Stake

The recent cryptocurrency surge, led by Shiba Inu (SHIB), has captured the attention of investors worldwide. Shiba Inu (SHIB)'s impressive 20% rise in the last 24 hours has brought it back to levels unseen since mid-June. This spike has been accompanied by intriguing whale activity and speculation regarding the future of AI-based cryptocurrencies like GoodEgg (GEGG), which is quickly gaining momentum. AI-Driven GoodEgg (GEGG) Captures Attention As Shiba Inu (SHIB) regains its footing, another rising star is emerging: GoodEgg (GEGG),…

How green is crypto, really? Activists accuse the industry of environmentally-hazardous side effects, but how true are these claims? What is the environmental impact of crypto? A new report from UCL, alongside an exclusive interview, addresses these questions and more. Mining Costs The alleged environmental costs of Bitcoin and cryptocurrency are an enduring thorn in the industry’s side. Prominent actors frequently debate controversial claims, but crypto enthusiasts are quick to dispute the harshest assertions. Studies from reputable scientific agencies have…

The post Tether Buys Stake in Latin American Agri Firm Adecoagro appeared first on Coinpedia Fintech News Tether on the front foot again! Tether, the USDT stablecoin issuer, has acquired a 9.8% stake in Adecoagro, a leading Latin American agricultural firm, for $100 million. As per the data, Adecoagro, valued at over $1 billion, operates across Argentina, Brazil, and Uruguay, producing milk, sugar, and ethanol. This investment marks Tether’s first venture into agriculture as the company diversifies its portfolio, following…

South Korea’s National Pension Service (NPS) recently purchased $34 million worth of MicroStrategy shares, highlighting increased institutional confidence in Bitcoin (BTC) via strategic investments. MicroStrategy’s heavy Bitcoin focus continues to boost confidence in the company’s long-term prospects and the value of its crypto holdings. South Korea’s NPS Buys MicroStrategy Shares An official filing with the US Securities and Exchange Commission (SEC) confirmed the development. Notably, South Korea’s NPS, the second-largest public pension fund in the world, is backing Bitcoin through…

The post MemeFi Is Here With Crypto All-Stars – $STARS Presale Launches, Stake Any Meme Coin to Earn Yield appeared first on Coinpedia Fintech News A revolutionary new meme coin ecosystem is getting underway. Crypto All-Stars ($STARS) is a new DeFi-meme coin hybrid project, allowing users to stake any meme coin on any blockchain to earn passive rewards. The unprecedented concept holds massive potential, and the project is currently undergoing a presale. Investors can buy in today from the ground…

The post XRP News : Ripple Sells 40% Stake in Tranglo: What’s Behind the Surprising Move? appeared first on Coinpedia Fintech News Ripple’s past collaboration with Tranglo has set tongues wagging, igniting a passionate discussion about the role of XRP in cross-border transactions. However, in a shocking move, Ripple has reportedly sold its 40% stake in Tranglo, a Malaysian payment firm that used XRP to streamline international transactions. This news, first highlighted by Crypto Eri on X, has stirred a…

In a recent filing with the US Securities and Exchange Commission (SEC), the BlackRock Global Allocation Fund disclosed its ownership of 43,000 shares of the asset manager’s Bitcoin ETF, iShares Bitcoin Trust, as of April 30.  This announcement follows two previous filings by BlackRock on May 28, which disclosed the fund’s exposure to Bitcoin in its Strategic Global Bond Fund and Strategic Income Opportunities Portfolio. BlackRock Bitcoin ETF Investment Plan The investment giant’s move towards Bitcoin integration became evident in…

MemeVerse, an innovative platform designed to unite meme communities in an immersive and competitive environment, is excited to announce the launch of its highly anticipated presale for the $MVO token, beginning on July 1st, 2024. This initiative represents a pivotal moment for MemeVerse, presenting users with a chance to immerse themselves in an interactive metaverse while earning rewards. MemeVerse is more than just a virtual world; it is a hub where various meme communities come together to compete, interact, and…

A recent Bloomberg report has revealed that Montenegro’s Prime Minister, Milojko Spajic, personally invested in Terraform Labs years before the company’s collapse. The discovery has raised concerns regarding the founder’s choice to flee prosecution by seeking refuge in the same nation.  The founder of Terraform Labs, Do Kwon, was detained in Montenegro in March 2023 and is currently facing extradition demands from the US and South Korea.  Opposition Calls For Resignation According to Bloomberg, Milojko Spajic has claimed that the…