El Salvador's President continues Bitcoin purchases, with $357 million in unrealized gains. The country's investment yield for the year exceeds 120% as BTC nears $108,000. Despite IMF restrictions, the government persists in BTC investments, owning about 6,181 BTC.
Strateji Inc. and Michael Saylor face a class-action lawsuit from investors for allegedly misleading statements about Bitcoin investment strategies, concealing potential losses. The company plans to refute the claims.
SEC delays decision on two Solana ETF applications, seeking public comments. The commission is also considering a wide range of cryptocurrency ETF applications.
MicroStrategy reported purchasing 7,390 BTC worth 1.1 trillion yen, increasing their total to 576,230 BTC. Their average acquisition price is $69,726. Their investment in Bitcoin has been steadily growing since 2020, with a recent acceleration in purchasing activity.
Remix Point announced issuing 125,000 stock options to raise up to 56 billion yen, allocating part to Bitcoin purchase and Web3 investments. They aim to increase their total investment to 150 billion yen and establish new revenue streams.
Investment strategies in the current market environment were discussed at the TEAMZ WEB3 AI SUMMIT in Tokyo. Venture capitalists emphasized due diligence in Web3 projects, shifting towards infrastructure-based investments, anticipating regulatory changes, and recognizing Asia's growth potential.
Arthur Hayes predicts a bullish market for Bitcoin in a recent interview with Fortune magazine, foreseeing significant price increases in the short and long term. He also discusses altcoin prospects and the impact of US economic policies on cryptocurrency. Hayes will be a speaker at the upcoming "WebX 2025" conference in Japan.
DDC, a US-listed food brand, announced a strategic plan to adopt Bitcoin as a reserve asset. Facing Chinese cryptocurrency regulations, DDC aims for transparency and diversification while aligning with the global trend of Bitcoin adoption. How DDC navigates these challenges will impact its future. Summary: DDC plans to utilize Bitcoin as a strategic reserve asset amidst its successful business expansion, addressing Chinese regulatory concerns by leveraging Hong Kong's regulatory environment. Transparency issues may affect investor trust and stock prices. Embracing the global trend of Bitcoin adoption, DDC faces risks but also opportunities for growth.
Metaplanet purchased an additional 1,004 BTC, reaching a total of 7,800 BTC. The company aims to reach 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026, using innovative funding strategies.
The USA faces a credit downgrade as Moody's lowers rating to AA1 due to rising debt. This affects crypto markets, potentially boosting Bitcoin with USD decline but also causing short-term pressure. Long-term effects uncertain. Bitcoin shows positive momentum. ETF sees strong inflows amidst trade tensions and inflation fears. Uncertainty in US policies amplifies interest in Bitcoin as an inflation hedge.
CME Group to launch XRP futures trading, providing new exposure and hedging strategies for institutional investors. Ripple CEO views it as a significant step for XRP market growth. Uncertainties lie on the outcome of Ripple's legal battle with the SEC.
UPCX Platforms announced sponsoring the 2025 Tokyo E-Prix & presented their blockchain platform. Features include unique payment options & Fanlink service connecting fans and creators directly. Opportunity for global expansion noted by speakers.
This week's report by bitbank analyst Hasegawa examines the Bitcoin chart, discussing market trends like the recent trade tensions and economic indicators. Hasegawa provides insights and forecasts for Bitcoin's price movements.
Abu Dhabi's government fund, Mubadala Investment Company, increased its Bitcoin ETF holdings by purchasing an additional 491,439 shares worth around $51.2 million. Other institutions like Avenir and Goldman Sachs are also significant holders of the ETF.
Eric Council Jr., who spread fake news about the approval of a Bitcoin physical ETF, received a 14-month sentence for hijacking a SEC account, affecting market trust. Council's fraudulent actions led to a temporary Bitcoin price surge followed by a significant drop. He conspired with accomplices to execute a SIM swap attack, threatening financial security. Council's arrest and subsequent guilty plea highlight the serious implications of cyber fraud in the digital asset market.