Metaplanet, the third-largest Bitcoin treasury firm, transferred 3,881 BTC worth about $247 million in several transactions, though it is unclear if these were sales. The company faces a significant unrealized loss of nearly $1.6 billion due to a 38% drop in Bitcoin prices since acquisition. Following these moves, Metaplanet's stock fell more than 5%, reflecting investor concerns amid ongoing Bitcoin price pressure and similar sell-offs by other treasury firms. The firm still holds over 36,000 BTC valued at $2.3 billion, and the market awaits further developments as Bitcoin prices remain volatile ahead of key US inflation data.
On August 30, 2026, the Cronos blockchain stopped block production after an attacker manipulated the price of Tectonic's TONIC token by about 100 times within 20 minutes. The attacker used the inflated token as collateral to borrow and drain $66M to ...
MicroStrategy CEO Michael Saylor announced the company is 'back' to buying Bitcoin after a 10-week pause, driven by improved financial conditions. The company's $6.69 billion cash reserve now nearly offsets its $6.71 billion convertible debt, reducin...
Michael Saylor signaled that Strategy may restart Bitcoin purchases after a 10-week halt, though no new buys are confirmed yet. The company holds 840,447 BTC valued at $63.36 billion with an average cost of $75,385 per Bitcoin. Recently, Strategy foc...
The US cattle herd is at its smallest in 75 years, causing high beef prices. President Trump announced plans to waive tariffs on imported ground beef for 90 days and is pushing to allow ranchers to process their own meat, aiming to break the dominanc...
Ripple's regulated stablecoin RLUSD has seen its supply on Ethereum grow by 93% in the past 30 days, pushing Ethereum's share to 56.1% of total supply, surpassing the XRP Ledger's 43.9%. This shift is driven by institutional demand for DeFi services ...
