Author: John Smith

Bonk price has rallied by triple digits after bottoming out at $0.000008870 in April, mirroring the performance of other popular Solana meme coins. Bonk (BONK) Bonk price has rallied by triple digits after bottoming out at $0.000008870 in April, mirroring the performance of other popular Solana meme coins. This rally is part of a broader rebound among Solana meme coins, with the collective market cap of these assets rising from $6 billion in April to $15 billion today. Bonk has also rallied as investors have embraced fear of missing out. SolScan data shows that the number of BONK holders is…

David Bailey’s Bitcoin-native holding company, Nakamoto, has pulled off a dramatic entrance into the public markets, raising $710 million and announcing a merger with healthcare firm KindlyMD to form one of the most ambitious Bitcoin treasuries to date.  The move positions the new entity as a publicly traded Bitcoin (BTC) conglomerate aimed at pushing BTC into the heart of global capital markets, according to a press release on the matter.  The deal includes a $510 million private placement and $200 million in convertible notes, marking the largest PIPE ever in a public crypto-related transaction.  Shares of KindlyMD surged more than…

Pepe Coin price continued its strong rally on Monday, reaching its highest level since January. Pepe (PEPE), the third-biggest meme coin after Dogecoin (DOGE) and Shiba Inu (SHIB), jumped to a high of $0.00001535, up 180% from its lowest level this year. The rally occurred as its 24-hour trading volume surged to over $3.2 billion, higher than the combined volumes of Shiba Inu, Official Trump, and Bonk. It also rose as demand in the futures market gained momentum, with open interest hitting a record high of over $662 million. This marks a significant increase from the March low of $165…

American Bitcoin, a company with ties to the Trump family, is merging with Gryphon to form a Bitcoin mining conglomerate. Trump-affiliated American Bitcoin is expanding its mining operations. On Monday, May 12, Gryphon Digital Mining announced a definitive stock-for-stock merger agreement with American Bitcoin Corp, a subsidiary of Hut 8. Although Gryphon is technically the acquiring party, shareholders of American Bitcoin will own 98% of the new company’s shares. Gryphon shareholders will hold just 2% following the merger. The combined company will operate under the American Bitcoin brand. The leadership team from American Bitcoin will head the new company, including…

American Bitcoin, a company with ties to the Trump family, is merging with Gryphon to form a Bitcoin mining conglomerate. Trump-affiliated American Bitcoin is expanding its mining operations. On Monday, May 12, Gryphon Digital Mining announced a definitive stock-for-stock merger agreement with American Bitcoin Corp, a subsidiary of Hut 8. Although Gryphon is technically the acquiring party, shareholders of American Bitcoin will own 98% of the new company’s shares. Gryphon shareholders will hold just 2% following the merger. The combined company will operate under the American Bitcoin brand. The leadership team from American Bitcoin will head the new company, including…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto bulls eye 480% gains as memecoin XYZVerse heats up ahead of exchange debut. Analysts are predicting significant growth for certain cryptocurrencies this month, sparking excitement among investors. One prominent digital asset is expected to climb by 15%, another is forecasted to rise by 4%, while a new entrant aims for an astonishing 480% rally. These bold predictions raise questions about the factors fueling such optimism and their implications for the crypto market. XYZ memecoin poised for major exchange…

South Korea’s central bank said it should have legal authority over the approval of won-based stablecoins, warning they could disrupt monetary policy if treated like legal tender. The Bank of Korea, South Korea‘s central bank, said monetary authorities must be involved from the start if the country allows the issuance of stablecoins tied to the Korean won, BusinessKorea has learned, citing a senior BOK official. In a statement, the official said that if won-based stablecoins are used like legal tender, they could complicate monetary policy operations and that this would require the BOK’s involvement in the approval process. They added…

South Korea’s central bank said it should have legal authority over the approval of won-based stablecoins, warning they could disrupt monetary policy if treated like legal tender. The Bank of Korea, South Korea‘s central bank, said monetary authorities must be involved from the start if the country allows the issuance of stablecoins tied to the Korean won, BusinessKorea has learned, citing a senior BOK official. In a statement, the official said that if won-based stablecoins are used like legal tender, they could complicate monetary policy operations and that this would require the BOK’s involvement in the approval process. They added…

South Korea’s central bank said it should have legal authority over the approval of won-based stablecoins, warning they could disrupt monetary policy if treated like legal tender. The Bank of Korea, South Korea‘s central bank, said monetary authorities must be involved from the start if the country allows the issuance of stablecoins tied to the Korean won, BusinessKorea has learned, citing a senior BOK official. In a statement, the official said that if won-based stablecoins are used like legal tender, they could complicate monetary policy operations and that this would require the BOK’s involvement in the approval process. They added…

South Korea’s central bank said it should have legal authority over the approval of won-based stablecoins, warning they could disrupt monetary policy if treated like legal tender. The Bank of Korea, South Korea‘s central bank, said monetary authorities must be involved from the start if the country allows the issuance of stablecoins tied to the Korean won, BusinessKorea has learned, citing a senior BOK official. In a statement, the official said that if won-based stablecoins are used like legal tender, they could complicate monetary policy operations and that this would require the BOK’s involvement in the approval process. They added…