Month: April 2024

Story Highlights Metaplanet invests ¥1 billion ($6.5 million) in Bitcoin for its corporate treasury. Acquisition details: 97.8519 bitcoins bought at an average price of ¥10,219,524 per bitcoin. This investment represents approximately 30% of Metaplanet’s current market capitalization Metaplanet appears to be drawing inspiration from MicroStrategy’s groundbreaking strategy as it embraces Bitcoin as its primary asset…

In the ever-evolving landscape of digital innovation, blockchain technology has emerged as a catalyst for the genesis of numerous crypto-gaming ventures. Over the past few years, this paradigm-shifting technology has provided fertile ground for the cultivation of a diverse array of gaming platforms that seamlessly integrate cryptographic principles, enabling players to not only immerse themselves…

In recent market prognostication, a seasoned XRP trader has prognosticated an imminent and formidable surge in the valuation of XRP, setting their sights on a lofty pinnacle of $1.13 per token. This ambitious forecast is underpinned by a fervent desire to harness the forthcoming rally, potentially culminating in a staggering windfall of $105,000. However, amidst…

In a development that has sent ripples through the crypto community, Robinhood, the renowned trading platform, has made a significant stride by introducing Shiba Inu (SHIB) for its users based in New York. This move is not only a testament to the growing popularity of Shiba Inu but also underscores Robinhood’s commitment to expanding its…

In recent weeks, the cryptocurrency market has witnessed a flurry of divergent performances among various assets, characterized by the challenge faced by most in maintaining substantial gains. While certain assets have succeeded in achieving moderate price upticks, others have faltered, succumbing to the prevailing downtrend that has engulfed the market in a sea of red….

Cardano is encountering a period of adversity as it finds itself trading below the 200-day Exponential Moving Average (EMA), a key long-term moving average often utilized to assess trend shifts. The breach of this threshold typically signifies a bearish sentiment, indicating a lack of bullish conviction. However, amidst these challenges, there appears to be a…

Summary Ethereum’s Supply on Exchanges increased in the last few days.  ETH was down by over 2%, and indicators looked bearish ETH Over the past week, Ethereum (ETH) has experienced a significant outflow from exchanges, coinciding with a bullish price action. However, in the last 24 hours, the market sentiment turned bearish. Did this downturn…

In recent days, a fascinating inquiry has surfaced within the realm of cryptocurrency, particularly focusing on Ripple’s Stablecoin and its potential implications for the broader XRP ecosystem. This inquiry has sparked a lively and intricate debate, drawing the attention of enthusiasts, investors, and industry experts alike. At the heart of this discussion are statements attributed…

In a significant development, Hong Kong has approved spot Bitcoin and Ether ETFs, marking a historic milestone in the cryptocurrency market. However, hopes for similar approval in the United States are clouded by regulatory hurdles. Recent discussions between U.S. issuers and the Securities and Exchange Commission (SEC) regarding potential Ether-linked exchange-traded funds (ETFs) have left…

Shiba Inu, a cryptocurrency that has captured the hearts of many with its vibrant community and trailblazing initiatives, has recently unveiled its highly-anticipated roadmap for the Shibarium ecosystem. This roadmap serves as a beacon of innovation, illuminating the path for numerous groundbreaking developments slated to unfold during the dynamic 2024/2025 cycle. Picture this: a tapestry…