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Metaplanet (3350) launches sponsored ADR program to woo US investors over the counter

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Japanese bitcoin treasury company Metaplanet (3350) said its American depositary receipts (ADRs) will begin trading on Dec. 19 in the US over-the-counter (OTC) market under the ticker MPJPY. The securities are designed to improve access, transparency and operational efficiency for US-based investors in the fourth largest corporate owner of bitcoin BTC$88,094.30. They will replace existing […]

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Crypto exchange Bybit returns to the UK after a 2-year hiatus with 100 crypto trading pairs

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Bybit, the second-largest cryptocurrency exchange by volume, said it has returned to the UK two years after tougher rules surrounding the promotion and marketing of crypto services forced it out. The company, which boasts around 80 million users worldwide, restarted UK services including spot trading on 100 currency pairs on Thursday, the company said. The

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PayPal stablecoin PYUSD leveraged to finance AI infrastructure through USD.AI

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PayPal (PYPL) is expanding the role of its PYUSD stablecoin for financing artificial intelligence, connecting it to onchain financing mechanisms developed by USD.AI, a stablecoin protocol that provides credit to AI companies. Loans issued by USD.AI to finance graphics processing units (GPUs), data centers and related AI infrastructure will be denominated in PYUSD, with borrowers

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Coinbase (COIN) shares rise on ‘system update’ as Wall Street cheers

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Coinbase (COIN) shares rose as much as 4.6% after the company outlined a roadmap that included stock trading, AI-powered tools, tokenization and stablecoin infrastructure in its year-end system update. The stock rose as high as $255.41 in early trading on Thursday and recently traded at $249.48 following the announcement on Wednesday. JP Morgan’s Kenneth Worthington

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Crypto breaks higher as BOJ decision clears macro overhang

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Bitcoin and ether climbed above key technical levels on Friday, tracking gains in Asian shares after the Bank of Japan raised interest rates to their highest level in three decades and cooling US inflation data revived appetite for risk assets. Bitcoin rose above $87,000 in Asian trade, while ether pushed higher alongside broader market strength

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What price action shows is what’s next for the Ripple-linked token

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XRP rose 4.26% to $1.85 during Wednesday’s session, recovering strongly from early weakness, although overall participation remained muted. News background The underlying sentiment towards XRP received a modest boost after VivoPower announced a partnership with Lean Ventures to acquire Ripple Labs shares, indirectly providing exposure to nearly $1 billion of XRP. The joint venture aims

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Bitcoin (BTC) jumps above $87,000, yen falls as Bank of Japan raises interest rates by 25 basis points

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Bitcoin BTC$87,108.49 strengthened as the Japanese yen fell after the Bank of Japan (BOJ) raised interest rates as expected. The Bank of Japan raised its short-term key interest rate by 25 basis points to 0.75%, the highest level in about three decades, continuing the gradual shift away from decades of ultra-loose monetary policy. In the

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DAWN Raises $13M Series B to Expand Decentralized Broadband Networks

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DAWN, a decentralized protocol designed to provide a multigigabit broadband service owned and operated by users, said it raised $13 million in a Series B funding round led by Polychain Capital. The money will be used to expand the Solana-based protocol’s network coverage across the United States and roll out international deployments, according to an

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