Tag: Issues

Solana deletes ‘cringe’ ad criticized for being ‘tone deaf’ on gender issues

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The team behind blockchain network Solana has deleted a controversial advertisement posted on its X account after immense backlash over political messaging around gender identity. The more than two-and-a-half-minute ad for the Solana Accelerate conference posted on March 17 with the caption “America is back. Time to Accelerate” depicted a man as “America” in a therapy session who said he was having thoughts “about innovation” such as crypto. The therapist responds he should do “something more productive, like coming up with a new gender” and later says the man should…

Bitcoin To $10,000? Top Analyst Issues A Stark Warning

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. An analyst revealed on Friday that Bitcoin might suffer a 91% decline from the coin’s all-time high of $109,000 per coin in January 2025, suggesting that the most popular…

Fake ‘Investment Education’ Crypto Scams Are Exploding—Regulator Issues Dire Warning

Fake “investment education foundations” use deceptive trials and bogus loans to scam cryptocurrency investors, North Dakota regulators warn. Regulator Sounds the Alarm: Fake ‘Investment Education’ Scams Are Out of Control The North Dakota Securities Department has issued a warning about fraudulent “investment education foundations” that claim to teach investors about cryptocurrency and stocks while secretly […] Source CryptoX Portal

Texas court issues judgment against Bancor DAO after it ignored summons

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A Texas federal judge has entered a default judgment against Bancor DAO, which operated the decentralized finance platform Bancor, after it failed to respond to an online summons.  Judge Robert Pitman issued the judgment after Bancor DAO did not appear to defend itself following a summons that was posted on the DAO’s forum in January 2024. “Defendant Bancor DAO has failed to answer or otherwise defend itself within the time allowed, and that plaintiffs have demonstrated that failure,” wrote district court clerk Philip Delvin on March 13. The class action…

Is The Worst Yet To Come For XRP? Analyst Issues Dire Warning

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Este artículo también está disponible en español. While the XRP price is already down -42% since its peak at $3.40 on January 16, renowned technical trader Josh Olszewicz (@CarpeNoctom) warns that the next leg downward may be imminent. Sharing his daily chart analysis on X, Olszewicz writes, “1D XRP: H&S + bearish kumo breakout watch,” signaling that two significant technical developments could push XRP prices lower in the near future. Is XRP Poised To Crash Towards $1.24? The mention of an “H&S” refers to the Head and Shoulders pattern, a…

Metaplanet Issues $13.6 Million in Zero Percent Bonds to Buy More Bitcoin

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Tokyo-based Metaplanet Inc. has announced the issuance of its 7th series of ordinary bonds to raise $13.6 million (2 billion yen) to fund additional bitcoin purchases. The move, approved on Wednesday, Feb. 27, aligns with the company’s growing bitcoin treasury strategy. This follows Metaplanet’s recent $12.9 million purchase, expanding its holdings to 2,235 BTC. The […] Original

Metaplanet issues $13.6m in ordinary bonds to buy more Bitcoin

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Japan’s investment firm Metaplanet has issued $13.6 million in 0% ordinary bonds to fund the purchase of additional Bitcoin. Tokyo-listed firm Metaplanet is issuing 2 billion JPY (around $13.6 million) in bonds to EVO FUND, with the funds aimed at purchasing more Bitcoin (BTC) as part of the firm’s ongoing strategy to increase its holdings in digital assets. In a Feb. 27 regulatory filing, Metaplanet said the bonds carry no interest and will be redeemed at face value on Aug. 26. However, the bondholder, EVO FUND, has the option to…

China Calls on the US to Stop Weaponizing Trade Issues

Chinese Embassy to the U.S. spokesman Liu Pengyu stated that politicizing and weaponizing trade issues is against the ethos of what the U.S. seeks to champion: fair competition and free trade between China and the U.S. China Complains the US Is Using Trade Issues as a Weapon The weaponization of trade relations by the U.S. […] Source CryptoX Portal

Trump Issues Executive Order Creating Sovereign Wealth Fund—Could Bitcoin Be Included?

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U.S. President Donald Trump has issued an executive order mandating the formation of a federal sovereign wealth fund, a move unveiled during a press briefing on Monday. Trump Mandates Federal Sovereign Wealth Fund “We have tremendous potential,” Trump declared to the press, flanked by aides, as he finalized the directive—a strategic mechanism designed to centralize […] Original

Bitcoin At Risk Of Supply Shock As ETF Issues Buy More BTC Than Was Produced In December

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Este artículo también está disponible en español. The world’s largest cryptocurrency may be at risk of a supply shock as demand from United States (US) Spot Bitcoin Exchange Traded Funds (ETFs) has surged far beyond expectations. In December 2024, the volume of BTC acquired through Spot Bitcoin ETFs more than tripled the amount mined during that same month, underscoring the severe imbalance between supply and demand.  Spot Bitcoin ETFs Trigger Supply Shock Risks In December 2024, US Spot Bitcoin ETFs purchased an astonishing 51,500 BTC. On the other hand, BTC…