Author: RedWave Media
Metaplanet, a Japanese Bitcoin-focused company, has significantly increased its cryptocurrency portfolio in response to the recent expansion of the US market.On December 23, the company, which is listed on the Tokyo Stock Exchange and traded as MTPLF on the US OTCQX market, announced that it had acquired 619.70 BTC for 9.5 billion yen ($60.7 million). This purchase increases his total Bitcoin holdings to 1,761.98 BTC, with a current value of $169.2 million.The company's latest Bitcoin purchase follows a dual-tranche bond issue from December 17th to December 20th, in which it raised 9.5 billion yen from EVO Funds to purchase additional…
Bitwise's head of European research has been accurately bullish on Bitcoin (BTC) in recent months, but he has turned cautious after last week's 8% drop, predicting further losses in the coming weeks. I warned you.Bitcoin, the top cryptocurrency by market capitalization, fell 8.8% last week to nearly $95,000, its biggest decline since August, according to data sources TradingView and CoinDesk Indices. The losses came as the Federal Reserve signaled that it would reduce interest rate cuts next year, emphasizing that it would ban BTC holdings and not seek legal changes to do so.The so-called hawkish interest rate outlook also disrupted…
Disclosure: This is a sponsored post. Readers should do further research before taking action. Learn more >Singapore, December 23, 2024 — AelfMajor AI-powered layer 1 blockchain launched avatar intelligencean innovative no-code framework for AI agents. Built on aelf's blockchain, the framework is open sourced and makes it easy for Web3 novices and veterans to create, deploy, and consume powerful AI agents.“aevatar Intelligence represents a turning point for aelf in the integration of artificial intelligence and blockchain technology,” said Brian Liang, COO of aelf. “In developing this framework, we set a mission to eliminate complexity, unify the ecosystem, and make AI…
Bill Oxford/iStock/Getty Images Plus It may be Exhibit A of why people don't trust the government or legacy media. However, there are so many exhibits that it's hard to choose. What's the story?We often hear about “collusion,” such as the Trump-Russia collusion hoax. But here's the real collusion story from the people who fed us that hoax.A few years ago, CBS couldn't find any real negative effects from the government “shutdown” that Democrats were blaming Republicans for. What is the solution?Please join in the Democratic Party's fabrication of negative influence.This bombshell statement was also revealed by Sharyl Attkisson,…
This week was another busy week for the cryptocurrency market. Bitcoin soars above $107,000, FTX to start repaying customers in early 2025, CyberKongs receives 'concerning rhetoric' from SEC in Wells notice, US lawmakers say SEC Commissioner Caroline Crenshaw's Nomination voting canceled, and Injective and Sonic team up to build the first cross-chain AI agent hub. Bitcoin surpasses $107,000 for the first time Earlier this week, Bitcoin reached new highs, surpassing $107,000. At the same time, the defunct cryptocurrency exchange Mt.Gox moved approximately 1,620 Bitcoins to an unknown wallet. The value of Bitcoin transfers reached over $172.5 million. The Bitcoin move…
Silicon Valley venture capitalist Chamath Palihapitiya said on Friday's All In podcast that SpaceX is using stablecoins to hedge against currency risk.Currency risk refers to the risk of incurring losses due to rapid currency fluctuations. For example, if a U.S. company has customers in Brazil that pay in Brazilian reals (BRL), the company may incur losses when converting to U.S. dollars.Using stablecoins as a hedgePalihapitiya said SpaceX collects payments from all Starlink customers in “long-tail countries” and converts them into stablecoins. Starlink is wholly owned by Elon Musk's SpaceX and provides satellite internet services.Palihapitiya said the company is reconverting stablecoins…
James Oglethorpe On December 22, 1696, James Oglethorpe was born into a world between the ideals of freedom and the realities of tyranny. His life story, although largely ignored in modern memory, reveals a man dedicated to the cause of justice and individual rights. Through his work, Oglethorpe shaped the character not only of Colony Georgia but also of America itself. He was a soldier, a statesman, a reformer, but above all a man loyal to the principles of freedom. life of preparation James Edward Oglethorpe was born in Surrey, England, to Sir Theophilus and Lady Eleanor Oglethorpe, into…
AP image Migrant caravan from southern Mexico heads to the US “Civilizations die by suicide, not murder,'' said historian Arnold Toynbee. Slow suicide is also tragic. It may be obvious that a person addicted to drugs or alcohol is headed for destruction. However, he may not be able to kick his addiction just yet. And that also applies to civilization and its addiction to bad ideas and tendencies. Examples include nativism and bloody misplaced compassion, both of which threaten America's existence.Commentator Pat Buchanan pointed out that our country was founded and built by stubborn people, then asked whether we…
vm/iStock/Getty Images Plus More than half of San Jose State University's women's volleyball team is looking to transfer to another school after the school's decision to field a transgender “woman” on the team led to forfeited games and lawsuits. .The San Francisco Chronicle reported Wednesday that seven San Jose State players who are eligible to remain on the team next season have entered the NCAA transfer portal and expressed a desire to play at another school. Those players are Nayeri Tia, Mari Lawton, Eva Martin, Laurel Barsocchini, Kiyana Faupula, Jade Epps and Teya Nguyen.Between those transfers and the…
AP image Americans could avoid a government shutdown before Christmas. President Biden signed into law a continuing resolution spending bill to fund the federal government through March 14th. The Senate passed the bill by a vote of 85-11 around 12:30 a.m. Saturday.controversial billThe passing of the continuing resolution was not without controversy. The House originally rejected House Speaker Mike Johnson's (R-Louisiana) spending bill Thursday by a vote of 174-235. The bill was heavily criticized for its content and lack of spending cuts. The vote highlights how various Republican lawmakers plan to manage federal funds. Rep. Chip Roy (R-Texas),…
