If it could buy the Bitcoin today, Metaplanet’s total Bitcoin holdings would be 241 Bitcoin, worth around $15 million. Source: https://cointelegraph.com/news/metaplanet-billion-yen-bond-sale-buy-bitcoin
Month: June 2024
Bitcoin falls below 63K after BTC whale transactions drop 42%
Bitcoin transactions worth $100,000 or above have significantly fallen over the past two days. Meanwhile, Bitcoin has just retraced below $63,000. Source: https://cointelegraph.com/news/bitcoin-price-critical-support-level-whale-transactions-btc
AI Depin Project Grass to Implement Rewards Distribution Using Solana
Grass, an artificial intelligence Depin project, has announced the inclusion of Solana wallets as part of its ongoing rewards distribution process. Grass stated that this new addition will allow them to track the origin of each piece of scraped data and reward the node providing this info according to its relative value. AI Depin Project […] Source: https://news.bitcoin.com/ai-depin-project-grass-to-implement-rewards-distribution-using-solana/
Ethereum could fall 30% after spot ETH ETFs launch — Crypto VC
Mechanism Capital’s Andrew Kang believes an Ether ETF would provide limited upside for the asset unless Ethereum “develops a compelling pathway to improve its economics.” Source: https://cointelegraph.com/news/ether-price-could-fall-after-ethereum-etfs-launch
LBank Exchange Will List DED (DED) on June 24, 2024
PRESS RELEASE. Road Town, BVI, June 24, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of DED (DED) on June 24, 2024. Users of LBank Exchange can brace themselves for the DED/USDT trading pair, which will go live […] Source: https://news.bitcoin.com/lbank-exchange-will-list-ded-ded-on-june-24-2024/
Latam Insights: Salvadoran Government Introduces Bitcoin Banking Bill, Bitcoin to Compete With Other Currencies in Argentina
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Salvadoran government pushes a bitcoin banking bill, president Milei states bitcoin will compete with other currencies in Argentina, and the Wasabi Wallet lead dev declares that bitcoin developers “have failed” El Salvador. […] Source: https://news.bitcoin.com/latam-insights-salvadoran-government-introduces-bitcoin-banking-bill-bitcoin-to-compete-with-other-currencies-in-argentina/
Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’
The Bitcoin developer says Brollups can support more than 90% of decentralized finance use cases, from NFT sales to token orders on DEXs. Source: https://cointelegraph.com/news/bitcoin-lightning-hacker-launches-layer-2-brollups
Asset tokenization to reach $2T by 2030 despite ‘cold start’ — McKinsey
Tokenized financial assets have seen a slow start, and broad adoption is “far away,” but McKinsey analysts predicts some to take off faster than others. Source: https://cointelegraph.com/news/asset-tokenization-rwa-2-trillion-2030-mckinsey
Dogwifhat falls out of top 50, tumbles 38% over past 7 days
Dogwifhat saw the steepest 7-day price decline among the top 100 cryptocurrencies by market cap but remains in fourth place among memecoins. Source: https://cointelegraph.com/news/dogwifhat-wif-cryptocurrency-memecoin-market-cap
Pantera Capital Calls Solana the ‘Mac OS of Blockchains,’ Highlights Architecture Benefits and Growing Adoption
Pantera Capital, an institutional asset manager focused on blockchain technology, has called Solana the “Mac OS of blockchains” in its latest blockchain letter. The firm details that the rise of Solana over Ethereum is reminiscent of what Microsoft experienced when Apple entered the market, highlighting Solana’s growing retail adoption and architectural advantages. Pantera Capital States […] Source: https://news.bitcoin.com/pantera-capital-calls-solana-the-mac-os-of-blockchains-highlights-architecture-benefits-and-growing-adoption/