According to a September 7 report by Bloomberg, Premier League (PL) clubs have secured a record-breaking $170 million in sponsorship deals from crypto companies for the 2024/25 season. This uptick comes as league participants face tightening restrictions on gambling sponsorships, which have traditionally been a major source of revenue for them. Crypto Sponsorships on the...Read More
Digital asset investment products recorded minor outflows of $147 million over the past week, likely driven by stronger-than-anticipated economic data that reduced expectations for substantial rate cuts. ETP investment product trading volumes rose slightly by 15% to $10 billion, while overall crypto market volumes remained lower. Bitcoin saw significant investor focus, according to the latest...Read More
A new Ethereum Improvement Proposal, EIP-7781, introduced on October 5, 2024, aims to reduce Ethereum’s block time from 12 seconds to 8 seconds. The upgrade, introduced by Ben Adams, co-founder of Illyriad Games, could also enhance data capacity and potentially increase network throughput by 50%. A Major Step for Ethereum’s Future In an October 6...Read More
Tokyo-listed Bitcoin holder Metaplanet has purchased an additional 108.786 Bitcoin for 1 billion yen, reflecting its ongoing bullish stance on the crypto asset. The latest stash is worth around $6.7 million. Metaplanet Expands Bitcoin Holdings According to the official statement released on Monday, Metaplanet – often referred to as Japan’s MicroStrategy – now holds 639.503...Read More
An HBO documentary, “Money Electric: The Bitcoin Mystery,” due to air on Oct. 8, claims to have unveiled the identity of the creator of the Bitcoin network. American cypherpunk and cryptographer Leonard Harris “Len” Sassaman is coming up as the top contender. Sassaman died in July 2011 after committing suicide, and a tribute was encoded...Read More
[PRESS RELEASE – Dubai, UAE, October 7th, 2024] On October 22-23, the Blockchain Life 2024 forum will take place in Dubai. Over 10,000 participants from 120 countries will come together for the crypto event to share industry insights on the eve of Bull Run 2025. Participants will hear from leading voices in the blockchain space,...Read More
[PRESS RELEASE – Thailand, Bangkok, October 7th, 2024] SUI meme token $HIPPO donates 5M Thai Baht and enters into an official charity partnership with Moo Deng’s zoo – Khao Kheow Open Zoo The SUI Moo Deng fan token Sudeng – $HIPPO has officially entered into a charitable partnership with Khao Kheow Open Zoo donating a...Read More
Crypto markets gained over the weekend and are holding on to momentum in early Monday trading in Asia. This week’s raft of economic and inflation reports could give them a further boost, especially if the probability of another large rate cut increases. “A November 50 basis point rate cut was almost entirely priced out last...Read More
Donald Trump has once again expressed support for Ross Ulbricht, the imprisoned founder of the Silk Road, an illegal online marketplace. Trump took to Truth Social to vow that he would “save” Ulbricht. Trump Vows to Free Ulbricht if Re-elected The former president shared a screenshot of Ulbricht’s recent post marking the start of another...Read More
