Crypto News
Metaplanet Issues $13.6 Million in Zero Percent Bonds to Buy More Bitcoin
Tokyo-based Metaplanet Inc. has announced the issuance of its 7th series of ordinary bonds to raise $13.6 million (2 billion yen) to fund additional bitcoin purchases. The move, approved on Wednesday, Feb. 27, aligns with the company’s growing bitcoin treasury strategy. This follows Metaplanet’s recent $12.9 million purchase, expanding its holdings to 2,235 BTC. TheSource link
Andrew Tate DADDY Solana Meme Coin Jumps 78% as He Leaves Romania—Thanks to Trump
Solana meme coin DADDY has spiked following reports that Andrew Tate is flying to America, after being held in Romania since 2022.Source link
Crypto Holds as TradFi Sinks on Latest Trump Tariff Threat
What was shaping up to be a strong opening for U.S. stocks is less so after President Trump clarified his latest thoughts on tariffs.In a post on his Truth Social complaining about the influx of drugs from both north and south of the U.S. border, the president said tariffs will begin against Mexico and Canada on March 4 (next Tuesday). An additional 10% tariff on China will also be implemented that day, he continued.Comments Trump made at a cabinet meeting yesterday implied these tariffs weren't to begin until April.Ahead more than 1% prior to the latest threat, Nasdaq 100 futures have trimmed those gains to about 0.6%. S&P 500 futures are posting only marginal gains at press time and Dow...
Bitcoin ETFs Mark Seven Day Outflow Streak With $755 Million in Outflows
The crypto market continues to face significant challenges with bitcoin ETFs experiencing a seventh consecutive day of outflows, totaling $755 million on Wednesday, Feb. 26. Ether ETFs also saw their fifth straight day of outflows, amounting to $94 million. Sustained Outflows As Bitcoin and Ether ETFs Face Continued Investor Pullback Investor sentiment remained bearish asSource link
PayPal-Backed Raise Secures $63M to Expand Blockchain-Based Gift Card System
Raise, a PayPal-backed company specializing in digital gift cards and loyalty programs, has raised a $63 million round led by Haun Ventures. The round brings Raise’s total funding to over $220 million.Other participants included Amber Group, Anagram, and GSR, among others, according to a press release. The Chicago-based company is set to use the funds to develop its blockchain-backed Smart Cards and expand the Retail Alliance Foundation, a non-profit focused on securing and modernizing the global gift card network.The company aims to make gift cards a “fully programmable retail currency” that strengthens brand loyalty. "This isn't a reaction to market trends -- it's the result of years of investment, research, and infrastructure-building to bring a fully on-chain, programmable retail currency...