One of the largest investment companies in the world with more than $2.3 trillion in assets under management, Los Angeles-based Capital Group has become one of the biggest shareholders in Metaplanet. Based in Japan, Metaplanet was a hotel industry investor that’s become notable over the past year for its bitcoin (BTC) treasury strategy modeled along […]

Bitcoin (BTC) started the new week on a negative note as major investment banks reassessed their expectations for Federal Reserve (Fed) rate cuts following Friday’s strong jobs report. The leading cryptocurrency by market value dipped below $93,000 during the European hours, representing a 1.6% drop on the day, according to data source CoinDesk. Prices looked […]

As bitcoin (BTC) wobbles around the $90,000-$95,000 area, down more than 10% from its all-time high touched a bit less than four weeks ago, a contrast is growing between traders — whose technical analysis tools show the top cryptocurrency may be due for another plunge — and long-term investors who believe the bull run is […]

Usual Protocol, an up-and-coming decentralized finance (DeFi) protocol that has seen a remarkable rise over the past months, faced community backlash on Friday after a tweak in the protocol’s yield-generating token triggered a sell-off on secondary markets. Amid the turmoil, the protocol’s USD0++ token, which represents a locked-up – or staked – version of its […]

The U.S. renewable energy industry is in an odd position. Large-scale projects, like SunZia, the southwestern wind turbine project that is expected to provide enough electricity to power three million homes, are funded with relative ease thanks to long-established relationships with financial giants. Meanwhile, small-scale installations such as solar panels on one’s rooftop are becoming […]