Mega Matrix enters cryptocurrency space; purchases 12 BTC worth $1.27 million
By Shubhangi Chowdhury
Streaming company Mega Matrix has officially entered the cryptocurrency space with the purchase of 12 Bitcoins, totaling approximately $1.27 million. The company announced this purchase on Wednesday at an average price of approximately $105,554 per bitcoin, including fees and expenses, since the end of May.
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Read MoreBest corporate bond mutual funds to invest in June 2025
Are you planning to invest in relatively-safe debt schemes to take care of your near-term goals? Or are you searching for ‘relatively safe’ debt funds to invest for three years or more? If your answer is yes, you can consider investing in corporate bond funds in June 2025.
These schemes invest at least 80% of their corpus in the papers of the highest-rated companies.
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Read MoreLarry Summers Calls Trump Tariffs a ‘Self-Inflicted Wound’ on US Economy
The Trump administration’s tariffs are proving to be a “self-inflicted wound” for the U.S. economy, according to former Treasury Secretary Larry Summers.
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Read MoreSydney Uni told to ditch defence and security from investments
Sydney University should divest itself of revenue-earning interests in the defence and security space and make human rights the foundation of all decisions, according to an external review of its investment strategy.
The review, initiated by Sydney University vice chancellor Mark Scott during pro-Palestinian encampments last year, recommends the university immediately offload assets that produce revenue from the government’s Defence and Strategic Goods List,
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Read MoreThe Burst
Is This Crypto The Next Ethereum?
Bitcoin (BTC) and Ethereum (ETH) still stand out as the two most popular cryptocurrencies. For years, Bitcoin was the only option for investors interested in the benefits of non-fiat currency. Ethereum is the only crypto that has come close to dethroning BTC. Now, there’s a chance that Solana (SOL) could emerge as a new contender.
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Read MoreThe Ivy
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Investment Alert: Buy at breakout points described below.
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
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