Bitcoin peaked to $122k on July 14th, 2025. The sudden spike in price of Bitcoin was a result of the huge inflow of Bitcoin ETF transactions. Furthermore, the U.S. House of Representatives is set to debate several bills aimed at establishing a long-awaited regulatory framework for the digital asset industry. This move, driven by US president Donald Trump’s aim to be the crypto president, has captured investors’ confidence. According to some crypto experts, the market entered a mini altcoin season with altcoins up 98%. As per the CMC chart, there is a slight movement on the season chart. Altcoin season…
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Bitcoin 2025 Rally Continues Many attribute the surge to U.S. policy support and the Trump administration’s pro-crypto stance. Bitcoin has hit a new all-time high of $117,000, continuing a major rally this year driven by growing investor demand and supportive U.S. government policies. The world’s most popular cryptocurrency has now gained 24% in 2025, breaking its previous record of $113,734.64, according to Reuters. Bitcoin has traded above the $100,000 mark for over 60 straight days, solidifying its place as a mainstream asset. Many link much of the recent momentum to the Trump administration’s pro-crypto stance.In March, President Donald Trump signed…
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Japanese listed Metaplanet is preparing to enter the next phase of its Bitcoin driven strategy by targeting acquisitions of cash generating businesses, including a Japanese digital bank. CEO Simon Gerovich, the CEO of Metaplanet described the company’s current mission as a “Bitcoin gold rush.” He emphasized the urgency to rapidly accumulate Bitcoin and achieve “escape velocity” to stay ahead in the competitive landscape. Since 2024, Metaplanet has steadily built its Bitcoin reserves. Its current holding is 15,555 BTC, and it aims to expand to 210,000 BTC by 2027, representing approximately 1% of the total Bitcoin supply. Gerovich revealed that Metaplanet…
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Takashi Tashiro, the newly appointed CEO of the Japanese energy and crypto-focused firm Remixpoint, is set to receive his entire salary in Bitcoin (BTC), reaffirming the company’s pivot to a digital-asset-centric financial strategy. Tokyo-based Remixpoint said the move is part of its efforts to promote “shareholder-oriented management,” aligning executive interests with those of investors. Remixpoint said it will calculate Tashiro’s salary and taxes in Japanese yen, then purchase the equivalent amount in BTC at market rates and transfer it to a crypto wallet designated by the CEO. Tashiro assumed leadership in June, outlining plans to position Bitcoin at the core…
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Strategy, the biggest company in the world that owns Bitcoin, didn’t buy any more BTC last week. This broke a streak of weekly purchases that started on April 14. Right now, Strategy owns 597,325 Bitcoins which are worth more than $64 billion. The company bought them for about $42.4 billion in total, at an average price of $70,982 per Bitcoin. That means it holds over 2.8% of all the Bitcoin that exists at the moment. Strategy Chairman and co-founder Michael Saylor wrote on X: “Some weeks you just need to HODL,” suggesting that the company decided to take a break…
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Reports say that Senior Bitcoin Core developer Jon Atack was briefly detained over the weekend in El Salvador following a dispute with a neighbor. The incident triggered a wave of concern across social media after he revealed authorities had confiscated his phone and passport. Atack, who has been residing in El Salvador, took to social media to say that he was arrested on “false accusations.” He also said he was released approximately an hour later with no charges. The incident drew swift online attention from members of the global Bitcoin community, with some expressing alarm over Atack’s well-being and the…
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Japanese investment firm MetaPlanet has been in the news almost every week in the past few months owing to its aggressive Bitcoin expansion strategy. The latest from the firm is that MetaPlanet has acquired a further 2,205 Bitcoin bringing its total holdings to 15,555 BTC, now valued at approximately $1.54 billion based on current market prices. The company disclosed that the acquisition was made at an average price of $108,237 per Bitcoin, representing a quarterly investment of $238.7 million. Across all purchases to date, Metaplanet’s average cost stands at $99,307 per Bitcoin. As part of its performance reporting, Metaplanet tracks…
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Billionaire entrepreneur Elon Musk confirms that his newly launched “America Party” will support Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization. The announcement came in response to a question from X user Renato Lima, who asked whether Musk’s centrist political initiative would back Bitcoin. Musk replied bluntly: “Fiat is hopeless, so yes.” Elon Musk’s stance on Bitcoin and fiat currencies has fluctuated over the years. In 2020, Musk famously quipped that Bitcoin was “almost as BS as fiat money,” only to later show public support for digital currencies in 2021. More recently, Musk introduced the XChat messaging app, which…
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Japanese Tokyo-listed MetaPlanet is set to launch a new class of preferred stock backed by Bitcoin, offering annual yields of up to 9–10%. The high yielding instrument is believed to be a high attraction to investors, especially given that Japan’s interest rates are near historic lows. Aimed at shaking up Japan’s traditionally conservative fixed income market, this product is set to be denominated in Japanese yen. Japan’s inflation currently hovers around 3.5%. While Japanese households hold over 2,200 trillion yen in financial assets, according to Crypto analyst Adam Livingston a large portion of this money continues to erode real returns…
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In a move that sent the crypto community into a frenzy, two Bitcoin wallets that had remained dormant for over 14 years suddenly sprang to life late Thursday night. The wallets, each holding 10,000 BTC were originally funded on April 3, 2011, when a larger wallet transferred 23,377.83 BTC to three different addresses. Of the three, two received 10,000 BTC each, while the third was sent 3,377.83 BTC which was moved shortly after the transfer in 2011. However, the two main wallets labeled “12tLs…xj2me” and “1KbrS…AWJYm” sat completely still for over a decade. Then, in a span of just 30…