October 15, 2024 at 09:40 AM GST updated: October 15, 2024 at 09:33 AM 2 mins read News Metaplanet’s stock surged over 15% after boosting its Bitcoin reserves to 855 BTC this October. Since adopting Bitcoin in April 2024, Metaplanet’s stock price has surged by over 500% this year. Metaplanet’s aggressive Bitcoin strategy targets 1,000…
October 11, 2024 at 11:45 AM GST updated: October 11, 2024 at 11:21 AM 2 mins read News Metaplanet strengthens its Bitcoin strategy by acquiring an additional 108.999 BTC, worth ¥1 billion. The company leverages favorable yen conditions to expand its cryptocurrency holdings, targeting ¥10 billion by 2024. Metaplanet’s sophisticated approach includes selling put options…
Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging its existing network, Swift aims to merge digital and traditional assets, addressing the challenges of disconnected platforms. The trials build on successful blockchain experiments, seeking…
Frederick Kempe, CEO of the Atlantic Council, highlighted two pressing concerns at the UN General Assembly: the intensifying China-Russia partnership and doubts over US leadership. Alongside former Secretary of State Condoleezza Rice, he warned of mounting global threats, comparing today’s risks to the Cold War. China’s support for Russia and Iran is escalating conflicts, demanding…
published: September 28, 2024 at 01:45 AM GST updated: September 27, 2024 at 11:27 PM September 28, 2024 at 01:45 AM GST updated: September 27, 2024 at 11:27 PM 2 mins read Market News This is more apparent now in Western Europe where traders in cryptocurrencies are experiencing some off-line risks through physical attacks. Most…
Family offices’ crypto optimism has doubled, with Asia-Pacific leading in digital asset adoption and investment interest. Clear regulations and real-world use cases drive crypto adoption, with Asia pioneering family office investments. According to Citibank’s “Global Family Office 2024 Survey,” family offices’ interest in cryptocurrency has increased from 8% in 2023 to 17% in 2024, indicating…
September 18, 2024 at 09:41 AM GST updated: September 18, 2024 at 09:07 AM 2 mins read Crypto Live News Bitget surpassed 45M users, growing 400% since 2023. Africa led with 1,614% growth, followed by South Asia at 729% and Southeast Asia at 216%. Bitget now handles $10B in daily trading volume, with a net…
September 12, 2024 at 10:30 PM GST updated: September 12, 2024 at 09:30 PM 3 mins read News CSAO leads the 2024 Global Crypto Adoption Index, with India, Indonesia, and Vietnam ranking in the top three globally. Emerging markets like Nigeria, Sub-Saharan Africa, and Latin America see increased stablecoin use and DeFi adoption. Global crypto…
September 4, 2024 at 10:18 PM GST updated: September 4, 2024 at 02:21 PM 2 mins read News Japan’s FSA plans a 2025 crypto tax overhaul, aiming to cut taxes from 55% to 20%, potentially boosting adoption. Japan’s crypto tax reform could reduce tax rates and broaden loss offsets, making the market more attractive to…
Suho.io and Chainlink partnered to develop tokenized assets and CBDC use cases in Asian markets, including Korea, Japan, and Thailand. The partnership will introduce Chainlink’s CCIP to Korean financial institutions, enhancing cross-chain interoperability. Chainlink’s Proof of Reserve will be utilized to verify prepaid settlement reserves, ensuring transparency in financial operations. Suho.io, a blockchain financial technology…
August 30, 2024 at 11:20 AM GST updated: August 30, 2024 at 11:12 AM 2 mins read News Australia now hosts more Bitcoin ATMs than Asia, ranking third globally with a rapid installation spree in 2023. Major Asian economies collectively host 355 crypto ATMs, while Australia has reached 364, highlighting a significant growth difference. Leaked…
August 24, 2024 at 05:48 PM GST 2 mins read News Hong Kong’s spot Bitcoin ETFs gained 274 bitcoins worth HK$2 billion, driven by significant inflows into the ChinaAMC Bitcoin ETF. Two ETFs managed by China and Harvest Asset Management control over 63% of Hong Kong’s Bitcoin ETF market, totaling HK$1.337 billion. Despite recent gains,…