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Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 2,205 bitcoin, increasing its total holdings to 15,555 BTC. The latest purchase was made at an average price of 15,640,253 yen per bitcoin (approximately $108k USD), amounting to a total […] Original
Key Notes Toncoin fell 6% after UAE regulators denied claims linking TON staking to golden visa eligibility. The Open Network falsely claimed a $100,000 TON stake could grant 10-year UAE residency. TON could drop to $2.38 and $2.02 if support at $2.80 fails. Toncoin TON $2.94 24h volatility: 7.2% Market cap: $7.25 B Vol. 24h: $347.97 M , the native token of The Open Network, took a sharp turn downward today, on July 7. It happened after the United Arab Emirates (UAE) government denied recent claims linking Toncoin staking to…
Weekly inflows into the U.S. spot Bitcoin ETFs experienced a significant drop last week as fading Fed rate cut hopes and Trump’s newly passed budget bill tempered investor appetite. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $769.6 million over the past week, a 65% drop from the prior week when these investment products drew in $2.22 billion. The week began with $102.14 million in net inflows on Monday, followed by significant outflows of $342.25 million on Tuesday. Momentum reversed midweek, with inflows of $407.78 million on…
The XRP price has been holding on pretty tightly to its support level above $2.2 and continues to be a major level of pushback for the bears. This has shown that buyers are beginning to make a comeback at this level amid predictions that it will be the bounce point for the next rally. Regardless of this, a crypto analyst still believes that this support remains at risk as bears continue to push down on the price, and the result could be a major price crash from here. XRP Price…
Elon Musk plans to establish a new party called ‘America Party’ to challenge the two-party system in the U.S. He claims the party will support Bitcoin, as he deems fiat to be ‘hopeless.’ On July 7, the tech billionaire and social media platform owner declared on his official X account that his new ‘America Party’ would be the solution to the “centrist” problem in the U.S’ two-party system. Replying to another X user, Elon Musk confirmed that the party would embrace Bitcoin (BTC). “Will America Party embrace Bitcoin?” asked X…
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The developer says he has now been released but was allegedly detained and faced up to eight years in prison after his Salvadoran neighbor accused him of calling her “stupid” during a dispute over a piece of land. Bitcoin Core Contributor Arrested After Dispute With Neighbor Thanks to a bizarre quirk in a Salvadoran law […] Original
Tesla CEO and tech entrepreneur Elon Musk has confirmed that his newly formed political party — the America Party — will accept Bitcoin. “Fiat is hopeless, so yes,” Musk replied to an X user who asked if his new party would embrace Bitcoin. Source: Elon Musk Musk’s crypto ties Elon Musk is no stranger to Bitcoin as Tesla was an early adopter, holding BTC in its treasury. Under his leadership as Tesla CEO, Tesla bought $1.5 billion worth of BTC in early 2021, making it one of the first publicly…