Metaplanet Hits 5,555 BTC Mark After Latest 555 Bitcoin Purchase
Japanese investment firm Metaplanet has taken another major step in its Bitcoin accumulation strategy, acquiring an additional 555 BTC. This latest purchase brings the company’s total holdings to 5,555 Bitcoin—worth over $536 million at current market prices. According to a disclosure on May 7, the Tokyo-listed company spent approximately $53.4 million to buy the 555 […]
Bitcoin-Backed Lending Gaining Traction as Confidence in Market Grows, Says Xapo Bank CEO
As Bitcoin solidifies its place in the financial world, more investors are becoming comfortable using their crypto as collateral for loans, according to Seamus Rocca, CEO of Gibraltar-based Xapo Bank. Speaking at Token2049 in Dubai, Rocca explained that with Bitcoin trading around $95,000 and institutional interest continuing to rise, the mindset of many holders has […]
Trump-Backed Stablecoin USD1 Becomes 7th Largest Globally
USD1, a US dollar-pegged stablecoin introduced by World Liberty Financial (WLFI) — a company publicly supported by former President Donald Trump — has rapidly climbed the ranks to become the world’s seventh-largest stablecoin just two months after launch. WLFI is currently conducting a community vote on an airdrop proposal for USD1, as the token’s market […]