Metaplanet tops Bitcoin stash with additional $61m

Japan’s ‘MicroStrategy’ Metaplanet is doubling down on its Bitcoin bet with another major purchase. Summary Metaplanet has purchased 581 BTC for $61 million at an average price of $118,519 per coin. The company is aiming to reach 30,000 BTC on its balance sheet by the end of 2025. Metaplanet’s stock has fallen 37% over the past month amid a broader market cooldown. On August 12, the Tokyo-based Bitcoin (BTC) treasury firm announced the acquisition of an additional 581 BTC, worth roughly $61 million. The purchase was made at an average…

Metaplanet Acquires 518 Bitcoin, Boosting Total Holdings to 18,113 BTC Valued at $1.85 Billion

Metaplanet Inc. (Tokyo Stock Exchange: 3350) has announced the acquisition of an additional 518 bitcoin as part of its ongoing Bitcoin Treasury Operations, with an average purchase price of 17,540,861 yen per bitcoin (approximately $118,519), totaling approximately 9.086 billion yen (around $61.4 million). This latest purchase increases the company’s total bitcoin holdings to 18,113 bitcoin, […] Original

Bitcoin’s Range Break Waiting Room, TOTAL Market Cap All Time High, XRP’s Range End, Alts .702 Break

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Backer Newsletter – Blockchain Backer’s Technical Analysis Toolkit for Crypto – Blockchain Backer 702 Digital Art NFT Collection on XRP – Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts. DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The…

Pundit Predicts ‘Near Term’ Bitcoin And Ethereum Prices, There’s Still Room To Run

Bitcoin and Ethereum prices began to rally over the weekend, and interestingly, ETH was able to beat the $4,000 level for the first time in eight months. Bitcoin also recovered from its crash below $113,000 the previous week, taking the rest of the crypto market with it. Naturally, the reversal to bullish sentiment has brought investors out of the woodwork, with predictions now circling for where both Bitcoin and Ethereum prices are headed. Bitcoin To $150,000 And Ethereum To $8,000 Ex-Wall Street trader Vivek Raman has shared a prediction that…

Ether ETFs Post Record $1B Inflows

Spot Ether exchange-traded funds (ETFs) recorded their biggest day of net inflows ever on Monday, with flows across all funds totalling $1.01 billion. The development came as many key indicators had turned bullish and Ether (ETH) gained 45% in the past 30 days. Inflows into Ether ETFs far exceeded those of their Bitcoin (BTC) counterparts, which saw a net inflow of $178 million on Monday, according to Farside Investors. For the Ether funds, BlackRock’s iShares Ethereum Trust ETF (ETHA) attracted the lion’s share of flows, with a record $640 million…

Bitcoin stalls as on-chain data shows profit-taking pressure

Bitcoin’s charge toward record highs has stalled, with sellers regaining control as profit-taking pressure builds despite signs of renewed market momentum. Summary Bitcoin retreated to $118,782 after nearing its $122,867 all-time high on Aug. 11. Glassnode data shows rising momentum across spot, futures, options, and on-chain activity, but also elevated profit-taking risk. Technicals point to strong $116K–$117K support, with a close above $122.5K needed for fresh highs. Bitcoin’s (BTC) rally toward a new all-time high faltered after touching $122,232 on Aug. 11, with the price retreating to $118,782 at press…

Malaysia Central Bank Paper Sparks Debate by Naming XRP and BTC as Monetary Alternatives

A recent working paper from the Central Bank of Malaysia has identified XRP and bitcoin as potential alternatives to traditional monetary and payment systems. Digital Assets Could Replace Bank Deposits A recent working paper from the Central Bank of Malaysia (CBM) has identified XRP alongside bitcoin ( BTC) as potential “alternatives to the current monetary […] Source CryptoX Portal

ZORA Hits New ATH Amid 50% Surge – What’s Behind The Rally?

Social Network Zora has seen its native token, ZORA, record a massive rally following a spike in user activity and recent key integrations, leading some investors to suggest that momentum will continue. Related Reading ZORA Hits New Highs On Monday, the native token of the decentralized social network Zora jumped nearly 50% to hit a new all-time high (ATH) of $0.145. The platform allows users to make social media posts into tradable tokens by automatically minting them, with over 2.06 million tokens created since its launch, according to Dune data.…