11/18/2024
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Metaplanet
On November 18, Metaplanet Inc. announced on its official X platform that the company will issue a total of 1.75 billion yen in bonds with an interest rate of 0.36% per annum and a maturity of one year. All funds raised will be used to buy Bitcoin.
by Darkex Reseach – 1 min read
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Bill in the US
Republican Senator Cynthia Lummis of Wyoming has unveiled a bill that proposes to create a strategic reserve of 1 million Bitcoin by selling some of the Federal Reserve’s gold holdings. According to Bloomberg, Lummis’ initiative aims to create the strategic Bitcoin stockpile planned under the leadership of President-elect Donald Trump. The bill calls for the US to purchase 1 million Bitcoins, which would account for about 5% of the total supply of Bitcoin in circulation.
by Darkex Reseach – 1 min read
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XRP Open Interest
Driven by regulatory clarity and technology updates, XRP futures market activity hit a new high, with open interest (OI) hitting a record high of more than $2 billion on Saturday, CoinDesk reported. At the same time, XRP prices have surged above $1.20 in recent days, hitting a three-year high and gaining more than 87% on the week..
by Darkex Reseach – 1 min read
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Poland’s presidential candidate pledges to adopt strategic bitcoin reserves
Polish presidential candidate Sławomir Menzen has pledged to adopt strategic bitcoin reserves if elected, according to Bitcoin Magazine.
by Darkex Reseach – 1 min read
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Weekly Crypto Fund Report: $2.2 Billion Net Investment
According to CoinShares’ weekly crypto fund report, there was a net investment inflow of $2.2 billion into crypto funds last week. Total crypto fund value under management reached an all-time high of $138 billion. During this period, $1.4 billion was invested in Bitcoin funds, while Ethereum funds broke their long stagnation and recorded an inflow of $646 million. This inflow to Ethereum funds corresponds to 5% of the total Ether funds under management.
by Darkex Reseach – 1 min read
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Elon Musk: “I Still Own Too Much Dogecoin”
On November 18, Dogecoin user interface designer DogeDesigner shared an audio recording of Elon Musk. “I still have a lot of Dogecoin and SpaceX has a lot of Bitcoin,” Musk said in this recording. This statement once again emphasized Musk’s support for cryptocurrencies.
by Darkex Reseach – 1 min read
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Two New Stablecoins from Tether for the European Market
Tether took an important step for the European market and introduced two new stablecoins, USDQ and EURQ, which are compliant with MiCA regulations. These stablecoins, which will run on the Ethereum network, will be backed by fiat currencies and will be listed on the Bitfinex and Kraken exchanges on November 21st. By partnering with Quantoz, Tether aims to gain a strong position in the European stablecoin market.
by Darkex Reseach – 1 min read
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Giant Bitcoin Purchase from MicroStrategy
MicroStrategy bought an additional 51,780 Bitcoin with proceeds from share sales between November 11 and 17, 2024. The company spent $4.6 billion on this purchase. This large investment once again demonstrated MicroStrategy’s commitment to its Bitcoin strategy.
by Darkex Reseach – 1 min read
