Metaplanet has launched its 10th Series of Ordinary Bonds in the amount of ¥2 billion ($13.33 million) to boost its Bitcoin holdings. The company submitted the details of the issuance on March 31, which states that the bonds are due on September 30, 2025. The company said that the issuance
FTX will begin repaying its major creditors on May 30, marking a key step in the prolonged bankruptcy process. The collapsed crypto exchange has amassed $11.4 billion in cash for repayments. However, the payments will follow valuations from the bankruptcy petition date of November 11, 2022, creating a stark contrast
After an eventful week, the crypto market is experiencing high volatility today, with Bitcoin (BTC) dropping to $82K once again during Asian trading hours. Ethereum (ETH) is also facing significant price swings, falling below $2K and hitting a weekly low of $1,834—a 7% drop. This brings it dangerously close to
Bitcoin’s price has been all over the place lately, with uncertainty growing due to economic factors, market conditions, and investor sentiment. After starting the week strong, BTC fell to a weekly low of $82,030, sparking debates about whether a bigger drop is coming. Experts are keeping an eye on liquidity,
Bitcoin’s dominance in the crypto market has surged to 62.18%, up from 53% in December. Despite expectations for an altcoin season, BTC continues to gain market share. Traders typically expect capital to rotate into altcoins after Bitcoin rallies. However, this shift has not happened as anticipated. Why Is Bitcoin’s Dominance
The price of bitcoin (BTC) fell to $83,865, a decrease of 4.12% in the last 24 hours, while the price of gold reached a record $3,080. Economist and crypto skeptic Peter Schiff takes this as proof that he is right. The price of bitcoin has been going through a rough
South Carolina has dismissed its lawsuit against Coinbase over its staking services, following Vermont’s lead. The lawsuit accused Coinbase of offering unregistered securities. The state’s decision marks a significant shift in regulatory actions against crypto staking in the U.S. On March 27, Coinbase and the South Carolina Attorney General’s securities
Just a day after revealing plans to add Bitcoin (BTC) to its balance sheet, GameStop (GME) is taking things a step further. The company, led by CEO Ryan Cohen, is raising $1.3 billion by issuing convertible senior notes, aiming to use the funds for Bitcoin purchases. The five-year bonds, set
The overall crypto market has shown a glimmer of hope after days in the dark consolidation tunnel. While the altcoin sector has not shown much action over the past few weeks, other sectors have been booming. Several ETP issuers are taking measures to introduce altcoin ETFs and the regulatory sector
GameStop, the video game retailer and original meme-stock company, has officially announced that its board has unanimously approved adding Bitcoin as a treasury reserve asset, as per its press release on March 25th. This means GameStop will start using some of its corporate cash—possibly even future debt or equity—to invest
