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Japanese firm Metaplanet to invest $58.76M in Bitcoin

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Metaplanet, a major Japanese investment firm, has committed ¥10 billion (approximately $70 million) to Bitcoin, marking one of the largest single investments in the cryptocurrency by a Japanese company. This strategic move highlights the firm’s confidence in Bitcoin as a valuable asset and its potential for significant returns.

The investment comes as part of Metaplanet’s broader strategy to diversify its portfolio and capitalize on the growing adoption of digital assets. By allocating a substantial portion of its funds to Bitcoin, Metaplanet aims to leverage the cryptocurrency’s performance and contribute to its long-term growth.

This significant investment reflects a broader trend of institutional and corporate interest in Bitcoin and other cryptocurrencies. As digital assets continue to gain traction in mainstream finance, major players like Metaplanet are increasingly recognizing their potential as a hedge against traditional financial market fluctuations.

Metaplanet’s move also underscores the growing acceptance of Bitcoin in Japan, a country known for its progressive stance on digital currencies. The firm’s investment is expected to bolster its position in the cryptocurrency market and set a precedent for other Japanese companies considering similar investments.

The decision to invest ¥10 billion in Bitcoin is seen as a strong endorsement of the cryptocurrency’s viability and a strategic alignment with Metaplanet’s long-term financial goals. As the cryptocurrency landscape evolves, such high-profile investments are likely to influence market dynamics and investor sentiment.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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