Financial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fiscal deficit. With the dollar down 5% since June, UBS recommends strategies like currency hedging and diversifying into other currencies and assets like […]
Microstrategy has acquired 18,300 additional bitcoins for $ 1.11 billion, funded through stock sales. As of Sept. 12, the company holds 244,800 BTC, purchased at a total cost of $ 9.45 billion. Executive chairman Michael Saylor announced a BTC yield of 17.0% year-to-date. This acquisition was made through a prior sales agreement enabling …
Metaplanet, a publicly listed Japanese company, has significantly boosted its Bitcoin holdings with a recent acquisition of 38.6 bitcoin for $ 2.2 million (¥300 million). This purchase increases their total bitcoin assets to 398.8 BTC, valued at around $ 27.6 million (¥3.75 billion). The company’s strategy, similar to that of Microstrategy, involves using …
Oasys, a Web3 gaming-oriented blockchain project, announced a strategic partnership with SBI Holdings, one of the largest financial conglomerates in Japan. As part of this partnership, Oasys secured an undisclosed amount of funding to grow the liquidity of its token and expand the Oasys ecosystem. Yoshitaka Kitao, President and CEO of SBI Holdings, stated that […]
Based on the latest data, liquid staking platforms have experienced another uptick in deposited ether over the past week. Within this timeframe, 110,000 ether, valued at $ 292 million, has flowed into these decentralized finance (defi) protocols. Binance’s Big Move: 88% of 110,000 ETH Inflow Flowed Into Staked Ether Protocol Liquid staking protocols continue …