Japanese mobile game developer Gumi Inc. announced plans to purchase 1 billion yen ($6.58 million) in bitcoin, aiming to bolster its blockchain initiatives and capitalize on cryptocurrency market opportunities. Gumi Unveils Bitcoin Purchase Plan and Babylon Staking as Part of Web3 Expansion Strategy Gumi, a Tokyo-listed mobile game studio, disclosed the decision following a board […] Original
The Bitcoin space is buzzing again, but this time with eyebrow-raising predictions that seem almost too good to be true. Abra Global’s CEO Bill Barhydt has stepped into the spotlight with a series of ambitious forecasts that have left many in the crypto community both excited and skeptical. His vision for Bitcoin’s future price tag? A staggering $350,000. A Tale Of Two Economic Forces The basis of Barhydt’s forecasts is mostly on expected changes in American monetary policy. Reduced interest rates and possible quantitative easing are supposed to flood the…
Este artรญculo tambiรฉn estรก disponible en espaรฑol. VanEck, a global investment management firm with a nearly 70-year history and a strong reputation in the exchange-traded funds (ETF) arena, has issued a striking price target for Solana (SOL). In a post shared on X on January 6, the New York-based firm projected Solanaโs value to soar to $520 by the end of 2025. VanEck Predicts $520 By End Of 2025 For Solana VanEckโs thesis centers on Solanaโs share within the smart contract platform (SCP) market, as well as the historical correlation…
The cryptocurrency world is abuzz with Neptune Digital Assets Corp.โs recent acquisition of a substantial chunk of Dogecoin. The publicly-traded Canadian corporation has acquired a cool 1,000,000 DOGE units, apparently unconcerned by the erratic character of the meme-coin market. This is a bold move, indicating a strong conviction for the long-term viability of a cryptocurrency sometimes written off as a passing online joke. Is this, then, a wise investment or a risky gamble? Strategic Acquisition And Future Expansion Following their strategic purchase, Neptune paid an average price of $0.37 for…
Singapore-based artificial intelligence company Genius Group has boosted its crypto holdings, purchasing by an additional $2 million to 440 Bitcoin for $42 million. The Singapore-based AI and education company Genius Group now holds more Bitcoin (BTC) than its own market value. The company has increased its Bitcoin reserves to 440 BTC, adding another $2 million in purchases, it said in a Feb. 3 press release. Genius has now spent $42 million on Bitcoin at an average price of $95,519 per BTC. But with Bitcoin trading at $104,893 as of Jan.…
Nuvve, which helps EVs share power with the grid, will invest up to 30% of its extra cash in Bitcoin to diversify the companyโs treasury holdings. Nuvve, a public Californian company focused on connecting electric vehicles to the grid, said its board has approved holding Bitcoin (BTC) as a primary treasury asset. In a Jan. 28 press release, the San Diego-headquartered company revealed it would invest up to 30% of its excess cash, based on its estimated six-month operating expenses, into BTC. How much Bitcoin it actually buys will depend…
It has not been all rosy in the past week, but the digital asset market has reacted fairly well to the start of Donald Trumpโs new administration. Specifically, the Bitcoin price has been able to weather the uncertain storm clouding the cryptocurrency market overย the past few days. While the premier cryptocurrency might have slowed down in recent days, the latest on-chain observation shows that BTC is likely to continue its upward movement. Hereโs how the token price might be gearing for another leg up over the coming weeks. Is There…
Klein Funding, a newcomer to the prop trading market that launched late last year, has positioned itself uniquely by focusing on cryptocurrency instruments rather than traditional FX trading. The addition of Bybit, the world’s third-largest cryptocurrency exchange by spot volume, to their list of available trading platforms is significant news for crypto traders. “Our biggest update yet is here. Seamless trading, powerful tools, and endless opportunities with 700+ cryptos to trade await,” Klein Funding announced on social media regarding the new offering. ๐จWe are now offering Bybit !๐จ Our biggest…
The Bitcoin price appears to have finally started recovering strongly in the past few days, breaking through the $100,000 ceiling on Thursday, January 16. The premier cryptocurrency didnโt stay more than a day above this level the last time it surpassed a six-figure valuation. However, the price of Bitcoin has returned to as high as $105,000 this time around, its highest level so far in 2025. Interestingly, it appears that this might only be the beginning of an even bigger rally for the Bitcoin price over the next 12 months.…
Este artรญculo tambiรฉn estรก disponible en espaรฑol. A recent report by crypto index fund management firm Bitwise outlines varying price projections for Solana (SOL) based on its adoption and scalability improvements. According to the report, the โbull caseโ scenario could see SOLโs price soar to $6,636 by 2030. What Sets Solana Apart? Solana, currently the sixth-largest cryptocurrency by market capitalization, has experienced a volatile few years. The digital asset was heavily impacted by the FTX collapse, plummeting from its previous all-time high (ATH) of $250 in November 2021 to a…