Metaplanet Inc. (Tokyo Stock Exchange: 3350) announced the purchase of an additional 775 bitcoin at an average price of ¥17,720,023 per coin (totaling ¥13.733 billion), bringing its cumulative holdings to 18,888 bitcoin at an overall average cost of ¥15,041,118 (aggregate ¥284.097 billion). The company also reported its key performance indicators for its Bitcoin Treasury Operations: […] Original
Day: August 18, 2025
EV Startup Faraday Future Plans Multibillion Dollar Crypto Play
Electric vehicle startup Faraday Future said it plans to launch several crypto-focused initiatives, including creating a crypto treasury and offering tokenized vehicle sales. Nasdaq-listed Faraday Future said on Sunday that it planned to create a “C10 (Crypto 10) Treasury” product and initially buy $30 million worth of crypto, which it hoped “could reach tens of billions in size.” “The next decade could be a super long bull cycle for the crypto market,” said Ian Calderon, Faraday Future co-creation officer and founding board member of the California Blockchain Working Group. Faraday…
DOGE Sellers in Control as Monero Attacker Votes to Target the Memecoin; BTC Below $116K
Dogecoin nursed losses on Monday as the community behind Qubic, which recently attacked Monero, voted to target the Dogecoin network over Zcash and Kaspa by a big margin. At the time of writing, DOGE traded at over 22 cents, representing a 4% decline on a 24-hour basis, according to CryptoX data. The cryptocurrency chalked out a bullish golden crossover last week, but the bullish pattern failed to inspire bullish momentum. Early Monday, the AI-focused blockchain project Qubic announced the community’s intention to target Dogecoin on X, stating, “There are ongoing…
Dogecoin (DOGE) Battles Gravity, Can It Escape a Potential Freefall?
Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE is now consolidating and might dip further below $0.2250. DOGE price started a fresh decline below the $0.2420 level. The price is trading below the $0.2320 level and the 100-hourly simple moving average. There was a break below a key rising channel with support at $0.2295 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it stays above the $0.2165 zone. Dogecoin Price Dips…
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Ex-Twitter CEO Parag Agrawal Unveils AI Startup
Parag Agrawal, the former CEO of Twitter, now called X, has returned to the tech industry with a startup, Parallel Web Systems Inc., focused on helping artificial intelligence agents autonomously collect and analyze information from the web. Agrawal said in a LinkedIn post on Friday that his startup’s first major product, called Deep Research API, outperforms humans and leading AI models, including OpenAI’s GPT-5, on some research benchmarks. “We already power millions of research tasks every day,” Agrawal said, adding that a public firm is already automating human workflows with…
XRP Bears Push Lower, Can Bulls Maintain Control Near $3?
XRP price is gaining bearish pace below the $3.150 resistance zone. The price is struggling near $3.00 and remains at risk of more losses. XRP price is declining below the $3.20 and $3.150 levels. The price is now trading below $3.120 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $3.060 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could regain bullish momentum if it clears the $3.10 zone. XRP Price Dips Further XRP price attempted more…
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Solana Hits 100K TPS with Mainnet Stress Test
Solana throughput briefly spiked to six figures under a high load of program call transactions over the weekend, according to a developer. Mert Mumtaz, the co-founder of the Solana developer tooling firm Helius, said on Sunday that Solana became the “first major blockchain” to record 100,000 transactions per second (TPS) on its mainnet. He shared that a Solana block late on Sunday saw 43,016 successful transactions and 50 failed ones, claiming the total TPS reached 107,540. However, most transactions were not token exchanges or trades but no-operation or “noop” program…
Former Monero Developer’s Viral XRP Post Ignites Crypto Culture War
A former Monero lead developer sparked controversy after revealing that a close friend—previously skeptical of crypto—wanted to buy XRP, believing banks would be obsolete within two years. Igniting the XRP Debate: A Skeptic’s Inquiry The claim by Riccardo Spagni, former lead developer for Monero, that a close friend and longtime crypto skeptic had expressed interest […] Source CryptoX Portal