Metaplanet Acquires 1,005 Bitcoin, Issues $208M Bonds for Further BTC Buys
Metaplanet has bought 1,005 bitcoin (BTC) pushing its total stash of the largest cryptocurrency to 13,350 BTC. The Tokyo-listed hotelier also announced it is issuing 0% interest rate ordinary bonds worth $208 million to further enhance its bitcoin acquisition strategy. Metaplanet, is a known BTC HODLer, and is one...
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South Korea halts CBDC project as regulators prioritize won-backed stablecoin rollout
South Korea’s central bank digital currency project has been put on hold as the regulators turn their attention to fast-tracking the issuance of won-backed stablecoins. According to a Bloomberg report citing an unnamed Bank of Korea official, the central bank…...
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Bitcoin to New ATH, SEI & XRP Rally, Market Cycle Update & More!
Bitcoin Price Rebound Explained | XRP & SEI Pump | Where We Are in the Crypto Cycle Bitcoin is back near all-time highs — but is the rally real? This week, we unpack the dramatic rebound in BTC following de-escalation in the Middle East, massive buys from institutions like...
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3 Things That Could Impact Bitcoin and Crypto Markets in Week Ahead
US stock markets surged last week, with major indexes approaching all-time highs on the easing of tensions in the Middle East and rising hopes for a Federal Reserve rate cut later this year. Crypto markets were a little slower to react, remaining mostly flat over the past week and...
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Nobitex exchange begins restoring service after $90M exploit by pro-Israel hacker group
Nobitex exchange, Iran’s largest cryptocurrency platform, has begun restoring wallet access to users following a major exploit that resulted in more than $90 million in losses. The company issued an update on June 29 via X, outlining a phased recovery…...
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Maxwell hardfork goes live on BNB Chain mainnet — Here’s what you should know
BNB Chain is set to launch its most aggressive speed upgrade yet. To increase transaction throughput, improve validator performance, and enhance responsiveness, the network will implement the Maxwell hardfork on the mainnet on June 30. This will reduce block times…...
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Shiba Inu Whale Accumulation, ‘Inside Week’ Candle Offer Hope to SHIB Bulls
Signs of green shoots have emerged in the shiba inu SHIB market, with whale accumulation and an inside week candle suggesting a price recovery ahead. SHIB’s price has dropped nearly 27% to $0.00001160 since mid-May, hitting a 16-month low of $0.00001005 at one point, according to data source TradingView....
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Pepe Leaps Ahead Of Dogecoin, Shiba Inu Sunday Night: Analyst Expects ‘Jackpot July’ For Frog-Themed Crypto
Pepe (CRYPTO: PEPE) led the meme coin gains Sunday night as the broader cryptocurrency market capped the week on a high. What happened: The Ethereum (CRYPTO: ETH)-based cryptocurrency popped over 6% over the last 24 hours, with trading volume exploding by 120%. In doing so, PEPE outgained meme heavyweights...
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Bitcoin Investors Faced Mortgage Hurdles Due to Crypto-Tied Assets, Says Cathie Wood: ‘Won’t Be Surprised’ If They Were To Shift Some Of Their BTC To Coinbase
Seasoned investor Cathie Wood said Saturday that Bitcoin (CRYPTO: BTC) holders may not hesitate to shift their holdings to a centralized cryptocurrency exchange to avail home loans. What Happened: Wood, the CEO of ARK Invest, was responding to an X user who suggested that Bitcoin holders, who typically self-custody their...
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IRS Intensifies Scrutiny Of Crypto With Surge In Warning Letters
As crypto prices see a new rebound with Bitcoin (BTC) leading the pack, US investors are not only anticipating significant returns on BTC and other digital assets but also facing increased scrutiny from the Internal Revenue Service (IRS). Recent reports indicate that the Internal Revenue Service has dispatched a...
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