Metaplanet has recently made a significant investment in bitcoin, acquiring approximately $3.3 million worth of the cryptocurrency. This move is part of the Japanese investment firm’s broader strategy to expand its bitcoin holdings. With this latest purchase, Metaplanet now possesses a total of 303.095 BTC acquired for $20 million. Earlier this month, Metaplanet Inc. secured
Crypto.com, a leading cryptocurrency exchange based in Singapore, has recently made waves in the sports marketing world by securing a groundbreaking partnership with the Union of European Football Associations (UEFA) Champions League. This landmark collaboration marks a significant milestone for the cryptocurrency industry, as Crypto.com becomes the official global sponsor of one of the most
Core Scientific, a Texas-based Bitcoin mining company, recently announced the pricing of its increased offering of $400 million in 3.00% convertible senior notes due in 2029. The initial size of the offering was $350 million, which was upsized due to favorable market conditions. Scheduled to settle on August 19, 2024, the notes will be issued
The Bitcoin price has not reached the $20,000 level for almost two years, leading some to believe that it may never return to that range. However, an analyst known as “Without Worries” has a different perspective. According to their analysis on TradingView, the possibility of Bitcoin crashing back to $20,000 is not a question of
Australia’s Securities and Investments Commission (ASIC) has taken legal action against the Australia Securities Exchange (ASX) Ltd., alleging that the ASX made false statements regarding its blockchain trade settlement project. ASIC claims that the ASX misled the public by stating that the project was on track for a launch in April 2023 and was making
The latest data on Ethereum’s Layer 2 ecosystem reveals an unprecedented surge in daily transaction volume. According to recent statistics compiled by Growthepie, the daily transactions across Layer 2 networks reached a staggering 12.42 million on August 12, marking a new all-time high. This exponential growth in transaction volume underscores the rapid advancements in scalability
Amidst the current market downturn, there is a noticeable shift towards HODLing and accumulation among investors in the digital asset market. Glassnode’s recent analysis sheds light on this trend, indicating a growing inclination towards holding onto assets rather than selling in response to volatile market conditions. Following Bitcoin’s all-time high in March, there was a
Bitcoin’s price has been on a wild ride recently, with a massive increase of nearly $13,000 in just a few days. However, this upward momentum was short-lived as bears quickly took control, causing the price to drop back down to under $58,000. The cryptocurrency market has been experiencing significant volatility, making it difficult to predict
Samuel Edyme, also known as HIM-buktu, has a multifaceted background as a web3 content writer, journalist, and aspiring trader. His entrance into the crypto world was far from conventional, starting with a Ponzi scheme that lured him in. However, instead of being deterred by this experience, he emerged with a newfound wisdom and determination. This
Crypto analyst Javon Marks has made some bold predictions regarding the price of Ethereum (ETH), suggesting that the cryptocurrency could see a significant 75% breakout and rise to $4,723. Marks points to bull divergences holding within a massive climb since breaking out, indicating that this parabolic rally is indeed possible. He even goes as far