Author: CryptoHoppers

Key Takeaways Genius Group stock rose 11% after the firm expanded its Bitcoin Treasury to $30 million. The company reported a 1,649% BTC yield since its initial acquisition in November. Share this article Genius Group Limited (GNS) stock rose 11% to approximately $0.72 in early US trading Monday after the AI-driven education company said it had expanded its Bitcoin holdings to $30 million, according to Yahoo Finance.The company increased its Bitcoin Treasury by $10 million, bringing its total holdings to 319.4 Bitcoin, according to a Monday statement.The expansion comes as Genius Group reported a 177% increase in net asset value…

A country in Central America continued to invest in Bitcoin as the nation beefed up its BTC reserves to more than $500 million. El Salvador purchased additional coins to increase its holdings to over 6,000 units, allowing the Central American country to join the 6,000 Bitcoin club. BTC Investment Up By 108% El Salvador President Nayib Bukele further solidified Bitcoin as the country’s primary treasury asset after bolstering the nation’s Bitcoin reserve. It is a move that showed how El Salvador has embraced and adopted cryptocurrency in its treasury management strategy. With the purchase, the portfolio tracker of the National…

Key Takeaways Sberbank, TBank and Tochka Bank are now part of the digital ruble pilot program. By July 2025, major Russian banks must support digital ruble functionalities or face fines from the CBR. Share this article Sberbank, Russia’s largest lender, has joined the digital ruble pilot program along with TBank and Tochka Bank, according to a statement from the Central Bank of Russia (CBR) reported by Interfax on Dec. 28.The program previously included 12 credit organizations, with expectations for an additional 14-15 banks to onboard in 2025, said Olga Skorobogatova, former First Deputy Governor of the CBR in an October…

The Sui network, a rising star in the blockchain world, has been making waves with its innovative approach to decentralized applications and transactions. The blockchain experienced a rare service interruption today on November 21, 2024. In an announcement on social media, Sui informed its users that the network had temporarily ceased processing transactions due to unexpected outage. Sui from its official social media platform informs its users about the outage and restoration (Source: X Post) The outage, which lasted for approximately two hours, was due to a bug in the transaction scheduling logic. This issue caused validators – critical nodes…

Key Takeaways ProShares has filed for ETFs that track the S&P 500, Nasdaq-100, and gold priced in Bitcoin. These ETFs will use Bitcoin futures to achieve Bitcoin-denominated returns rather than directly investing in Bitcoin. Share this article ProShares, a prominent asset manager overseeing more than $75 billion in assets, is seeking SEC approval to offer three new ETFs that would track the performance of the S&P 500, the Nasdaq-100, and gold relative to Bitcoin.The proposed funds — ProShares S&P 500 Bitcoin ETF, ProShares Nasdaq-100 Bitcoin ETF, and ProShares Gold Bitcoin ETF — will measure returns in Bitcoin terms rather than…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With Bitcoin eyeing $150,000, these 5 altcoins are gearing up for massive gains. As the end of year approaches, excitement builds in the cryptocurrency world. Bitcoin is setting its sights on a historic price level, and several lesser-known coins are showing signs of massive growth. This article analyzes 5 altcoins that could experience remarkable surges, capturing the attention of investors looking for the next big opportunity. DOGEN sees 333% surge, targets 500% by TGE DOGEN, a rising meme coin…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana and Cardano capture institutional attention as analysts rank 1Fuel as a promising altcoin. It’s been a busy December in the cryptocurrency market. Solana (SOL) is in the spotlight with a new wave of institutional interest, Cardano (ADA) is showing recovery, and 1Fuel (OFT) crossed the $850,000 mark. With potential for 500x returns, 1Fuel stands out as a project combining privacy and utility. Its technological enhancements and marketplace placement have encouraged analysts to rank it among the altcoins to…

Key Takeaways MiCA’s Dec. 30 rollout raises uncertainty about Tether’s compliance and its impact on the crypto market. Coinbase has delisted USDT due to MiCA regulations while other exchanges await further guidance. Share this article Tether’s USDT stablecoin faces mounting regulatory uncertainty as the European Union’s Markets in Crypto-Assets Regulation (MiCA) takes effect on December 30. The new framework imposes strict compliance requirements for stablecoins, raising questions about USDT’s operational status across the EU.Amid this uncertainty, many on crypto Twitter have been spreading FUD (fear, uncertainty, and doubt) about Tether, speculating on its compliance and future stability under the new…

Ethereum co-founder Vitalik Buterin has made an endearing connection with the animal kingdom by donating 10,000,000 Thai baht to the Khao Kheow Open Zoo. Alongside his generosity, he’s now the proud “adoptive father” of Moo Deng, the tiny pygmy hippopotamus who was also turned into a meme coin earlier this year. Moo Deng’s Cuteness and […] Source link

Key Takeaways Strive’s ETF offers Bitcoin exposure through “Bitcoin Bonds,” primarily MicroStrategy convertible securities and derivatives. The ETF seeks to participate in the growing institutionalization of Bitcoin. Share this article Strive Asset Management is launching a new ETF that will provide exposure to Bitcoin through convertible securities, primarily focusing on MicroStrategy’s holdings.The Strive Bitcoin Bond ETF will invest at least 80% of its assets in “Bitcoin Bonds” and related derivative instruments, including swaps and options.The actively managed fund will hold both direct positions in Bitcoin-linked convertible securities and derivatives, with allocation decisions based on cost and return potential.The fund will…