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Pakinomist – Institutional adoption of (BTC) continues to accelerate, with Treasuries now collectively holding 3,000,000 BTC worth $317 billion. This represents 14% of the total supply that will ever exist, reveals self-proclaimed Bitcoin historian Pete Rizzo. MicroStrategy remains the single largest company holder, having recently acquired an additional 11,000 BTC for $1.1 billion at an […]

Wingbits, a decentralized physical infrastructure (DePIN) startup focused on the aerospace industry, has raised $5.6 million in funding. DePIN, the model of using hardware secured by a decentralized network, could be seen as a blockchain equivalent to the cloud computing services offered by Big Tech giants such as Amazon and Google. The investment round, which

Pakinomist — David Einhorn of Greenlight Capital recently discussed the current state of the cryptocurrency market, noting, “[w]e has reached the “Fartcoin” stage of the market cycle.” Fartcoin, a digital currency created in late 2021, has seen an incredible rise from a nominal value to over a billion dollars. The hedge fund manager points out

It’s been a rough year for the Ethereum Foundation, the grantmaking nonprofit that helps support Ethereum, the best-known blockchain behind Bitcoin. As Ethereum loses market capitalization and mindshare to competitors, its foundation has been plagued by scandal. Vitalik Buterin, Ethereum’s co-founder and main figure, has laid out a new plan to right the ship. “We

Pakinomist – Pakinomist presents you with the three best news of the past 24 hours. $124,788,255 in stuns the world’s largest exchange Binance A recent report from the Whale Alert X account shows that yesterday, January 20th, a significant XRP deposit of 40,000,000 tokens worth approximately $124.8 million hit the Binance exchange. The deposit was

CoinDesk Indices, a subsidiary of CoinDesk, has introduced the CoinDesk 80 Index to meet the increasing institutional demand for liquidity across various digital assets. The new offering is designed to track the performance of the next 80 digital assets beyond the CoinDesk20 Index, according to a press release. The bullish exchange, which has surpassed $1

George Town, Cayman Islands, 20 January 2025, Pakinomist Sonic Labs, the team behind the highest performing EVM L1 blockchain Sonic, announced the launch of the Sonic DeFAI Hackathon in partnership with DoraHacks, a global hackathon organizer, and Zerebro, an autonomous AI agent. With $250,000 in prizes, the hackathon invites participants to compete over four weeks

Circle, the crypto firm behind the $48 billion USDC stablecoin, said on Tuesday that it has acquired tokenized real-world asset (RWA) issuer Hashnote. The companies closed the deal this morning, a Circle spokesperson told CoinDesk, and was announced in Davos, Switzerland during the annual World Economic Forum meeting. The companies did not disclose pricing information.

Pakinomist – In a recent tweet, cryptocurrency investor, trader and entrepreneur Willy Woo shared his take on the prospects of creating the US National Reserve and why the new US President did not sign any orders on it on his first day in the White House House. Woo has warned that building a strategic Bitcoin

Crypto issuers certainly seem to believe that anything is possible now that Donald Trump is in office. Exchange-traded fund issuer Rex Shares and crypto-asset manager Osprey Funds filed for several crypto-focused exchange-traded funds (ETFs), including a Trump ETF, on Tuesday, according to a filing with the Securities and Exchange Commission (SEC) on Tuesday. The ETF