Japan-based Bitcoin treasury company Metaplanet announced today that it has successfully completed its public offering process. Metaplanet Grows Bitcoin Treasury with $1.4 Billion IPO The company’s CEO, Simon Gerovich, stated in a post on the X platform that a large number of institutional investors participated in the process. Among the investors, mutual funds, sovereign wealth
Bitcoin traded at $116,236 as of 14:04 UTC on Sept. 17, up about 1% in the past 24 hours, holding above a key level as markets await the Federal Reserve’s policy announcement. Analysts’ comments Dean Crypto Trades noted on X that bitcoin is only about 7% above its post-election local peak, while the S&P 500
BTC is facing a decision, as the price hovers almost perfectly between two liquidation zones. Positions have accrued at the $115,000 and $118,000 levels, with traders left to decide which positions to attack. BTC may go through added volatility in the next few hours based on accrued short and long positions. BTC traded at $116,353,
X account @SaniExp, which belongs to the founder of the Timechain Index explorer, has published data showing that a dormant BTC wallet was activated after staying in hibernation for 6 years. However, it was set up 13 years ago, according to the tweet, – the time when Satoshi Nakamoto’s shadow was still around, so to
In a significant development for corporate Bitcoin adoption, BTC Inc. and Strategy Inc. (Nasdaq: STRF/STRC/STRK/STRD/MSTR) have announced a five-year renewal of their strategic partnership for the Bitcoin for Corporations (BFC) initiative. The partnership aims to accelerate global corporate Bitcoin adoption through 2030, with BFC currently representing 38 member companies that collectively hold 69% of all
Bitcoin last reached its ATH in mid-August and has been trending downward ever since. However, while Bitcoin’s recent recovery to $117,000 has fueled bullish rhetoric, many investors are wondering how BTC will perform, especially after recent price movements. Analyst Rekt Capital, one of the leading figures in the crypto community, has made an impressive prediction.
Metaplanet, a Tokyo Stock Exchange-listed company, has announced that it closed a massive $1.4 billion fundraise through an international share offering, with plans to buy Bitcoin with it. The announcement comes as Bitcoin price continues to trade above $116,000, highlighting growing institutional interest in Bitcoin treasury operations. The Japanese Bitcoin treasury company announced multiple strategic
Bitcoin climbed above $117,000 during the early trading hours today, its strongest level since early August, as traders positioned around the Federal Reserve’s interest rate decision. The outcome of the Federal Open Market Committee (FOMC) meeting, due later today, will define the risk landscape for the rest of the year. Market expectations of an easier
Bitcoin is a macro liquidity indicator rather than merely a cryptocurrency, or at least that is the narrative we have been seeing around the industry. Bitcoin indicates changes in global liquidity and, consequently, the outlook for risk-on assets serves the great purpose of being an important indicator for investors from both the traditional finance and
If Bitcoin (BTC) holds current support levels, the asset could be on track to set a new record high of $175,000 before the end of the year, as per historical technical trends. In this line, a move to $175,000 would represent a nearly 50% rally from the press-time value of $116,529. Regarding the price outlook,