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.
WeatherlyThe Mt. Gox repayment event is not only an affirmation of the creditors' long-term struggle, but also an important sign of the gradual maturity of the Bitcoin industry.
JinseFinanceMt. Gox's wallet activities signal major repayments, impacting Bitcoin's market price.
BerniceOn July 22, the Mt.Gox wallet address changed again.
JinseFinanceKraken confirmed receiving Mt. Gox’s BTC and BCH funds for creditors, expecting payouts in 7-14 days. Mt. Gox transferred $5.8 billion in Bitcoin to undisclosed addresses, affecting market dynamics with Bitcoin’s price briefly dropping to $63,500.
ZeZhengMt Gox starts moving Bitcoin, signalling potential repayments to creditors.
Huang BoMt. Gox is set to repay nearly $9 billion starting in July, which may not depress the price of bitcoin, but could spell trouble for bitcoin cash.
JinseFinanceMt. Gox will begin repaying its users in Bitcoin and Bitcoin Cash in July 2024, giving priority to exchanges that have completed the required information exchanges.
ZeZhengMt.Gox’s repayment plan could ripple through the BTC market, raising some worrisome questions.
JinseFinanceTo mark the 10th anniversary of the collapse of Bitcoin exchange MtGox, Mark Hunter, author of The Ultimate Catastrophe: How MtGox Lost $5 Billion and Nearly Killed Bitcoin, addresses questions that remain unanswered a decade later.
JinseFinance
Finbold