The yen is trading near its weakest level in four decades, and Japanese companies are moving crypto onto their balance sheets to escape it. SBI VC Trade on Tuesday said corporate demand for bitcoin and XRP is climbing as the currency’s slide pushes firms to… Read More
Binance has introduced a product for bitcoin BTC$63,010.92 holders looking to earn extra yield on their investment without selling any of it, joining the likes of BlackRock in helping them maximize returns. The product, BTC Yield, is available inside Binance Earn and is designed exclusively… Read More
Barstool Sports founder Dave Portnoy said this week that he will hold his bitcoin BTC$62,728.82 all the way down to zero if necessary, while admitting his struggle with timing the market. “I’m holding. I’ll hold this thing down to zero,” Portnoy told FOX Business’ Stuart… Read More
Large bitcoin holders bought more than 270,000 bitcoin BTC$62,601.89 ($16.7 billion) over the past two weeks, stepping in as U.S. institutions pulled money out at a record pace. U.S. spot bitcoin exchange-traded funds (ETFs) shed $4.06 billion in June, their worst month since listing, past… Read More
Metaplanet (3350) announced the purchase of an additional 2,823 BTC ($170.7 million), bringing its total treasury to 43,000 BTC ($2.6 billion). The acquisition cements the Tokyo listed firm as the third largest publicly traded company holding bitcoin, trailing only Strategy MSTR) and Twenty One Capital… Read More
The crypto market enters the final stretch of the month in a perilous position with bitcoin BTC$59,832.96 still below $60,000 and ether (ETH) less than $1,600. The bitcoin price has now lost more than 50% of its value since October’s record high, with analysts suggesting… Read More
