Bitcoin Boosts with Metaplanet’s $255M Investment
@Metaplanet raises $255M through a private placement, aiming to acquire 210,000 BTC. Current holdings at 35,102 BTC. Stock value up nearly 5%. #Update #Crypto $BTC
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@Metaplanet raises $255M through a private placement, aiming to acquire 210,000 BTC. Current holdings at 35,102 BTC. Stock value up nearly 5%. #Update #Crypto $BTC
T. Rowe Price has filed to manage a new ETF including $BTC, $ETH, $DOGE, and $SHIB, aiming for active exposure to digital assets with Anchorage Digital Bank as custodian. #Update #Crypto $BTC
Hedge fund traders are increasing hedging amid geopolitical uncertainty, particularly in Asia, with a focus on semiconductors over software. $MATIC is among the assets being closely monitored. #Update #Crypto $MATIC
Bitcoin hits $74.5K, driven by $2.8B institutional inflows into spot ETFs, despite Fear and Greed Index at 23; BlackRock’s IBIT leads with $307M in a day. #Update #Crypto $BTC
Alto Neuroscience secures $120M to advance ALTO-207 for treatment-resistant depression, with Phase 2b and 3 trials planned. Stock rises 7% premarket. #Update #Biotech
The Ethereum Foundation sold 5,000 $ETH to BitMine Immersion Technologies for $10.2M, highlighting increased institutional accumulation. #Breaking #Crypto $ETH
Nvidia invests $2 billion in AI cloud builder Nebius, boosting its AI capabilities with significant infrastructure expansion. #Update #Tech
Metaplanet Inc. announces a Letter of Intent to invest $2.5M in JPYC Inc. to enhance Japan’s digital settlement infrastructure. #Update #Finance
Bitcoin analyst Jelle warns of more bear market pain, citing historical declines deeper than the current 44% from $126,080 ATH. #Update #Crypto $BTC
Alkimi uses Sui’s blockchain to enhance transparency in online advertising, reducing fraud and intermediary costs for brands like Coca-Cola and Dell. #Update #AdTech
Bitcoin exchange-traded funds (ETFs) see $180M inflows over five days, while Ether and Solana ETFs gain; XRP ETFs remain inactive. #Update #Crypto $BTC
Grayscale Investments launches its Grayscale Avalanche Staking ETF (GAVA) on Nasdaq, offering exposure to $AVAX and staking rewards. #Update #Crypto $AVAX
Over $235 million was raised by 12 projects in the crypto space, including @KAST with $80M for payment platform expansion and @OmniPact with $50M for P2P protocols. #Update #Crypto $KAS
Ark Labs, backed by Tim Draper, raises $5.2M from Tether and others to enhance Bitcoin infrastructure with Arkade platform. #Update #Crypto $BTC