Paolo Ardoino on Tether's Stablecoin Success
Paolo Ardoino discusses Tether's journey to becoming the top stablecoin and its strategic investments in various sectors.
Source: theblock.co —
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Metaplanet Raises $515M for Bitcoin Purchase
Metaplanet, a Tokyo-listed firm, raised $515 million to purchase more bitcoin, as part of its bold plan to acquire 30,000 BTC by 2025.
Source: theblock.co —
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How ETF Flows Influence Bitcoin Price Movement
ETF flows significantly influence Bitcoin's price, while treasury company activities have a minimal effect. Recent trends show a strong correlation with ETFs.
Source: theblock.co —
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Aurora Mobile to Invest 20% in Cryptocurrency
Aurora Mobile, a Nasdaq-listed company, plans to invest up to 20% of its cash reserves in cryptocurrencies to enhance asset value and embrace financial innovation.
Source: theblock.co —
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NYSE to List Truth Social Bitcoin-Ether ETF
NYSE plans to list an ETF for Truth Social, tracking bitcoin and ether prices. This initiative complements Trump Media's other crypto endeavors.
Source: theblock.co —
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Grayscale Launches Space and Time SXT Trust
Grayscale has launched a new investment trust providing exposure to the SXT token. This initiative combines blockchain technology with data infrastructure.
Source: theblock.co —
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Arizona Bill to Establish Crypto Reserve Fund
Arizona's House of Representatives has passed a bill to create a reserve fund for crypto assets seized through criminal forfeiture, pending the governor's approval.
Source: theblock.co —
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KB Kookmin Files Stablecoin Trademarks for Consortium
South Korea's KB Kookmin Bank files trademarks for stablecoin tickers as part of a consortium with other banks to boost stablecoin initiatives backed by Korean won.
Source: theblock.co —
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BIS Dismisses Stablecoins as Future Money
The Bank for International Settlements (BIS) argues that stablecoins do not meet essential criteria to serve as the backbone of the future monetary system.
Source: theblock.co —
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Coinbase Helps Seize $225M in Stolen Crypto
Coinbase played a critical role in aiding federal agents to recover $225 million in stolen cryptocurrency linked to a fraud case.
Source: theblock.co —
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DeFi Dev Corp Launches Dogwifhat Validator
DeFi Dev Corp launches a Dogwifhat validator on Solana, partnering with the community to share rewards from staking operations.
Source: theblock.co —
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Hut 8 Expands Bitcoin Credit Line to $130M
Hut 8 has expanded its credit facility with Coinbase Credit to $130 million, featuring a fixed interest rate and enhanced terms.
Source: theblock.co —
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Procap Acquires $385M in Bitcoin
Procap, Anthony Pompliano's Bitcoin treasury company, has purchased $385 million worth of Bitcoin as part of a broader strategy to hold $1 billion in BTC.
Source: theblock.co —
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The Smarter Web Company Increases Bitcoin Holdings
The Smarter Web Company boosted its bitcoin holdings to over 543 BTC, underlining its commitment to Bitcoin as part of its future strategy.
Source: theblock.co —
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Celestia Prepares for Long Term Despite Token Drop
Celestia is preparing to weather the TIA token's decline with a $100 million reserve and six-year plan. Proposed governance changes aim to stabilize the network.
Source: theblock.co —
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