Crypto news
The financial world is watching the Bank of Japan (BOJ) as it prepares for a crucial monetary policy meeting scheduled for June 16–17, just before the US FOMC meeting. With potential shifts in bond-buying strategies and inflation management, investors believe the central bank’s decisions could ripple across global markets and send cryptocurrencies, especially Bitcoin (BTC),…
Plasma, a stablecoins startup, has officially completed one of the largest token sales of the year, securing $500 million in under an hour. The public presale of its native token, XPL, reached full capacity in just 40 minutes, underscoring immense interest from a global pool of crypto participants. Although initially targeting $50 million, Plasma raised…
Japanese investment firm Metaplanet Inc. (3350.T) has made waves in the financial world by announcing a dramatic escalation in its Bitcoin acquisition strategy, aiming to hold 210,000 BTC by the end of 2027. This move marks a significant strategic shift and signals growing confidence in Bitcoin’s long-term role in institutional portfolios. Metaplanet’s stock is rising…
SUI crypto, the native token of the fast-growing Layer 1 blockchain, has once again captured the market’s attention after bouncing back above the critical $3 psychological level. Although recent price action showed vulnerability, the recovery has sparked hope for another rally, especially as bullish technical signals begin to surface. The previous price drop was a…
In a move that could redefine the future of one of the most well-known projects in Web3, Yuga Labs CEO Greg Solano has formally proposed the dissolution of the ApeCoin DAO and the establishment of a new management entity called ApeCo. The proposal, “Sunsetting the DAO and Launching ApeCo,” was launched on June 5 on…
Circle Internet Group, the issuer of the USDC stablecoin, has made a thunderous debut on Wall Street, signaling a powerful shift in how the public markets view crypto infrastructure companies. Launching today on the New York Stock Exchange under the ticker symbol “CRCL,” the Circle IPO has been oversubscribed by a staggering 25 times. This…
