[ad_1] Este artículo también está disponible en español. Japan-based early-stage investment firm Metaplanet continues its Bitcoin (BTC) buying spree. The company announced today that it has purchased 619.7 BTC for $61 million – including fees and other expenses – making it the firm’s largest Bitcoin acquisition to date. Metaplanet Increases BTC Holdings To 1,762 The recent crypto market downturn from its all-time highs (ATH) does not appear to bother Metaplanet, as the Tokyo-listed firm made its largest BTC purchase to date, buying 619.7 BTC worth $ 61 million at an average price of around $96,000. Related Reading To recall, Metaplanet…
Author: dfrancis36
[ad_1] In the US, former football star Robert “Bo” Hines has been appointed as executive director of the Presidential Council of Advisers for Digital Assets, signaling yet another positive move for cryptocurrency policy. President-elect Donald Trump broke the news on his social media platform Truth, announcing Hines as the latest addition to his newly formed Crypto Council, which Trump describes as an “advisory group composed of luminaries from the crypto industry.” Hines is a law graduate and former college footballer who played for the NC State Wolfpack and Yale Bulldogs. After retiring from American football in 2017, the Republican entered…
[ad_1] Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of…
[ad_1] A surge in Gen Z crypto investors has taken the market by storm, and the catalyst may just be political. Following Donald Trump’s election win in November 2024, the U.S. president-elect’s pro-crypto stance sparked significant interest among younger generations, particularly Gen Z. Crypto exchange Bitget reported that its Gen Z user base skyrocketed by a substantial 683% within a month. In November 2024, Gen Z made up over half of all new users on Bitget, with their share of the exchange’s new user base more than doubling from 26.2% in October to a striking 53.8%.Gen Z in Crypto TradingThis…
[ad_1] On-chain data shows HODLing behavior on the Litecoin network has remained strong recently despite the plunge that LTC’s value has observed. Litecoin HODLers Currently Control The Majority Of Supply In a new post on X, Litecoin’s official handle talks about how the asset supply is distributed between its different cohorts right now. The investors have been divided into the groups in question based on holding time. There are three such cohorts relevant here: Traders, Cruisers, and HODLers. The first of these, the Traders, refers to the investors who bought their coins within the past month. This cohort includes the…
[ad_1] Binance, the top global crypto exchange by trading volume, is rolling out support for the new native token of a “decentralized science” project. Binance Launchpool, which lets users stake coins to farm new assets, says its 63rd project will be BIO Protocol (BIO), a decentralized platform aiming to advance biotechnology through collective funding and the tokenization of biotech projects. Says the project, “BIO is a curation and liquidity protocol for decentralized science (DeSci). Our mission is to accelerate biotechnology by giving global communities of patients, scientists and biotech professionals the ability to collectively fund, build and own tokenized biotech…
[ad_1] Ripple’s XRP is facing downward pressure, with price declining in the past day and week. According to CoinMarketCap, the token dropped 3% and 12% in the daily and weekly charts, respectively. XRP’s price decline reflects a broader price correction in the crypto space. Bitcoin is leading the bear market, having dropped 3% in the past day and 13% in the past week. The second largest cryptocurrency, Ethereum, has also been facing losses of nearly 20% in the past week, currently changing hands for $3,298.Defying Bearish SentimentDespite the negative sentiment facing Ripple’s XRP, its leadership remains optimistic about a price…
[ad_1] The latest report from CoinShares, a leading digital asset investment firm, reveals that last week’s performance for crypto asset investment products was mixed. According to the report, the market experienced inflows totaling $308 million, marking a continuation of positive trends. However, there was also a series of outflows that amounted to roughly $1 billion. Deciphering The Fund Flows The data shared by CoinShares highlighted substantial outflows, with December 19 witnessing a single-day outflow of $576 million. The final two days of the week contributed an additional $1 billion in total outflows, raising concerns among market participants about sustained investor…
[ad_1] The team behind the largest decentralized crypto exchange (DEX) by trading volume is confirming the launch of its highly-anticipated layer-1 blockchain Unichain. In a new blog post, Uniswap Labs says that, after the successful public testnet phase of the Unichain launch, the launch of a public mainnet is the next step. The firm says Unichain will begin its transition to mainnet on January 6, 2025. “The next major milestone focuses on decentralization, which is core to Unichain. Mainnet will go live with Permissionless Fault Proofs on day one, allowing anyone to verify the chain’s activity. This process will begin…
[ad_1] Natalie Smolenski has made a name for herself in the Bitcoin space in recent years by sharing her dynamic insights on Bitcoin and how it shapes the world moving forward.The PhD-holding anthropologist is on the verge of upping the ante around her Bitcoin-related thought contributions with the new book she’s edited and to which she’s contributed, The Satoshi Papers: Reflections On Political Economy After Bitcoin (published by Bitcoin Magazine Books and available for pre-order now).The book is a collection of texts from some of the most prominent academics who write about Bitcoin, including Andrew M. Bailey, Avik Roy and…