Metaplanet Bitcoin Holdings Cross 1,000 BTC
Tokyo-based investment firm Metaplanet has achieved a significant milestone, bringing its total Bitcoin (BTC) holdings to over 1,000 BTC after a month of steady acquisitions. The latest addition on Sunday, comprising 156 BTC for $10 million, boosts its total to 1,108 BTC (roughly $69 million). Known as “Asia’s answer to MicroStrategy,” Metaplanet has adopted an […]
Saylor Offers Bitcoin Strategy to Boost Microsoft
Bitcoin bull Michael Saylor has offered his treasury reserve investment strategy to Microsoft CEO Satya Nadella in hopes of helping the tech giant achieve a trillion-dollar valuation. Following news that Microsoft shareholders are set to vote on a Bitcoin proposal, Saylor reached out with a suggestion on Twitter (X) on Friday. Microsoft’s Bitcoin Proposal and […]
Improbable Unveils Somnia Blockchain, Claims 400K TPS
Improbable, a gaming technology startup, has announced Somnia. Its own layer 1 blockchain designed to handle over 400,000 transactions per second (TPS). The EVM-compatible blockchain is set to launch in devnet in the coming weeks and aims to drive mass consumer applications across gaming, social platforms, and decentralized finance (DeFi). Cracking the Blockchain Scalability Problem […]
Ripple Files Cross-Appeal Against SEC in Landmark XRP Case
Ripple Labs has filed a cross-appeal in the U.S. Court of Appeals for the Second Circuit. Pushing back on key elements of a pivotal ruling in its ongoing legal battle with the SEC. This move, announced a week after the SEC filed its own appeal. Adds another chapter to the high-profile case, with major implications […]
Bitcoin Rebounds as Traders Eye U.S. Election
Bitcoin’s price has bounced back from a ten-day low as traders navigate a liquidity hunt following last week’s surge to near-all-time highs. The leading cryptocurrency is trading around $67,500, after dropping to $65,160 on Thursday, according to CoinGecko. This latest price action comes after Bitcoin breached $69,000 over the weekend. Just shy of its all-time […]
Bitcoin Mining Difficulty Hits All-Time High Amid Surging Hashrate
Bitcoin (BTC) mining difficulty has reached a new all-time high of 95.67 terahashes (T). Marking a 3.9% increase as of Tuesday, according to data from Glassnode. This milestone underscores the growing challenges for miners as the difficulty of mining new blocks on the Bitcoin network continues to rise. Rising Difficulty in 2024 The Bitcoin network […]
Mark Cuban Criticizes Polymarket’s Election Odds
Billionaire investor Mark Cuban has expressed skepticism over the predictive reliability of Polymarket, a decentralized prediction market platform, in forecasting the 2024 U.S. presidential election. Speaking in an interview with CNBC’s *Squawk Box*, Cuban suggested that the betting odds on the platform are not a reliable indicator of the election’s outcome, largely because of what […]
Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion
Stripe, a global fintech giant, has finalized its largest acquisition to date, purchasing stablecoin platform Bridge in a deal valued at $1.1 billion, according to a post on X by TechCrunch founder Michael Arrington. This acquisition marks a significant expansion of Stripe’s presence in the crypto payments space. Bridge, founded by entrepreneurs Sean Yu and […]
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