Crypto News
Crypto Daybook Americas: Risk-Off Vibe Lifts Bitcoin With CPI Data Looming
By James Van Straten (All times ET unless indicated otherwise)Macroeconomic factors continue to drive bitcoin's (BTC) short-term price volatility as it holds steady above $80,000, with a wave of significant news emerging over the past 24 hours.Still, there's a risk-off feeling in the air as the divergence between bitcoin and the broader crypto market grows. Bitcoin dominance has surged to 62%, approaching a year-to-date high, while the ether-to-bitcoin (ETH-BTC) ratio has turned negative on a four-year compound annual basis, meaning ETH is underperforming.Meanwhile, Trump’s trade wars persist as another concern reining in optimism in the market. That's not just with Canada, but also in the form of metal tariffs, prompting retaliatory measures from the European Union.One of the most intriguing...
Metaplanet Buys Up Another $13.2 Million in Bitcoin Amid Crypto Market Rebound
The Japanese firm now holds roughly $250 million in Bitcoin as it ramps up its accumulation strategy and buys the dip.Source link
Line Partners With Sony’s Soneium to Launch Blockchain Mini-Apps for 200 Million Users
Line, Japan’s largest social media network, has announced a partnership with Sony’s recently launched “Soneium” blockchain to introduce blockchain-powered mini-apps to its 200 million users. This collaboration aims to enhance user experience and facilitate new blockchain interactions while providing developers with tools to foster innovation within the ecosystem. Soneium, which has quickly gained traction withSource link
Bitcoin’s Four-Year Compounded Annual Growth Rate Drops to Record Low of 8%
Bitcoin's (BTC) four-year compound annual growth rate (CAGR) has dropped to its lowest recorded level of 8%, according to Glassnode data. The four-year period was chosen to align with bitcoin’s (BTC) halving cycle while also capturing the typical bull/bear market cycle, which tends to follow a similar timeframe.In March 2021, four years prior, bitcoin was trading around $60,000, near the peak of the previous market cycle. The decline in CAGR is expected as bitcoin's volatility and returns diminish over time as the asset matures. However, this metric is highly dependent on the reference points. In 2021, Bitcoin was experiencing a blow-off top early in the cycle, whereas in March 2025, $80,000 could be marking a cycle bottom. The ether (ETH)-to-bitcoin...
Metaplanet Borrows $13.5 Million (¥2 Billion) to Buy More Bitcoin
Japanese hotel developer and bitcoin treasury firm Metaplanet is borrowing ¥2 billion or roughly $13.5 million to buy more bitcoin (BTC). The company posted the announcement via its X account on Tuesday evening. Metaplanet currently owns 2,888 BTC and recently implemented a strategy that will see it purchase 21,000 bitcoin by 2026. The firm alsoSource link