Japanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option pool, which was designed as 20% of fully diluted shares and automatically expanded as the company issued new shares to fund its Bitcoin ($BTC) accumulation. Bitcoin
Chime Financial is done renting its banking infrastructure. The San Francisco-based neobank confirmed on September 8 that it has signed a definitive agreement to acquire Stride Bank, N.A. for $590 million in cash, a deal that marks one of the more consequential moves in the fintech’s history. The Chime Stride Bank acquisition will convert the
CryptoQuant, a cryptocurrency analysis platform, stated that Bitcoin is approaching a critical level on its MVRV Z-Score indicator, but the current picture does not yet confirm the start of a new bull market. According to the analysis, the MVRV Z-Score is approaching its 365-day moving average, which has stood out as a significant regime change
The Iranian central bank is reportedly turning a blind eye to exporting companies using cryptocurrencies, including Tether’s $USDT stablecoin and Bitcoin, for cross-border trade payments. According to a report in the Financial Times, the Tehran government has begun supporting alternative payment channels in response to the economic pressure and sanctions imposed by the US during
BIT, the cryptocurrency options trading platform formerly known as Matrixport, announced that institutional investors injected a total of $6.7 billion into the cryptocurrency market over the past 30 days. The data indicates that the market has returned to a net buying trend after experiencing significant capital outflows in June. BIT’s calculations reveal this capital inflow
Perhaps the most significant development in the ETF space this year is that it has become much more automated for institutions. Institutional traders are increasingly moving ETF execution from manual dealer/RFQ processes towards rules-based, automated execution – including automated RFQs, net asset value trading, market-on-close and algorithmic execution. ETF Demand Is Going Up Data from
European Commission President Ursula von der Leyen stood before French business leaders late last month and described trillions of euros in household savings held in bank accounts as “sitting idle.” Europe, she continued, needs to “put these savings to work for its companies.” Her concern is valid, by some measures. European companies struggle to obtain
Bitcoin staged a strong rally in August, surging by almost 30%. While some believe that the bear market is over, others argue that the risk of a devastating plunge still lurks over the world’s largest crypto asset. Alphractal founder Joao Wedson said that $BTC’s Balanced Price currently stands near $38,400, but historical evolution does not
U.S. security agencies are accusing six Chinese artificial intelligence companies, including DeepSeek, Alibaba and Moonshot AI, of using American frontier models at industrial scale to help train their own systems. The NSA, FBI and CISA said Tuesday that these companies extracted billions of tokens across millions of requests from models including Claude, GPT, Gemini and
Block, the payments company founded by Jack Dorsey, wants federal regulators to let it custody bitcoin and stablecoins through a chartered trust bank. On Tuesday, the company said it applied to the Office of the Comptroller of the Currency (OCC) to establish Builders Bank & Trust, N.A., an uninsured, non-deposit-taking national trust bank. If approved,