Japanese investment firm Metaplanet has purchased an additional 780 Bitcoin, reinforcing its position as the only non-US company among the top 10 corporate Bitcoin holders. The company disclosed the acquisition in a Monday announcement. Following its latest Bitcoin (BTC) purchase, Metaplanet’s holdings reached a total of 17,132 BTC, with an average purchase price on the…
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Cryptocurrency investment products ended last week in the green, marking 15 consecutive weeks of inflows, even as Bitcoin funds saw minor outflows. Global crypto exchange-traded products (ETPs) recorded $1.9 billion of inflows during the trading week ending Friday, according to a Monday report from European crypto asset manager CoinShares. The latest inflows came despite heightened…
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Bitcoin (BTC) heads into the July monthly close eyeing $120,000 as a BTC price rebound holds firm. BTC price action is giving market participants cause to expect all-time highs again, but the threat of a $113,000 comedown remains. A giant week of US macro data combines with the Fed meeting on interest rates amid pressure…
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Five US Senate Democrats have probed the head of the country’s housing finance agency over his plan to consider how crypto can be counted in the approval process for certain mortgages. The senators, led by Jeff Merkley, sent a letter to Federal Housing Finance Agency (FHFA) director William Pulte on Friday asking him to explain…
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Key points: Bitcoin stages a late comeback into the weekly close as price approaches important liquidation zones. Traders and analysts emphasize various key price points to reclaim next. Volatility is expected based on large-volume trading behavior, analysis reports. Bitcoin (BTC) surged above $119,000 Sunday as bulls extended a rebound from two-week lows. BTC/USD 1-hour chart.…
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Opinion by: Dr. Scott Lehr In the early 2000s, getting a loan in the United States without verifying your income or assets was possible. It was called a “no-doc” or “low-doc” loan. The aim was to help self-employed or contract workers, but it was widely abused. Today, lenders verify income, assets, debt and employment. Whether…
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San Francisco-based lender Divine Research has issued around 30,000 unbacked short-term crypto loans since December, using OpenAI CEO Sam Altman’s iris-scanning platform World ID to verify borrowers. Divine offers loans under $1,000 in the USDC (USDC) stablecoin, mainly to overseas borrowers underserved by traditional finance. It uses World ID to ensure users cannot open multiple…
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A prominent crypto analyst has sparked debate in the Bitcoin community by claiming that Bitcoin OGs are losing confidence in the asset as it becomes increasingly adopted by institutions. “Many of the most ardent early whales have seen their faith shaken and have been selling at these prices,” Scott Melker, aka The Wolf of All…
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Bitcoin’s price could see significant upside in 2026, bucking the traditional four-year market cycle, according to Bitwise chief investment officer Matt Hougan. The prediction comes as other analysts are divided on whether Bitcoin (BTC) will stray from its historical pattern or follow the traditional halving cycle and peak in the coming months. Bitcoin may be…
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Top Stories of The Week Australian fintech Finder wins court battle over crypto yield product The Australian Federal Court ruled in favor of fintech company Finder.com, clearing it and its yield-generating product, Finder Earn, in a legal battle with the Australian Securities and Investments Commission (ASIC) that lasted almost three years. In a Thursday court…
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