AI tokens slide as Nvidia jumps 7% — but ‘don’t expect that to last’
AI crypto tokens are “quiet now,” bleeding red across the board, but a crypto trader says that won’t last. Go to Source
Month: May 2024
Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury
Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held for long-term purposes, the company explained that it will record them at cost. Meanwhile, short-term holdings will … Read more
Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals
Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices, ethereum futures markets have achieved a record high in open interest. … Read more
Don’t waste $6,400 on random gaming — Spend it on GameFi
Today’s gamers are going to spend — on average — more than $6,400 on purchases they can’t use outside of the platforms on which they were purchased. Go to Source
BlackRock adds own Bitcoin ETF to income and bond funds
One of the funds was BlackRock’s Strategic Income Opportunities Fund worth over $37.4 billion. Go to Source
BDAG Flourishes Despite Retik Finance’s Struggles on Uniswap
BlockDAG’s Innovative Dashboard Drives Predictions to $30 By 2030, Retik Finance Falters with 24% Drop Post-Uniswap Listing The Uniswap debut of Retik Finance has failed to prevent a steep decline in its price. Now at $1.21, down 24.27% from $1.58, it reflects a lack of confidence among investors. This significant decrease highlights the general market … Read more
Riot Proposes Acquisition of Bitfarms to ‘Create the World’s Largest Publicly Listed Bitcoin Miner’
Riot Platforms has announced a proposal to acquire Bitfarms to create “the world’s largest publicly listed bitcoin miner.” This offer includes cash and Riot stock, representing a 24% premium. Despite the initial rejection from Bitfarms’ Board, the proposal will be directly presented to shareholders. Riot asserts that the acquisition will establish a vertically integrated, geographically … Read more
Solana’s Penguiana $PENGU Token Launch On Raydium Surpasses $1M Valuation, Sets Stage For GUIANA NFT Minting
In a remarkable showcase of growth and enthusiasm, Penguiana, the unique penguin-themed meme coin on the Solana blockchain, has successfully launched its $PENGU token on Raydium. Buy $PENGU here on Raydium. This milestone comes after a highly successful presale, confirming strong investor interest and community support. As the $PENGU token gains traction on the market, … Read more
Blackrock’s IBIT Nears Grayscale’s GBTC in Bitcoin Reserves
According to the latest statistics, U.S. spot bitcoin exchange-traded funds (ETFs) experienced ten consecutive days of positive inflows. Notably, during a third of those days, Grayscale’s Bitcoin Trust (GBTC) faced outflows and neutral activity. Conversely, Blackrock’s IBIT saw inflows on most of the ten trading days. Blackrock’s IBIT and Grayscale’s GBTC Neck and Neck in … Read more
Judge dismisses Debt Box case, orders SEC to pay $1.8M in fees
The civil lawsuit initially filed by the commission in 2023 ended on May 28, with a judge ordering the SEC to pay attorney and receivership fees. Go to Source