Crypto News
Dave Portnoy Takes His Fans on a Wild Ride With Solana Meme Coin Jailstool
Barstool Sports founder Dave Portnoy bought into a Solana meme coin depicting him behind bars—then sold, and then bought back in again.Source link
Ticking Clock: Institutional Bitcoin Supply Dwindles as Holders Tighten Their Grip
As bitcoin hovers just above $97,000 per unit, conversations are intensifying over the possibility of a future supply squeeze. On Monday, digital asset manager Bitwise highlighted a crucial reality: if corporations and governments seek to acquire substantial quantities of BTC, they will need to persuade current holders to part with their assets—a task that maySource link
European Payments Giant Klarna Says It Will Look To Integrate Crypto
Klarna Bank AB, a Swedish fintech company popular in Europe, plans to embrace cryptocurrencies on its platform, the firm’s chief executive officer, Sebastian Siemiatkowski announced in a post on X over the weekend.“I give up. Klarna and me will embrace crypto! More to come,” he wrote to his 33,000 followers on the app.Klarna is a popular “buy now, pay later” app primarily used in Europe. The platform, which is valued at $14.8 billion according to Investopedia, has over 85 million users and 100 billion of volume, Siemiatkowski said.The company has been around since 2005 and received backing by Sequoia Capital, a prominent venture capitalist behind many fintech and crypto-focused companies, in 2010. Siemiatkowski said he was introduced to three entrepreneurs...
Three Arrested in Spain Over Plot to Kidnap and Extort Crypto Broker
The 34-year-old victim broke both ankles after jumping out of a window in order to escape his captors.Source link
Metaplanet Announces 21,000 BTC Purchase Plan, Stock Soars 3,600%
The firm trades on the Tokyo Stock Exchange and claims its bitcoin strategy has made it “the best-performing stock worldwide.” Metaplanet to Purchase $2 Billion Worth of Bitcoin by 2026 Japanese hotel developer turned bitcoin treasury firm Metaplanet, announced on Monday, plans to acquire 21,000 bitcoin (BTC) by the end of 2026. Bloomberg called theSource link