Japanese investment firm Metaplanet has made headlines with its largest Bitcoin purchase to date. The Tokyo-listed company acquired 619.7 BTC for ¥9.5 billion ($60.6 million), bringing its total holdings to 1,761.98 BTC. This latest purchase comes amid a dip in Bitcoin prices, with Metaplanet paying an average price of approximately
The crypto market has retreated into a bearish trend with Bitcoin spearheading the freefall. Other altcoins are also continuously losing their recent price surges as trading levels fall lower and lower. However, the ever-optimistic community has entered a ‘buy the dip’ phase as per recent reports. Notably, Bitcoin has factored
Peter Schiff has again made his strong stance against the Strategic Bitcoin Reserve known. This time, the renowned economist has proposed an alternative that the US could adopt instead of implementing a Strategic Bitcoin Reserve. In an X post, Peter Schiff stated that the US could save a lot of
Social media discussions about “buying the dip” have surged to an eight-month high as Bitcoin’s price recently fell below $100,000. This decline sparked a wave of chatter among investors, with the social dominance score hitting its highest level since April. Despite the drop, search interest in crypto remains strong, signaling
The Asian crypto community has woken up to rainy mornings and another day of bearish market activity. Leading cryptocurrencies have continued their descent after an incredible bull market at the start of the week. Meanwhile, the US Federal Reserve Chair, recently stated that there would be no change in law
Strong case has been presented in a recent proposal directed to the Dutch Minister of Finance, government, and De Nederlandsche Bank board to create a national Bitcoin reserve by Bram Kanstein. As the Netherlands negotiates a dubious global financial scene, the letter emphasizes the value of Bitcoin in guaranteeing economic
The leading cryptocurrency mining platform, NiceHash, has announced that it is moving its operations from the British Virgin Islands to Zug, Switzerland. The transition, which started in November, should be finished by the middle of December. Along with ensuring compliance with the Markets in Crypto-Assets Regulation (MiCA) of the European Union and
The global crypto market cap dropped 3.18% to $3.63 trillion, highlighting a broad market downturn. However, the total crypto market volume surged 0.81% to $206.04 billion, indicating sustained trading activity. Bitcoin (BTC) dropped 3.4% in the past 24 hours, trading at $103,805.29 after hitting an all-time high of $108,268.45. The
Bitcoin (BTC) surged to a new all-time high of $107,780.58 before correcting to $106,618.73. BTC’s market cap now stands at $2.11 trillion, reflecting a 1.77% daily rise. Trading volume surged 29.7% to $80.6 billion. The market cap ratio remains steady with a fully diluted valuation (FDV) of $2.23 trillion. Bitfinex
One of the most prominent names in Bitcoin mining, Riot Platforms, has announced a massive increase to its cryptocurrency holdings, with the acquisition of 667 BTC, or around $67.5 million. The biggest mining operation in North America is run by this corporation, which is devoted to mining. The firm is
