Japan-based investment firm Metaplanet is eyeing a 555 billion yen ($3.7 billion) capital raise as part of its “Bitcoin Strategy,” which aims to accumulate 210,000 Bitcoin (BTC) by the end of 2027, the company announced today. Metaplanet Seeks $3.7 Billion Raise To Buy More BTC According to the announcement, Metaplanet plans to raise $3.7 billion…
Bitcoin (BTC) is facing renewed downward pressure as it struggles to maintain levels above $115,000. At the time of writing, the cryptocurrency is trading around $115,745, down approximately 2.2% in the past 24 hours and nearly 6% below its July all-time high of $123,000. The latest market movement has raised questions about short-term price stability,…
The cryptocurrency market faced a severe correction on August 1, 2025, with over $700 million in liquidations recorded in just 24 hours across Bitcoin and other major assets. According to Coinglass, long positions accounted for $707 million, highlighting the brutal wipeout of bullish bets across Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), Dogecoin (DOGE),…
In a new letter, a trio of Senate Democrats has pressed the new head of the Office of the Comptroller of the Currency (OCC) about the US President’s crypto ventures and a potential conflict of interest related to the Trump family’s stablecoin, USD1. Senators Question Banking Regulator On Thursday, three Democratic senators sent a letter…
Data shows the cryptocurrency derivatives market has seen more than $700 million in long liquidations as Bitcoin and altcoins have plummeted. Bitcoin Price Just Made A Low Under $115,000 Bitcoin and the wider cryptocurrency market has witnessed a wave of bearish momentum during the past day as prices across the coins have declined. BTC went…
Bitcoin (BTC) is navigating a period of heightened uncertainty as its price struggles to regain upward momentum following recent declines. Over the past 24 hours, the world’s largest cryptocurrency recorded a dip to $114,326 before slightly recovering above the $115,000 mark. Despite this rebound, the asset remains under pressure, with recent market movements highlighting potential…
The global crypto market took a sharp downturn on August 1, dropping nearly 6% in 24 hours, as investor sentiment soured amid escalating U.S.–China trade tensions and uncertain Federal Reserve policy. The sell-off wiped billions from crypto valuations, with Bitcoin falling to $114,322 and over $577 million in long positions liquidated, according to CoinGlass data….
The United Kingdom’s Financial Conduct Authority (FCA) has announced plans to lift its current restrictions on retail access to crypto exchange-traded notes (cETNs), opening up a segment of the digital asset market previously reserved for professional investors. This decision marks a significant policy shift as the regulator seeks to balance consumer protection with growing demand…
Bitcoin (BTC) has continued to face resistance below the $120,000 level, with price action showing little momentum to push the asset toward a new high. At the time of writing, the world’s largest cryptocurrency is trading above $118,000, reflecting a slight pullback of around 3.6% from its most recent all-time high. With the asset still…
The International Monetary Fund (IMF) used a July 31 staff blog to say the quiet part out loud: Bitcoin now belongs inside the world’s core economic statistics. The post—timed to the UN Statistical Commission’s approval of the updated System of National Accounts (SNA)—states that “Bitcoin, for example, has a tangible economic impact, including because it…