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.
WeatherlyDive deep into the dynamic realm of cryptocurrencies with our expert analysis on DIGIFINEX, CRYPTOFI, AGIX, SATS, MATIC, CAKE, and the intriguing Coconut ChiCken(Coq). Explore the future trends and innovations shaping this exciting digital landscape.
AlexExplore how Elon Musk's views on Bitcoin and the upcoming halving event in 2024 are shaping the cryptocurrency landscape and impacting investor strategies.
BrianThe SEC's approval of 11 spot bitcoin exchange-traded funds (ETFs) marks a historic moment, allowing everyday investors access to bitcoin without direct ownership. Big names like BlackRock and Grayscale securing approval signal a significant shift, raising expectations for increased bitcoin investment and mainstream acceptance.
JoyIndia has heightened its crackdown on offshore crypto exchanges, leading Apple to remove apps of platforms like Binance and Bitfinex from its App Store within the country. Regulatory measures, including compliance notices and a 1% levy called Tax Deducted at Source (TDS), reflect India's commitment to enforcing crypto regulations, impacting both local and offshore exchanges.
JoyTron Founder Justin Sun is optimistic about global cryptocurrency acceptance, focusing on China's potential entry into Spot Bitcoin ETFs, while Hong Kong's Johnny Ng calls for swift implementation and enhanced virtual asset education.
JoyExplore Luno, the cryptocurrency investment app revolutionizing digital finance. Learn about its features, security, and global impact in our comprehensive guide.
KikyoEthereum co-founder Vitalik Buterin has proposed a 33% increase in the network's gas limit during a recent Reddit AMA, aiming to break a nearly three-year stagnation. The adjustment, if implemented, could enhance Ethereum's transactional capacity but raises concerns about heightened network risks, prompting the community to carefully weigh the potential benefits against security implications.
JoyExplore the recent developments in the Indian cryptocurrency market, including the removal of major crypto exchange apps from Apple's App Store and the evolving regulatory landscape.
MiyukiUnraveling the impact of Elon Musk's X on the SEC Twitter hack: A critical look at how a lack of two-factor authentication led to a surge in Bitcoin values.
WeatherlyDiscover Ripple Labs' major financial maneuver with a $285 million stock buyback, valuing the company at $11.3 billion. Understand the impact on investors, the market, and Ripple's future. Read our in-depth analysis of this significant event in the cryptocurrency industry and what it means for Ripple's growth and market position.
Brian