Crypto News

Exciting Bitcoin News: Tokyo-Listed Firm Boosts Holdings In a recent announcement that’s making waves in the cryptocurrency world, a Tokyo-listed firm revealed it has acquired an additional 150 Bitcoins (BTC). This purchase brings their total stash to a impressive 3,200 BTC! A Giant Leap Forward This latest move by the firm underscores the growing acceptance…

Swiss Bank Zuger Kantonalbank Expands Cryptocurrency Offerings with Cardano (ADA) and Avalanche (AVAX) Swiss banking is taking a significant leap into the digital asset realm as Zuger Kantonalbank, a leading financial institution in Switzerland, announces its collaboration with Sygnum, a crypto-focused bank, to add Cardano (ADA) and Avalanche (AVAX) to its digital asset portfolio. This…

Ethereum Foundation’s New Focus: Founder-Driven Growth and Capital Formation The Ethereum Foundation, the non-profit organization that supports the development of the Ethereum blockchain platform, is reportedly shifting its focus towards founder-driven growth and capital formation. This change comes in response to criticism from both investors and builders in the Ethereum ecosystem. Background Ethereum, the second-largest…

The Dramatic Rise of MAVIA Token: A Charming Tale of Cryptocurrency In the enchanting world of cryptocurrencies, where digital coins and tokens dance in the ever-changing market tides, one tiny token has recently stolen the limelight. The Heroes of Mavia (MAVIA) token, a name that was once whispered in hushed tones among the most dedicated…

Standard Chartered Slashes Ethereum Price Forecast for 2025: What Does It Mean for You and the World? In a recent turn of events, Standard Chartered, a renowned global bank, has revised its Ethereum (ETH) price forecast for 2025, bringing it down by a significant 60%. This means that instead of reaching the previously predicted $10,000…

Metaplanet Inc.: A Bitcoin-Rich Mid-Cap Company Metaplanet Inc., a Tokyo-based company with a market capitalization of approximately ¥175 billion (around $1.6 billion), has recently bolstered its financial position by acquiring an additional 150 Bitcoins. This strategic move comes amidst the ongoing market correction, further solidifying Metaplanet’s commitment to Bitcoin. Metaplanet’s Bitcoin Treasury Metaplanet’s Bitcoin treasury…

South Korea’s Central Bank Declines to Add Bitcoin to Its Foreign Exchange Reserves In a recent response to a query from Rep. Kim Gi-hyeon, the South Korean central bank, Bank of Korea (BOK), announced that it has no plans to add bitcoin to its foreign exchange reserves. The bank’s reasoning behind this decision was based…

Crypto ETPs: A Week of Significant Outflows Last week, the crypto market experienced another round of turbulence, with Crypto Exchange-Traded Products (ETPs) witnessing a notable withdrawal of $1.7 billion. This is the fifth consecutive week of negative flows for these investment vehicles, signaling a growing trend of investors pulling their funds out of the crypto…