Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 1,088 BTC as part of its ongoing Bitcoin Treasury Operations. The latest purchase was made at an average price of 15,519,019 yen per bitcoin, totaling approximately 16.885 billion yen. With … Read more
As Solana (SOL) gains traction, traders are eyeing a potential rally following recent bullish signals in the market. Solana’s Open Interest surged recently, indicating increased speculative interest among traders. Current price action shows signs of a divergence, suggesting the possibility of a market recovery. Solana [SOL] has experienced heightened investor sentiment, evident from its Open … Read more
Japanese investment company Metaplanet has become the world’s ninth-largest corporate holder of Bitcoin, continuing its aggressive strategy to promote Bitcoin adoption across Asia. The company acquired an additional 1,088 Bitcoin (BTC) at an average price of $108,400 per coin for a total of $117.9 million, the investment firm announced in a June 2 X post. … Read more
Singapore mandates all unlicensed crypto firms to stop serving overseas clients by June 30, 2025, with no transitional period allowed. Companies must meet strict DTSP licensing standards, including local leadership and compliance, to continue operating legally in Singapore. Singapore no longer gives room for local crypto companies that do not have official permits. The Monetary … Read more
Key takeaways: The emergence of a bear flag on the four-hour chart projects a Bitcoin price drop to $97,000. Traders say BTC price may drop as low as $85,000 if key support levels are broken, including the $100,000 psychological level and the yearly opening at around $92,000. Bitcoin’s (BTC) price is forming a classic bearish … Read more
The early days of June revealed signs of stirring activity within the digital currency market, with Bitcoin’s exchange supply dwindling at an accelerated rate. This sharp reduction has driven Bitcoin’s price to an unprecedented peak of $111,000 before retracting to approximately $104,000. Despite this decline, it sets the stage for altcoins to seize potential gains … Read more
Japanese companies increased their capital spending in the first quarter of this year, even as new American tariffs bit into some crucial imports. The trend suggests resilient domestic demand and business confidence despite trade tensions worldwide. Capital spending, excluding software, rose 6.4% from a year ago, the Ministry of Finance of Japan said. That was bigger … Read more
The Agricultural Bank of Russia is considering crypto-based tools as an alternative to traditional settlement methods for exporting over 49.5 million tonnes of grain. This measure could open the agricultural commodities market to digital assets, pioneering this use case. Russia Mulls Crypto Settlements for Grain Exports Russia is increasingly open to crypto adoption. The Russian … Read more
Bitcoin and AI tokens were beaten by Ethereum, which had a 46% monthly gain, beating all other major crypto sectors. ETH fee burns throughout the space topped at $22.4 million, with Uniswap and Metamask accounting for the majority of that. DeFi activity remains strong, growing in wallets, exchanges, and infrastructure apps. Ethereum’s momentum remains bullish, … Read more
Online marketplace pioneer and Bitcoin OG Ross Ulbricht has received millions of dollars in BTC donations following his first public appearance since being released from prison. According to blockchain tracking firm Lookonchain, Ulbricht received 300 BTC, worth about $31.4 million, to his donation wallet early on Sunday. Arkham data suggests that most of the coins … Read more