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 also … Read more

Legendary Cypherpunk Claims Bitcoin Is in the ‘Early Stages’ of a Bull Market

Adam Back, a prominent cypherpunk mentioned in the Bitcoin whitepaper, remarked that while there has been some market consolidation due to profit-taking by certain investors, demand is clearly outpacing production, with ETFs and institutions like Strategy leading the way. Legendary Cypherpunk Turns Analyst: Back Claims Bitcoin Is Entering a New Bull Market Phase While bitcoin … Read more

$99K and Counting: Bitcoin’s Meteoric Climb Mirrors Inflation Trends

On Jan. 15, bitcoin ascended to an intraday peak of $99,442 on Wednesday morning, following the release of the latest U.S. inflation data, which revealed a slowdown in core inflation. Easing Core Inflation, Explosive Bitcoin Rally: $224M Liquidated in 24 Hours At 9 a.m. Eastern Time, bitcoin was trading at $98,805 per coin, having momentarily … Read more