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Showing posts with the label cryptocurrency investment

Fidelity Buys $154.6M in Ethereum as Analysts Predict Move Toward New Highs Despite Outflows

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Ondo Finance Surges 20% Weekly Amid Hype and Growing DeFi Demand

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Can Ethereum Really Hit $20,000 This Cycle? Analyst Maps The Path

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SpaceX Bitcoin Holdings Reach $1B Amid BTC Surge

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SpaceX Bitcoin holdings have actually crossed the $1 billion mark right now, and this milestone comes as Bitcoin surges to a new all-time high of $124,457. The achievement shows just how successful SpaceX Bitcoin holdings strategy has been over time. The company’s 8,285 BTC is now valued at over $1.02 billion at the time of writing, which represents over 300% growth from when SpaceX first started buying Bitcoin at an average price of around $32,000 per coin. SpaceX portfolio dashboard showing $1,023,824,928.63 total value with 8.285K BTC holdings – Source: Arkham SpaceX’s $1B Bitcoin Portfolio: A Strategic Move in Crypto Investment Source: digivestasi.com Data from Arkham Intelligence actually reveals that SpaceX built up its Bitcoin holdings between December 31, 2020, and June 10, 2022. SpaceX has left the BTC portfolio untouched since then, and the company’s diamond hands approach is really paying off right now. Bitcoin’s rally from around $30,000 to its ...

Ethereum Whales Accumulate Over $4.1B In ETH In Two Weeks – Details

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Metaplanet Issues $208 Million Bonds To Buy More Bitcoin

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Metaplanet has announced that it has issued 30 billion JPY (roughly $208 million) in 0% ordinary bonds to purchase more Bitcoin (BTC). The move marks the 19th series of ordinary bonds issued by the company. The firm recently bought an additional 1,005 BTC worth around $108 million. The company currently holds a total of 13,350 BTC worth around $1.44 billion. *Metaplanet Issues 30 Billion JPY in 0% Ordinary Bonds to Purchase Additional $BTC* pic.twitter.com/tfzi17CX8Y — Metaplanet Inc. (@Metaplanet_JP) June 30, 2025 Metaplanet Goes All In On Bitcoin Source: CryptoTimes Institutions around the world seem to be hoarding BTC. BTC-based ETFs saw inflows of $2.22 billion from June 23 to June 27. The consistent purchases by institutions are a testament to the growing demand for BTC products. Also Read: Metaplanet Bitcoin Holdings Surpass Tesla After $133 Million Buy The growing Bitcoin (BTC) purchases align with the asset’s recent resurgence. BTC has reclaimed the $108,000 price le...

ChatGPT picks 2 AI cryptocurrencies to buy in July 2025

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The intersection of artificial intelligence (AI) and cryptocurrency is opening up investment opportunities for those willing to engage with both sectors.  However, like any emerging area, the large number of AI-themed digital assets makes it hard to pinpoint the most appealing options. To help with this, Finbold consulted OpenAI’s ChatGPT for its top two AI-related crypto suggestions for July 2025. Render (RNDR) ChatGPT identified Render as a standout because it provided decentralized GPU power, an increasingly important resource in the AI era. Render supports demanding tasks by enabling distributed rendering for AI model training, 3D graphics, and metaverse content.  As AI models become more complex, ChatGPT noted that Render’s decentralized approach allows developers to access a global network of GPUs. This offers both efficiency and cost savings compared to traditional providers. The project is also backed by cloud graphics leader OTOY and h...

XRP's Big Leap: ETF Approval & $423K AMM Liquidity Surge—What's Next?

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XRP ETF approval discussions have intensified as NYSE Arca files are to convert Grayscale’s XRP Trust into a spot ETF. This could be the start for a potential watershed moment for cryptocurrency investment. This development arrives alongside a remarkable XRP liquidity surge through the RLUSD/XRP AMM pool, which accumulated an amazing $423,000 in total value locked within hours from the activation. This shows the growing market confidence taking place within the current crypto market volatility. The AMMClawback amendment is now live on the mainnet: https://t.co/GUKD32LdL9 https://t.co/57738PlM98 pic.twitter.com/HKrUhJb2MP — XRPScan (@xrpscan) January 30, 2025 Also Read: Dogecoin Weekend Price Prediction: DOGE Eyes $0.36 In A Fresh New Ascent Unpacking XRP’s ETF Move and $423K AMM Pool Growth Amid Market Volatility Source: Watcher Guru NYSE Arca’s Bold Move for XRP Trust Conversion Woohoo!! https://t.co/2MWqrotXtQ — David "JoelKatz" Schwartz (@JoelKatz) January 30, 2025...