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Japan’s Metaplanet has outpaced Strategy in Bitcoin accumulation, purchasing 1,111 BTC last week, approximately five times more than the US-based firm acquired in the same period.
According to a June 23 disclosure, Metaplanet spent approximately $118 million on its latest purchase, securing the Bitcoin at an average price of $105,468 per coin.
With this addition, Metaplanet now holds 11,111 BTC,...
Fiserv Inc., a major player in global payments and financial services, has unveiled plans to launch a USD-pegged stablecoin called FIUSD on the Solana blockchain, according to a June 23 statement.
The Nasdaq-listed company stated that the stablecoin was built using infrastructure from Paxos and Circle. It is expected to go live by the end of 2025 and will be integrated into its existing banking...
Altcoins are slipping further into decline as investors flock to Bitcoin amid escalating geopolitical tensions and a risk-off environment.
Data from CoinGlass shows the Altcoin Season Index has plunged to 12, its weakest level in nearly a year, reflecting a deepening lack of interest in non-Bitcoin cryptocurrencies.
Altcoin Season Index (Source: Coinglass)
The Altcoin Season Index tracks how non-...
Digital asset investment products recorded their tenth straight week of inflows, bringing in $1.24 billion last week, according to data from CoinShares.
This continued streak has pushed year-to-date (YTD) inflows to $15.1 billion, a new record for this year.
The inflows come at a time of heightened geopolitical tension, particularly following Israel’s military action against Iran. The move...
The crypto exchange OKX is reportedly considering an initial US public offering (IPO) as the wave of crypto firms entering public markets gains momentum.
Although the exchange has not officially confirmed these plans, Chief Marketing Officer Haider Rafique hinted at the possibility during a conversation with The Information, suggesting an IPO could be on the table.
The potential move comes at a...
The following is a guest post and opinion from Aryan Sheikhalian, Head of Research at CMT Digital.
Ethereum is betting big on a future filled with rollups. But in typical Solana fashion, the network is taking a different route—one that doesn’t just scale more blockspace, but bespoke execution environments with first-class developer control.
Enter Network Extensions, Solana’s most important—and...
Global oil markets are on high alert following U.S. airstrikes on three of Iran’s nuclear facilities, Fordow, Isfahan, and Natanz, with fears mounting over a potential closure of the critical Strait of Hormuz. The military action, announced by President Donald Trump last night, has intensified geopolitical tensions in the Middle East and raised concerns about a sharp spike in oil prices.
The...
The following is a guest post and opinion from Gracy Chen, CEO of Bitget.
There was a time not too long ago when the pulse of the crypto market could be measured not only by candlestick charts but by the waitlists at luxury watch boutiques. During the 2020–2022 bull cycle, the correlation between Bitcoin and high-end collectibles — especially steel sports watches from brands like Rolex and Patek...
As the world faces increasing economic woes from soaring debt and stubborn inflation to dwindling trust in financial institutions, Coinbase CEO says, “The world needs crypto, now more than ever.” He adds:
“Debt is growing exponentially, inflation is crippling entire nations, economic freedom is declining.”
Armstrong points to the astronomical level of U.S. federal debt, which recently surpassed $...
Pump.fun has delayed its public token sale once again, extending months of uncertainty for users and investors as the popular Solana-based launchpad wrestles with a flurry of lawsuits, Colin Wu reported on June 20.
Pump.fun had aimed to raise $1 billion at a $4 billion valuation through its token auction originally set for June 25. The sale is now expected to happen in mid-July, although the team...