This content is provided by a sponsor. PRESS RELEASE. San Francisco – 12th March 2025: Rakurai, the infrastructure project supercharging Solana staking, has closed a $3 million seed funding round led by Anagram Ventures. Other investors in this round include Paper Ventures, Colosseum, Slow Ventures, Robot Ventures and Crypto.com. P2P.org, GlobalStake and Cyber Fund also…
Despite price downfall fears around the trade price of the $PI token, crypto investors showed a high level of confidence in the Pi network crypto token project. Summary Pi network to unlock $308 million worth of $Pi tokens this month. $Pi token surged 20% in the last 24 hours. Some $Pi token lovers are expecting…
Franklin Templeton has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the Franklin Solana ETF, a new exchange-traded fund designed to track the price of the cryptocurrency Solana (SOL). Franklin Templeton Seeks SEC Approval for Solana ETF The filing, submitted on March 12, 2025, marks the latest effort by a…
Cryptoquant researchers warn bitcoin is teetering between historically undervalued levels and possibly the precipice of a prolonged bear market, with critical onchain metrics signaling heightened downside risks. Valuation Metrics Hit Cycle Lows: Is Bitcoin Primed for a Crash or a Rebound? Cryptoquant’s latest institutional insights report reveals bitcoin is navigating its most bearish phase of…
CoinEx, a global cryptocurrency platform, announced that it will be sponsoring the upcoming National Chess Federation of the Philippines (NCFP) Chess Championships, a national-level tournament. In addition to sponsoring the event, CoinEx also shared its partnership with Anichess, a free-to-play online chess game that adds a unique strategic twist by incorporating spells. CoinEx Sponsors NCFP…
On Tuesday, March 11, bitcoin ETFs experienced net outflows of $371 million, marking a full week of consecutive withdrawals. Ether ETFs also faced challenges, with $22 million in net outflows, extending their streak to five days. Market Caution Prevails With Bitcoin and Ether ETFs Seeing Continued Withdrawals Investors continued to reassess their positions in bitcoin…
Strategy announced that the company is planning to raise up to $21 billion through the sale of preferred stock. This is part of the company’s long-term plan to buy more bitcoin (BTC) and improve its position as the world’s largest corporate holder of the scarce digital asset. Strategy’s plan is to issue 8% Series A…
While Binance remains the most prominent exchange for token listings, a study by CryptoNinjas and Storible revealed that 98% of tokens listed on the exchange eventually dump, despite experiencing a strong initial price surge. The study found out that tokens listed on the largest crypto exchange by trading volume pump by 87% on average upon listing….
Japanese hotel developer and bitcoin treasury firm Metaplanet is borrowing ¥2 billion or roughly $13.5 million to buy more bitcoin (BTC). The company posted the announcement via its X account on Tuesday evening. Metaplanet currently owns 2,888 BTC and recently implemented a strategy that will see it purchase 21,000 bitcoin by 2026. The firm also…
After an auditing process for 2024, Tether Holdings Limited, the company behind the U.S. dollar-pegged stablecoin $USDT, reported a yearly net profit exceeding $13 billion and achieved all-time high records in the fourth quarter, according to the global independent accounting firm BDO. What’s the Significance? According to Tether, the audit findings reaffirm the accuracy of…
