Metaplanet`s shares rose after announcing another Bitcoin purchase. The company now holds 141.07 Bitcoin worth approximately $1.59 million. Continue Reading: Metaplanet Increases Bitcoin Holdings Again
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India Blockchain Month 2024 Kicks Off Yesterday with 50+ Events Across 15 Cities
New Delhi, Delhi – 03/12/2024 — India Blockchain Month (INBM) 2024, the most extensive celebration of blockchain technology in India’s history, is underway! The INBM Delhi Conference, held yesterday at The Ashok Hotel, marked the beginning of this month-long event spanning 15 cities across India. INBM features over 50 events designed to empower individuals, businesses, and communities to harness the transformative power of blockchain. The INBM Delhi Conference kicked off with a dynamic panel discussion on “India’s Web3 Landscape – Opportunities and Challenges.” Moderated by Captain Ajay Ahlawat, COO of BlockOn Ventures, the panel featured insights from Ashwin Nandapurkar (EX-Fusion Inc.), Samarth Bhardwaj (Nextus Exchange), Thiruvengadam Pillai (Peerhive), Alekh Johari (Anemoi Solution), and Vedang Vatsa (Hashtag Web3). The discussion explored key trends, opportunities, and challenges facing the Indian blockchain ecosystem. In Picture, panel discussion on “India’s Web3 Landscape – Opportunities and Challenges.” Moderated by Captain Ajay Ahlawat, COO of BlockOn Ventures, the panel featured insights from Ashwin Nandapurkar (EX-Fusion Inc.), Samarth Bhardwaj (Nextus Exchange), Thiruvengadam Pillai (Peerhive), Alekh Johari (Anemoi Solution), and Vedang Vatsa (Hashtag Web3) Following the panel, Petr Liberland, President of Liberland, delivered an enriching keynote address on “Building a Country for the 21st Century,” sharing his vision for a nation built on blockchain principles. In Picture, Petr Liberland, President of Liberland, delivered an enriching keynote address on “Building a Country for the 21st Century” The afternoon session featured an insightful fireside chat on “Crypto Regulations and India” with Varun Sethi, Blockchain India Lawyer, and Avinash, CEO of Pi42, a leading derivatives platform in India. The discussion provided valuable perspectives on the evolving regulatory landscape and its impact on the Indian crypto industry. In Picture, fireside chat on “Crypto Regulations and India” with Varun Sethi, Blockchain India Lawyer, and Avinash, CEO of Pi42 INBM 2024 builds on the success of the previous India Blockchain Week events held in 2022 and 2023. These events, hosted by BlockOn, featured industry leaders like Vijay Shekhar Sharma (Paytm CEO), Manoj Tiwari (Member of Parliament), and Subhash Chandra Garg (former Finance Secretary), whose insights and expertise paved the way for INBM’s expansion. INBM 2024 is the world’s first blockchain month, a testament to India’s growing prominence in the global Web3 landscape. The event will bring blockchain education and innovation to all corners of India with a diverse range of conferences, hackathons, workshops, and networking sessions. INBM is collaborating with over 20 organizations across India to foster community building and local engagement. BlockOn has been curating exclusive Web3 experiences since 2017, hosting over 140 events with 65,000+ attendees and 2,300+ speakers. BlockOn’s initiatives include GLOBLA, Web3Preneur, Women.Web3Preneur, IOV2055, and Sanctuary. To date, BlockOn has partnered with over 200 organizations and collaborated with over 150 media partners, solidifying its position as a leader in the Web3 space. Key Sponsors and Partners INBM 2024 is supported by leading organizations in the blockchain space, including NuChain, Nextus, Ledger, and Pi42. Featured Events Across India INBM 2024 will host a diverse range of events across India. The Women.Web3Preneur – Delhi Edition and INBM Delhi Conference successfully concluded yesterday. Bangalore will host a series of events, including the Ledger 10-Year Anniversary Tour, The Bitcoin Breakout Party, Web3Preneur, I RWA, IOV2055 Symposium, and Women.Web3Preneur – Bengaluru Edition, as well as an I Hackathon. Goa will host a Web3Preneur event and I RWA. Kolkata and Mumbai will also have their own Web3Preneur events. Chandigarh will round out the Web3Preneur series. The I Hackathon series will make stops in Indore, Chennai, Bhubaneswar, and Pune. The INBM journey has just begun! With events planned throughout December, including flagship conferences in Delhi and Bangalore, the blockchain revolution is sweeping across 15 cities in India. Don’t miss your chance to be a part of this historic movement. Register now and shape the future of Web3 in India! Contact for sponsorship/partnership: Avni — Head of Events, BlockOn Avni@blockonventures.com +91 91 671 026 02 About BlockOn Blockon Ventures, is a pioneer in the blockchain and crypto events space since 2017 with a proven track record of organizing successful events such as India Blockchain Week, Malaysia Blockchain Week, and Thailand Blockchain Week. As a leading force in Asia’s dynamic Web3 landscape, Blockon Ventures has orchestrated over 125+ events in 10+ countries, bringing together a community of 70,000+ attendees, 2,500+ influential speakers, and backed by 700+ supportive sponsors and 125+ leading media outlets including Forbes, Entrepreneur, CNN, and Bloomberg. About Nuchain NuChain offers best-in-class Blockchain technology for Public and Private Enterprises including Governments and Corporations. We offer a developer-friendly, plug-and-play platform that enables Industry and the Governing bodies full exploitation of Blockchain’s enormous potential. About Web3Preneur Web3preneur, a BlockOn initiative, is redefining networking within the Web3 space. Born as a series of premium side-events alongside major conferences like Token2049 Singapore, ETH Dubai, and more, Web3preneur is known for its unique “stage-less, speaker-less, no-frills” format. This approach encourages meaningful conversations and genuine connections among a curated group of 100 industry leaders, investors, and entrepreneurs. Through our series of curated events, we bring together the brightest minds and most innovative projects in the decentralized world CoinTurk News
South Korea’s Crypto Trading Volumes Skyrocket, Surpassing Stock Market Activity
South Korea retail trading volumes for cryptocurrencies surged to an impressive $18 billion within 24 hours, outpacing the nation’s stock market by 22%. According to a December 2 report by 10x Research, this marked the second-highest trading day of the year for crypto in South Korea, driven by retail investors’ interest in high-momentum altcoins. Ripple’s XRP emerged as the star of the day, recording over $6.3 billion in trading volumes. Other prominent tokens included Dogecoin (DOGE) at $1.6 billion, Stellar (XLM) at $1.3 billion, Ethereum Name Service (ENS) at $900 million, and Hedera (HBAR) at $800 million. The report highlights that these volumes reflect retail traders’ propensity to capitalize on short-term momentum, amplifying trends and injecting fresh enthusiasm into the market. Interestingly, these altcoins, often referred to as “dino coins” by crypto enthusiasts, have delivered remarkable returns in recent weeks. XRP has soared by 90%, ENS by 73%, and HBAR by a staggering 168%, outperforming broader market trends. XRP Rally Redefines Market Rankings Ripple’s XRP is at the forefront of South Korea’s crypto frenzy, setting a new yearly high of $2.80 on December 2. This impressive performance has propelled XRP to surpass Solana (SOL) and Tether (USDT) in market capitalization, making it the third-largest cryptocurrency globally. According to TradingView data, XRP’s price has climbed from $0.50 in early November, reflecting an extraordinary rally over just one month. The report’s author, Markus Thielen, attributes the surge to altseason dynamics—a market phase characterized by significant interest and trading activity in alternative cryptocurrencies, overshadowing Bitcoin. Thielen observed that Bitcoin’s funding rate, a metric often linked to perpetual futures activity, was “relatively mild” at 15% annualized, further signaling the shifting focus toward altcoins. “This divergence between subdued Bitcoin activity and skyrocketing altcoin trading volumes underscores the importance of strategic discipline in navigating the altcoin market,” Thielen noted. Market Implications of High Trading Volumes The surge in crypto activity reflects a growing appetite among South Korean retail investors for altcoins, particularly those with high volatility and potential for rapid gains. However, experts caution against over-leveraging during such momentum-driven phases, urging traders to remain cautious. As South Korea continues to lead in retail crypto engagement , the market dynamics are likely to fuel discussions about regulation and innovation within the country’s burgeoning cryptocurrency landscape. For now, the spotlight remains firmly on altcoins, with traders riding the wave of an explosive altseason. The post South Korea’s Crypto Trading Volumes Skyrocket, Surpassing Stock Market Activity appeared first on TheCoinrise.com . CoinTurk News