Metaplanet and Convano, two companies leading Japan’s Bitcoin treasury strategies, announced additional purchases on Monday. Metaplanet executed ten acquisitions over the past ten weeks, totaling 7,791 BTC. The activity highlights how Japanese corporations diversify balance sheets to guard against yen weakness and persistent monetary policy uncertainty. Metaplanet: Ten Purchases in Ten Weeks Metaplanet Inc., a
Bitcoin price is struggling to recover above $112,500. BTC is now consolidating and might decline if there is a move below the $110,800 level. Bitcoin started a recovery wave above the $110,800 zone. The price is trading above $111,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support
Key Takeaways Upbit, a leading South Korean crypto exchange, plans to launch an Ethereum Layer 2 network. The new Layer 2 will use the OP Stack framework, based on Optimism’s open-source technology. \Upbit announced plans to launch an Ethereum Layer 2 network using OP Stack technology, according to documentation released today. The South Korean crypto
Bitcoin price is currently at a critical juncture, sitting right on top of the Bull Market Support Band. Throughout past bull cycles, this band has historically served as a crucial support level, with price retesting it during corrections and bouncing off it to continue its upward trend. Why This Level Matters For Bitcoin Uptrend In
WINkLink, a popular decentralized oracle ecosystem, has partnered with CoinEx, a well-known platform offering trading services. The collaboration aims to offer exclusive opportunities to drive wider blockchain adoption. As WINkLink’s official social media announcement reveals, the partnership is set to bolster blockchain accessibility. Hence, it will let decentralized applications (dApps) utilize accurate data apart from
Since the crypto and blockchain market is still dynamic with rapid innovation, the next week of September 8 to September 14 features a number of key events in different blockchain projects. Key Crypto Events This Week 🚀 🔹 September 8:– @OriginProtocol: Community Call at 4 PM UTC– @LidoFinance: Dual Governance Vote– @dYdX: Prop #275 Vote
Eightco Holdings Inc. shares surged more than 3,000% Monday after the obscure e-commerce firm announced plans to build a treasury around Worldcoin—and secured a $20 million investment from crypto miner BitMine. The stock hewed to its Friday closing price of $1.43 in pre-market hours and closed at $45.08. It surged as high as $83.12, earlier
Solana has generated $1.25 billion in revenue year-to-date, enough to make it the clear leader for revenue among blockchain networks. Crypto media platform Milk Road shared the data, noting that Solana has 2.5x of Ethereum revenue. According to the data, Ethereum, while being the closest to Solana in revenue, has only $523.28 million this year.
JPMorgan strategist Fabio Bassi said the Fed is more likely to cut interest rates by 25 basis points at its September meeting. Bassi noted that despite weak employment data, inflation remains high, and that an aggressive 50 basis point cut is unlikely. According to Bassi, the risk of a recession stands at 40%. Markets, however,