Tokyo-listed investment firm Metaplanet has acquired another 555 Bitcoins for $53.4 million. The company disclosed the purchase on May 7, confirming an average price of $96,134 per coin. This latest move pushes Metaplanet’s total BTC holdings to 5,555, worth approximately $481.5 million at acquisition cost. *Metaplanet Issues 25 Million USD
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Bitcoin surged early Wednesday in Asia as renewed optimism over US-China trade negotiations lifted investor sentiment. The cryptocurrency climbed as much as 3.2% to reach $97,500 in Singapore trading before pulling back slightly. Ether, the second-largest digital asset, also saw a gain of 4.2% amid the broader market rally. The
In a world awash with information yet starved of clarity, conversations around money, value, and society have often tended to be of a highly binary nature, i.e., ones that lean either towards a bullish/bearish outlook or those that discuss utopian/dystopian scenarios. However, in the inaugural episode of VALR’s latest podcast
Shark Tank star Kevin O’Leary has dismissed the idea of a U.S. Strategic Bitcoin Reserve. Speaking during a debate with SkyBridge founder Anthony Scaramucci, O’Leary said the proposal “will never happen.” He cited a lack of bipartisan support and questioned the motives of Bitcoin advocates like Michael Saylor. The exchange
The Supreme Court of India has contrasted Bitcoin trading in India to a more lustrous form of Hawala on May 5. Talking about Hawala, it is an illegal money transfer system.The Court further condemned the Centre for not having clear rules for digital currency till now. As per the reports
Tether CEO Paolo Ardoino has sparked major interest in the crypto world with a teaser for Tether AI, a decentralized artificial intelligence infrastructure. Designed to supercharge Bitcoin and USDT transaction volumes, this innovation could redefine how decentralized applications operate in the blockchain space. In a recent X (formerly Twitter) post,
The US Spot Bitcoin exchange-traded funds (ETFs) have recently purchased around six times of Bitcoin produced in the past week. The Spot Bitcoin ETFs purchased around 18,644 BTC in the last week, when just 3,150 BTC were mined for that duration, as reported by HODL15Capital. The miners are allowed to
The gold investment market has experienced major changes because gold-backed cryptocurrencies have shown their highest minting volume in three years. However, central banks buy less gold. The precious metals market shows changing investor behaviour because of the current record gold prices. Digital Gold Gains Momentum as Institutional Demand Evolves The
Ethereum co-founder Vitalik Buterin has unveiled a vision to drastically simplify Ethereum’s core architecture over the next five years, drawing inspiration from Bitcoin’s minimalist approach. In a blog post titled “Simplifying the L1” published on May 3, Buterin emphasised that reducing complexity is key to enhancing Ethereum’s efficiency, security, and
