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Metaplanet Acquires $6.3 Million Bitcoin with Bond Proceeds

Japanese investment firm Metaplanet disclosed Monday that it will acquire Bitcoin valued at 1 billion yen ($6.3m). The money for its purchase will come from a recent bond sale, the company said in a statement. Metaplanet, known as "Asia's MicroStrategy," said its Bitcoin holdings designated for...

, by Shalini Nagarajan

Time to ‘Redefine’ Crypto, Say Key Japan Lawmakers

Top Japanese lawmakers say it is time for the country to “redefine” crypto and its approach to regulation. The statements hint that further crypto reforms could be on their way in Tokyo. Per the Japanese-language news outlet CoinPost, the comments came from two members of the ruling...

, by Tim Alper

South Korean Think Tank: Bitcoin ETFs Would Do More Harm Than Good

A top South Korean economic think tank has poured cold water on the idea of Seoul approving a Bitcoin (BTC) or Ethereum (ETH) spot exchange-traded fund (ETF). The comments came in a paper by the Korea Institute of Finance researcher Lee Bo-mi, News1 reported. Lee claimed that...

, by Tim Alper

Rizz Meme Coin Founder Witnesses 90% Drop in Value During X Live Presentation

The value of Rizz memecoin plummeted by 90% in minutes after the founder of the cryptocurrency went in a live presentation on X.com.

, by Ruholamin Haqshanas

Pepe Price Prediction Following 16.5% Monthly Increase – What’s Next for PEPE?

Analyzing the monthly chart, PEPE has seen a 16.5% increase, bringing its price to $0.00001155. This rise reflects a strong bullish momentum from the previous month. However, the recent consolidation within a symmetrical triangle pattern suggests a potential pause in the upward...

, by Arslan Butt

Bitcoin Price Prediction Amid Renewed Interest from Small Investors – Bull Market Returning?

Bitcoin price is currently trading at $64,380, exhibiting a bearish bias below the $64,500 pivot point mark. Data from CryptoQuant indicates a significant link between individual account activity and Bitcoin price movements. A peak in individual demand was observed shortly after Bitcoin hit...

, by Arslan Butt

Binance Halts $5 Million in Funds Linked to Turkish Exchange’s $54 Million Cyberattack

Binance, the world's largest crypto exchange, has taken action to halt funds linked to a major cyberattack on Turkish exchange BtcTurk.

, by Ruholamin Haqshanas

Hacker Uses 50 Cent’s Twitter to Promote Solana Meme Coin – Here’s What Happened

Rapper 50 Cent has fallen victim to a hacking incident with his X account being used to promote a fraudulent meme coin.

, by Ruholamin Haqshanas

Solana Price Prediction as American Hedgefund Pantera Compares SOL to Apple’s macOS – Can SOL Overtake Bitcoin?

Solana (SOL) has shown a consistent upward trend, stabilizing around $136 and reaching an intraday high of $136.46. Despite a recent peak of $151.41 earlier this week, SOL couldn't sustain that level, dropping to $129.00 before recovering. Currently trading above $134.00, Solana boasts a...

, by Arslan Butt

Ethereum ETF Providers Update Fee and Investment Details in Filings

Several prominent crypto asset managers have submitted revised proposals for spot Ethereum ETFs to the US SEC.

, by Ruholamin Haqshanas

Vince Yang, CEO of zkLink, on the Current State of L3s | Ep. 345

In an exclusive interview with Cryptonews Podcast’s Matt Zahab, zkLink CEO Vince Yang discussed why using blockchains is difficult and ‘painful’ and how this can be fixed. He talked about the need for Layer 3s, why Layer 2s must succeed first, and the trends in the L3...

, by Sead Fadilpašić

Bitcoin Price Prediction as BTC Falls to Lowest Level in a Month – Where is the Next Support?

Bitcoin price prediction is currently in focus as BTC falls to its lowest level in a month, trading at $64,295. Recent net outflows from US spot Bitcoin ETFs, amounting to $139.88 million, have pressured BTC prices. Major outflows from Grayscale’s GBTC and Fidelity’s FBTC...

, by Arslan Butt

Consensys Requests Delay In IRS Crypto Reporting Regulations

Consensys has formally asked IRS to delay the execution of a proposed crypto tax regulation requesting exchanges to declare certain dealings.

, by Jimmy Aki

Nigerian SEC Launches New Crypto Regulations Amid Binance Scandal

Nigeria’s Securities and Exchange Commission (SEC) unveiled a new crypto regulatory framework Friday focused on amending its approach to digital asset issuance, exchange and custody, and offering platforms, the federal regulator’s website reveals. News of the updated policy comes as Binance executive Tigran Gambaryan remains detained in the country despite dire prison conditions, worsening health, and pleas from U.S. lawmakers to President Joe Biden demanding his immediate release.

, by Julia Smith

Standard Chartered Plans to Offer Spot Trading Desk for Bitcoin and Ethereum

Global banking powerhouse Standard Chartered will start a new spot trading desk for Bitcoin and Ethereum. Its location launch will be London.

, by Jimmy Aki

Real-World Assets May Overtake Blockchain Sector Due To TradFi Interest

Industry experts believe that tokenized real-world assets will eventually dominate the blockchain industry over cryptocurrencies.

, by Rachel Wolfson

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