Tag: Cryptocurrency investment
Bitcoin Buying Plans Boosting Stocks: Michael Saylor Redux or Long Island Iced Tea Fad?
Bitcoin's recent surge in value has sparked a trend among publicly traded companies to diversify their treasury reserves by investing in the cryptocurrency. This strategy, popularized by MicroStrategy CEO Michael Saylor, has led to...
Metaplanet Announces $11.3M Debt Sale for Bitcoin Acquisition
Metaplanet, a Tokyo-listed company, is following in the footsteps of MicroStrategy by announcing a debt sale to increase its bitcoin (BTC) holdings. The company has revealed that it will issue one-year bonds with a...
Franklin Templeton Launches $410M Money Market Fund on Ethereum Blockchain
Franklin Templeton has recently made a significant move by launching its OnChain U.S. Government Money Market Fund on the Ethereum blockchain. This allows the fund to be traded on Ethereum, which is currently the...
Leah Wald’s Investment Firm Acquires Four Validators, Including Solana Network, for $18M
Leah Wald's investment firm, Sol Strategies (HODL), has made a significant move by acquiring four validators, including the Solana network, for a total of nearly $18 million. This purchase, made in cash and shares,...
Digital Asset Investment Platform Proposed by Russia for Emerging Markets
Russian President Vladimir Putin recently put forth a proposal to create a digital asset investment platform within the BRICS bloc. This platform aims to enhance investment opportunities in emerging markets, particularly in South Asia,...
Solana Memecoin ACT Soars 1,720% on Binance Listing amid Altcoin Market Surge
A Solana-based memecoin called "Act I : The AI Prophecy" (ACT) has skyrocketed by more than 1,720% after being listed on Binance and Crypto.com. The token, which was initially issued on Oct. 19, had...
Trump Family-Backed Crypto Project: $1M ETH Gain After Token Sale
World Liberty Financial, a decentralized finance (DeFi) project supported by the Trump family, has seen a substantial $1 million increase in unrealized gains following a quiet token sale last month. The company had to...
Franklin Templeton Launches Tokenized Treasury Fund on Layer 2 Blockchain
Franklin Templeton has recently made an exciting announcement regarding its OnChain U.S. Government Money Market Fund. The fund is now available for trading on Coinbase's Base blockchain, marking a significant milestone as the first...
Scroll’s SCR Token Market Cap Reaches $212M Amid Volatile Trading
Scroll's native governance token, SCR, made a splash in the market with a market cap of $212 million and a fully diluted value of $1.1 billion. Despite an initial trading price of $1.40, the...
Paul Tudor Jones Bets Big on Bitcoin and Gold for Hedge Against Inflation
Billionaire hedge fund manager Paul Tudor Jones II recently shared his investment strategy, revealing that he is heavily invested in both gold and Bitcoin. Jones explained that he believes inflation is inevitable, regardless of...