News list for " steering"

Switching from running a hotel to hoarding bitcoin, Japan's Metaplanet shares rose 4,000% in a year.

On February 10, US President Donald Trump's pro-cryptocurrency agenda caused a chain reaction. The Japanese market saw a surge in demand for bitcoin, and a hotel operator turned to reserve bitcoin, which brought an eye-popping return to shareholders. According to data, the share price of Metaplanet Inc. has risen by more than 4,000% in the past 12 months, the largest gain in the Japanese stock market during the same period, and one of the highest gains in the world. Bitcoin had previously hit a ...

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2025-02-10 12:02:07
Adidas and Stepn partner to launch sneakers this month

Adidas and Stepn have partnered to shift from NFTs to physical products, with plans to launch sneakers this month.

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2024-12-05 20:07:03
The currency bridge will be fully developed and operated by participating central banks and monetary authorities

It is learned from the Steering Committee of the Multilateral Central Bank Digital Currency Bridge that after more than 3 years of development, the preliminary exploratory work of the Multilateral Central Bank Digital Currency Bridge (hereinafter referred to as the "Money Bridge") project has been completed. The project has reached a mature level that can be handed over to the participants. The Money Bridge project will be fully taken over by the participating central banks and monetary authorit...

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2024-11-06 20:08:48
Bernstein: Investors are increasingly interested in the AI transformation of bitcoin mining companies

Bernstein, the brokerage firm, noted strong investor interest in bitcoin miners considering switching to artificial intelligence. Gautam Chhugani, Mahika Sapra and Sanskar Chindalia, three Bernstein analysts, wrote in a note to clients: "We see strong investor interest in bitcoin miners pursuing AI/HPC, but these investors are also questioning whether all miners should move to AI." (TheBlock)

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2024-08-19 19:58:39
Coinbase returns to Hawaii to focus on European market expansion

Coinbase is refocusing on the European Union and the United Kingdom after returning to the Hawaii market. Previously, Coinbase exited the state in 2017 due to regulatory requirements in Hawaii, but re-entered the Hawaii market with new regulations on July 1, 2024 that removed the currency transmission license required for digital currency activities. Faryar Shirzad, chief policy officer at Coinbase, said the move reflects a global trend towards clearer regulation of cryptocurrencies. Coinbase ha...

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2024-08-16 06:51:38
After Bitcoin halved, listed mining companies raised a total of $2.20 billion to deal with cash flow crunch

In the wake of Bitcoin's halving, publicly traded mining companies are turning to debt financing to increase their cash flow. According to BlocksBridge Consulting, which is based on earnings reports, nine of the 13 publicly traded U.S. companies raised a combined $1.25 billion through equity offerings in the second quarter of 2024. These include Bitdeer, Bitfarms, Cipher, CleanSpark, Core, HIVE, Marathon, Riot, and Terawulf. In addition, Iris Energy raised $458 million in the last quarter, bring...

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2024-08-16 06:06:23