By Emir Abyazov Key highlights: Metaplanet raises $1.2B, with $835M earmarked for Bitcoin purchases Company aims to expand Bitcoin holdings to 210,000 BTC by 2027 New funds fuel profitable Bitcoin business and hedge against yen weakness Metaplanet approves $1.2B share sale, allocates $835M to Bitcoin Japanese investment firm Metaplanet has approved a plan to raise […]
Tag: ADA
By Marco Piccolo Key highlights: JPMorgan Asset Management has committed up to $500 million to Numerai, significantly boosting the AI hedge fund’s investment capacity. Numerai’s global equity hedge fund delivered over 25% net return in 2024, outperforming many quant competitors. The news triggered a 95% weekly surge in Numeraire (NMR), the platform’s native cryptocurrency. Trade […]
By Emir Abyazov Key highlights: Ethereum ETFs pull in $455M in a single day — leaving Bitcoin funds behind BlackRock and Fidelity dominate the Ethereum ETF surge Investors shift focus to Ethereum amid growing market momentum Ethereum ETFs outpace Bitcoin with $455M inflows Spot Ethereum ETFs experienced $455 million in inflows on August 26, marking […]