Crypto News

Metaplanet's (3350) board of directors has approved a capital injection of up to $5 billion for its U.S. subsidiary, Metaplanet Treasury Corp, in a bid to speed up its bitcoin BTC acquisition strategy.The Japanese hotel company set up its Florida-based subsidiary on May 1, aimed at expanding its global bitcoin treasury operations. The contribution is expected to significantly accelerate the implementation of its “555 million plan,” disclosed earlier on June 6, the company said in a statement. Metaplanet’s strategic objective is to accumulate up to 210,000 BTC by the end of 2027, leveraging the deep capital markets and advanced institutional infrastructure in the U.S. to optimize acquisition and management processes. This U.S. expansion aligns with the company’s broader vision to...

Regulation breeds stability, and stability fuels capital flows. With the GENIUS Act passing the Senate last week, Washington has sent its strongest signal yet: crypto is now an American priority. Crypto Has Clarity Now On Tuesday evening last week, the United States Senate passed the GENIUS Act – a historic and resounding affirmation that cryptoSource link

Multiple analysts have repeatedly pointed to $120,000 as bitcoin's BTC price target this year. Recent developments have strengthened that bullish case, driven by four key factors: the spot price, central bank policy, energy market trend, and technical setup.Let's take a look at those in detail.BTC's love affair with $100KRecently, a crypto trader said that the best marketing for any asset is its price, highlighting an idea which is similar to legendary trader George Soros' theory of reflexivity. Soros explained that market perceptions and prices create a feedback loop – higher prices attract more buyers, which in turn drive prices higher, often far beyond what fundamentals suggest.In this context, bitcoin's resilience, marked by prices holding largely above $100,000 through the Iran-Israel...

FHFA Director Bill Pulte, a longtime crypto supporter, said the agency will examine how digital assets factor into home loan qualification.Source link

Kindlymd and Nakamoto Holdings have secured an additional $51.5 million in PIPE financing to expand their bitcoin treasury strategy, bringing total raised funds to $763 million. Bitcoin Treasury Plans Boosted as Kindlymd and Nakamoto Lock in Fresh Funding Kindlymd, Inc. (NASDAQ: NAKA) and Nakamoto Holdings Inc. have announced the successful close of an additional $51.5Source link