Simon Gerovich, CEO of Japanese Bitcoin treasury company Metaplanet, has clarified that his recent reduction in company ownership resulted from new share issuance, not personal stock sales. In a post on X, Gerovich stated that his stake decreased to 14.19% from 17.99% as of today, emphasizing that he has not sold a single share. He
Bitcoin is testing a crucial technical area near $80,000, with analysts watching whether the latest rebound can develop into a broader bottom or fade back into the recent range. Two $BTC charts outline very different time horizons, with one pointing to a potentially powerful long-term reversal structure and the other warning that short-term weakness could
Circle’s chief executive has put a number on something the crypto industry has been buzzing about quietly for months: $USDC AI payments now make up nearly the entire market for machine-driven transactions. According to Coinfomania, Circle’s CEO, Allaire, said $USDC holds a 99% share of payments made by artificial intelligence systems, a figure that reframes
South Korea has opened a legal pathway for tokenized securities backed by domestic underlying assets, such as money market funds (MMFs), to be issued and sold in overseas blockchain markets. The move follows a recent interpretation by the Financial Services Commission (FSC) indicating that such offerings would not violate the country’s Electronic Securities Act, provided
The Indian crypto market has long been connected to active trading and short-term bets. But now, the focus is slowly shifting as more wealthy investors begin to enter the space. High-net-worth individuals (HNIs) have started seeing crypto as a long-term investment rather than a trading option. According to BitDelta India CEO Vikaas Sachdeva, HNIs and
Eleven wallet addresses associated with the crypto options trading platform BIT, formerly known as Matrixport, have closed out a combined $419 million in long positions across Bitcoin and Ethereum, locking in approximately $55.1 million in realized profit, according to on-chain data shared by analyst ai_9684xtpa. Details of the Position Closures The closures, which occurred over
Copper, the cryptocurrency custody firm that was once valued at as much as $2.5 billion, is attracting interest from potential buyers, but at a price tag way below the $500 million Cantor Fitzgerald was marketing the firm at only a few months ago, according to three people with knowledge of the matter. The London-based company,
InterPlanetary File System (IPFS) maintainer Shipyard will wind down its engineering, maintenance and infrastructure operations on Sept. 30 after Protocol Labs declined to renew its funding. The funding loss will leave projects including Kubo, Helia, Boxo, Rainbow, IPFS Desktop and IPFS Companion without dedicated maintainers, Shipyard said in a Monday blog post. IPFS is an
Datavault AI reaches its Nasdaq minimum bid-price deadline on Aug. 24, with DVLT 68% below the exchange’s $1 threshold and no disclosed decision on whether the company will receive more time or a delisting notice. DVLT’s last sale was $0.3186 on Aug. 21, according to Nasdaq’s official quote feed. Nasdaq historical data showed every close/last
Short Sellers Squeezed for $282 Million in Liquidations Bitcoin continued its rally, breaching $81,000 as optimism grows over a broader bull market. The digital currency’s latest surge came hours after it nearly crossed $80,000 on reports that the U.S. Treasury plans to use a $950 billion General Account to fund bond purchases. According to data