Crypto News
Metaplanet Raises $745 Million for Largest Bitcoin Purchase in Asia
The strategic bitcoin roadmap by Metaplanet for 2025 and 2026 will see the company establish itself as one of the largest bitcoin owners globally. Metaplanet Doubles Down on its Bitcoin Position Metaplanet, fondly known as Asia’s MicroStrategy, has announced that it will raise approximately $745 million (¥116 billion) for more bitcoin purchases by issuing 21Source link
DeepSeek Rattles Markets, FED decision this Week, Abstract Launches Today
BTC dives on DeepSeek’s impact on tech stocks. FOMC this week also blamed for de-risking. Liquidations hit $500m, funding rates flip negative. MicroStrategy buys $1.1bn more BTC. BTC heading for $70-75k: Hayes. BTC dominance rises back to 60%. Elon wants blockchain for government .efficiency. Cheaper LLMs will just lead to more demand: Pal. IBIT applies for in-kind creation and redemption. $1.9bn weekly inflows to crypto ETPs. Kraken faces setback in case against SEC. Jupiter acquires Moonshot to bolster trading. JUP up 20%, announces new fees & buyback model. Crypto hiring has ‘come roaring back’. Republicans launch debanking investigation. a16z shuts London office and exits UK.Source link
CoinDesk 20 Performance Update: XRP Gains 6.6% as Index Trades Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3796.28, up 3.3% (+120.73) since 4 p.m. ET on Monday.Seventeen of 20 assets are trading higher.Leaders: XRP (+6.6%) and XLM (+5.3%).Laggards: RENDER (-2.7%) and NEAR (-0.7%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Binance Is Being Investigated for Money Laundering by French Authorities
The crypto exchange vehemently denies the allegations, saying it's "deeply disappointed" they're being pursued.Source link
Deepseek Mania Triggers Widespread Losses for Publicly Traded Crypto Firms and Bitcoin Miners
As U.S. and European equities faltered on Monday amid a surge of interest in the artificial intelligence (AI) platform Deepseek, publicly traded bitcoin mining companies faced significant setbacks during the market downturn. Bitcoin Mining Stocks Suffer Heavy Losses A total of 32 publicly traded mining firms endured sharp declines yesterday, largely attributed to the marketSource link