Metaplanet’s Bitcoin strategy faces fundraising crunch as stock sinks: Report
Metaplanet’s stock has plunged 54% since mid-June, forcing the Tokyo-listed firm to seek alternative fundraising as its share-based “flywheel” falters.
Metaplanet’s stock has plunged 54% since mid-June, forcing the Tokyo-listed firm to seek alternative fundraising as its share-based “flywheel” falters.
Buy the dip mentions on social media are climbing as Bitcoin falls, which could be a sign the market hasn’t bottomed yet, Santiment says.
A Bitcoin adviser says Bitcoin could reach as high as $10 million, and people will still be saying, “It can’t go any higher, right?”
El Salvador has transferred its 6,274 Bitcoin into 14 new wallet addresses as part of a security measure to protect against the threat of quantum attacks.
Tether has scrapped plans to end USDT on Omni, Bitcoin Cash SLP, Kusama, EOS and Algorand, allowing it to continue in a limited capacity.
Elon Musk’s lawyer Alex Spiro is set to chair a planned $200 million Dogecoin treasury company backed by House of Doge, as memecoin treasury vehicles begin to emerge.
Unicoin urged a New York judge to toss the SEC’s $100 million fraud case, arguing the regulator misquoted filings and relied on “snippets” taken out of context.
US spot Bitcoin ETFs are now driving up to $10 billion in daily trades, rivaling major exchanges and underscoring their role in institutional adoption of crypto.
Through community fundraising, the Free Roman Storm fund has raised nearly $5.5 million to aid with his legal defense.
Spot Ether funds pulled in $1.83 billion in just five days, dwarfing Bitcoin ETFs. Analysts say Wall Street’s attention is tilting toward Ethereum’s broader utility.
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