Metaplanet Inc. has successfully raised 10 billion yen ($66 million) by completing its 11th stock acquisition rights exercise. This comes as the company’s publicly-traded shares are up by 6.53% in the past month and have skyrocketed by 593.75% year-to-date. Over 13,000 Shareholders Participated in Exercise In an October 22 statement posted on X, Metaplanet’s CEO, […]
The billionaire investor said that “all roads lead to inflation” in an interview with CNBC on Oct. 22. He added that he was long on gold and long on Bitcoin, stating that commodities are so “ridiculously under-owned.” “I probably have some basket of gold, Bitcoin, commodities, and Nasdaq, something like that. And I own zero fixed […]
Bitcoin (BTC) is approaching a crucial price range, one that analysts say will be the first real resistance test. The cryptocurrency surpassed $69,500 on October 21, crushing the level last seen in late July when Bitcoin-friendly U.S. presidential candidates Donald Trump and Robert F. Kennedy gave highly anticipated speeches at the Nashville Bitcoin Conference. Despite […]
In a post on X on Oct. 20, adviser to the Senior Management of the Market Infrastructure and payments business area of the ECB, Jürgen Schaaf, labeled Bitcoin “a speculative bubble that will eventually burst.” He claimed that this would leave behind “substantial social damage amid its high energy use and facilitating illicit payments.” The […]
On Oct. 17, om-chain analytics platform Santiment reported that Bitcoin whale transactions have spiked to their highest level in over ten weeks. There were 11,697 transfers worth more than $100,000 on Oct. 15 and the 16th was also shaping up to be a high day for whale activity. The platform also noted that social media […]
Elon Musk’s Tesla has moved almost its entire stash of 11,500 BTC worth around $760 million, according to Arkham Intelligence. There were 26 transactions in total on Oct. 15 to various w9allet addresses, it revealed. The Tesla holdings had been dormant for two years up until these latest transactions. The wallet balance is now zero, […]
Bitcoin prices reached $66,500 during late trading on Oct. 14, according to CoinGecko. It is the highest level since late September when it hit a similar price but was rejected at resistance. The asset seems to be behaving similarly again, with resistance forcing a retrace to $65,400 during Tuesday morning trading in Asia. Analyst ‘CrediBULL […]
Russia has sentenced Marat Tambiyev, a former mid-ranking investigator, to 16 years in jail after he was caught accepting a bribe of 1,032 bitcoins, which is currently worth around $65 million, from hackers he was investigating. The bribe originated from members of the Infraud Organization hacking group, which Tambiyev was tasked with probing while working […]
This week, bitcoin (BTC) touched a price height of $64,000 before retracing its steps to a current price mark below $62,000. This price downtrend begs the question – will the leading crypto asset unlock new heights in the near term? A CryptoQuant analyst has shared research showing what could enable the leading crypto asset to […]
TL;DR Despite recent volatility, several indicators suggest that BTC might be entering a bullish phase. On the other hand, one essential element hints at an intensified pullback in the short term. ‘Uptober’ Still in the Cards? Bitcoin (BTC) has passed through severe volatility since the start of October, performing worse than some expected. After all, […]