Bitcoin and Altcoins Eye Gains Following US-China Tariff Deal
A recent 90-day trade agreement between the United States and China may serve as a springboard for a broader upswing in both equity and crypto markets, as investors anticipate possible tax policy changes. On May 12, the White House confirmed that both nations agreed to temporarily lower tariffs to 10% starting May 14—a reduction of […]
Strategy Buys 13,390 BTC Worth $1.34B as Bitcoin Surges Past $100K
As Bitcoin surpassed the $100,000 milestone last week, Michael Saylor’s company, Strategy, made another major investment in the leading cryptocurrency. Between May 5 and May 11, Strategy acquired 13,390 BTC at an average price of $99,856 per coin, according to a filing with the U.S. Securities and Exchange Commission released on May 12. The total […]
Metaplanet Surpasses El Salvador in Bitcoin Holdings
Japanese investment company Metaplanet has now overtaken El Salvador in total Bitcoin reserves after a substantial new acquisition. On May 12, the Tokyo Stock Exchange-listed firm revealed it had purchased 1,241 BTC at an average price of 14.8 million yen (around $101,843 per Bitcoin), totaling approximately $129 million — its largest investment yet in terms […]