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Japan’s Metaplanet up 6% as Bitcoin stack nears 400 BTC

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Shares of MetaPlanet, the digital asset management firm, have experienced a notable increase following news that the company is on the brink of acquiring nearly 400 Bitcoin. The anticipated purchase has fueled investor optimism and driven up the firm’s stock value.

MetaPlanet’s decision to acquire a substantial amount of Bitcoin is seen as a strategic move to bolster its cryptocurrency holdings and capitalize on the digital asset’s growth potential. The acquisition, which is expected to be finalized in the coming weeks, marks a significant expansion of MetaPlanet’s investment portfolio.

The company’s stock price has surged in response to the announcement, reflecting investor confidence in MetaPlanet’s strategy and the broader positive sentiment towards Bitcoin. The rise in shares highlights the market’s reaction to the firm’s commitment to increasing its exposure to the cryptocurrency market.

A spokesperson for MetaPlanet commented, “We are excited about the opportunity to significantly enhance our Bitcoin holdings. This acquisition aligns with our long-term strategy to invest in high-potential digital assets and strengthens our position in the evolving cryptocurrency landscape.”

The planned purchase of nearly 400 BTC comes at a time of increasing institutional interest in Bitcoin and other digital currencies. MetaPlanet’s move is part of a growing trend among companies and investment firms seeking to diversify their portfolios with cryptocurrency assets.

The impact of the acquisition on MetaPlanet’s financial performance will be closely monitored by analysts and investors. The purchase is expected to provide the firm with substantial exposure to Bitcoin’s price movements and could potentially enhance its overall market value.

Industry experts view the acquisition as a positive indicator of institutional confidence in Bitcoin and the broader cryptocurrency market. It also underscores the ongoing trend of traditional investment firms integrating digital assets into their investment strategies.

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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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