Lee Eok-won, the nominee to head South Korea’s Financial Services Commission, drew heavy criticism this week after dismissing crypto as missing any actual worth in his written testimony forward of affirmation hearings, native media reported on Sept. 1. Lee stated digital belongings don’t possess intrinsic price in the identical manner as equities or financial institution…
Metaplanet acquired 1,009 Bitcoin (BTC) for about $112 million, bringing the Japanese agency’s complete holdings to 20,000 BTC amid shareholder approval for an formidable plan so as to add $2.8 billion value of Bitcoin to its treasury by means of 2027. The Tokyo-listed firm introduced the acquisition on Sept. 1, paying a median value of…
Ethereum co-founder Joseph Lubin predicts a 100x ETH rally over time because the second-largest cryptocurrency emerges as Wall Road’s most well-liked token within the transition from TradFi to DeFi. In an August 30 X submit, the Ethereum co-founder, who can also be the founding father of OG blockchain software program firm Consensys, mentioned that ETH…
DV8 in the present day appointed Jason Fang, founding companion of Sora Ventures, as chief govt officer, outlining a shift to a company Bitcoin treasury and broader digital asset technique, the corporate mentioned. The transfer follows a months-long reshaping of DV8’s possession and stability sheet. A cross-border group that features Sora Ventures, UTXO Management, Kliff…
Sonic neighborhood members have voted in favor of a wide-ranging plan to broaden into the United States and pursue deeper ties with conventional finance, in accordance to an Aug. 31 statement. According to the community, the proposal handed comfortably after more than 860 million S tokens have been solid in help, nicely above the 700 million…
Personal aviation and luxurious cruise operators are more and more accepting crypto funds as a brand new wave of Bitcoin-fueled wealth drives demand for ultra-luxury journey. Key Takeaways: Personal jet and luxurious cruise firms are actually accepting crypto as Bitcoin wealth fuels demand. Younger crypto entrepreneurs are driving bookings, valuing velocity, flexibility, and unique experiences….
Ethereum co-founder and Consensys CEO Joseph Lubin simply gave ETH bulls one thing to chew on. In a post on X, he applauded Fundstrat’s Tom Lee on his imaginative and prescient for the way forward for finance and the increasing function of Ethereum in conventional establishments. “Sure, ETH will possible 100x from right here. Most…
Eric Trump, co-founder of American Bitcoin (ABTC) and son of U.S. President Donald Trump, reaffirmed his ultra-bullish stance on Bitcoin. Key Takeaways: Eric Trump reiterated his $1 million Bitcoin prediction, citing rising demand from governments and main establishments. His mining agency, American Bitcoin (ABTC), is about to go public through a reverse merger with Gryphon…
The controversy about Bitcoin as a way of cost versus a retailer of worth is ongoing. With costs consistently above $100k, the relentless push from ETF issuers and Bitcoin treasury companies, and the inevitable institutionalization of the house, utilizing Bitcoin for small funds appears extra alien than ever. However is Jack Dorsey proper in saying…
Bitwise Chief Funding Officer Matt Hougan mentioned Solana might quickly set new all-time highs, mirroring Bitcoin and Ethereum’s report runs earlier this 12 months. Hougan argued that SOL is ready to learn from the identical forces that propelled BTC and ETH to new highs this cycle, specifically exchange-traded fund (ETF) inflows, massive capital companies coming…