Metaplanet, also referred to as “Asia’s MicroStrategy,” added another 160 BTC worth $13.3 million to the Bitcoin stack. It appears that the Japanese firm is going all in on Bitcoin. The company acquired 696 Bitcoins worth $67.8 million on April 1st which made it the 9th-largest corporate holder of Bitcoin.
Cronos (CRO) is among the top three gainers today, surging 6.06% in the last 24 hours. The cryptocurrency now trades at $0.1062, with a market capitalization of $2.82 billion. Trading volume spiked 99.30% to $70.58 million, reflecting increased investor interest. The fully diluted valuation (FDV) stands at $10.62 billion, while
The crypto market showed a slight recovery yesterday as Bitcoin started to trade above the $83K price level. Overall market cap has also increased as major altcoins recorded considerable price surges. On the contrary, several altcoins and memecoins crashed severely yesterday. ACT stood out among the other altcoins that dropped
The U.S. Securities and Exchange Commission (SEC) and Gemini Trust have jointly filed a motion to pause their ongoing legal dispute over Gemini’s crypto lending program. The motion, which was filed on April 1, 2025, before the U.S. District Court for the Southern District of New York, calls for a
The global crypto market is attempting to recover as Bitcoin (BTC) climbs back to the $85K zone. Yet, the recent recovery efforts have fallen short, with major cryptocurrencies continuing to extend their losses. The meme coin sector has taken a big hit with many tokens slipping deeper into losses. Despite
In the last 24 hours, the crypto community rejoiced in a brief recovery in the market. Bitcoin is currently docked at the $84K level after testing a high of $85,466. Following this the altcoin sector also recovered modestly, sparking hope among investors. Meanwhile, the ETF market is seeing increasing activity
Stablecoin’s popularity is growing by the day as the pro-crypto US government is backing the assets, praising their potential. Stablecoins have unique applications in the crypto space as they are not susceptible to the volatile nature of cryptocurrencies. The Trump presidency recognized their capability and is taking initiatives to regulate
As XRP continues to trade around the $2 mark amid consecutive weekly declines, community members are encouraging each other to take advantage of lower prices to strengthen their positions. The cryptocurrency is currently changing hands at $2 range, down 13% over the past seven days, extending a downward trend that
Dogecoin (DOGE) has shown signs of short-term recovery, posting gains over the past 24 hours to reach $0.1722 despite experiencing significant declines in recent weeks. Market analysts are closely monitoring the meme cryptocurrency’s price movements, with several technical indicators suggesting DOGE may experience further volatility before potentially breaking out to
Metaplanet Inc., a Japanese investment firm, has acquired an additional 696 BTC through cash-secured put options. This purchase brings its total Bitcoin holdings to 4,046 BTC, worth approximately $340 million. The company has been aggressively expanding its Bitcoin treasury since adopting a BTC-focused strategy in April 2024. *Metaplanet Purchases Additional
