On Friday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) shook things up, recording net inflows of $ 253.54 million. Meanwhile, the nine spot ethereum ETFs had a rougher day, with modest outflows totaling around $ 97,110. Friday’s Crypto ETF Action The spot bitcoin ETFs saw gains, pulling in $ 253.54 million …
Asian Currencies Hit 19-Month Low: Devere CEO Predicts Continued Weakness
Asian currencies have reached their lowest levels in over 19 months as the U.S. dollar strengthens, driven by expectations of prolonged elevated U.S. interest rates. The Bloomberg Asia Dollar Index fell by 0.1% on Thursday, marking its lowest point since November 2022. Significant declines in the Philippine peso, Indian rupee, and South Korean won are […]
Metaplanet Unveils ‘Bitcoin-First’ Strategy to Face Japan’s Economic Weakness
Metaplanet, a Tokyo-listed public company, has unveiled a “bitcoin first” strategy to combat the Japanese economy’s weakness and the yen’s devaluation. In a document shared on social media, the company stated it will adopt bitcoin as a reserve asset, taking advantage of the available possibilities for increasing its holdings. Metaplanet Announces Bitcoin First Approach, Unveils […]