Metaplanet Inc Receives 1B Yen Loan To Buy More Bitcoin
Metaplanet Inc, the Japanese investment company, has decided to borrow 1 billion Japanese yen ($6.8 million) from one of its owners to buy more Bitcoin. “Asia’s MicroStrategy” borrowed $6.8 million from one of its owners to buy more Bitcoin, just two days after saying it wanted to raise $70 million through a stock rights offering. […]
Bitcoin Whale Transactions Hit Peak Levels Amid Crypto Dip
During a huge drop in the cryptocurrency market on August 5 and 6, onchain data shows that the number of Bitcoin whale transactions reached its biggest since April. As Bitcoin fell below $50,000 on “Crypto Black Monday,” Santiment found that wallets holding 10 to 1,000 BTC “rapidly accumulated.” On August 8, Santiment, an on-chain analytics […]