Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Check out the BitPinas Token 2049 Coverage Here Digital asset treasury firm Bitmine Immersion Technologies will halt its ether purchases after reaching a hard cap of 5% of the cryptocurrency’s circulating supply, company Chairman Tom Lee announced during the TOKEN2049 conference. The Nasdaq-listed company currently holds 6 million ether, representing roughly 4.9% of the network’s total supply, and needs to acquire approximately 100,000 additional tokens to hit the ceiling. Speaking in Singapore, Lee stated that the decision to cap accumulation …
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The company’s bitcoin buys were gradually declining over the past month, until they completely disappeared. While Matt Cole’s Strive just executed its single-largest bitcoin …
Franklin Templeton has moved closer to launching two exchange-traded funds that would invest in U.S. stocks and reinvest dividends into Bitcoin exposure, with new regulatory …
