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Metaplanet Stock Soars 19% After Strategic Bitcoin Purchase In a remarkable turn of events, Japanese investment firm Metaplanet has made headlines as its stock price surged by 19% during the Tokyo trading day. This impressive leap follows the company’s strategic acquisition of 497 Bitcoin at an average price of $88,448 per coin, totaling a significant…
Mexican Billionaire Goes ‘All In’ on Bitcoin In a bold financial move, Mexican entrepreneur Ricardo Salinas has declared that he is now ‘all in’ on Bitcoin, allocating a remarkable 70% of his investment portfolio to the cryptocurrency. This significant increase from just 10% in 2020 highlights Salinas’ growing confidence in Bitcoin as a leading asset….
Blockstream Launches Multi-Billion Dollar Bitcoin Lending Funds In a groundbreaking move for the cryptocurrency sector, Bitcoin developer Blockstream has secured a multi-billion dollar investment aimed at launching three new institutional funds. This initiative includes two funds specifically designed for Bitcoin lending, marking a significant advancement in the way institutional investors can engage with Bitcoin. Details…
Do Kwon’s Court Hearing Delayed Amidst New Evidence The upcoming court hearing for Do Kwon, the co-founder of Terraform Labs, has been postponed until April 10, 2023. This delay comes as prosecutors in the case revealed they have discovered an additional four terabytes of evidence that requires thorough examination. The decision was made by Judge…
El Salvador’s Bitcoin Strategy: Bukele’s Bold Commitment Amid IMF Pressure In a significant move that underscores his commitment to cryptocurrency, El Salvador’s President Nayib Bukele has announced that the country will continue its policy of purchasing at least one Bitcoin daily. This declaration comes despite mounting pressure from the International Monetary Fund (IMF), which has…
SEC Drops Lawsuit Against Cumberland DRW In a significant development for the cryptocurrency industry, the Securities and Exchange Commission (SEC) has agreed to dismiss its lawsuit against Cumberland DRW. This announcement was made by Cumberland in a recent post on X, dated March 4. The firm expressed optimism about the future of regulatory clarity in…
Pump.fun Trading Volume Plummets 63% in February 2025 In a shocking turn of events, Pump.fun, a prominent token launchpad within the Solana ecosystem, has experienced a staggering 63% drop in trading volume from January to February 2025. According to data from Dune Analytics, this decline is indicative of broader issues facing the memecoin market, which…
Breaking News: Major Developments Shake the Crypto Market Today! Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3, and crypto regulation. Today in crypto, more than $1 billion worth of derivatives were liquidated on March 4 due to fears…
Solana’s Upcoming Upgrades: A Double-Edged Sword for Validators Solana’s planned protocol upgrades are poised to play a crucial role in the network’s long-term health, yet they may also significantly impact the earnings of validators, as highlighted by asset management firm VanEck. In March, Solana’s validators will cast their votes on two proposed upgrades, known as…
Donald Trump’s Crypto Summit: What to Expect As anticipation builds for the upcoming crypto summit hosted by US President Donald Trump, many are eager to learn about the event’s focus and implications for the digital asset landscape. Announced by Trump’s AI and crypto czar, David Sacks, the summit is set to take place on March…
