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Japanese investment firm Metaplanet has invested more of its company funds into buying 1,088 Bitcoin, bringing its total BTC holdings even closer to 9,000 BTC.According to the company notice, Metaplanet just spent around $117.7 million to purchase more BTC (BTC) for its holdings. On June 2, the Tokyo-based investment firm bought 1,088 BTC at an average price of $108,209. With its recent purchase, the company dubbed by many as the Japanese Strategy now holds 8,888 BTC which is equal to around $85
After a year of planning, Cantor Fitzgerald activates crypto lending arm with first Bitcoin-collateralized deals. 5751 Total views Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEEDWall Street financial firm Cantor Fitzgerald has closed its first Bitcoin lending deal nearly a year after announcing its crypto lending services.According to a May 27 Bloomberg report, Cantor provided Bitcoin-backed loans to FalconX and Maple Finance. FalconX, a digital asset broker, said it secured
Due to Bitcoin’s volatility, the odds are against those who try to time the market, the Blockstream CEO learned in the early years of Bitcoin. 7176 Total views Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEEDSelling Bitcoin is like “playing in a really bad house-rate casino,” according to Adam Back, CEO of Blockstream and one of Bitcoin’s earliest adopters. In a recent interview with Bitcoin financial services firm Unchained, Back said the odds are stacked against traders tryi
The Trump administration is working on bills related to stablecoins, market structure and the Bitcoin Strategic Reserve “in that order.” 4056 Total views Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEEDUS President Donald Trump supports the BITCOIN Act and has a team of experts in the White House working to roll out landmark digital asset legislation in the coming weeks, according to Wyoming Senator Cynthia Lummis. Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada,
VanEck’s head of digital assets, Matthew Sigel, said sustainable Bitcoin reserve growth must happen gradually through Congressional bills. 2561 Total views Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEEDBuilding a permanent US strategic Bitcoin reserve would likely require targeted legislation rather than executive action, according to VanEck’s head of digital assets, Matthew Sigel. Speaking at Bitcoin 2025 in Las Vegas, Sigel said the most viable path forward may involve ins
