Author: NBTC

Metaplanet has raised 10 billion yen from its 11th stock acquisition rights sale. The funds will be used to purchase more Bitcoin in line with the company’s vision of becoming a leading Bitcoin holder. Japanese publicly listed investment Metaplanet concluded its 11th stock acquisition rights sale, raising 10 billion yen, or approximately $66.2 million, from individual investors and investment companies in two months. The sale was initially announced in August and has involved about 13,774 investors, including the world’s largest asset management firm, BlackRock. Metaplanet will use the funds to buy more BTC According to official reports from the company’s…

Agora’s AUSD, a stablecoin backed by VanEck and held by State Street, now powers cross-market liquidity on the Injective blockchain. Injective (INJ) has added support for AUSD, a U.S. dollar-pegged stablecoin issued by crypto startup Agora, marking a significant step toward bridging decentralized finance with traditional finance markets. According to a press release shared with crypto.news on Friday, introducing the stablecoin to Injective is anticipated to enhance liquidity on the Injective blockchain. Eric Chen, Injective Labs’ chief executive officer and co-founder, highlighted AUSD’s unique approach, noting it “differentiates from other stablecoins in how it offers users full yield.” “This makes…

Hex Trust has announced its integration with The Open Network (TON) to mark a significant milestone in the Web3 ecosystem. Through this strategic collaboration, both FinTech firms aim to support and revolutionize decentralized finance (DeFi), custody, and staking. Hex Trust is a fully licensed digital asset custodian while The Open Network (TON) is a scalable, socially integrated blockchain. Hex Trust is one of the first custodians to offer access to the complete TON stack. It now provides custody and staking for TON, support for Jettons custody, and seamless connectivity to TON DeFi via TON Connect. This partnership underscores Hex Trust’s…

Perhaps the biggest cultural shift in my eleven years in Bitcoin has been the transition from tinkering techies emphasizing “don’t invest more than you are willing to lose”, to the Michael Saylors of this world telling everyone to sell their house, car and wife (and then go into debt) to buy more bitcoin. Whenever I listen to the macroeconomic commentators in this space (who for the most part started popping up some five or six years ago), I usually feel there is one key point they keep missing. Sure, Bitcoin is no longer just the experimental new project it was…

Shiba Inu (SHIB) has experienced an upsurge amid a crypto upswing in the last seven days. There have also been increased whale activity and innovations in the SHIB ecosystem. Amid these bullish signals, Lucie, the Shiba Inu marketing lead, has warned SHIB holders and the broader community. SHIB exec to community: Invest responsibly According to Lucie on X, Shibizens need to approach cryptocurrency investment with some caution. She emphasized that crypto assets remain high-risk investments and are usually volatile. As such, any investor deciding to put some funds in assets must invest only what they can afford to lose. “NEVER…

Recently, GT Protocol has teamed up with Units Network, the blockchain protocol providing modular solutions to enable everyone in the crypto and web3 sectors to have better access to investments. Units Network 🤝 GT ProtocolWe’re thrilled to partner with @GT_Protocol, a cutting-edge Web3 platform revolutionizing access to DeFi, CeFi, and NFT markets through its AI-powered, all-in-one conversational interface 🧠Together, we’re building a network integration to make… pic.twitter.com/2qDkMCtzuj — Units.Network (@UnitsNetwork) November 21, 2024 GT Protocol ($GTAI) is among the most often used distributed artificial intelligence products of 2024. It makes use of outstanding artificial intelligence technology and offers consumers help…

The potential for Bitcoin to reclaim above the $69,000 mark this week is crucial in confirming the robustness of the broader crypto market, according to an analyst. The bearish performance of the U.S. equity market and the strengthening of the U.S. dollar have recently wreaked havoc on the price actions of crypto assets. In particular, Bitcoin (BTC) has been down 1.28% in the past day, contributing to an overall negative trend in its seven-day performance. This has resulted in a decline across the broader crypto market, with the total valuation plunging by 1.28% to $2.31 trillion. With Bitcoin price hovering…

Ithaca Protocol has been awarded a grant from the Arbitrum Foundation. This is a significant milestone for the non-custodial, composable options protocol. Through the support from Arbitrum, Ithaca Protocol will be in a position to further develop its platform. This announcement was made through the official X account of Ithaca Protocol. We are proud to announce that @IthacaProtocol has been awarded a grant from the Arbitrum Foundation!Backed by @Arbitrum, our MEV-resistant auction engine ensures fair, efficient trading for everyone.This support will allow us to enhance your experience on our platform -… pic.twitter.com/acHrYrW6re — Ithaca Protocol (@IthacaProtocol) November 21, 2024 Ithaca…

Blackrock, the world’s largest asset manager, has acquired an additional 4,869 Bitcoins, valued at approximately $328 million. This latest purchase further cements Blackrock’s position as a major institutional investor in the digital asset space. As of the latest reports, Blackrock’s holdings amount to a staggering 391,484 Bitcoins, with a total valuation of $26.45 billion. Blackrock continues to buy $BTC this week!#Blackrock bought another 4,869 $BTC($328M) yesterday and currently holds 391,484 $BTC($26.45B).https://t.co/kqNUqHBiTn pic.twitter.com/ufeN2SXHAg — Lookonchain (@lookonchain) October 22, 2024 According to Lookonchain, the acquisition comes as Bitcoin’s market value has fluctuated, highlighting Blackrock’s strategic approach to capitalizing on price adjustments in…

SBI VC Trade, a Japanese crypto exchange firm, announces two promotional events for tokens themed after the Shiba Inu dog, including SHIB. Per an announcement today, the crypto exchange will launch two promotional events centered around Shiba Inu-themed tokens, SHIB and DOGE, to commemorate Japan’s Dog Day on November 1. 📢＜明日より #キャンペーン 実施‼️ 11/1は「犬の日」🐶柴犬モチーフの #DOGE #SHIB を対象とした【わんわんレース(購入キャンペーン)】を実施いたします✨ キャンペーン対象期間中に条件を達成された方の中から抽選で110名様に1,000円相当分のDOGEもしくはSHIBをプレゼント🎁（要申込）… pic.twitter.com/OQAX0QCww7 — SBI VC Trade (SBI VCトレード） (@sbivc_official) October 31, 2024 SBI VC Trade Promotional Events The promotional events are divided into two categories: a social media campaign (Doggie Contest) and a trading campaign (Doggie Race). Doggie Contest This promotional event will…