Metaplanet acquires ¥4 billion worth of Bitcoin, shares jump 73% YTD

Key Takeaways Metaplanet acquired 269 Bitcoin worth ¥4 billion, raising its total to 2,031 BTC. The firm’s stock increased 73% YTD, mainly driven by its Bitcoin-focused strategy. Share this article Tokyo-listed investment firm Metaplanet announced Monday it acquired 269 Bitcoin worth ¥4 billion. The company’s stock has gained 73% year-to-date, according to MarketWatch data, with the increase notably following its Bitcoin strategy announcement. *Metaplanet purchases additional 269.43 $BTC* pic.twitter.com/gIkpqVdALK — Metaplanet Inc. (@Metaplanet_JP) February 17, 2025 Metaplanet’s latest Bitcoin buy boosts their total holdings to roughly 2,031 BTC. At today’s…

Cardano (ADA) Bulls in Action—Is a New Upside Run Beginning?

Cardano price started a fresh rally above the $0.750 zone. ADA is now consolidating gains and might aim for a fresh move above the $0.80 level. ADA price started a fresh rally above the $0.720 and $0.750 levels. The price is trading above $0.750 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.770 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it clears the $0.80 resistance zone. Cardano…

XRP Price Settles After Gains—Is a Fresh Upside Move Coming?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Faces Renewed Pressure—Is a Breakdown Imminent?

Este artículo también está disponible en español. Ethereum price is moving lower from the $2,800 zone. ETH might gain bearish momentum if it dips below the $2,650 support zone. Ethereum started a fresh decline below the $2,720 level. The price is trading below $2,700 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,680 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,700 and $2,720. Ethereum…