Day: June 9, 2025

Singaporean Exchange Leverages $4.5 Trillion Forex Volume for Brazil Expansion

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Singapore Exchange Group (SGX) has partnered with Brazil’s B3 stock exchange to launch Brazilian Real futures contracts, creating the first Forex (FX) trading corridor between Singapore and Brazil that enables round-the-clock liquidity for the South American currency. Singapore Exchange Partners with B3 to Launch Brazilian Real Futures Trading The collaboration allows SGX Group to offer BRL/USD futures during Asian trading hours when Brazilian markets remain closed, providing global investors with continuous access to hedge Brazilian Real exposure. This marks SGX Group’s first expansion into South American currency derivatives beyond its…

Metaplanet Stock Jumps 12% On Bitcoin Buy Plan

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Japanese investment company Metaplanet’s shares spiked on market opening after announcing its plan to raise $5.4 billion to buy Bitcoin last week.  Metaplanet’s stock (3350T) shot up over 12% in the June 9 trading session, trading at 1,505 yen ($10.42), according to Google Finance. However, at its peak of the trading session so far, Metaplanet’s stock reached highs of 1,641 yen ($11.36), representing a 22% increase. Metaplanet updated its Bitcoin (BTC) acquisition plans to acquire 210,000 BTC by the end of 2027 in a June 6 stock acquisition rights program…

Active Memecoin ETF could emerge 2026

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It may not be long before Americans see the first active memecoin-focused exchange-traded funds, according to a Bloomberg ETF analyst.  There is a “really good chance” that an ETF that actively trades memecoins will exist at some point, said Bloomberg ETF analyst Eric Balchunas in an X post on June 7.  “First, we’ll get a slew of active crypto ETFs,” he said, adding that an active memecoin-only fund will likely emerge in 2026. Memecoin trading has exploded this year, especially among retail traders, propelling its total market capitalization over $60…

I Mined A Real Amethyst Crystal!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, @depthsofhistory and I see how much money we can make mining gems at Diamond Hill Mine? ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Central African Republic to Launch Tokenized Land Sales on Solana

The Central African Republic (CAR) is set to launch a new platform allowing global investors to purchase tokenized land concessions using the CAR token on Solana. President Faustin-Archange Touadéra stated that these land parcels are cleared, registered, subdivided, and connected by roads, making them ready for agriculture or construction. However, these initial offerings do not […] Source CryptoX Portal

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AI Models Lack Reasoning Capability Needed For AGI

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The race to develop artificial general intelligence (AGI) still has a long way to run, according to Apple researchers who found that leading AI models still have trouble reasoning.  Recent updates to leading AI large language models (LLMs) such as OpenAI’s ChatGPT and Anthropic’s Claude have included large reasoning models (LRMs), but their fundamental capabilities, scaling properties, and limitations “remain insufficiently understood,” said the Apple researchers in a June paper called “The Illusion of Thinking.”  They noted that current evaluations primarily focus on established mathematical and coding benchmarks, “emphasizing final…

Bitcoin Price Bounces Past 105K: Is a Full-Blown Rally Back on the Cards?

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Bitcoin price started a recovery wave above the $105,000 zone. BTC is now consolidating and might attempt to clear the $106,500 resistance. Bitcoin started a recovery wave above the $105,000 zone. The price is trading above $105,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $105,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh decline if it breaks the $104,000 support zone. Bitcoin Price Restarts Increase Bitcoin price started a fresh…

Argentina Anti-Corruption Office Clears Milei Libra

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Argentine President Javier Milei didn’t breach any of his presidential duties when he promoted the Libra memecoin, the country’s Anti-Corruption Office said in a recent decision. In a June 5 resolution, the Anti-Corruption Office said Milei was acting in a personal capacity when he endorsed the Libra (LIBRA) token in a Feb. 14 X post, and therefore, Milei did not violate Argentina’s federal ethics laws for public officials. The decision is significant as Milei’s endorsement supposedly contributed to investors losing a combined $251 million, prompting members of the opposition party…