Metaplanet, a Japanese investment firm, recently decided to take on a $6.8 million loan from one of its shareholders, MMXX Ventures, in order to increase its Bitcoin holdings. This move is part of a larger strategy to invest in Bitcoin, with $58 million already earmarked for such investments. The decision to take on this loan
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Immutable, a key player in the realm of NFTs and blockchain gaming, has recently announced the decision to close its NFT marketplace. This decision falls in line with the company’s strategy of bolstering its network by extending support to other marketplaces within its ecosystem. The shutdown of Immutable Marketplace is scheduled to take effect on
In recent news, the emergence of advocacy groups such as “Crypto for Harris” has taken the political landscape by storm. These groups are aiming to influence the upcoming presidential election by promoting cryptocurrencies and blockchain technology through fundraising initiatives and virtual town hall meetings. Notable figures such as Mark Cuban and Anthony Scaramucci have thrown
A crypto analyst known as ‘The Crypto Dog’ has recently shared a bullish outlook on Bitcoin, the world’s largest cryptocurrency. The analyst predicts that Bitcoin could experience massive rallies in the future, potentially regaining all the value lost during its recent market decline. This optimistic forecast comes after Bitcoin showed remarkable strength by quickly rebounding
Recently, BTSE made a significant announcement regarding the launch of BTSE Dex 2.0, a new and improved version of their decentralized exchange. This latest iteration brings about cross-compatibility for Ethereum Virtual Machine-based chains, opening up trading opportunities for over 50 perpetual futures on various networks such as Base, Optimism, and Arbitrum. A key aspect of
Brazil’s Securities and Exchange Commission (CVM) has recently made headlines by approving the country’s first Solana-based exchange-traded fund (ETF). This approval, which was granted on August 7, marks a significant milestone for Brazil and positions the country ahead of others in the global market. The ETF, created by QR Asset and managed by Vortx, is
The addition of options features to Bitcoin (BTC) exchange-traded funds (ETFs) in the US is a topic of growing interest. Bloomberg ETF analyst James Seyffart has indicated that these features are likely to be introduced in the fourth quarter. However, there is also a possibility that this offering could start as early as the third
After the recent crash that saw Bitcoin’s price drop below $60,000, many investors have been left wondering about the future of the pioneer cryptocurrency. CryptoQuant CEO Ki Young remains optimistic about the long-term outlook for Bitcoin, believing that the price will eventually reach a new all-time high. However, there is a catch to his bullish
XRP has recently shown a significant decoupling from the broader crypto market, showcasing impressive gains in the face of overall market struggles. The digital asset experienced a notable price surge of nearly 20% in the past day, reaching a high of $0.64 before retracing slightly to $0.61. This surge has resulted in XRP posting a
Dalmas is not your typical crypto reporter. With a background in mechanical engineering and over a decade of experience in journalism, he brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC has allowed him to craft over 10,000 news and feature articles over the past eight
