Metaplanet has unveiled a bold strategy to raise 555 billion yen ($3.5 billion) through Bitcoin-backed preferred shares, accelerating its journey toward holding 210,000 BTC by 2027 – equivalent to approximately 1% of Bitcoin’s total supply. The issuance comprises two distinct… Read More »Metaplanet Aims for 1% of Bitcoin Supply with $3.5 Billion Preferred Share Offering
Binance experienced a significant net outflow of 59.24 million USDT within 24 hours, marking a 15% increase from the previous day’s activity. This substantial movement of the dominant stablecoin may signal shifting market dynamics and heighten risks of short-term price… Read More »Binance Sees Major USDT Outflow Amid Market Volatility Concerns
Cboe’s BZX Exchange and NYSE Arca have submitted proposals to the U.S. Securities and Exchange Commission (SEC) to eliminate the individual 19b-4 approval requirement for cryptocurrency exchange-traded funds (ETFs). This initiative targets regulatory efficiency by establishing a standardized listing framework,… Read More »Cboe and NYSE Arca Propose Rule Changes to Streamline Crypto ETF Listings
Cryptocurrency exchange Kraken is advancing toward a public listing targeting a valuation surpassing $15 billion, with plans to raise $100 million by year-end. This major corporate milestone has intensified scrutiny of Ripple-associated token XRP, driven by persistent regulatory uncertainties emphasized… Read More »Kraken IPO Plans Amplify Spotlight on XRP Regulatory Risks Amid $15B Valuation Bid
The Town Star token ($TOWNS) is set for imminent listing on the Bybit cryptocurrency exchange’s spot market, expanding its trading accessibility. Details regarding the exact listing date and trading pairs will be released by Bybit shortly. Investors and traders interested… Read More »Town Star Token ($TOWNS) to List on Bybit Spot Exchange
On-chain analyst Ai Yi incurred an unrealized loss of $1.645 million after acquiring 5,073.16 Ethereum (ETH) at a significant premium. The transaction executed at $3,958 per ETH – $37 above prevailing centralized exchange (CEX) rates – resulted in immediate negative… Read More »Analyst Ai Yi Faces $1.645M Unrealized Loss After Premium Ethereum Purchase
El Salvador’s legislature passed sweeping constitutional reforms, eliminating run-off elections and extending presidential terms, through a decisive 57-3 vote orchestrated by President Nayib Bukele’s New Ideas party. The changes unfold against persistent warnings from critics who cite risks of democratic… Read More »El Salvador Advances Constitutional Reforms While Bolstering Bitcoin Policy
Ethereum commemorates a significant milestone, achieving ten years of continuous, flawless network uptime. This remarkable reliability record was accomplished alongside successfully implementing 18 major protocol upgrades, including landmark transitions such as the Merge and the recent Pectra enhancement. Ethereum co-founder… Read More »Ethereum Celebrates Decade of Flawless Operation, Gains Traction as Corporate Treasury Asset
Binance has included TOSHI in its selection of alpha projects, according to an official update posted on the cryptocurrency exchange’s Telegram news channel. The announcement positions TOSHI among emerging blockchain projects being monitored by one of the industry’s largest trading… Read More »TOSHI Added to Binance Alpha Projects in Telegram Announcement
Dogecoin is exhibiting strong technical bullish signals including a Golden Cross formation and an emerging Elliott Wave 3 pattern, setting the stage for a potential rally toward $0.3763. This technical convergence suggests accelerating upward momentum if current resistance levels are… Read More »Dogecoin Technical Patterns Signal Bullish Momentum with $0.3763 Target
Bitcoin has completed a notable technical milestone by filling the July CME futures gap at $114,322, eliminating a significant pricing void on the futures chart. This development presents mixed market signals for traders assessing BTC’s next directional move. The $116,000… Read More »Bitcoin Fills July CME Futures Gap at $114,322 With $116,000 as Key Resistance
Indonesia secured $6.97 million in cryptocurrency tax revenue during the first half of 2024, driven by increased investor adoption and regulatory enforcement efforts. Revenue growth reflects the expansion of digital asset activities among local traders. Starting August 2024, the government… Read More »Indonesia Records $6.97M Crypto Tax Revenue in Early 2024, Raises Overseas Platform Rates to 1%
Indonesia has witnessed a substantial surge in tax revenue derived from cryptocurrency transactions, reaching 62 billion rupiah this year. This significant increase marks a jump from the 22 billion rupiah collected the previous year. The growth is attributed to recent… Read More »Indonesia’s Cryptocurrency Tax Revenue Skyrockets to 62 Billion Rupiah Amid Regulatory Overhaul
A substantial transfer of 40 million USDT (Tether) was observed moving from an unidentified wallet to the cryptocurrency exchange Binance. Transfers of this magnitude involving stablecoins often garner significant attention as potential indicators of imminent market moves or trading strategies.… Read More »Large USDT Transfer to Binance Sparks Market Activity Speculation
Research firm Matrixport predicts Bitcoin may enter a consolidation phase during the coming months of August and September 2025, citing historical seasonal weakness and evolving U.S. fiscal policy as key contributing factors. Historically, August and September have proven challenging periods… Read More »Matrixport Forecasts Bitcoin Consolidation Amid Seasonal Weakness and Fiscal Uncertainty
Seven prominent asset managers, including Bitwise, Fidelity, and VanEck, have submitted amended S-1 registration statements to the U.S. Securities and Exchange Commission (SEC) for proposed spot Solana exchange-traded funds (ETFs). These filings represent a significant step toward potential regulatory approval.… Read More »Major Asset Managers Submit Revised Filings for Spot Solana ETFs
Shiba Inu (SHIB) has decisively broken below its 50-day Exponential Moving Average (EMA) positioned near $0.00001223, triggering renewed bearish momentum across markets. This technical breakdown signals potential continuation of the current downtrend and opens pathways for further price depreciation. The… Read More »Shiba Inu Breaches Critical Technical Support as Bearish Signals Intensify
Blockchain infrastructure provider Intchains has announced a strategic partnership with digital asset prime broker FalconX. The collaboration aims to optimize Intchains’ Ethereum (ETH) treasury management, targeting significantly higher annualized yields reaching up to 10%. The core strategy employs derivatives-based approaches… Read More »Intchains and FalconX Partner to Boost Ethereum Treasury Yields with Derivatives
British fintech firm Valereum Plc has launched a £500,000 fundraising initiative to establish a Bitcoin treasury reserve and support business expansion. The company will issue approximately 16.12 million new shares priced at 3.1 pence each across two phases: a £400,000… Read More »Valereum Plc Raises £500,000 for Bitcoin Treasury Expansion Despite Share Decline
Binance Alpha will list the MOMOFUN (MM) token on August 3, enabling users to gain early access to curated cryptocurrency projects through seamless on-chain trading. The initiative aims to democratize early-stage investment opportunities by providing exposure to pre-vetted initiatives within… Read More »Binance Alpha to List MOMOFUN (MM) for Early Access to Vetted Crypto Projects