Cryptocurrency Live News & Updates
28 Jun 2025 | 12:35:11 AM IST
Metaplanet Inc. has transformed from a struggling hotel firm to Asia's leading Bitcoin proxy, boasting a 7,500% stock increase and surpassing Tesla in BTC holdings with 12,345 BTC. Metaplanet Inc. has made headlines by becoming Asia's largest corporate Bitcoin holder, surpassing Tesla with 12,345 BTC after a remarkable stock surge of 7,500%. This shift to a Bitcoin-first treasury strategy has revitalized the company, which previously struggled in traditional industries. Meanwhile, Dogecoin is consolidating between $0.15 and $0.23, with low trading volume indicating a potential accumulation phase. Bitcoin is currently testing resistance at $108,000, with traders cautious amid geopolitical events and a significant options expiry that may induce volatility. Ethereum remains below key resistance levels, while XRP is poised for potential gains as Ripple plans structural changes. Additionally, the U.S. core inflation is expected to remain low, which could influence market sentiment. As Metaplanet's ambitious plans unfold, including a target of 210,000 BTC by 2027, the broader cryptocurrency landscape is also reacting to these developments, highlighting the interconnectedness of market dynamics. Show more
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Cryptocurrency Live News & Updates
28 Jun 2025 | 12:35:11 AM IST Metaplanet Inc. has transformed from a struggling hotel firm to Asia's leading Bitcoin proxy, boasting a 7,500% stock increase and surpassing Tesla in BTC holdings with 12,345 BTC. Metaplanet Inc. has made headlines by becoming Asia's largest corporate Bitcoin holder, surpassing Tesla with 12,345 BTC after a remarkable stock surge of 7,500%. This shift to a Bitcoin-first treasury strategy has revitalized the company, which previously struggled in traditional industries. Meanwhile, Dogecoin is consolidating between $0.15 and $0.23, with low trading volume indicating a potential accumulation phase. Bitcoin is currently testing resistance at $108,000, with traders cautious amid geopolitical events and a significant options expiry that may induce volatility. Ethereum remains below key resistance levels, while XRP is poised for potential gains as Ripple plans structural changes. Additionally, the U.S. core inflation is expected to remain low, which could influence market sentiment. As Metaplanet's ambitious plans unfold, including a target of 210,000 BTC by 2027, the broader cryptocurrency landscape is also reacting to these developments, highlighting the interconnectedness of market dynamics. Show more
