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One of the largest investment companies in the world with more than 2.3 trillion dollars in assets under management, Los Angeles-based Capital Group has become one of the largest shareholders of Metaplanet. Based in Japan, Metaplanet was a hospitality investor that has gained notoriety over the past year for its bitcoin (BTC) financial strategy modeled […]

Pakinomist – On January 12, 2009, a groundbreaking milestone occurred that would forever change the landscape of digital finance. Satoshi Nakamoto, pseudonymous creators, performed the first peer-to-peer (P2P) transaction on the Bitcoin network. This historic moment at block 170 saw Satoshi transfer 10 BTC to computer scientist Hal Finney, making him the recipient of the

CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3246.57, down 4.2% (-143.25) since 16 ET Friday. One in 20 assets are trading higher. Leaders: XRP (+1.4%) and ADA (-2.6%). Laggards: RENDER (-10.7%) and NEAR (-10.4%). The CoinDesk

Disclaimer: The analyst who wrote this piece owns stock in MicroStrategy and Semler Scientific (MSTR). Michael Saylor’s MicroStrategy (MSTR) has increased his bitcoin (BTC) holdings for the tenth consecutive week. In the week ending January 12, MicroStrategy bought 2,530 BTC for $243 million, bringing its total holdings to 450,000 BTC. The average price of the

New records continue to be set in the bitcoin (BTC) ecosystem, which has seen the mining difficulty adjustment rise to a new all-time high of 110.45T (trillion). 110.45 trillion means that the difficulty is approximately 110.45 trillion times harder than it was at the time of Bitcoin’s genesis block. The difficulty adjustment adjusts every 2,016

Bitcoin (BTC) started the new week on a negative note as major investment banks reassessed their expectations for Federal Reserve (Fed) interest rate cuts following Friday’s strong jobs report. The leading cryptocurrency by market capitalization fell below $93,000 during European hours, representing a 1.6% drop on the day, according to data source CoinDesk. Prices looked

2025 could be a big year for cryptocurrency exchange-traded funds (ETFs), according to Laser Digital, the digital assets subsidiary of financial giant Nomura. More than twelve crypto ETFs could launch in the US this year if approved by the Securities and Exchange Commission (SEC), Laser Digital said in a report last week. Asset managers have

Pakinomist – Finally, a crucial descending trendline resistance level has been broken, suggesting that a major bullish rally may be about to begin. After weeks of consolidation within a narrowing range, traders have a clear indication that momentum may turn to the upside with this breakout. The recent rise above the $2.30 mark, which saw

The alternative cryptocurrencies (altcoins) market may experience an extra dose of volatility this week as the impending token unlock plan will release billions of dollars worth of supplies for several coins, including Ondo Finance’s ONDO token. Data from Tokenomist shows that the weekly unlock calendar, which includes names like ONDO, ARB, STRK SEI and others,

Pakinomist– Bitcoin edged lower on Monday, falling for a third straight day as stronger-than-expected U.S. payrolls data sparked caution among traders, reinforcing the Federal Reserve’s view of fewer rate cuts in 2025. fell 0.3% to $94,268.7 by 01:12 ET (06125 GMT). Bitcoin prices fell sharply last week after falling six out of the previous seven