Search
Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury
29.5.2024
Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held for long-term purposes, the company explained that...
Riot Proposes Acquisition of Bitfarms to ‘Create the World’s Largest Publicly Listed Bitcoin Miner’
29.5.2024
Riot Platforms has announced a proposal to acquire Bitfarms to create “the world’s largest publicly listed bitcoin miner.” This offer includes cash and Riot stock, representing a 24% premium. Despite the initial rejection from Bitfarms’ Board, the proposal will be directly...
Blackrock’s IBIT Nears Grayscale’s GBTC in Bitcoin Reserves
28.5.2024
According to the latest statistics, U.S. spot bitcoin exchange-traded funds (ETFs) experienced ten consecutive days of positive inflows. Notably, during a third of those days, Grayscale’s Bitcoin Trust (GBTC) faced outflows and neutral activity. Conversely, Blackrock’s IBIT...
Binance France changes ownership following regulator warning
28.5.2024
Former CEO Changpeng Zhao cannot be Binance's beneficiary if it wants to keep its French license
UK Digital Bank Blocks Clients From Performing Crypto Transactions
28.5.2024
The London-based digital bank Kroo has barred its clients from engaging in cryptocurrency transactions, joining other U.K.-based banks in this decision. The bank cites the increasing cases of online fraud incidents involving cryptocurrencies as the reason for this move. Kroo to Decline...
Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute
28.5.2024
The hostile offer comes after a private offer to the board was rejected in April
Vanguard files exclusive fund with stress being on cryptocurrency
28.5.2024
Investment giant, Vanguard, has filed its initial exclusive fund, inclined towards crypto oriented articles. This has been done with the Securities and Exchange Commission (SEC). The funds are meant to monitor the overall capabilities of an index that calculates investment returns pertaining...
South Korean Bitcoin Premium Rises to 2.23% Amid Market Volatility
28.5.2024
This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on South Korean exchanges has now climbed to 2.23%....
Toncoin (TON) is testing crucial factors in 2024
28.5.2024
A total of two factors are banking against Toncoin (TON), contributing to the dip of 0.84% in the last 24 hours, effective at the time of writing this article. First, it is the reduced interaction of new users with the network. Second, it is the image of being a dark horse. It is imperative...
Solana Passes Proposal to Assign 100% of Priority Fees to Validators
28.5.2024
Solana validators have voted to pass Solana Improvement Document number 96 (SIMD-0096), which proposes that 100% of priority transaction fees will be awarded to validators. This breaks the current model that passes only 50% of these funds to validators, while the other half gets burned. According...
Former FTX Executive Ryan Salame Sentenced to 7.5 Years for Criminal Charges
28.5.2024
Former FTX executive Ryan Salame was sentenced to seven and a half years in prison by Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York after pleading guilty to criminal charges, including engaging in an unlawful political influence campaign and operating...
Binance covertly sells Gopax’s share of claims in Genesis Global
28.5.2024
Binance has been responsible for covertly selling its subsidiary in South Korea, Gopax’s claims about Genesis Global, for half its value or even less. In 2023, Binance was known to be the biggest shareholder of Gopax, a prime cryptocurrency exchange in South Korea. In return for the buying...
Bitcoin Hashrate Hits Record High, Surpasses Pre-Halving Levels
28.5.2024
Bitcoin’s hashrate has rebounded to the historic highs seen just before the fourth reward halving event. According to the seven-day simple moving average, the network’s hashrate reached a record 657 exahash per second (EH/s) this week. Bitcoin Hashrate Reaches Unprecedented 657 EH/s...
Shiba Inu could register a 200% surge in the next 1 month
28.5.2024
The next 30 days are crucial for Shiba Inu ($SHIB). It will likely follow a macro trend and bank a growth of approximately 200%. In the next 5 days, it will first meet the psychological mark of $0.00003218 to set the stage for the trajectory. This comes as the crypto market comes out of its …
Floki Inu unveils a trading bot for token stability and market confidence
28.5.2024
The developers of Floki Inu have introduced a new trading bot to optimize trading efficiency and market liquidity, aiming to enhance the fundamentals of their cryptocurrency. This innovative tool aims to stabilize Floki Inu’s market presence and provide a more reliable trading environment...
Trump’s crypto wallet surges to $10M, Arkham reports
28.5.2024
In a twist of events that may interest many enthusiasts in the Global village of Cryptocurrencies, it was revealed that a crypto wallet associated with the former President and current Republican nominee for the President of the United States, Donald Trump, holds about $10 million...
Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 BTC
28.5.2024
On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a total of $40 million. Semler Scientific Embraces Bitcoin Joining the trend initiated by Microstrategy...
Record-Breaking Inflows: Digital Assets Surge as Investment Products Hit New Highs
28.5.2024
Digital asset investment products have experienced unprecedented inflows, totaling $1.05 billion this past week alone, pushing the year-to-date figures to a record $14.9 billion. This surge, highlighted in a recent Coinshares flows report, marks a continuous three-week rise, signaling strong...
Chainlink eyes $20 breakout amid market surge
28.5.2024
As most cryptocurrencies have experienced bearishness in the past several days, Chainlink has remained relatively stable and even spiked by 6% within the last 24 hours. At the time of writing, its price is 5.84% higher than its initial price in April and has risen to $18.21 with a market...
Bitcoin loses the momentum, ETH and SOL pick up their paces
28.5.2024
Bitcoin (BTC) was ideally tasked with sustaining the ongoing momentum. It was closer to surpassing the milestone of $70,000. Now, it has decided to retrace the tracks to $67,000. The target of $84,000 is still in sight, but it could be delayed comparatively. Meanwhile, Ethereum (ETH) and Solana...