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Japanese investment firm Metaplanet increased its Bitcoin holdings to more than $400 million after its latest purchase.Metaplanet acquired 330 Bitcoin for $28.2 million at an average price of $85,605 per BTC, bringing its total holdings to 4,855 Bitcoin worth $414 million, according to an April 21 …
Bitcoin holders are celebrating one year since the 2024 Bitcoin halving by praising BTC’s resilience amid a global trade war and suggesting an accelerated market cycle due to a growing institutional presence.The 2024 Bitcoin halving reduced block rewards from 6.25 Bitcoin (BTC) to 3.125 BTC, slashin…
Today in crypto, Spar shoppers in Zug, Switzerland, can now pay for their groceries in Bitcoin via the Lightning Network, as over 1,000 Swiss businesses have implemented Bitcoin payments, a report from TRM Labs has revealed an uptick in decentralized finance (DeFi) usage in Yemen amid US sanctions t…
Global grocery giant Spar has rolled out Bitcoin-based payments in a Swiss city, marking another step in the growing adoption of cryptocurrency for everyday transactions.A Spar supermarket in Zug, Switzerland, has implemented Bitcoin payments via the Lightning Network.The store’s Bitcoin payments w…
Crypto markets have been fairly stable amid wider market panic caused by US President Donald Trump’s “on-again, off-again” sweeping global tariffs, according to a New York Digital Investment Group (NYDIG) analyst.“Despite the carnage in traditional financial markets, the crypto markets have been rel…
Tron founder Justin Sun says he’s unaware of the recent rumors surrounding former Binance CEO Changpeng “CZ” Zhao following reports alleging that Zhao provided evidence against him as part of his plea deal with the US Department of Justice (DOJ).“I’m not aware of the circulating rumors. CZ is both m…
Cryptocurrency volumes on institutional trading desks extended upward momentum seen in the final quarter of 2024, catapulted by market enthusiasm from a regulatory shift in the U.S. and growing confidence in stablecoins, per a Q1 report from Finery Markets.The study, based on analysis from two milli…
US Securities and Exchange Commission (SEC) Commissioner and vocal crypto critic Caroline Crenshaw has accused the US regulator of downplaying risks and misrepresenting the US stablecoin market in its newly published guidelines.However, many in the crypto industry see the new SEC guidelines — which …
With the stablecoin market heating up and lawmakers in Washington D.C. seeking regulatory clarity, Ripple is eyeing added adoption for its RLUSD token.The company said on Wednesday that besides launching its RLUSD stablecoin on the cryptocurrency exchange Kraken, it has also begun integrating the US…
Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have signed an agreement to explore a framework for comme…
The online store of a Singapore-based subsidiary of Japanese tech behemoth Sony is now accepting USDC payments through Crypto.com.According to an April 2 announcement, Sony Electronics Singapore now accepts USDC (USDC) stablecoin payments through an integration with the Crypto.com exchange. Crypto.c…
In a filing with the SEC on April 1, the video game retailer reported that it had completed a private offering of $1.5 billion in Convertible Senior Notes due 2030, including the full exercise of the initial purchaser’s option for an additional $200 million.The filing specifically mentioned Bitcoin …