Metaplanet Inc. plans to issue ¥5.0 billion ($31.9 million) in ordinary bonds to accelerate its Bitcoin buys. The company announced this in a December 20 post on X, adding that the repayment will be made from exercising its 12th series stock acquisition rights. Details of the 5th Series Ordinary Bonds In a separate post, Metaplanet...Read More
Reports have emerged that hackers compromised the X account of the newly-established Department of Government Efficiency (D.O.G.E.) co-lead Vivek Ramaswamy. The attack led to a whirlwind of misinformation and market frenzy surrounding the four-month-old USUAL stablecoin project. False Claims Propel Market Activity It started with a now-deleted post initially thought to be from Ramaswamy, announcing...Read More
[PRESS RELEASE – Lahore, Pakistan, December 20th, 2024] O.XYZ, the leading decentralized Super AI project, announces the launch of OSOL100, a first-of-its-kind AI index token designed to capture the cumulative value of Solana’s top 100 AI projects. This innovative token provides users with direct exposure to Solana’s AI infrastructure, agents, and meme tokens, all through...Read More
The crypto markets faced a massive sell-off that began ever since Bitcoin marked the highs at $108,000 a few days ago. However, the top memecoins, Dogecoin & Shiba Inu, had triggered much before the BTC price crash, which suggests the market participants have exited the memecoin space much before and entered the star token. This...Read More
Bitcoin (BTC) is currently worth around $94,000 after trading above $108,000 earlier this week. While traders continue to take profits, analysts believe the cryptocurrency still has room for growth. According to an X thread by Rafael Schultze-Kraft, the co-founder of the on-chain market intelligence platform Glassnode, over 20 charts and metrics suggest BTC has yet...Read More
[PRESS RELEASE – Singapore, Singapore, December 20th, 2024] Foresight Ventures, a global leading Venture Capital in Web3 and blockchain, has unveiled its latest research report on Story, highlighting its transformative potential in building a decentralized ecosystem for managing intellectual property (IP). The research delves into how the protocol enables trustless IP management, automated licensing, and...Read More
[PRESS RELEASE – Phuket, Thailand, December 20th, 2024] ADADENG, the Moo Deng-inspired meme coin, has achieved the 100,000 ADA milestone in its presale, with less than 12 hours remaining until its Minswap listing. A Fresh, Community-Driven Approach ADADENG is a vibrant, culture-infused project built on Cardano’s secure and scalable blockchain. Inspired by the playful “Moo...Read More
Craig Wright, who has repeatedly and falsely claimed to be Bitcoin’s pseudonymous creator, Satoshi Nakamoto, was handed a one-year suspended sentence in the United Kingdom for five counts of contempt of court. The computer scientist was also fined £145,000, approximately $180,000 for his actions. Wright Breached Court Order During a December 19 hearing, Judge James...Read More
The landscape in the cryptocurrency space can change drastically in days. Recall that bitcoin tapped a new all-time high of over $108,000 on Tuesday, but its price has slumped to $94,500 since then. This came after a few remarks by Federal Reserve Chair Jerome Powell, who warned that the central bank could not purchase BTC...Read More
Bitcoin’s massive rise from under $70,000 to over $108,000 within a month and a half after Donald Trump’s landslide victory in the US presidential elections left some investors outside the circle. However, the ever-volatile nature of BTC always leads to substantial corrections that provide opportunities for those who missed the initial train to get on...Read More
Bitcoin’s price actions in the past few days have been nothing short of a substantial correction that pushed it south by around thirteen grand. It seems Powell’s comments made during the latest FOMC meeting have scared US investors as they pulled over $670 million from the spot Bitcoin ETFs within just a day. Red Record...Read More
After agreeing to curtail its ambitious Bitcoin initiatives, El Salvador has reached a $1.4 billion loan arrangement with the International Monetary Fund (IMF). The agreement, which needs the approval of the IMF Executive Board, aims to support El Salvador’s reform agenda, boost fiscal and external sustainability, and create conditions for stronger, inclusive growth. IMF Loan...Read More
