
SOS Stock Soars 100% After $50 Million Bitcoin Investment Approval
SOS Limited, a Chinese data mining and technology company, recently made headlines when its board approved a $50 million investment in Bitcoin. This decision was driven by the company's desire to diversify its assets...
Revolutionizing Luxury Watches with Blockchain and NFTs: JMJ Mach
JMJ Mach is a Korean watchmaker that is disrupting the traditional luxury watch industry by incorporating blockchain technology and NFTs into their timepieces. By blending mechanical craftsmanship with unique NFT designs and tamper-proof blockchain...
Using Bitcoin to Strengthen Vancouver’s City Reserves: A Mayor’s Plan
Vancouver Mayor Ken Sim has put forth a bold plan to incorporate Bitcoin into the city's financial reserves in order to protect against economic shocks and inflation. The proposal, titled “Preserving the city’s purchasing...
MetaMask and Venmo Partnership Expands Fiat-to-Crypto Onramp Choices
MetaMask, a popular cryptocurrency wallet, has made it easier for users in the United States to buy crypto by partnering with Venmo, a payment app owned by PayPal. This new feature allows US users...
Bitcoin Price Plunge: Short-term Investors Suffer Losses Below $93k
Bitcoin investors were hit hard recently as the price of the cryptocurrency plunged below $93,000. Short-term investors who were hoping for quick profits found themselves facing significant losses as the market took a downturn.The...
Comparing Solana and Ethereum: Key Metrics Analysis 2023-2024
Solana's SOL has made significant progress in narrowing the discount it trades at compared to Ethereum's ether (ETH) over the past two years. Despite starting at a 97% discount in January 2023, the current...
Bitcoin Price Prediction Post-Election: $140K Break or Reversal?
Bitcoin has been on a wild ride since the recent U.S. presidential elections, surging past previous highs to reach $73,000 in March. The big question now is whether this upward trend will continue or...
IREN Stock Price Surges Due to Hyperscaler Interest and Potential Bitcoin Dividend
IREN's stock price experienced a significant surge of 30% following discussions about the company's fiscal first-quarter earnings on a conference call. This increase was primarily driven by the revelation that IREN had garnered interest...