Japanese Investment Firm Metaplanet Acquires $6.25 Million in Bitcoin

Japanese Investment Firm Metaplanet Acquires 6.25 Million in Bitcoin

Revolutionizing the financial world, Metaplanet Inc. has taken a bold step towards embracing the future of currency by investing a whopping ¥1 billion ($6.25 million) in Bitcoin. Following in the footsteps of industry leader MicroStrategy, Metaplanet’s decision has sent shockwaves through the market and sparked excitement among investors. This strategic move by the Japanese powerhouse … Read more

CryptoQuant: Bitcoin Traders Pause Leveraged Bets Amid Market Uncertainty

CryptoQuant Bitcoin Traders Pause Leveraged Bets Amid Market Uncertainty

Bitcoin’s Funding Rate Plummets to Record Low, Signaling Potential Market Shift According to CryptoQuant’s data, the perpetual futures market is experiencing a concerning trend – traders are paying a negative rate to open new long positions. This highlights a decrease in demand for Bitcoin, which is a stark contrast to the record-breaking demand seen in … Read more

Bitcoin Drops, Gets Huge Rejection from $68,000: More Losses to Come?

Bitcoin Drop

Bitcoin’s current trading position is causing a stir, with the daily chart showing a downward trend. Despite a glimmer of hope earlier this week, the post-Halving crash has sent prices plummeting. The sharp decline is a clear indication that the coin faced a fierce rejection from its peak on April 13th and the middle BB. … Read more

Bitcoin whales gathered 266k BTC since January: Santiment

Bitcoin whales gathered 266k BTC since January Santiment

Since the beginning of 2024, significant players in the world of Bitcoin have been quietly accumulating an additional 266,000 BTC, steadily increasing their holdings. According to the experts at Santiment, this digital currency is currently worth a whopping $17.5 billion. But that’s not all – brace yourself for the revelation that the top players, known … Read more

Grayscale announced spin-off Bitcoin ETF with lowest industry fee

Grayscale announced spin-off Bitcoin ETF with lowest industry fee

Introduction Of Bitcoin Mini Trust (BTC) Amidst a tumultuous period of massive capital outflows, Grayscale has decided to shake things up. The renowned company is gearing up to release a brand new Bitcoin exchange-traded fund (ETF) that promises to revolutionize the market with its unbeatable fees. This bold move comes as Grayscale strives to combat … Read more

All is quiet on the Bitcoin ETF front – is it a concern?

All is quiet on the Bitcoin ETF front – is it a concern

Ever since its debut in January, the introduction of spot Bitcoin ETFs has sent shockwaves through the market, causing major ripples in the crypto world. This groundbreaking development has left even the biggest players, like Grayscale, scrambling to adapt to the new landscape. Once a dominant force in the world of cryptocurrency, Grayscale’s Bitcoin Trust … Read more

STX and MSTR are excellent Bitcoin (BTC) leverage plays

STX and MSTR are excellent Bitcoin (BTC) leverage plays

From the depths of the conventional and digital markets emerge two contenders, a stock (MSTR) and a cryptocurrency (STX), poised to surpass the reigning champion, bitcoin, during the remainder of this bullish season. Both $STX And $MSTR Could Outperform $BTC Who would have thought that a cryptocurrency and a stock market giant would make such … Read more

Bitcoin (BTC) is on a bullish run: Buy or sell?

Bitcoin (BTC) is on a bullish run Buy or sell

The crypto market is buzzing with nerves and a palpable sense of fear as investors brace themselves for potential tit-for-tat strikes between Israel and Iran. As the tension rises, Bitcoin seems to be taking a downward turn, riding the wave of bearish sentiment. But don’t be fooled, because beneath the surface, a bullish bull flag … Read more

Despite SEC claims, Uniswap trading volume has reached up to $3 billion

Uniswap trading volume

Uniswap’s decentralized exchange has been buzzing with a staggering $3 billion in daily trading volume this past week Uniswap, the leading decentralized exchange, has been making waves in the crypto world. Despite facing potential legal challenges from the U.S. SEC, Uniswap has managed to maintain its impressive average daily trading volume of $3.08 billion from … Read more

Bitcoin dominance returns to 2021 high as ETFs boost

Bitcoin ETFs boost

Bitcoin reigns supreme in the world of cryptocurrencies, soaring to a three-year high fueled by a surge of interest in U.S. ETFs. According to CoinMarketCap, they make up a staggering 55% of the $2.4 trillion market. This is a level we haven’t seen since April 2021. And leading the pack is the king of all … Read more