Metaplanet Announces Historic Capital Raise of $745M to Acquire Bitcoin
Metaplanet is raising $745M through stock issuance to increase its Bitcoin holdings. The company aims to acquire 10,000 BTC by 2025 and 21,000 BTC by 2026. Since adopting Bitcoin in 2024, Metaplanet has accumulated 1,761 BTC. Metaplanet Inc, a financial services company based in Japan, has a landmark capital raise in the Asian equity market,…
Crypto Market Liquidations Soar to $1.24 Billion, TRUMP Meme Coins Impacting Market?
Over 20,000 Bitcoin, valued at over $2 billion, were withdrawn from exchanges in the last 96 hours. The launch of the TRUMP and MELANIA meme coins has caused significant market volatility. The TRUMP meme coin quickly became the third-largest meme coin by market cap, surpassing $11.7 billion. In the last 24 hours, the overall crypto…
Chainlink Price Analysis: $27 Resistance in Focus as Bulls Eye $32
Chainlink price chart highlights a bullish reversal, with a potential 32% upside to $32 if $27 resistance is broken. Derivatives data shows a 0.20% rise in open interest, with bullish recovery despite a 0.9516 long-to-short ratio. On-chain analysis reveals 80% of holders in profit, with $27 and $29 levels presenting significant resistance. As ‘s World…
Solana (SOL) Price Eyes Breakout as Stablecoin Liquidity Surges to $10.2B
Solana consolidates near $250 with a potential breakout targeting $285-$315. Solana’s USDC supply surged by $250M, pushing liquidity to $10.2B. $243 acts as critical support, while $262.12 and $285 are immediate resistances. Neutral RSI with potential reversal supports a positive price trend. . Despite the short-term surge in selling pressure in the crypto market, Solana…
Phemex Exchange Suspected of $37 Million Hack
Cybercriminals continue their assault on the crypto industry, with Phemex now in the crosshairs. The attack involved multiple blockchain networks, highlighting vulnerabilities across the entire ecosystem. Crypto hacks have surged 21% from last year, according to blockchain analysis firm Chainalysis with North Korean hacking groups responsible for $1.3 billion of the stolen funds. Cybercriminals have…
Crypto Whales Dump $74M TRUMP Tokens, Meme Coin Enthusiasts Faced with Uncertainty
Major whale transactions spark a 30% drop in TRUMP token within 24 hours. Solana meme coins, including MELANIA, record major losses, putting investors in panic mode. So much has been happening behind the scenes of crypto since the Donald Trump inauguration ceremony on Monday, January 20. However, activity around the TRUMP token has recently caught…
Coinbase Taps Trump Campaign Manager, Ex-Senator for Advisory Board
Coinbase is reinforcing its political and regulatory strategy by bringing in a mix of seasoned leaders, including former US Senator Kyrsten Sinema, a strong advocate for crypto-friendly policies. Alongside her, Chris LaCivita, a key strategist from Trump’s 2024 campaign, Bill Dudley, has joined the council. Coinbase, the first publicly traded company exchange has made a…
XRP vs Bitcoin: Crypto Leaders Debate over US Reserves
Prominent Bitcoin supporters accused Ripple of lobbying against the creation of a strategic Bitcoin reserve. They also alleged that the company is investing millions to ensure XRP’s inclusion in any government-backed digital asset stockpile. Pro-XRP lawyer Bill Morgan disputed claims about Ripple’s control of XRP. Just as signed the executive order for creating a digital…
French Prosecutors Target Binance in Major Financial Crime Investigation
Binance faces mounting pressure in France following executive departures and compliance failures, leading to market withdrawal in 2024. The exchange confronts parallel legal challenges globally, with US prosecutors targeting anti-money laundering violations and sanctions breaches. Regulatory crackdown extends industry-wide as authorities worldwide demand stricter compliance, impacting major crypto platforms. In a surprising move, French investigators…