Bitcoin ETFs Record Heavy Outflows, Lose $371 million

Metaplanet Increases Bitcoin Holdings by 162 BTC, Totaling 3,050 BTC

Metaplanet Inc., a publicly traded investment firm, has announced the acquisition of an additional 162 bitcoin (BTC) for approximately $13.5 million, at an average price of $83,123 per BTC. Notably, this purchase brings the company’s total bitcoin holdings to 3,050 BTC, valued at around $253.7 million. The firm disclosed its latest purchase in an official…

March 12, 20250Comments

ByDaniel Nwokolo

Job Openings Rise in January Despite Looming Federal Layoffs

U.S. job openings rose to 7.74 million in January, signaling strong labor demand despite federal layoffs under DOGE. Unemployment rate increases to 4.1%.

Bitwise Launches OWNB ETF to Track Corporate Bitcoin Holdings

Bitwise launches the OWNB ETF, tracking companies holding Bitcoin on their balance sheets, providing exposure without direct Bitcoin investment.

Franklin Templeton Files S-1 for XRP ETF, Pushing Institutional Adoption Forward

Popular global investment firm, Franklin Templeton has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for the Franklin XRP ETF, a trust-based exchange-traded fund (ETF) that will offer investors exposure to XRP. If approved, the ETF will be listed on the Cboe BZX Exchange, making XRP more accessible to…

ByDaniel Nwokolo

Coinbase Receives Regulatory Approval to Resume Operations in India

Coinbase gains approval from India’s FIU to resume operations, with plans to launch crypto trading and investment products for Indian users.

Crypto Investors Turn to Off-Exchange Deals to Cash In on Locked Tokens

Crypto investors turn to off-exchange trades and market makers to liquidate locked tokens and hedge against price fluctuations in 2024.

Sogni AI Secures $2 Million to Fuel Decentralized Creative Platform

Sogni AI secures $2M to develop Supernet, a decentralized GPU network that accelerates AI-driven content creation for professionals.

Bitcoin Magazine CEO Proposes the US Fund the “ Gold Card “ Program with Bitcoin.

Bitcoin Magazine CEO David Bailey proposed to the Trump administration that the US Gold card payments should only be made in Bitcoin. The Crypto publisher believes that high-net-worth individuals who might want to take advantage of the program will have trouble moving $5 million from their countries through Fiat. Hence, Bitcoin is the perfect means…

ByMichael Ndu-okeke

Mythos Chain Staking Goes Live with High Yields and Deflationary Model

Staking is now live on Mythos Chain, marking a significant milestone for the Web3 gaming ecosystem. Built on Polkadot’s Delegated Proof of Stake (DPoS) system, the new staking mechanism offers early participants annual percentage yields (APY) of up to 300%. Notably, the Mythos Foundation has allocated 50 million MYTH tokens to be distributed over the…