Crypto News
Metaplanet Acquires Additional 2,205 Bitcoin, Boosting Total Holdings to 15,555 BTC
Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 2,205 bitcoin, increasing its total holdings to 15,555 BTC. The latest purchase was made at an average price of 15,640,253 yen per bitcoin (approximately $108k USD), amounting to a totalSource link
Bitcoin Core Developer Arrested in El Salvador For Allegedly Calling Neighbor ‘Stupid’
The developer says he has now been released but was allegedly detained and faced up to eight years in prison after his Salvadoran neighbor accused him of calling her “stupid” during a dispute over a piece of land. Bitcoin Core Contributor Arrested After Dispute With Neighbor Thanks to a bizarre quirk in a Salvadoran lawSource link
Hyperliquid Trader Qwatio Loses $3.7M This Week on Extreme Bitcoin, Ether Shorts
One ultra-leveraged Hyperliquid trader has been liquidated five times over the weekend and has lost nearly $3.7 million in the past week with aggressive bitcoin (BTC) and ether (ETH) shorts, according to on-chain data.Qwatio, a heavily leveraged Hyperliquid trader in the style of James Wynn, has been opening short positions on BTC and ETH when the tokens are at sessional lows.This move is a flip from his strategy earlier this year when he traded BTC and ETH via aggressive longs.Qwatio first got on the radar of Crypto Twitter when they opened a 50x leveraged BTC and ETH bets worth $200 million in the hours before U.S. President Donald Trump signed an executive order to create a crypto reserve – which...
Dogecoin Pops 6% to Lead Majors Gains as Bitcoin Nears $110K on Fresh Rate-Cut Optimism
Dogecoin (DOGE) surged over 6% in the past 24 hours to lead gains among major cryptocurrencies, as bitcoin (BTC) bounced toward the $110,000 mark on renewed rate-cut hopes and easing fears around looming U.S. tariffs.The rally came after U.S. officials clarified that President Trump’s long-anticipated tariff hikes would not go into effect immediately, giving countries more time to negotiate.The initial July 9 deadline sparked concerns over a sharp deterioration in global trade, but Treasury Secretary Scott Bessent said on Sunday that nations without a deal would likely receive a three-week extension to reach agreements before the new levies take effect on August 1.“Markets are rallying after it was revealed countries will have more time to negotiate before tariffs take effect,”...
Latam Insights: Brazil Floats BRICS Currency, Tether Pushes Green Bitcoin Mining
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Brazil proposes the issuance of a new BRICS trade currency, Tether pushes a green bitcoin mining initiative, and the Central Bank of Brazil faces a hack. Brazilian President Lula Proposes BRICS DevelopSource link