Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually lost its relevance in the market. Tomaino detailed that Coinbase rode this premise back in 2014 to raise $125 million in two funding rounds, but it was quickly clear that there was not a case…
Predictions are the basis of all our decision-making. Be it trivial matters like taking an umbrella on a day it might rain. Or the potential course of crypto regulations based on who becomes the next U.S. President. However, predictions require information. You typically get them from widely disparate sources like news, social media, or Google.…
Metaplanet, a Japanese company, announced on June 11 a purchase of 23.351 BTC worth about $1.59 million, elevating its BTC holdings to 141.07, worth $9.6 million. This pro-bitcoin move by Metaplanet triggered a remarkable 10.8% price surge in its publicly traded shares. Metaplanet Buys 23.351 BTC The Tokyo-based company, which has earned the nickname Asia’s…
Are you looking for a game-changer within an investment portfolio? Bitgert has proven to be one of those mid-cap tokens that could increase returns on your investment tenfold. Here’s why this token investor base grows in leaps and bounds. Bitgert’s Core Principle Bitgert seeks to establish a blockchain ecosystem for hosting anything concerning DeFi, NFTs,…
BlockDAG’s latest Keynote 2 event has sparked significant investor interest, with predictions of its coin reaching $10 by 2025 and $30 by 2030. While Super Trump (STRUMP) faces a price dip and JasmyCoin gains traction, BlockDAG stands out with its innovative advancements and promising growth trajectory. Having raised over $48.8 million till its 18th presale…
Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding round. Led by Electric Capital, the funds will be used to improve the functionality of already existing products and take Fuse to the market. Squads…
Bitfarms announced on Monday that its Board of Directors has unanimously approved a shareholder rights plan, effective immediately, to preserve the integrity of its strategic alternatives review process in response to an unsolicited takeover offer from Riot Platforms Inc. The plan, commonly known as a “poison pill,” is intended to prevent any party from gaining…
The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends purchasing gold during price dips rather than selling. Recently, gold prices fell by over $80 per ounce due to strong U.S. payroll and earnings data, coupled with a rise in the 10-year U.S. Treasury yield and the…
Metaplanet, a publicly traded corporation on the Tokyo Stock Exchange, has announced an investment of 23.351 bitcoins, with an average purchase price of 10,706,180 yen per BTC, totaling 250 million yen ($1.6 million). The company now holds 141.0727 bitcoins, with an average purchase price of 10,278,391 yen per BTC, amounting to a total aggregated purchase…
Russian President Vladimir Putin claims U.S. economic policies are diminishing the dollar’s global dominance. “Last year the share of payments for Russian exports in the unfriendly states’ so-called toxic currencies was halved,” he revealed, labeling the U.S.’s $1 trillion trade deficit as modern neocolonialism and emphasizing Russia’s shift towards using the ruble and local currencies…