A further loan of 1 billion Japanese Yen was secured earlier today by the publicly-listed Japanese corporation Metaplanet, further solidifying its Bitcoin acquisition strategy. The announcement of the $68 million stock rights offering for the purchase of BTC came the day before this action. Raising an extra 1 billion Japanese
BlackRock and Nasdaq have filed with the SEC to add options trading to the iShares Ethereum Trust (ETHA). Final SEC approval is anticipated by April 9, 2025, with pending approvals from the OCC and CFTC. This move, disclosed in a regulatory filing, aims to enhance market dynamics and provide investors
The crypto market saw announcements of Binance being imposed by GST fees and the Ronin Network’s hack in the last 24 hours. Importantly, on-chain data provider Crypto Quant’s author, observed that almost 60% of the top 50 cryptocurrencies have lost their 2024 gains. On the other hand, the largest cryptocurrency,
Traders wonder why Bitcoin (BTC) crashed during the week after reclaiming the $70,000 region. As experts investigate BTC’s dip, investors gravitate towards Ethereum decentralized exchange platforms Aave (AAVE) and RCO Finance (RCOF), which exude a promising outlook. Let’s find out why the price of BTC is down and why traders
The Japanese investment firm Metaplanet has announced its intention to acquire Bitcoin via a massive stock rights offering valued at $68 million. Following a recent meeting of the Board of Directors, the firm revealed this strategic plan. Which is a big change as it tries to get into the digital
In the last 24 hours, the cryptocurrency market faced a sharp downturn, with $901.67 million in long positions liquidated. The sell-off, which surged on Sunday, has stemmed to significant losses across major digital assets like Bitcoin (BTC) and Ethereum (ETH). Also, the decline has pushed the global market cap below
The United States announced the Fed rate has kept steady at 5.25%–5.50% on Wednesday. Federal Reserve Chair, Jerome Powell, signals a rate cut during the September meeting. This could happen if economic data continues at the proper pace. The Powell-led panel ended its fifth policy-setting meeting for 2024 on July
The cryptocurrency market is currently experiencing mixed movements, with some coins reaching new highs while others face significant declines. The global market cap has decreased by 0.51% in the past 24 hours, accompanied by an 18% drop in overall trading volume. Bitcoin, the leading cryptocurrency, has seen a 0.78% decline,
BlockDAG is now at the center of attention with its latest leadership revelation, prominently marked by Antony Turner’s unveiling as the CEO. Turner’s deep experience in fintech and crypto, including significant roles at SwissOne Capital and Axona-Analytics, has perfectly positioned him to propel BlockDAG into the top 30 cryptocurrencies by
In the latest development, an Ethereum ICO participant emerged from a nine-year slumber on Tuesday, moving a substantial portion of their investment to a new wallet. The early investor’s reappearance coincides with the Ethereum network’s ninth birthday, marking a significant milestone for the cryptocurrency. Initial coin offerings (ICOs) differ from
