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Japanese investment company Metaplanet issued $21 million in zero-interest bonds to Evo Fund, a Cayman Islands-based investment firm, just a day after announcing a separate $50 million raise, further accelerating its Bitcoin accumulation strategy.The 17th series of bonds, issued on May 29, comes wit…
Today in crypto, GameStop confirmed it has made its first Bitcoin investment, US Representative Bryan Steil told Cointelegraph he wants lawmakers to stop adding non-relevant clauses into crypto bills, and Trump Media confirmed a capital raise to buy Bitcoin after initially denying reports it was pla…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Bitcoin Pizza Day! On May 22, 2010, Laszlo Hanyecz made the first known real-world bitcoin purchase, buying two large Papa John's pizzas for 10,000 BTC — worth about $40 at the time. …
OpenAI is planning to develop AI “companion” devices that will integrate artificial intelligence capabilities with everyday life, potentially opening the door to a new high-tech innovation used alongside laptops and smartphones.In an interview with The Wall Street Journal, OpenAI CEO Sam Altman said…
Crypto.com and asset manager Canary Capital are launching a US investment fund designed to provide exposure to the Cronos blockchain’s native token, CRO, the cryptocurrency exchange said in a statement.The Canary CRO Trust will hold the Cronos token in a regulated fund wrapper, Crypto.com said, add…
Bitcoin has notched its highest-ever weekly close as crypto market momentum continues and the cryptocurrency is again nearing its all-time high.Bitcoin has closed at a weekly gain for the past six weeks in a row, and its most recent close at midnight UTC on May 18 was its highest weekly close ever …
Top Stories of The WeekBitcoin to $1M by 2028 as Hayes tells Europe to get your money outBitcoin has two strong tailwinds that will help propel it to seven digits in a few years, according to former BitMEX CEO Arthur Hayes.For Hayes, shifting capital controls worldwide and US Treasury devaluation me…
Central banks are experimenting with smart contracts to implement monetary policy in tokenized environments, signaling a growing interest in integrating blockchain technology into traditional finance (TradFi).According to a joint research study by the Federal Reserve Bank of New York’s Innovation Ce…
Key Takeaways: Dogecoin's 38% surge reflects strong market demand, with spot-buyer volumes taking charge since March. A bullish MACD crossover has traders predicting a 180% rally, with targets at $0.65 and $1.Dogecoin's price rallied in lockstep with Ethereum over the past 7 days, gaining 38% in May…
Pharmaceutical distribution company Wellgistics unveiled its strategy to integrate XRP as a real-time payment rail and treasury management asset, becoming one of the first public entities to do so. A Thursday press statement says the Florida firm plans to improve remittance speeds and reduce settlem…
Key points:Bitcoin is at its highest levels since January, and traders are eyeing key levels to watch for what’s next.After hitting $104,000, is retracing to establish support, but the fate of $100,000 is among the concerns for market participants.Current price action represents an important battl…
Coinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms.Coinbase Global will acquire Deribit for about $2.9 billion, the exchange announced on May 8.The acquisition will allow Coinbase t…