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Category : News

04 Май 2025

Japan’s Metaplanet issues $24.8 million in bonds to boost Bitcoin holdings past 5,000 BTC

The funds raised will be specifically allocated for further Bitcoin purchases. The bonds were sold in full to EVO FUND. The bonds offer investors the potential for early repayment if certain conditions are met. Tokyo-based Metaplanet is taking steps to expand its cryptocurrency portfolio by issuing ¥3.6 billion (approximately $24.8 million) in bonds to fund the acquisition of more Bitcoin (BTC). This move comes as the Japanese hotel firm’s Bitcoin holdings surpass the 5,000 BTC mark. The bonds, which carry […]

04 Май 2025

ETF speculation around Dogecoin, XRP drives spike in investor optimism

Santiment’s social data indicates a marked shift in favor of both Dogecoin and XRP. Social commentary can play a crucial role in shaping trading strategies. For XRP, the mood remains overwhelmingly bullish. Investor optimism for Dogecoin (DOGE) and XRP is rapidly growing, fueled by rising social sentiment and speculation surrounding the potential approval of exchange-traded funds (ETFs) based on these cryptocurrencies. According to recent data from Santiment, positive chatter surrounding both DOGE and XRP is intensifying, contributing to a sharp […]

04 Май 2025

Kraken Q1 revenue jumps to $472 million amid Trump-era crypto volatility

EBITDA for the quarter reached $187.4 million, a 17% increase. Trading volume rose 29% amid a 35% rally in Bitcoin prices. Launch of institutional FIX API boosted futures volumes by 250%. Kraken, one of the longest-operating cryptocurrency exchanges in the United States, reported a 19% year-on-year increase in revenue for the first quarter of 2025, reaching $472 million. The jump in trading activity followed heightened price volatility across the crypto market, largely driven by the return of Donald Trump to […]

04 Май 2025

PepeX presale raises $1.83 million as Solana memecoins rally

PepeX presale has raised over $1.83 million. Stage 6 tokens are priced at $0.0255, up from $0.02 at launch. Forecasts place PepeX at $0.30–$0.50 by 2026 if momentum continues. PepeX, a new AI-powered meme coin launchpad on the Solana blockchain, has raised over $1.83 million since its presale began on 24 March. With a capped supply of 5 billion tokens and strong emphasis on fairness and decentralisation, PepeX is positioning itself as a next-generation alternative in a rapidly evolving memecoin […]

04 Май 2025

Tether plans new US dollar stablecoin as reserves near $120 billion amid Washington lobbying

Q1 2025 audit shows excess reserves down to $5.6 billion from $7 billion. Tether’s reserves are managed by Cantor Fitzgerald, raising scrutiny over potential conflicts. Competitor World Liberty Financial, backed by the Trump family, also plans to launch a stablecoin. Tether, the world’s largest stablecoin issuer by market capitalisation, is preparing to launch a US-based stablecoin by the end of 2025 or early 2026. The move marks a shift in the company’s strategy as it aims to align itself more […]

04 Май 2025

Bitcoin dominance rises, Solana prepares a surge as CartelFi surges

Bitcoin’s dominance is undeniable with CMC’s altcoin season index substantiating the Bitcoin season at a level of 21. However, meme coins are making a comeback and investors are on the lookout for fresh projects promising hefty returns from little investments. The attention is particularly on new entrants whose foundation is more than just a viral joke.  One such meme crypto is CartelFi. It enables investors to earn passive income without compromising on the asset’s upside potential.  What’s more, even before […]