Metaplanet, a firm in Japan known as “Japan’s MicroStrategy” on Crypto Twitter, has seen its shares surge 158% over the last week. Following this, trading stock came to a stop for two consecutive days. Meanwhile, the company is now in the lead among Japanese stocks as the highest gainer. Metaplanet’s Bitcoin Strategy Pays Off Metaplanet has gained attention due to its strategy, which has been likened to MicroStrategy’s. Notably, the latter is the largest Bitcoin corporate...
Read More »SEC Approves Ethereum Spot ETFs For Public Trading
The U.S. Securities and Exchange Commission (SEC) has officially greenlighted Ether spot ETFs to trade on national securities exchanges. Multiple 19b-4 applications to list the product were approved on Thursday, just days after the SEC began rapidly engaging with issuers on the matter in an unexpected positive turn for the crypto industry. Ether ETFs Are On The Way The approval follows the arrival of Bitcoin spot ETFs in January, which launched one day after the SEC’s...
Read More »Bonk Inu (BONK) Flips Floki Inu (FLOKI) Following a 15% Daily Surge: Details
TL;DR Solana-based meme coin Bonk Inu saw a 15% daily and 45% monthly price increase. Its market capitalization is nearing $2.5 billion, surpassing Floki Inu. Pepe (PEPE) is another meme coin making the headlines, hitting a new all-time high after a 110% monthly ascent. Its market cap exceeded $6 billion, making it the third-largest in its cohort. BONK Surpasses its Rival The cryptocurrency market has been booming lately amid expectations that the US Securities and Exchange...
Read More »Solana ETFs to See More Demand Than Other Altcoin Funds: Bloomberg Analyst
Bloomberg exchange-traded fund (ETF) analyst James Seyffart believes a Solana ETF would see more demand than similar funds for other altcoins, except ether (ETH). Seyffart’s statement was in response to a video in which CNBC Fast Money trader and crypto investor Brian Kelly said Solana ETFs were next in line following the approval of Ethereum ETFs by the United States Securities and Exchange Commission (SEC). Solana ETF to See Heavy Demand The chances of the SEC approving a...
Read More »Multipool Enters Partnership with Mobilum Offering Users Fiat to DeFi On/Off Ramp
[PRESS RELEASE – Majuro, Marshall Islands, May 23rd, 2024] Multipool, a leading innovator in the blockchain and cryptocurrency industry announces a corporate partnership with Mobilum. The partnership between Multipool and Mobilum will enable users to onboard onto cryptocurrencies without involving a centralized exchange. “Centralized exchanges are on their way out, we’re thrilled to give users another option, without intrusive roadblocks to their DeFi lifestyle. This...
Read More »U.S. House Votes To Ban Central Bank Digital Currency From Federal Reserve
The United States House of Representatives voted on Thursday in favor of barring the Federal Reserve from directly issuing a Central Bank Digital Currency (CBDC) to its citizens. The CBDC Anti-Surveillance State Act bill garnered support from 213 Republicans and 3 Democrats, making the final tally 262 ‘yea’ to 192 ‘nay’. Republicans Pass Another Crypto Bill The bill, introduced by pro-crypto Rep. Tom Emmer (R-MN), marks the third crypto-focused legislation approved by...
Read More »BLVD United Signs MOU with MeDoDo Coin: Pioneering a New Era in Fan Engagement and Biotech Innovation
[PRESS RELEASE – Los Angeles CA, United States, May 23rd, 2024] In an unprecedented fusion of innovative science and advanced technology, a leading biotech company has unveiled an ambitious project to bring back the extinct Dodo Bird. Embracing the spirit of this fearless and curious bird, the company is also introducing the MeDoDo Coin. Historically, the Dodo Bird was known for its fearless and inquisitive nature, often following humans out of sheer fascination. Inspired by...
Read More »Plume Network, a RWA Layer-2, Raises $10M in Seed Funding from Haun Ventures, Galaxy Ventures, and Others
[PRESS RELEASE – San Francisco, CA, USA, May 23rd, 2024] Plume has already seen more than 80 RWA projects spanning collectibles, alternative assets, synthetics, luxury goods, real estate, DeFi and more all building on the network in testnet alone. Plume, the first modular EVM Layer-2 built to bring any real-world asset (RWA) on-chain, announces its $10M seed round led by Haun Ventures with participation from Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures,...
Read More »Sui and Mesh Combine Forces to Bring Simplified Transactions Across the Sui Ecosystem
[PRESS RELEASE – Grand Cayman, Cayman Islands, May 23rd, 2024] With the addition of the Mesh platform, Sui Wallet will achieve product parity with the world’s largest self-custody wallets, while Mesh now natively supports the SUI token Sui, the pioneering Layer 1 blockchain that offers industry-leading performance and nearly infinite horizontal scaling, and Mesh, the leading embedded finance solution for crypto, today announced the integration of Mesh’s seamless digital asset...
Read More »Mirada AI Sets Stage for Decentralized AI Revolution with Upcoming IDO
[PRESS RELEASE – Dubai, UAE, May 23rd, 2024] Mirada AI is advancing the AI landscape through its decentralized approach, aiming to address biases and censorship often linked with centralized AI systems. By integrating blockchain technology, Mirada AI offers a transparent and secure platform that enables users to leverage advanced AI tools. The MIRX Token: Fueling Innovation Central to Mirada AI’s ecosystem is the MIRX token, which facilitates access to a range of AI services....
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