GameStop (GME) stock experienced a significant 19% surge in overnight trading on Robinhood after Keith Gill, also known as "The Roaring Kitty," made a revelation. Gill, posting under the Reddit account "DeepFuckingValue," disclosed his holdings of GME shares and call options, with a notional value exceeding $180 million. This post marked his first activity on Reddit since April 2021.
Read MoreNayib Bukele, the President of El Salvador, began his second term with a pledge to tackle the nation's economic challenges with the same determination he displayed in combating gang violence during his first term. Despite controversy surrounding his re-election, Bukele, who won with over 80% of the vote, aims to heal the country's economic "ailments".
Read MoreIn a notable move, Tether, the issuer of the popular stablecoin USDT, has invested $100 million in Bitdeer Technologies Group, a US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu. The deal also includes the option for Tether to acquire an extra $50 million worth of shares within the next year, further solidifying its foothold in the Bitcoin mining industry.
Read MoreDespite XRP's mixed performance in recent years, it still maintains a significant following in the altcoin community. While long-term expectations for XRP have varied between bullish and bearish sentiments, short-term predictions from CoinCodex's machine learning algorithm suggest a level of bullishness.
Read MoreBitdeer, a cryptocurrency mining firm headed by Jihan Wu, is securing fresh funding from Tether, the entity behind the prominent stablecoin USDT. Tether has committed to investing up to $150 million in Bitdeer through a private placement deal.
Read MoreBlocksquare, a protocol for tokenizing real estate, has revealed the tokenization of properties worth $100 million across different sectors.
Read More