Metaplanet, a Japanese firm known for its aggressive Bitcoin accumulation strategy, has announced plans to raise approximately $880 million through an overseas share issuance.
XingChiThe UAE has built a Bitcoin reserve of around 6,300 BTC, worth up to $740 million, mainly through state-backed mining. This makes it one of the largest national holders, ranking just ahead of El Salvador.
AnaisA Philippine lawmaker has proposed that the central bank buy 2,000 bitcoins each year for five years, creating a national reserve of 10,000 coins. The plan aims to strengthen the country’s finances and provide a long-term store of value alongside traditional reserves like gold and foreign currency.
WeatherlyJapan plans to tax crypto profits at a flat 20% instead of rates as high as 55%. The regulator also aims to allow crypto ETFs and approve the country’s first yen-backed stablecoin.
AnaisArthur Hayes, the BitMEX co-founder pardoned by Donald Trump, has invested in a stem cell firm with clinics in Mexico and Bangkok. He is also backing crypto treasury firms while warning that the market may already be overheating.
WeatherlyA Pennsylvania lawmaker has put forward a bill to stop politicians and their families from owning or trading crypto while in office. The plan follows claims that Donald Trump has used his role to profit from tokens like his own memecoin.
WeatherlyBitcoin has retraced below $117,000 after reaching an all-time high last week, signaling a pause in upward momentum and growing caution among investors.
XingChiDutch cryptocurrency company Amdax is preparing to launch one of Europe’s most ambitious Bitcoin strategies yet: creating a dedicated Bitcoin treasury firm, seeking a listing on Amsterdam’s Euronext, and ultimately aiming to acquire 1% of the total Bitcoin supply.
XingChiThe SEC has delayed decisions on several crypto ETFs, including Bitcoin, Ethereum, Solana, XRP, Litecoin, and Dogecoin, pushing most deadlines into October. Regulators are working on new listing standards that could allow faster approvals of altcoin ETFs once rules are finalised.
WeatherlyTaiwan’s WiseLink led a $10 million funding round for Nasdaq-listed Top Win International, helping the company buy Bitcoin and expand into digital assets. The deal makes WiseLink the first public Taiwanese firm to back a Bitcoin treasury strategy and aims to combine crypto holdings with cross-border business operations.
WeatherlyCoinbase lists KARRAT altcoin on Ethereum network, with trading to commence upon meeting liquidity conditions. Users cautioned about potential scams and high volatility. Despite risks, Coinbase's move highlights commitment to diverse asset offerings.
Xu LinIn response to a market downturn, a cryptocurrency whale swiftly sold its entire Lybra Finance (LBR) holdings, triggered by a 'stop-loss' mechanism. The quick disposal resulted in a negative ROI of -28.2%, amounting to a loss of 38.5 ETH or approximately $85,300 within a two-month period. The market crash, particularly a 12% drop in LBR's value, prompted the activation of the stop-loss function, leading to the strategic divestment of all LBR holdings by the whale.
BerniceCrypto trader Altcoin Sherpa expresses bullish sentiment on Stacks (STX), with an entry point around $1.75, anticipating significant upside. The analyst also notes an uptrend for The Sei Network (SEI), suggesting consolidation around $0.58. For Bonk (BONK), potential upward movement is anticipated, with price targets at $0.0000163 and $0.0000180ish. Altcoin Sherpa's analysis provides insights for traders in the altcoin space within the Bitcoin ecosystem.
Huang BoEthereum's ImmutableX (IMX) surges 20% as a crypto whale withdraws $9.6 million from Binance. SATS (Ordinals) sees a 120% boost post-Binance listing. HashKey-related wallet deposits $38.1 million in Ethereum on Binance, incurring a $2 million loss.
Huang BoCoinbase's latest addition of Bonk to its listing roadmap has influenced a surge in the Memecoin's price. However, caution is advised, as inclusion in the roadmap doesn't guarantee listing, and Bonk's market performance is subject to the volatile nature of the crypto market.
Xu LinKuCoin's strategic investment in the surprise altcoin ecosystem aims to foster the growth of the TON ecosystem. This partnership, marked by a significant grant and support for mini-applications, reflects a shared vision for a decentralized digital future.
SanyaEthereum-based altcoin Tellor has taken the spotlight with a remarkable surge, soaring over 1,000% in just three months and reaching an impressive $131.
JasperTop 10 altcoins beyond Bitcoin, including Ethereum, Binance Coin, XRP, Cardano, Dogecoin, Solana, Tron, Litecoin, Polygon, and Polkadot.
SanyaAltcoin season is a phenomenon that excites investors in the crypto market. It often means a period of multiple gains ...
BitcoinistSmall cap altcoins have always been the biggest winners when it comes to a bull market. This is because they ...
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