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Roblox struggles with advertising revenue despite its massive 150 million daily users, as developers report low payout rates and advertisers cite concerns over targeting young audiences under strict regulations. Low developer payouts: Ad rates range from fractions of a cent to 55 cents per thousand views, deterring creators from integrating ads into games. Young user […]
Metaplanet, Japan’s leading corporate Bitcoin holder, has introduced “Mars” and “Mercury” preferred shares to fund Bitcoin acquisitions without diluting common stock. Mars offers a flexible dividend to reduce market volatility, while Mercury provides a fixed 4.9% annual dividend with conversion options, raising $135 million initially. Mars preferred shares prioritize stability with fluctuating dividends tied to […]
The U.S. government has approved Nvidia’s export of advanced AI chips to Armenia, enabling local startup Firebird to build a supercomputer. This move supports U.S. diplomatic strategy in the Caucasus, countering Russian influence amid regional tensions. Nvidia’s chips target AI supercomputer project in Armenia. U.S. leverages tech exports for geopolitical influence without military involvement. Approval […]
BlackRock’s iShares Staked Ethereum Trust offers regulated access to Ethereum staking yields through an ETF structure, enabling traditional investors to earn rewards while the SEC’s stance on staking evolves, potentially boosting institutional demand despite recent outflows. BlackRock registers the iShares Staked Ethereum Trust in Delaware, following similar paths to its spot Bitcoin and Ethereum ETFs. […]
Coinbase Ether-backed USDC loans allow US users to borrow up to $1 million in USDC against their ETH holdings without selling, powered by Morpho on the Base network. This DeFi integration has already processed over $1.25 billion in loans, offering variable rates and access in most states except New York. Coinbase launches Ether-backed loans via […]
Bitcoin’s market bottom may be forming near $90,000 as short-term holder capitulation and extreme fear sentiment align with historical reversal signals, according to Fidelity Digital Assets analysis. This 20-30% drawdown within the bull market suggests a healthy reset before potential higher prices. Short-term holder capitulation: Metrics like the MVRV ratio indicate extreme selling pressure similar […]
US executives in crypto companies are buying their own stock at the fastest pace in six months amid a market dip, signaling confidence in blockchain and digital asset growth despite AI and tech selloffs impacting crypto prices. Crypto executive purchases hit highest since May as Bitcoin and Ethereum face volatility. Buying ratio reaches 0.5, a […]
The Bitwise XRP ETF provides U.S. investors with regulated exposure to XRP, the native token of the XRP Ledger, through spot holdings on the NYSE. Launched today with a 0.34% management fee waived for the first month on initial $500 million in assets, it enables fast, efficient access to this cryptocurrency powering global payments. Bitwise […]
The UK’s Serious Fraud Office (SFO) arrested two individuals linked to Basis Markets, a £21 million crypto scheme that collapsed after promising high returns from NFT investments and algorithmic trading. Investors lost funds due to misrepresented dashboards and diverted capital, marking a key enforcement action against NFT fraud. SFO arrests signal crackdown on NFT-based scams, […]