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Bitwise expands its suite of crypto staking solutions with the launch of a solana staking exchange-traded product (ETP). Solana ETP Launched in Europe While Bitwise U.S. Solana ETF Stalls Bitwise, a crypto asset management firm has introduced a Solana staking exchange-traded product (ETP) in Europe with the ticker BSOL. This comes less than a month … Read more
The Lido community has voted to end staking services on Polygon, due to significant challenges that has limited adoption. Lido Shuts Down Polygon Staking Lido Finance has announced it will be effectively discontinuing its staking service on Polygon. According to a Dec. 16 blogpost, the decision was reached after an extensive decentralized autonomous organization (DAO) … Read more
The concentration of over 50% of ETH’s supply in a small pool of wallets could pose key risks to Ethereum’s decentralization. Ethereum Whales Hit Highest Holding Ever Ethereum’s (ETH) surge to $4,000 has rekindled interest in the second largest cryptocurrency by market cap. With BTC setting new all-time highs, ETH could be next as the … Read more
Metaplanet doubles down on bitcoin with Japanese investment firm issuing new bond series to purchase more bitcoin. Bitcoin is Metaplanet’s Favorite Asset Metaplanet, a Japanese investment firm has announced the issuance of new ordinary bonds worth $30 million (¥4.5 billion) with a specific goal to accelerate the company’s acquisition of bitcoin. This is the fourth … Read more
Ripple’s RLUSD stablecoin debuts on Uphold, offering rewards and exclusive benefits, solidifying its role in digital payments and boosting value for XRP investors. Ripple’s RLUSD Launches on Uphold—Where XRP Community Gains More Uphold, a leading Web3 financial platform, has confirmed that Ripple’s new USD-backed stablecoin, RLUSD, will be fully accessible on its platform starting Dec. … Read more
U.S. spot ETFs for bitcoin and ethereum maintained consecutive weekly inflows with $2.17 billion and $855 million each. Bitcoin and Ethereum ETFs Hit Significant Weekly Inflows Bitcoin and ethereum exchange-traded funds (ETFs) hit significant weekly numbers, as both ETFs maintained their inflow streaks. Metrics from sosovalue show that U.S. spot bitcoin ETFs had a net … Read more
The addition of 211 bitcoin has seen Semler Scientific double its bitcoin balance in Q4 alone, raising its bitcoin yield to 92.8%. Semler Makes Another Addition to Growing BTC Balance Semler Scientific has announced another purchase of 211 bitcoin for $21.5 million. According to a Dec. 16 press release, Semler purchased the additional bitcoin with … Read more
Microstrategy’s $1.5 billion bitcoin buy boosts holdings to 439,000 BTC, with its top executive predicting bitcoin’s rise to an astonishing $13 million per coin. 15,350 BTC Acquired: Microstrategy Now Holds 439,000 Coins and Dominates Crypto Finance Bitcoin’s growing prominence as a transformative financial asset took center stage as Microstrategy Inc. (Nasdaq: MSTR) detailed its latest … Read more
Microsoft, one of the largest tech companies in the world, has reinforced its interest in crypto as an asset class, proclaiming that it was one of the pioneers in accepting digital assets for its services. Microsoft Will Continue Evaluating Crypto as an Asset Class in the Future Microsoft, one of the largest companies in the … Read more
Martin Shkreli, also known as Pharma Bro, has criticized Michael Saylor for implementing a bitcoin playbook for Microstrategy, stating that it cannot end well. Shkreli revealed that he was short Microstrategy, explaining that it was both fun and “a little painful.” ‘Pharma Bro’ Martin Shkreli Blasts Michael Saylor, States It Will ‘Not End Well’ for … Read more
