Japanese investment firm Metaplanet has secured 9.5 billion yen (approximately $60.6 million) through two bond issuances to bolster its Bitcoin acquisitions. In a December 20 X post, the Tokyo-listed company announced it successfully raised 5 billion yen (approximately $31.9...
OKX has introduced the Ordinals Launchpad, a new platform designed to help creators seamlessly launch and inscribe their projects directly on the Bitcoin blockchain. The platform equips creators with essential tools, visibility, and technical support to streamline the Bitcoin...
The total value of Hut 8’s Bitcoin holdings now exceeds $1 billion following a $100 million purchase. In a December 19 press release, the Bitcoin miner revealed that it had acquired 990 BTC at an average price of $101,710 per...
El Salvador has reached a $1.4 billion financing agreement with the International Monetary Fund (IMF) under a 40-month Extended Fund Facility. The deal, aimed at addressing the country's balance of payment challenges and advancing its reform agenda, comes with...
Hong Kong's newly proposed stablecoin bill passed its first reading in the city’s Legislative Council today, December 18, 2024. This move brings the city closer to establishing a robust regulatory framework for fiat-backed stablecoin issuers. During the presentation of...
Bitfinex predicts Bitcoin will reach $200,000 by mid-2025, following a year filled with significant milestones, including the launch of the first-ever spot crypto ETF. A recent report indicates that Bitcoin's halving event in 2024 typically signals a bullish market...
Bitcoin's trajectory has been extraordinary. From its obscure beginnings in 2009 to reaching over $100,000 in early December 2024, this digital currency has evolved from a tech curiosity into a globally recognized financial asset. Its meteoric rise has drawn...
In a bold political and economic maneuver, US President elect Donald Trump is reportedly considering an executive order to designate Bitcoin as a U.S. reserve asset when he returns to office in 2025. This proposal, closely tied to the...
Meta's stablecoin project, Diem (originally launched as Libra in 2019), aimed to revolutionize global payments by creating a decentralized payment network backed by stablecoin reserves. Its promise of seamless, scalable international payments attracted partnerships from major players like Visa...
Ethereum's Ether (ETH) is the second-largest cryptocurrency by market capitalization and has long been a cornerstone of the blockchain ecosystem. It follows closely behind Bitcoin in terms of market performance, often reflecting similar patterns of gains and losses. As...
