BlackRock CEO Larry Fink revealed that the asset management giant now views Bitcoin as a digital alternative to gold, marking a significant shift in the firm’s stance on cryptocurrency. Fink's comments, made during an earnings call, highlight BlackRock’s evolving...
On October 15, Metaplanet's shares surged by 15.7% after the Japanese investment firm announced its latest acquisition of nearly 107 Bitcoin. This purchase increased the firm's total Bitcoin holdings to 855.5 BTC, valued at over $56.1 million, according to...
Japanese investment firm Metaplanet has expanded its Bitcoin holdings to nearly 640 BTC. On October 7, the firm announced its latest acquisition of 108.78 BTC, bringing its total holdings to 639.5 BTC, valued at approximately $40.5 million. Following the...
Japanese investment firm Metaplanet has acquired 23.97 Bitcoin through an options deal with Singapore-based digital asset trading firm QCP Capital, bringing its total Bitcoin holdings to 530.72 BTC. In an October 3 announcement, Metaplanet revealed it had entered into...
Bitcoin mining companies worldwide have been observed in recent times to be shifting from relying on debt to raising funds through equity to stabilize their finances and position themselves for long-term success. Well-known companies such as Frankfurt-based Northern Data,...
Recent data from blockchain analytics firm IntoTheBlock (ITB) reveals a significant surge in Bitcoin outflows from exchanges, with approximately $750 million in assets withdrawn on September 10, 2024. This marks the largest net outflow of Bitcoin (BTC) since May,...
Bitcoin is currently suffering from an identity crisis. Though initially conceived as a decentralized, peer-to-peer electronic cash system, the cryptocurrency has evolved to embody two distinct, sometimes conflicting identities: a store of value akin to "digital gold" and a...
Tokyo-listed investment firm Metaplanet has continued to pursue its Bitcoin accumulation strategy aggressively. The company recently purchased 38.464 Bitcoin, valued at approximately 300 million yen ($2 million), bringing its total Bitcoin holdings to 398.832 BTC, worth around 3.75 billion...
Crypto ATMs were introduced as a promising solution to help boost the adoption of digital currencies by encouraging their use in day-to-day transactions. These machines allow users to buy and sometimes sell cryptocurrencies using cash or credit cards and...
21.co, the parent company of 21Shares, has launched its Wrapped Bitcoin product, 21BTC, on the Ethereum blockchain. This significant development, announced on September 3, comes through a collaboration with Flow Traders, a leading global market maker. According to the...
