Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Peter Schiff Slams XRP Reserve: “Who the Hell Would Need That?” Peter Schiff, the vocal financial commentator with a history of skepticism towards cryptocurrencies, has sharply criticized the concept of a multi-token cryptocurrency reserve, particularly targeting the inclusion of XRP. Schiff, who acknowledges the logic behind a Bitcoin reserve akin to digital gold, finds the […]
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Metaplanet Boosts Bitcoin Holdings, Stock Soars Amid Market Enthusiasm Japanese firm Metaplanet has increased its Bitcoin stash by 156 coins, now holding a total of 2,391 BTC, valued at $196.3 million. This strategic move, made during a recent Bitcoin price dip, saw Metaplanet’s stock price surge by 21.15%, trading at 4,010 yen. Metaplanet increases Bitcoin […]
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Brazilian Football Legend Ronaldinho Dives into Crypto with STAR10 Token Ronaldinho, the Brazilian football icon known for his mesmerizing skills on the pitch, has now made a bold move into the digital realm with the launch of his cryptocurrency token, STAR10. This venture aims to combine his legendary status in football with the innovative world […]
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3 Million SOL Tokens Moved to Binance Cold Wallet: What It Means for Solana’s Market A recent transfer of 3 million SOL tokens, valued at around $510 million, to Binance’s cold wallet has stirred the crypto community, prompting speculation about its impact on Solana’s market dynamics. 3 million SOL tokens transferred to Binance’s cold wallet […]
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Riot Platforms Turns the Tables: From Loss to $109.4M Profit in 2024 Riot Platforms, a leading Bitcoin mining company, turned a significant corner in 2024, posting a net profit of $109.4 million after a $49.4 million loss the previous year. Their total revenue surged by 34% to $376.7 million, driven by a near doubling of […]
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Coinbase Co-Founder Backs Bitcoin for Strategic Reserves Amid Trump’s Broad Crypto Plan Coinbase co-founder Brian Armstrong has endorsed Bitcoin as the prime choice for strategic reserves, aligning with former President Donald Trump’s push for a comprehensive cryptocurrency reserve. Trump’s plan includes Bitcoin, Ethereum, XRP, Solana, and Cardano, igniting debate over the merits of diversification versus […]
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Estonia and Saudi Arabia Launch E-Residency Program, Infosys and Lufthansa Boost Digital Transformation Estonia is expanding its digital footprint into the Middle East with a groundbreaking e-residency program in collaboration with Saudi Arabia. Simultaneously, Infosys and Lufthansa are setting a new benchmark for digital transformation with a $300 million deal to establish a Global Capability […]
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Trump’s Crypto Czar David Sacks Sells All Bitcoin, Ether, and Solana Before Administration Role David Sacks, newly appointed as the White House AI and Crypto Czar, has made a significant move by divesting his entire personal portfolio of Bitcoin, Ether, and Solana before taking up his government position. This strategic decision, aimed at avoiding conflicts […]
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Bitcoin Excluded from Trump’s Crypto Strategic Reserve: XRP, Solana, Cardano Surge President Donald Trump’s announcement of a U.S. Crypto Strategic Reserve, excluding Bitcoin but including cryptocurrencies like XRP, Solana (SOL), and Cardano (ADA), has stirred a significant controversy within the crypto community. Bitcoin advocates argue that this move undermines the spirit of decentralization and could […]
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Michael Saylor Labels Bitcoin as “Digital Energy” Amidst Market’s Crucial Price Test In a bold move, Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), has once again captured the crypto world’s attention by calling Bitcoin “digital energy.” This statement comes at a pivotal moment as Bitcoin, trading at $85,424, faces significant resistance and support levels. […]
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