Japan’s publicly listed bitcoin treasury company, Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), has announced the acquisition of an additional 319 bitcoin as part of its ongoing Bitcoin Treasury Operations, increasing its total bitcoin holdings to 4,525 BTC. The latest purchase was made at an average price of 11,845,786 yen per Bitcoin, resulting […] Original
Day: April 14, 2025
Metaplanet adds 319 BTC as total holdings near 5000 Bitcoin
Japanese Bitcoin treasury company Metaplanet has achieved a BTC Yield of 108.3% year-to-date in 2025. In an April 14 X post, Metaplanet CEO Simon Gerovich said the company now holds 4,525 BTC, worth roughly $386.3 million, at an average cost of around $85,366 per coin The announcement followed Metaplanet’s latest purchase of 319 BTC for approximately ¥3.78 billion (or $26.3 million), acquired at an average price of ¥11.85 million (~$82,549) per Bitcoin. To track the effectiveness of its treasury strategy, Metaplanet relies on BTC Yield, a metric that measures the…
XRP Outflows Cross $300 Million In April, Why The Price Could Crash Further
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The XRP price saw a rise in value over the weekend as bulls seemed to return to the table. Since the market has been low over the past few…
Bitcoin ETF outflows surged over 300% as US-China trade war concerns escalated
Outflows from spot Bitcoin ETFs in the U.S. surged last week as investor sentiment took a hit from rising trade tensions driven by President Trump’s aggressive tariff plans. According to SoSoValue data, the 12 spot Bitcoin ETFs saw $713.3 million pulled out, over 300% more than the $172.7 million outflows from the week before. Every single day from April 7 to 11 saw money being pulled, continuing a streak that began on April 3. The biggest drop came on Tuesday, with $326.27 million in outflows, while Friday ended the week…
Latam Insights: Argentine Congress Takes Aim at Libra, Crypto Now Seizable in Brazil
Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the Argentine lower chamber will investigate Libra’s launch, cryptocurrency can now be legally seized in Brazil, and the Brazilian CBDC pilot, drex, has hit a roadblock. Argentine Congress to Formally […] Source CryptoX Portal
Mechanism Capital founder doubles Bitcoin position with a $200M long
Andrew Kang, founder of the crypto venture firm Mechanism Capital, has seemingly doubled down on his bet that Bitcoin will gain in price with a $200 million long position, onchain data shows. “Andrew Kang just doubled his Bitcoin position,” crypto analytics firm Arkham said in an April 12 X post. It explained a crypto address tied to Kang made another $100 million long bet on Bitcoin (BTC) with an expected profit, or loss, of $6.8 million. On April 9, Arkham noted that the Kang-tied wallet had put on a $100…
Mantra says one particular exchange may have caused OM collapse
The team behind real-world tokenized asset blockchain Mantra says its native token’s sudden 90% plunge was caused by exchanges forcibly closing positions without notice, with one currently unnamed exchange potentially to blame. On April 13, Mantra (OM) price dropped from $6.30 to below $0.50, rapidly shedding over 90% of its $6 billion market cap. “We have determined that the OM market movements were triggered by reckless forced closures initiated by centralized exchanges on OM account holders,” Mantra co-founder John Mullin wrote in an April 13 statement on X. “The timing…
Narrowing Bitcoin perpetual-spot gap signals potential BTC price rally
On-chain data from CryptoQuant suggests that Bitcoin could be on the verge of a bullish trend reversal, as a key market signal begins to shift. In an Apr. 13 post, CryptoQuant contributor Joao Wedson noted that the gap between Bitcoin’s (BTC) futures price and its spot price on Binance is starting to shrink. This gap, known as the perpetual-spot gap, shows the difference between what traders are paying in futures contracts versus the actual price of Bitcoin. Given that the gap is currently negative, futures market participants may be exercising…
XRP Price Turns Green, Sparks Hopes of a Fresh Upside Push
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Ethereum Price Steadies After Increase—Now Eyes More Gains Ahead
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum price started a fresh increase above the $1,580 zone. ETH is now consolidating gains and might aim for more gains above $1,665. Ethereum started a decent increase above…