Metaplanet Shares Soar as Japanese Firm Mimics MicroStrategy on Bitcoin Buying
Metaplanet began as Red Planet Japan, a budget hotel operator, before pivoting to become a Web3 developer.
Metaplanet began as Red Planet Japan, a budget hotel operator, before pivoting to become a Web3 developer.
Tokens on the platform were moved to an “unknown, external address” last week while its team members were under detention
The tool has made over $5 million since going live in early March, with thousands of tokens issued daily.
The crypto market faces the U.S. tax season liquidity test around the time the Bitcoin blockchain implements the fourth mining-reward halving on April 20.
The move will allow the crypto payments firm to consolidate its custody technology.
In South Korea’s election, voters casting their ballot based on crypto policies could be decisive given the predictions of a tight election.
Liquid staking tokens like Lido, Rocket Pool, and ether.fi follow ether’s gains.
The two-week trial will test the government’s strategy of portraying complex crypto trades as simple fraud.
Rapidly expanding stablecoin supply shows that “fiat money is being moved into crypto at an accelerated pace,” 10x Research’s Markus Thielen said.
Brad Garlinghouse highlighted several macroeconomic factors behind the potential growth of the total crypto market value.