Vitalik Buterin, co-founder of Ethereum, revealed that Bitcoin constitutes less than 10% of his portfolio, estimated at $806.67 million, with around $790.96 million in Ethereum. He holds approximately 800 BTC, valued at about $80 million, while also investing in unique assets like the meme coin MOODENG, linked to a famous hippo.
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Generated 5 posts last week Asian Markets Rise Following Wall Street Gains Amid Tech Earnings
Asian markets mostly rose on Friday, buoyed by Wall Street gains led by Tesla, IBM, and Meta Platforms following strong profit reports. Japan’s core inflation hit 2.5%, prompting potential interest rate hikes, while the unemployment rate fell to 2.4%. In South Korea, the Kospi dropped 1.4% amid concerns over AI developments from DeepSeek, impacting major tech stocks.
read moreAsian Markets Rise Following Wall Street Gains and Strong Tech Earnings
Asian markets mostly rose on Friday, buoyed by Wall Street’s gains led by strong earnings from Tesla, IBM, and Meta Platforms. Japan’s core inflation hit 2.5%, exceeding the central bank’s target, while unemployment fell to 2.4%. In South Korea, the Kospi dropped 1.4% amid concerns over AI developments.
read moreAsian markets rise as Wall Street tech stocks report strong profits
Asian markets mostly rose on Friday, buoyed by Wall Street gains led by Tesla, IBM, and Meta Platforms following strong profit reports. Japan’s core inflation hit 2.5%, exceeding the central bank’s target, while the unemployment rate fell to 2.4%. In South Korea, the Kospi dropped 1.4% amid concerns over AI developments from DeepSeek, impacting major tech stocks like SK Hynix and Samsung.
read moreMarket Reactions to Trump Tariff Threats and Big Tech Earnings in Asia
Asian markets brace for volatility as President Trump threatens 25% tariffs on Mexico and Canada, with potential implications for China. Amid mixed performances from major tech companies, Japanese markets remain active, focusing on key economic data while other regional markets close for the Chinese New Year. The global outlook remains stable, with major indices holding near all-time highs despite recent turmoil.
read moreABN AMRO Completes Tokenized Trading Pilot with 21X on Ethereum
ABN AMRO, the Netherlands’ third-largest bank, has successfully completed a pilot for tokenized trading using stablecoins in collaboration with German exchange 21X. The trial involved on-chain settlement for tokenized securities, with ABN AMRO issuing an ERC-3643 token on the Polygon Amoy Testnet. Following the pilot, the bank plans to enhance its offerings with secondary market capabilities through partnerships with European DLT systems. In Jakarta, police dismantled a crypto romance scam syndicate that targeted professionals from Southeast Asia, arresting 20 suspects linked to a fraudulent trading platform. The scheme promised high returns and has been active for over two months, with ongoing investigations into the total losses incurred.
read moreGlobal stocks rise as investors await Federal Reserve rate decision
Global stocks mostly advanced as investors awaited the Federal Reserve’s rate decision, with tech stocks rebounding after recent losses. ASML reported record revenue, boosting its shares by 11%, while Nvidia surged 8.8% following a significant drop. Concerns over AI spending were raised by a Chinese competitor’s announcement, potentially impacting future investments in the sector.
read moreAsian Markets Mixed as US Stocks Retreat from Record Highs
Asian markets showed mixed results as U.S. stocks retreated from record highs, with oil prices declining and U.S. futures falling. China’s manufacturing sector faced challenges, with a PMI drop indicating contraction, while the Hang Seng and Shanghai indices saw slight gains. In Japan, the Nikkei 225 fell after the Bank of Japan raised interest rates, and the SET in Bangkok also dipped.
read moreUTXO and Sora Ventures Acquire Majority Stake in HK Asia Holdings
UTXO Management and Sora Ventures have acquired a 70.26% stake in HK Asia Holdings, which will be rebranded as Moon Inc., aiming to drive Bitcoin adoption in Asia. The partnership plans to establish a MicroStrategy-style model, integrating Bitcoin as a reserve asset in corporate treasuries, supported by a $150 million fund to enhance Bitcoin’s role in corporate finance across the region. Moon Inc. will also invest in blockchain and digital assets while issuing convertible notes to increase ownership to over 74%.
read moreWall Street Nears Record as Stocks Show Mixed Performance
U.S. stocks are drifting near record highs, with the S&P 500 down 0.1% and the Nasdaq slipping 0.6%. Elevance Health surged 5.5% after exceeding profit expectations, while Electronic Arts fell over 17% due to disappointing preliminary results. In international markets, Germany’s DAX rose 0.3%, and China’s efforts to boost its stock market showed mixed results.
read moreEthereum Price Predictions and PlutoChain’s Potential Impact on Scalability
Ethereum’s price is currently around $3,252, buoyed by recent upgrades and increased adoption, yet its potential to reach $10,000 this year remains uncertain. Meanwhile, PlutoChain ($PLUTO) is emerging as a promising solution to Bitcoin’s scalability issues with its hybrid Layer-2 technology, offering rapid transaction speeds and EVM compatibility. Both projects highlight the evolving landscape of blockchain technology and investment opportunities.
read moreThailand Considers Approving Local Bitcoin ETFs to Boost Crypto Market
Thailand’s SEC is considering the approval of local Bitcoin ETFs, potentially giving the country a competitive edge in the region as Asia emerges as a crypto hub. This move contrasts with neighboring nations that have banned or not yet approved such investment products, positioning Thailand to attract more investment opportunities. The government’s openness to crypto signals a strategy to leverage the global market’s recovery and enhance local offerings.
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