Tag: Issues

Binance CEO Richard Teng Issues Vital P2P Safety Tips: Details

Key Notes Binance CEO Richard Teng urges P2P users to verify trader profiles and avoid suspiciously low offers. Teng warns against fake payment proofs and stresses using Binance’s escrow system for safer trades. Users should avoid off-platform chats and confirm payments only through official banking apps. Binance P2P trading is gaining popularity across many regions, especially among users looking for flexible payment methods and low trading fees. However, as the number of users grows, so do the risks. Binance CEO Richard Teng has highlighted some important safety tips for users…

Metaplanet Issues $21M in Bonds a Day After $50M Bitcoin Raise

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Japanese investment company Metaplanet issued $21 million in zero-interest bonds to Evo Fund, a Cayman Islands-based investment firm, just a day after announcing a separate $50 million raise, further accelerating its Bitcoin accumulation strategy. The 17th series of bonds, issued on May 29, comes with a face value of $525,000 each and will mature on Nov. 28, 2025. Unlike traditional debt instruments, these bonds yield no interest, allowing Metaplanet to borrow without additional repayment costs. Under the terms, Evo Fund is entitled to early redemption by giving at least five…

Metaplanet issues $50M in zero-interest bonds to boost Bitcoin holdings

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Japanese investment company Metaplanet is raising $50 million through a private placement of zero-interest bonds as part of its strategy to increase its Bitcoin exposure.  In a May 28 announcement, the company said it was raising $50 million through bonds. The bonds are issued in $1.25 million denominations and carry no interest. Investors will not receive regular payments, with any potential profit expected to come from the bonds’ redemption value. Evo Fund, a Cayman Islands-based investment firm, will be the sole bondholder. The investment company has been Metaplanet’s primary backer…

Internet Personality Dave Portnoy Issues Exciting XRP – Bitcoin Forecast

Key Notes Dave Portnoy revealed he holds XRP, citing market hype. He sees XRP in a similar spotlight as Bitcoin in its early stages. The internet personality said FOMO is what is driving current crypto market trends. Dave Portnoy, the President of Barstool Sports and a popular internet personality, caused a stir at the Consensus 2025 event. Known for his bold opinions, Portnoy discussed digital asset markets, focusing on XRP and the largest cryptocurrency, Bitcoin. With an almost rhetorical question, he predicted that XRP could be the next BTC. XRP…

Mantra OM token crash exposes ‘critical’ liquidity issues in crypto

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Mantra’s recent token collapse highlights an issue within the crypto industry of fluctuating weekend liquidity levels creating additional downside volatility, which may have exacerbated the token’s crash. The Mantra (OM) token’s price collapsed by over 90% on Sunday, April 13, from roughly $6.30 to below $0.50, triggering market manipulation allegations among disillusioned investors, Cointelegraph reported. While blockchain analysts are still piecing together the reasons behind the OM collapse, the event highlights some crucial issues for the crypto industry, according to Gracy Chen, CEO of the cryptocurrency exchange Bitget. “The OM…

US President Donald Trump issues 90-day pause on reciprocal tariffs

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US stock markets surged following President Donald Trump’s announcement of a 90-day pause on tariffs for certain countries. News COINTELEGRAPH IN YOUR SOCIAL FEED United States President Donald Trump has issued a 90-day pause for “reciprocal tariffs,” and lowered the tariff rate to 10% on countries that do not retaliate with counter-tariffs. However, the President also said he would increase the reciprocal tariff rate on China to 125% due to the country’s counter-tariffs against the US. Trump wrote in an April 9 Truth Social post: “At some point, hopefully, in…

EU markets regulator says crypto may cause ‘broader stability issues’ as market grows

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The European Securities and Markets Authority (ESMA) has warned that crypto will increasingly threaten traditional financial markets’ stability as the industry grows and becomes more entwined with traditional finance players. “We cannot rule out that future sharp drops in crypto prices could have knock-on effects on our financial system,” ESMA’s executive director Natasha Cazenave said in an April 8 statement to the Economic and Monetary Affairs Committee. Cazenave noted, however, that crypto currently only accounts for 1% of global financial assets and is not yet significant enough to cause major…

Hong Kong’s SFC Issues Staking Guidance for Crypto Exchanges and Funds

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The Securities and Futures Commission (SFC) of Hong Kong has issued new regulatory guidance for licensed virtual asset trading platforms (VATPs) and SFC-authorized virtual asset funds (VA Funds) regarding the provision and engagement in staking services. Recognizing the potential benefits of staking for enhancing blockchain security and allowing investors to earn yields, the SFC’s guidance […] Source

Bitcoin trader issues ‘overbought’ warning as BTC price eyes $84K

Bitcoin (BTC) ticked higher at the March 31 Wall Street open as traders stayed risk-averse on the short-term BTC price outlook. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin RSI teases bearish continuation Data from Cointelegraph Markets Pro and TradingView showed local highs of $83,914 on Bitstamp, with BTC/USD up 1.5% on the day. With hours to go until the quarterly candle close, Bitcoin saw some much-needed relief, even as US stocks opened lower. Market momentum remained tied to upcoming US trade tariffs set to go live on April 2, with gold…

Metaplanet issues $13.33M bonds to buy more Bitcoin

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Japan’s Metaplanet has announced the issuance of its 10th Series of Ordinary Bonds, raising ¥2 billion ($13.33 million) to fund further Bitcoin acquisitions. The bonds have no interest and will be fully redeemed by Sep. 30, 2025, as per the company’s filing on Mar. 31. The entire issuance has been allocated to EVO FUND. The move aligns with Metaplanet’s aggressive Bitcoin (BTC) accumulation strategy.  On Mar. 24, the firm added 150 BTC to its treasury at an average price of ¥12.57 million ($80,000) per BTC, bringing its total holdings to…