Author: Yeek.io
On Tuesday, tech giant MicroStrategy purchased an additional 11,000 Bitcoin (BTC) for approximately $1.1 billion, as disclosed by its chair and co-founder Michael Saylor in a social media post on X (formerly Twitter). This acquisition marks the company’s 11th consecutive week of Bitcoin purchases, reinforcing its status as a significant player in the digital currency space. Saylor has been at the forefront of this strategy, positioning the enterprise software company as a leveraged Bitcoin proxy. MicroStrategy Bitcoin Holdings Surge According to Microstrategy’s filing with the US Securities and Exchange Commission (SEC), the firm acquired the Bitcoin at an average price…
Stargate is expected to involve major players, including OpenAI, Softbank, and Oracle. It remains unclear how much funding will come from the federal government versus private sector contributions.According to CBS, the Trump administration might allocate $100 billion to the project in its first year. The total investment could reach $500 billion if approved by regulatory authorities. The initiative signals a potential shift in priorities, as some had speculated Trump might downplay AI and crypto sectors early in his term.Stargate’s focus contrasts with Trump’s recent push for D.O.G.E. as a cost-cutting tool. Critics question whether such a significant AI investment aligns…
Homepage > News > Business > Philippines: E-Governance Act passage pushed in Senate Philippine Senator Alan Peter Cayetano has urged the passage of Senate Bill No. 2781, also known as the “E-Governance Act,” which seeks to digitalize government services under a single, integrated framework. During a plenary debate on January 15, Cayetano highlighted the importance of interoperability in streamlining public service and improving record-keeping. “This is not per se the solution to all of our problems,” Cayetano said, “but it is a tool that, if used effectively and assigned properly to various agencies, can address many of our challenges today.”…
Singapore-based trading firm Crypto.com has announced a new platform catering to institutional investors in the United States. Revealed on Jan. 21, the platform aims to strengthen Crypto.com’s presence in the U.S. by offering advanced solutions tailored for institutional trading. It will operate as a complementary service to the existing Crypto.com App, which caters to retail traders in the country. According to Crypto.com co-founder and CEO Kris Marszalek, the launch builds on the company’s significant investments in technological capabilities and banking infrastructure since testing an early version of the exchange in 2022. As part of its offerings, institutional traders on the…
Dogecoin broke out of a bullish pennant, with analysts eyeing a potential $2.77 price target. Whale activity spiked with 588 $1M+ transactions, signaling increased interest and short-term price volatility. Dogecoin [DOGE] was showing strong market activity, supported by rising large transactions and bullish technical patterns. DOGE gained attention after the Department of Government Efficiency, led by Elon Musk, added Dogecoin’s logo to its official website. During Trump’s inauguration, Musk reiterated his support for the cryptocurrency, saying, “We are taking DOGE to Mars.” DOGE increased by 2.01% in the past 24 hours to $0.3778, with a 9.57% increase over the past…
Follow Allen on X. In a landmark decision that sent waves through the Bitcoin community, President Donald Trump has granted a full and unconditional pardon to Ross Ulbricht, the creator of the Silk Road darknet marketplace. Delivered on January 21, 2025—one day later than his campaign promise—this pardon goes beyond merely commuting Ulbricht’s sentence. It’s a symbolic gesture, perhaps acknowledging the delay with goodwill. For Bitcoiners, this represents more than justice for one man—it’s a signal of potential alignment between the administration and the values Bitcoin embodies.The pardon follows a flurry of executive orders signed on Trump’s first day back…
An analyst has explained how Arbitrum could see an upswing of around 46% if its price breaks out of this technical analysis pattern. Arbitrum Has Been Trading Inside A Descending Triangle Recently In a new post on X, analyst Ali Martinez has talked about a Descending Triangle pattern forming in the 4-hour price of Arbitrum. The “Descending Triangle” refers to a formation from technical analysis (TA) that, as its name suggests, looks like a triangle slopped downwards. The pattern involves two trendlines between which the asset consolidates: an upper level drawn by connecting together lower highs in the price and…
Shares of Canadian crypto provider Neptune surged 40% after it secured a $20 million credit facility from Sygnum Bank to buy Bitcoin. Neptune Digital Assets Corp., a public Canadian infrastructure provider, saw its shares climb 40% on over-the-counter markets after locking in a $20 million credit line from Sygnum Bank, the Swiss digital asset-focused lender. The loan, backed by Neptune’s Bitcoin (BTC) holdings, will help it expand its Bitcoin stash as well as buy other crypto-related assets, and fund strategic investments, the firm said in a Jan. 21 press release. “The loan is structured to give us ample flexibility while…
Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Azuki 1,389.51 ETH 115 ethereum View 2 Azuki Elementals 687.45 ETH 422 ethereum View 3 Pudgy Penguins 475.85 ETH 23 ethereum View 4 CryptoPunks 419.00 ETH 6 ethereum View 5 Milady Maker 326.54 ETH 62 ethereum View 6 BEANZ Official 236.05 ETH 319 ethereum View 7 Bored Ape Yacht Club 213.76 ETH 16 ethereum View 8 Doodles 185.54 ETH 40 ethereum View 9 Lil Pudgys 184.32 ETH 88 ethereum View 10 Mutant Ape Yacht Club 142.74 ETH 61 ethereum…
Homepage > News > Business > Singapore explores metaverse; Thailand mulls ETF approval Singapore’s parliament is pushing to engage more young citizens and interest them in legislative processes, and the metaverse has emerged as one key avenue for targeting this demographic. Speaker Seah Kian Peng says that parliamentary proceedings are critical for Singaporeans as they affect every aspect of their daily lives. As such, the citizens need to pay attention when matters close to their hearts are debated. Younger Singaporeans are more unlikely to follow these proceedings, and it’s this demographic that parliament wants to target with the metaverse. The…