Global #Bitcoin

In a move that solidifies Hong Kong’s growing role as a global crypto hub, the University of Hong Kong (HKU) Business School is getting ready to accept Bitcoin and other digital assets for tuition and donations.

Japanese firm Metaplanet has announced a significant new purchase of 1,009 Bitcoin (BTC) for 16.48 billion yen ($112 million), bringing its total holdings to 20,000 BTC.

Ja​panese gaming firm Gumi Inc. is significantly increasing its investment in cryptocurrency, announcing a plan to purchase ¥2.5 billion ($17 million) worth of XRP over the next five months.

As August ends, cryptocurrency traders are bracing for what has been historically known as "Red September," a phenomenon where markets, including crypto, tend to see negative returns.

Tether, the company behind the largest stablecoin, USDT, has expanded its reach into the Bitcoin ecosystem by making its token available through the RGB protocol.

Spot Ether ETFs are seeing a huge surge in popularity in the U.S., significantly outperforming their Bitcoin counterparts in recent trading.