Metaplanet, a publicly listed Japanese company, has announced plans to raise up to ¥10.08 billion ($70 million) through a gratis allotment of stock acquisition rights to existing shareholders. The majority of funds raised will be used to purchase additional Bitcoin.…
Category: Crypto Flash News
Opportunities For Bitcoin Remittance in West Africa
Africa stands at the cusp of a financial revolution as Ecowas region financial ministers and central bank governors advanced plans to launch the single currency initiative, known as the ECO. The Economic Community of West African States (ECOWAS) promises to…
Trump and the Future of Bitcoin
If you weren’t there in person, it would be hard to accurately describe how long and winding the line was to see Donald Trump speak at the Bitcoin conference. The wait to even pass through security and find a seat…
Bitcoin Fear and Greed Index Hits Near Extreme Fear: A Buying Opportunity?
The latest data from Bitcoin Magazine Pro’s Fear and Greed Index reveals that Bitcoin sentiment has dropped to a near “extreme fear” level, scoring 26 out of 100. Historically, such a low score suggests a potential buying opportunity for savvy…
Europe’s Fourth Largest Investment Manager Discloses $500M in Spot Bitcoin ETFs Amid Market Volatility
Capula Management, Europe’s fourth-largest investment manager, has disclosed holdings of nearly $500 million in spot Bitcoin ETFs, as per an SEC filing today. JUST IN: Capula Management, Europe’s fourth largest investment manager, discloses it owns $500 million in spot #Bitcoin…
Bitcoin Mining Was Never Banned In China
An extraordinary reveal: Mining was never banned in China. Yes, you read that right. In fact, not only was it not banned, but Chinese miners are leading the world in innovative uses of Bitcoin mining. But what of this Reuters…
Global Liquidity Hits All Time High, Bitcoin To Follow?
According to data from Bitcoin Magazine Pro, the global money supply, also known as global liquidity, has hit an all-time high of $95 trillion; Bitcoin investors and analysts closely watch this key indicator, as higher liquidity has historically preceded major…
Google, Robinhood Veteran Aims To Bring Bitcoin Multsig To The Masses With Theya
Company Name: Theya Founders: Sriram Bhargav Karnati, Smeet Bhatt and Vikas Choudhary Date Founded: December 2022 Location of Headquarters: San Francisco, CA Amount of Bitcoin Held in Treasury: “It’s significant.” Number of Employees: 7 Website: https://www.theya.us/ Public or Private? Private…
Retail Investors Can Now Invest in Bitcoin Startups with Thunder Funder
Lightning Ventures, a VC firm in the Bitcoin space, launched Thunder Funder, a Regulation Crowdfunding (Reg CF) portal, at the Bitcoin 2024 conference last week. The platform aims to democratize early-stage investing in Bitcoin and open-source startups by allowing both accredited…
The Key to FROST: What is Distributed Key Generation?
Multisig is a familiar concept for most in Bitcoin: a multisig transaction requires approval from multiple parties before it can be executed. We distinguish between “n-of-n” multi-signatures, where the number of involved parties is n, and they all need to…