crypto

Metaplanet’s ambitious .4B Bitcoin acquisition plan sets sights on 210k BTC

Metaplanet’s ambitious $5.4B Bitcoin acquisition plan sets sights on 210k BTC

Metaplanet has launched what it calls Asia’s largest equity raise dedicated to Bitcoin. According to CEO Simon Gerovich, the company is issuing 555 million shares through moving strike warrants in a Â¥770.9 billion ($5.4 billion) capital raise. The firm has also acquired 1,088 BTC for Â¥16.9 billion ($117.5 million), increasing its on-chain holdings to 8,888 […]

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Circle Soars 168% In First Day Of Trading On NYSE Following Strong IPO

Circle Soars 168% In First Day Of Trading On NYSE Following Strong IPO

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Shares

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A New Era For Circle: CEO Jeremy Allaire Celebrates Historic IPO

A New Era For Circle: CEO Jeremy Allaire Celebrates Historic IPO

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Circle, the issuer of the USDC stablecoin, made a highly anticipated entrance onto the public market on Thursday, with its stock (CRCL) skyrocketing as much as 200% during trading.  The shares opened at approximately $69 and closed at $83.23, marking a remarkable

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TRON Surges Past 8 Million Daily Transactions as TRX Holds Above alt=

TRON Surges Past 8 Million Daily Transactions as TRX Holds Above $0.27

TRON (TRX) has experienced relatively stable price movement over the past week, fluctuating within a narrow range between $0.276 and $0.272. At the time of writing, the token is trading at $0.2729, reflecting a weekly decline of approximately 1.5%. However, zooming out reveals a broader uptrend, with TRX gaining nearly 12% over the past month,

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US Seizes Crypto and 145 Domains in Major Darknet Takedown

US Seizes Crypto and 145 Domains in Major Darknet Takedown

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Department of Justice has taken action against the darknet marketplace known as BidenCash, announcing the seizure of cryptocurrency assets and 145 internet domains linked to its operations. The announcement came from the US Attorney’s Office for the Eastern District of

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Alleged Crypto Kidnapping Boss Captured

Alleged Crypto Kidnapping Boss Captured

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A 24-year-old French-Moroccan man has been arrested in Morocco after being linked to a string of recent kidnappings in France aimed at stealing crypto. Based on reports, Badiss Mohamed Amide Bajjou was taken into custody by Morocco’s national police on June 4.

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institutions cut Bitcoin ETF exposure by 23% in Q1

institutions cut Bitcoin ETF exposure by 23% in Q1

Institutional investors cut Bitcoin (BTC) allocations in US-based spot exchange-traded funds (ETFs) during the first quarter after hedging profits waned and futures premiums compressed, a June 5 CoinShares report showed. The report assessed 13-F filings from asset managers with at least $100 million in assets under management. These investors reported $21.2 billion in Bitcoin ETF

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Bitcoin Hash Ribbons Indicating Prime Buying Opportunity, Analyst Says

Bitcoin Hash Ribbons Indicating Prime Buying Opportunity, Analyst Says

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin

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WLFI issues cease and desist notice to creators of ‘Official Trump Wallet’

WLFI issues cease and desist notice to creators of ‘Official Trump Wallet’

World Liberty Financial (WLFI), the crypto venture associated with President Donald Trump and members of his family, has issued a cease-and-desist letter to the creators of a newly announced Trump-branded crypto wallet, Bloomberg News reported on June 5, citing a person familiar with the matter. The letter, reportedly sent to Fight Fight Fight LLC, the

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Uber eyes stablecoins for faster settlements, lower FX costs for global operations

Uber eyes stablecoins for faster settlements, lower FX costs for global operations

Uber is exploring dollar-pegged stablecoins as a tool for transferring funds across its global network, CEO Dara Khosrowshahi said on June 5 at the Bloomberg Tech conference in San Francisco.  Khosrowshahi explained that blockchain-based tokens could settle payments faster than traditional correspondent bank channels and eliminate layers of foreign exchange fees.  He said that stablecoins

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