Tag: Crypto

Ether (ETH) is edging closer to its all-time high amid a wave of bullish signals, with traders forecasting the cryptocurrency could climb to as much as $13,000 in the coming months. Strong inflows into spot Ethereum exchange-traded funds (ETFs), increased institutional accumulation, and a surge in network activity are fuelling optimism for a sustained rally.…

Two publicly listed companies, Japan’s Metaplanet and the United Kingdom’s The Smarter Web Company, have significantly expanded their Bitcoin treasuries with combined purchases worth almost $100 million, further cementing their positions among the world’s largest corporate holders of the cryptocurrency. Metaplanet’s Strategic Expansion On Tuesday, Tokyo-listed Metaplanet revealed it had acquired 518 Bitcoin for approximately…

Tether and Rumble have jointly proposed to acquire all outstanding shares of Northern Data, an artificial intelligence and high-performance computing (HPC) infrastructure provider, in a deal worth approximately $1.17 billion. The acquisition would make Tether the largest shareholder in Rumble, further cementing the two companies’ collaboration in AI and digital infrastructure. Proposed Acquisition StructureUnder the…

Standard Chartered’s Hong Kong subsidiary has teamed up with Web3 firm Animoca Brands to launch a new stablecoin initiative. The two companies have formed a joint venture, Anchorpoint Financial Limited, to develop a licensed Hong Kong dollar-backed stablecoin. This move places them at the forefront of a growing race to shape the future of digital…

Build on Bitcoin (BOB), a Layer 2 blockchain network, has raised $21 million in strategic funding to expand its efforts in unlocking native Bitcoin DeFi. The latest round brought in $9.5 million and included participation from existing backers like Castle Island and new investors such as Anchorage, Amber Group and Sats Ventures. The platform aims…