Global

Metaplanet, a Bitcoin investment firm, has announced a significant move to bolster its Bitcoin reserves by selling 233 Bitcoin (BTC) put options. In a statement released on October 3, the firm detailed that it earned a premium of 23.97 BTC from this transaction, highlighting a strategic approach to leverage Bitcoin’s inherent volatility.

The cryptocurrency market has recently encountered a significant setback, particularly impacting AI and big data-related tokens, which collectively lost approximately $4.69 billion in market capitalization over just three days

Aptos Labs, the developer behind the Aptos Network, has made significant strides in its expansion into the Asian market by acquiring HashPalette, a Japanese non-fungible token (NFT) service provider.

As of September, CoinGecko reports that the cryptocurrency ecosystem is significantly influenced by stablecoins, with Ethereum managing approximately $84.6 billion, representing 49.1% of the overall stablecoin supply.

Pi Network, the innovative cryptocurrency project, has taken a significant stride towards mainstream adoption with its strategic partnership with YESBANK and AnqFinance for the launch of the Pi Credit Card.

The Bank of Russia has recently addressed concerns regarding the introduction of the digital ruble, emphasizing that the new Central Bank Digital Currency (CBDC) will not lead to inflationary pressures in the economy.