Tag: Million

Staked ETH surpasses 23 million in June — Nansen

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The volume of Ether staked keeps reaching new heights since the Shapella upgrade in April, crossing 23 million Ether locked in June.  According to data from analytics firm Nansen, a total of 23.3 million Ether (ETH) was staked as of June 27, amounting to $43.1 billion at the time of writing and representing nearly 20% of the current $220 billion supply of ETH. In comparison, Solana (SOL) currently has a staking ratio of 70.58%. ETH deposits, withdrawals and total locked. Source: Nansen In the Ethereum blockchain network, staking refers to the process of…

Bitpanda Pro Morphs to One Trading after Closing Series A Funding Round with €30 Million

One Trading intends to launch USD trading pairs, launch derivatives offerings, and announce new crypto listings including Bitcoin and Ethereum. After operating as one entity since 2019, Bitpanda and Bitpanda Pro have separated with the latter rebranding to One Trading following the successful closure of a Series A funding round with €30 million. According to the announcement, Bitpanda will retain a small stake in the new entity but will continue to operate independently in its future growth prospects. Notably, the funding round that enabled the separation was led by Peter…

Michael Saylor’s MicroStrategy Spends $347 Million Buying 12,333 Bitcoin

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Summary: MicroStrategy added to its massive Bitcoin coffers with a $347 million purchase. The company bought an additional 12,333 BTC at an average price of $28,136 per coin, Founder and Chairman Michael Saylor shared. MicroStrategy now owns 152,333 Bitcoins worth approximately $4.6 billion, further solidifying the company as the largest corporate holder of BTC. MicroStrategy added to its BTC holdings after spending $347 million in cash buying 12,333 Bitcoins between April 29 and June 27, a filing with the U.S Securities and Exchange Commission shared on Wednesday showed. The company…

Bitcoin cash gaining traction, DigiToads presale raises over $5.7 million

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The world of cryptocurrency is constantly evolving, with new trends emerging regularly. Bitcoin, a decentralized digital currency, has gained significant global investment. However, Bitcoin Cash has also made a name for itself as a convenient and affordable medium of exchange. Its supporters strive to make it user-friendly. Bitcoin Cash was created through a hard fork of Bitcoin, meaning they share a common code base and transaction history. With increasing adoption and better scalability, Bitcoin Cash is…

CITD to Issue HK$100 Million Bonds Utilizing Blockchain

China Information Technology Development Limited (CITD) (HKEX: 8178), a leading technology company specializing in AI and cloud technologies, has announced its plan to issue HK$100 million worth of Bonds using distributed ledger technology (DLT). The proposed issuance aims to revolutionize the bond market by leveraging blockchain and smart contract technologies. The Bonds, with a maturity date set for June 27, 2053, will be documented using the Digital Ownership Token (DOT) standard and implemented through a binding Ricardian Contract. By incorporating all bond documents and smart contract codes into the Bond…

Berkshire Hathaway Sells 2.53 Million of China’s BYD Shares

Berkshire Hathaway purchased 225 million of the EV maker’s shares for $230 million in 2008. American multinational conglomerate Berkshire Hathaway (NYSE: BRK.B) sold 2.52 million shares of Chinese EV maker BYD listed in Hong Kong on the 19th of June. A stock exchange filing revealed that the investment company sold the shares for HKUS$ 675.80 million, equaling $86.3 million. Berkshire Cuts China’s BYD Shares Holdings Following the sale of the BYD share, Berkshire Hathaway’s holdings in the Chinese company’s issued H-shares reduced from 9.21 % to 8.98%. Notably, Berkshire Hathaway…

Bitcoin surges above $30,000, DigiToads presale hits $5.7 million

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The crypto industry in Europe is currently facing various regulatory and geopolitical challenges. Despite these obstacles, cryptocurrencies such as bitcoin (BTC) and digitoads (TOADS) have been making notable progress and achieving new milestones in the crypto market. DigiToads is a crypto project integrating play-to-earn (P2E) gaming and stake-to-earn mechanisms into its ecosystem. Bitcoin continues to attract investors with its pioneering status in crypto. Meanwhile, DigiToads has been garnering attention from crypto enthusiasts and analysts worldwide due…

Over 25.5 million ethereum staked, more ETH holders withdrawing from exchanges

Ethereum (ETH) prices are roughly 18% from June 2023 lows at the back of increasing ETH staking and massive withdrawals from centralized cryptocurrency exchanges like Binance and Coinbase.  As of June 25, ETH is changing hands at $1,912, steady in the past two days but trading within a bullish formation following sharp gains this week.  Further buoyed by fundamental factors, traders are confident that there could be more price gains above immediate liquidation levels, including April 2023 highs at $2,100. More ethereum staked According to Etherscan data, there have been over…

SIMPSON, TOADS rallying, DigiToads raise over $5.6 million

The cryptocurrency market experiences frequent significant events that impact its stability. Recently, there has been increased interest and activity surrounding cryptocurrencies such as digitoads (TOADS) and homer simpson (SIMPSON), leading to substantial price surges. Homer Simpson Coin, known as SIMPSON, is a cryptocurrency that uses blockchain technology and social media to establish itself as a charitable giving, education, and information-sharing platform. Its mission centers around utilizing the potential of cryptocurrencies to contribute to social causes. On the other hand, DigiToads (TOADS) is a meme coin project that can grow. TOADS…

K5 Global Sued to Court by FTX, May Pay $700 Million

The suit was filed at the United States Bankruptcy Court for the District of Delaware. Bankrupt FTX exchange has filed a lawsuit against K5 Global – an investment firm owned by a former aide to Hillary Clinton. According to a Reuters report, the suit was filed at the United States Bankruptcy Court for the District of Delaware. It contains 16 counts against the defendants and seeks to recover about $700 million from them. According to the filing, the defendants include K5 Global, Mount Olympus Capital, SGN Albany Capital, their affiliates,…