Finance

Auto Added by WPeMatico

Crypto Hedge Funds Are Quietly Getting Debanked, Survey Shows

by

Coinbase’s Chief Legal Officer issued a rallying cry to the industry, demanding answers after the survey results were published. Operation Chokepoint 2.0 Targets Crypto Hedge Funds Three quarters of 160 crypto hedge funds polled, reported difficulty accessing banking services according to a recent survey – and Coinbase is not very happy about it. The survey … Read more

Tokyo-Based Metaplanet Secures $60.6 Million for Bitcoin Treasury

by

Japanese investment firm Metaplanet Inc. has raised $60.6 million (9.5 billion yen) through two bond issuances to bolster its bitcoin (BTC) holdings. Metaplanet Completes $60.6 Million Bond Issuance for Bitcoin Purchases The Tokyo-based company announced the completion of its fifth bond series issuance on Dec. 20, raising 5 billion yen. This follows a previous tranche … Read more

Bitcoin Scarcity Could Fuel $1.5M Price, Cathie Wood Declares

by

Investor Cathie Wood anticipates a flurry of mergers and acquisitions (M&A) among startups as regulatory changes accompany the Trump administration, she revealed in a recent Bloomberg interview. The leader of Ark Invest, celebrated for her daring forecasts, also doubled down on her prediction that bitcoin could exceed $1.5 million by 2030. Ark Invest’s Wood Envisions … Read more

A Crypto First: Hybrid Spot Bitcoin-Ethereum ETFs From Hashdex and Franklin Templeton Approved by SEC 

by

The U.S. Securities and Exchange Commission (SEC) has given the green light to two cryptocurrency index exchange-traded funds (ETFs) from Hashdex and Franklin Templeton, heralding a new era for regulated crypto investments. SEC’s Approval Unleashes New Crypto ETFs These ETFs blend exposure to both spot-based bitcoin (BTC) and ethereum (ETH), providing investors with a mix … Read more

Solana’s Dapps Revenue Hits Record $365 Million

by

The Solana dapp ecosystem reached significant monthly revenue numbers in November, with Pumpfun crossing the $100 million mark. Solana Dapp Revenue Goes Parabolic Solana’s decentralized applications (dapps) hit an all-time high of $365 million in November. According to Syndica research, Solana’s total dapp revenue of $365 million exceeded Solana’s network revenue of $92 million. Over … Read more

Metamask Launches Pilot Program for Metamask Card in the United States

by

The Metamask card allows crypto holders to make everyday purchases with crypto directly from the Metamask wallet. Metamask Card Launches in the U.S. Metamask, one of the popular crypto wallets has announced the kickoff of its limited pilot program for the Metamask card in the U.S. The Metamask card allows crypto users to spend cryptocurrency … Read more

Crypto Resilience: ETFs Attract Millions Despite Market Woes

by

On Wednesday, Dec. 18, the 12 spot bitcoin (BTC) exchange-traded funds (ETFs) attracted $275.39 million in positive inflows, even as the broader cryptocurrency market faced a downturn and bitcoin briefly dipped below $100,000. Ether ETFs Record Modest Gains as Bitcoin Funds Shine Both spot bitcoin ETFs and their ether (ETH) counterparts reported gains on Dec. … Read more

Hut 8 Joins $1 Billion Bitcoin Reserve Club With $100 Million BTC Purchase

by

Hut 8’s strategic bitcoin reserve of over 10,000 BTC has been achieved through low-cost production and strategic at-market purchase. 990 Bitcoin Purchase Pushes Hut 8’s Holdings Past $1 Billion Net Worth Hut 8, one of North America’s largest bitcoin miners has announced the purchase of 990 BTC at an average cost of $101,710 per bitcoin. … Read more