Vaibhavv Ali
Cardano (ADA) price tumbled below $1 on Thursday, succumbing to a broader market sell-off triggered by the US Federal Reserve’s latest policy statement. While the Fed delivered a 25-basis-point interest rate cut as expected, its hint of fewer rate cuts in 2025 spooked investors, pushing Cardano and other cryptocurrencies lower. ADA Underperforms Rivals Cardano’s 25% … Read more
Hut 8, a major North American Bitcoin (BTC) mining company, has further expanded its Bitcoin reserves with a $100 million acquisition. This latest purchase brings the company’s total BTC holdings to over 10,096, valued at more than $1 billion at current market prices. The Miami-headquartered company, undeterred by recent BTC price surges, acquired approximately … Read more
Dogecoin (DOGE) experienced a significant 12.4% decline in the past 24 hours, mirroring a broader market downturn triggered by the Federal Reserve’s latest economic projections. The meme coin’s price plummeted to $0.31, accompanied by a 67% surge in trading volume to $10.25 billion, as investors repositioned their holdings. This sharp drop marks a 35% decline … Read more
Tokyo, Japan – Japanese investment firm Metaplanet Inc. has significantly boosted its bitcoin holdings with the successful issuance of two tranches of bonds this week, raising a total of 9.5 billion yen ($60.6 million). The company announced today that it issued 5 billion yen ($31.9 million) as its fifth ordinary bond, following a previous issuance … Read more
MetaMask, a leading self-custodial wallet provider, has announced a limited pilot program for its debit card in the United States. While the card is currently available only to a select group of users, it signifies a significant step towards bridging the gap between crypto and traditional finance. The MetaMask card allows users to directly spend … Read more
The government of El Salvador has reached a tentative agreement with the International Monetary Fund (IMF) that will reduce the government’s involvement in Bitcoin-related initiatives. Under the terms of the agreement, merchants will no longer be mandated to accept Bitcoin, instead allowing for voluntary adoption. Despite this shift, the government remains committed to its Bitcoin … Read more
Grayscale Investments has launched the Grayscale SUI Trust, providing qualified investors with exposure to SUI through a securities vehicle. As of December 18, the trust reported a net asset value of $65.52 per share, with assets under management totaling $12.88 million. This new fund marks a significant step in Grayscale’s ongoing efforts to expand … Read more
World Liberty, the cryptocurrency initiative linked to the Trump family, has made a significant move to strengthen its Ethereum (ETH) holdings with a recent purchase worth $2.5 million. According to data from Arkham Intelligence, the project acquired 722.213 ETH through Cow Protocol on December 20, 2024, at 6:54 UTC+8. This latest acquisition brings World Liberty’s … Read more
In a landmark decision, the Securities and Exchange Commission (SEC) has approved the first-ever ETFs combining both Bitcoin and Ethereum. The Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF offer investors a unique opportunity to gain exposure to the two largest cryptocurrencies within a single investment vehicle. A Diversified Approach … Read more
[Singapore, 2024] – The much-anticipated VC Founders Summit is set to take place on September 21st, bringing together venture capitalists, industry leaders, and innovators to shape the future of investment and entrepreneurship. As a dynamic side event of the renowned Token2049 conference, and coinciding with the excitement of Singapore Formula One Week, this summit promises to be a … Read more