Metaplanet (3350), the largest Bitcoin holding company in Japan and the third largest Bitcoin cash company in the world, holding 40,177 BTC on its balance sheet, has confirmed a delay in the planned listing of its preferred shares. CEO Simon Gerovich cited the complexity of navigating Japan’s underdeveloped preferred stock market as the main reason […]
As part of a significant change in Bitcoin’s market structure, the amount of supply held by “conviction buyers” has jumped to nearly 4 million BTC, according to BitGo data cited by Bitfinex on Wednesday. Bitcoin in the hands of long-term buyers currently represents a 300% increase since the end of 2025, signaling a massive migration
70% of long-term holders take profits as bitcoin bottom hardens Read More »
KDDI, one of Japan’s largest telecommunications companies, is set to own a 14.9% stake in local cryptocurrency exchange operator Coincheck Group (CNCK) after striking a $65 million deal. The telecommunications giant will subscribe for 28.5 million newly issued Coincheck Group shares priced at $2.28 each, Coincheck announced Wednesday. The deal is expected to be finalized
Americans are sending Washington a clear message: The United States must lead the future of digital finance, not lag behind while other countries write the rules. A new HarrisX national survey of registered voters found that 70% believe the United States should have already passed crypto legislation, 62% say it is important for America to
It’s time for clarity in the US digital asset markets Read More »
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2185.22, down 0.3% (-5.55) since yesterday’s close. Seven of the 20 assets are trading higher. Leaders: DOT (+2.6%) and BNB (+1.7%). Lagging behind: SUI (-3.2%) and TAO (-2.7%).
SUI falls 3.2% as index trades lower Read More »
U.S. producer prices for April were much higher than expected on Wednesday, complicating the Federal Reserve’s move to ease monetary policy later this year. The April producer price index rose 1.4% month over month, nearly triple economists’ expectations of a 0.5% increase. Annual producer inflation accelerated to 6%, while core PPI excluding food and energy
Higher-than-expected inflation data sends BTC below $80,000 Read More »
The copper/gold ratio rose above its 200-day moving average for the first significant time since September 2020, a development that historically coincided with the early stages of Bitcoin. BTC$80,492.82 bull markets. The ratio currently stands at 0.00142, with copper trading at $6.65 per pound and gold at nearly $4,700 per ounce. Previous increases in the
Why the Copper to Gold Breakout Could Indicate a Bitcoin (BTC) Breakout Read More »
Bitcoin BTC$80,949.32a leading indicator of risk sentiment, remains a model of stability ahead of President Donald Trump’s arrival in Beijing for talks with his Chinese counterpart, Xi Jinping. The largest cryptocurrency recently traded up 0.5% since midnight UTC at $80,900, in line with the gain of the CoinDesk 5 Index (CD5). All five members of
Bitcoin (BTC) Price Remains Below $81,000 With Trump-Xi Negotiations on the Horizon Read More »
Bitcoin BTC$80,949.32 is waging a key technical battle and trading just below two closely watched long-term trend indicators: the 200-day simple moving average (200SMA) at $82,455 and the 200-day exponential moving average (200EMA) at $82,027, according to Glassnode data. The 200SMA calculates the average closing price over the last 200 days, weighting each day equally.
Bitcoin Tests Key Resistance Zone to Form Next Major Breakout Read More »
Charles Schwab, the brokerage giant that manages approximately $12 trillion in client assets, has begun rolling out its cryptocurrency spot trading service to retail clients in the United States. A first group of customers can now exchange bitcoins BTC$80,947.38 and ether (ETH) on the Schwab Crypto platform, the company published on X on Tuesday. In
Charles Schwab Begins Rollout of BTC and ETH Spot Trading for US Retail Clients Read More »
