Author: driver789

Tokyo-listed Metaplanet has issued 8 billion Japanese yen ($50 million) in zero-interest bonds to EVO FUND, with the proceeds earmarked for additional Bitcoin purchases, according to a Thursday filing.According to the filing, the 20th series of ordinary bonds matures in April 2027 and is unsecured, giving Metaplanet another source of zero-interest funding as it expands one of the largest corporate Bitcoin treasuries in the market.EVO FUND, a Cayman-based fund at the core of Evolution Financial Group, specializes in structured financings for digital asset-focused companies and is the main subscriber to Metaplanet’s zero-interest bonds used to fund Bitcoin purchases.Under the terms…

Ethereum price fell for the second straight day on Friday as institutional investors took a step back from the asset as they weighed rising geopolitical risks. Summary Ethereum price fell for a second straight day, dropping 4% from recent highs as spot ETF flows turned negative after a 10-day inflow streak. Spot Ethereum ETFs recorded $75.94 million in net outflows, signaling cautious positioning by institutional investors amid rising geopolitical tensions. Technical indicators point to downside risk, with ETH testing key trendline support and potential targets at $2,200 and $2,000 if selling pressure intensifies. According to data from crypto.news, Ethereum (ETH)…

Michael Saylor, executive chairman of Strategy (MSTR), the largest publicly traded holder of bitcoin BTC$77,699.69, said Thursday on X that the crypto winter is over as bitcoin held above $78,000, a price level first reached early on April 22, according to CoinDesk data.In a Game of Thrones-style image, dressed in a fur coat, a garment not particularly suited for when the winter is over, and mounted on a horse, Saylor, whose firm recently added 13,927 bitcoin, bringing its treasury’s total BTC holdings to 780,897, said “Winter’s over”, a statement not all crypto analysts agree with.“Even if the winter is over…

Following the bitcoin recovery above the $76,000 level last week, the Dogecoin price also saw a notable increase, rising by more than 10% in a 7-day period. This naturally saw a rise in interest in the meme coin and translated to a surge in its open interest. While this initial surge has been bullish, it now begs the question of whether the digital asset will be able to maintain this trajectory or risk another crash. Dogecoin Open Interest Reaches 2-Month Highs When the Dogecoin price surged past $0.1 recently, the open interest rose rapidly at the same time. The result…

The White House has reportedly confirmed that US President Donald Trump will attend the exclusive event for top TRUMP memecoin holders at his Florida residence on Saturday, after questions were raised earlier this month over whether he would attend.Reuters reported on Friday that the White House confirmed Trump would deliver a keynote address at the gala luncheon organized by the company behind his Official Trump (TRUMP) memecoin.The gala is set to take place at Mar-a-Lago. It will be open to the top 297 holders of the TRUMP token, and the top 29 holders will also qualify for a private reception…

Investment banking giant Morgan Stanley has made a quiet by significant move into stablecoins, expanding its footprint in the digital assets industry.The firm’s investment management arm, MSIM, has announced the launch of the Stablecoin Reserves Portfolio – a government money market fund designed for issuers of stablecoins who need a regulated, safe place to store the reserves backing their tokenized versions of fiat currencies.Here is the simple version of what the fund is designed to do.When a company issues a stablecoin – a digital token pegged to the U.S. dollar or other fiat currencies – it must hold real dollars…

XRP ETFs have shifted sharply after a shaky start to the year, and the change is evident in both flows and the market. Following a troubling first quarter, funds have recorded strong, sustained inflows that helped push the altcoin above the $1.40 level.  XRP ETFs Hit Best Week Of 2026 Market expert Sam Daodu, writing for 24/7 Wall St., reported that XRP ETFs brought in $55.39 million during the week ending April 17, which he described as the best weekly performance of 2026 to date. On April 20, the funds added another $3 million.  Just as important for sentiment, there…

Crypto’s push for instant settlement is creating a capital inefficiency problem, forcing trading firms to fund every transaction in full and raising concerns about how the market can scale as volumes grow.In practice, that usually means that firms cannot offset what they owe against what they are owed, forcing them to move more capital than necessary to settle trades.Ethan Buchman, founder of Cycles Protocol and a co-founder of Cosmos, says crypto markets are “asset-brained.” He argues it treats the financial system like a global stock market where value is constantly moved and swapped.“But that misses the whole other side of…

More than 100 crypto firms and industry groups are pressing the U.S. Senate to advance long-awaited market structure legislation, warning that continued inaction risks pushing innovation and capital outside the country. In a joint letter sent April 23, the Crypto Council for Innovation and the Blockchain Association urged the Senate Banking Committee to move forward with a markup of the “Clarity Act,” a bill designed to establish a comprehensive federal framework for digital assets. The letter, seen by Bitcoin Magazine, was addressed to Committee Chairman Tim Scott, Ranking Member Elizabeth Warren, Subcommittee Chair Cynthia Lummis, and Ranking Member Ruben Gallego,…

Key takeaways:The spot ETH ETFs recorded ten consecutive days of net inflows, totaling $633 million.Weekly DApps revenue on the Ethereum network fell to $13 million, following a broader decline seen in Solana and BNB Chain.Ether (ETH) struggled to trade above $2,400 on Thursday, but consistent inflows into Ethereum spot exchange-traded funds (ETFs) reflect the bulls’ attempt to regain momentum. Ether’s price rallied alongside Bitcoin’s (BTC) recovery to $79,000, prompting traders to question whether ETH will attempt a run to $3,000.Spot ETH ETF daily net flows, USD. Source: SoSoValueOn Wednesday, the ETH spot ETFs completed 10 consecutive days of net inflows,…