Japanese investment firm Metaplanet (3350) said it will sell a second $25 million of bonds to EVO FUND to fund further purchases of bitcoin (BTC). The Tokyo-based company agreed to issue the debt only days after selling the same amount of bonds to the same buyer. The bonds, which will bear no interest, have a […]
Bitcoin Races Above $97K on U.S./China Trade Deal Progress
A thawing in the trade stance from both the U.S. and China has sent risk assets higher in the hours since the U.S. stock market closed on Wednesday. “The current tariffs and trade barriers are unsustainable, but we don’t want to decouple,” said U.S. Treasury Secretary Scott Bessent, disclosing plans to travel to Switzerland to […]
Bitcoin Dominance Soars Ahead of FOMC as Volatility Burst Looms, Says Analyst
Bitcoin (BTC) tightened its grip on the crypto market on Tuesday, with dominance surging to fresh four-year high as crypto traders rotated into the market’s anchor asset ahead of tomorrow’s key Federal Reserve policy meeting. BTC held steady around the $94,000-$95,000 area, up a modest 0.4% over the past 24 hours and extending a tight-range […]
SOL Strategies Buys $18M of Solana Tokens With First Tranche of $500M Note Deal
SOL Strategies (HODL), the Toronto-listed digital asset firm focusing on Solana (SOL), said on Tuesday it has acquired over $18 million worth of SOL tokens, using proceeds from a newly secured financing deal. The company purchased 122,524 SOL for $18.25 million at an average price of $148.96 per token, according to a press release. The […]
Florida Withdraws Strategic Bitcoin Reserve Bills From Consideration
Florida has withdrawn two bills related to the creation of a state-level strategic bitcoin (BTC) reserve. House Bill 487 and Senate Bill 550 have been “indefinitely postponed and withdrawn from consideration,” according to the state Senate website. The two bills, which were both filed in February, sought to allow investment of public funds in BTC. […]
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