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Metaplanet Announces Joining Study to Bring BTC-Powered Digital Credit to Japan

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“The four companies will explore issues in product design, the need for proof-of-concept initiatives and the possibility of future issuance,” Metaplanet said in a statement. “At this time, nothing has been determined regarding the timing of issuance, terms, returns, product details, distribution methods or the form of cooperation.” Japan’s traditional credit market leans in favor […]

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Bitcoin (BTC) price challenges Monday’s rejection level as ether (ETH) looks to break its streak of lower highs

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The crypto market took another leg higher on Friday with bitcoin BTC$64,406.27 traded at $64,400, up 2% since midnight UTC. The largest cryptocurrency is currently at the price it failed to penetrate on Monday. If it can break past this level, it is likely to advance towards the June 15 high of $67,250. Ether (ETH)

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Meta ordered by the EU to change the ‘Addictive Design’ of Instagram and Facebook

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Meta was asked by EU regulators on Friday to make major design changes to Instagram and Facebook to make the services less addictive or risk heavy fines. Regulators in Brussels said the “addictive design” of Meta’s two social media services breached EU law and needed to remove features such as “infinite scrolling” and auto-play videos.

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Polymarket takes next step in US comeback with margin trading plan

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Prediction market Polymarket applied for a license to offer US users margin trading, enabling them to place bets with less upfront capital, Bloomberg reported on Thursday. Polymarket’s U.S. subsidiary, Coming Home GBA LLC, applied for a futures commission merchant license with the National Futures Association, Bloomberg said, citing a company representative. Polymarket will also require

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Bitcoin trades above key technical support as 307-day consolidation nears all-time high

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Bitcoin BTC$64,314.69 trading around $64,000, marking 307 days within the $60,000-$70,000 range. The consolidation interval is now the third-longest period spent in a $10,000 price band in bitcoin history, trailing only $10,000-$20,000 and $20,000-$30,000 during the bear markets of 2018 and 2022, respectively, according to Glassnode data. From a technical perspective, bitcoin continues to trade

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Bitcoin’s gets bullish signal from MACD. Next stop above $70,000?

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Traders typically do not rely on a single indicator to determine market trends. But this particular MACD has proven reliable as a stand-alone gauge through the price crash from the record high of $126,000. Since October, negative crossovers have reliably marked the start of steeper declines, while positive crossovers have preceded meaningful recoveries — including

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Bitcoin ETFs are bleeding again, while ether funds snap a five-day inflow

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U.S. spot bitcoin ETFs lost a net $95 million on Thursday, per SoSoValue data, while ether ETFs lost about $52 million, ending a five-day inflow that had been the steadier side of the market. Fidelity’s FBTC drove bitcoin outflows at about $63 million, followed by ARKB at about $40 million. BlackRock’s IBIT was flat, neither

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XRP price jumps 2% on bitcoin strength as buyers push through $1.10 resistance

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• The main eruption came around 01:00 UTC, when volume jumped to 43.51 million XRP, about 88% above the 24-hour average. • The move took XRP to an intraday high of $1.1065 before the price stabilized near $1.1020-$1.1040. • A later 60-minute rally reached 14.17 million in volume, pushing XRP from $1.0958 to $1.1052, before

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What then when bitcoin becomes almost 64,000 dollars

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“Once liquidations start to drive price action, the market can move faster than real demand would justify,” said Shawn Young, chief analyst at MEXC Research, who is watching bitcoin trade within the $60,000 to $63,000 band now that the initial recovery is underway. MSCI’s Asia-Pacific shares rose 1.4% as investors returned to semiconductor stocks on

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