CryptoNews

Metaplanet Buys 2,823 Bitcoins for $225M as Treasury Reaches 43,000 BTC Holdings

Metaplanet purchased 2,823 bitcoin during Q2 2026 for $225 million at an average price of $78,872 per bitcoin. This grew its total treasury to 43,000 BTC, with an aggregate lifetime cost basis of $4.09 billion. Key Takeaways Metaplanet Inc. added 2,823 BTC in Q2 2026, lifting holdings to 43,000 BTC. The firm’s BTC options unit earned $10.95M, signaling growing market impact. Officials said 2026…
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CryptoNews

Why Bitcoin Retested $58K Despite Supportive Macro Backdrop

Bitcoin retreated toward $58K despite improving financial conditions, highlighting an unusual market divergence. Analysts said persistent crypto-specific selling, rather than broader macroeconomic pressure, has kept the asset disconnected from equities, Treasury yields, and gold. Key Takeaways Bitcoin slipped near $58,000 even as Treasury yields eased, equities reached record highs, and gold…
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CryptoNews

Strategy’s Bitcoin Sale Authorization Reduces Risk of Forced BTC Selling, Analysts Say

Strategy’s authorization to sell up to $1.25 billion in bitcoin to support its dollar reserve reduces the risk of forced BTC selling and signals a shift toward more active treasury management, analysts say. Key Takeaways Strategy is authorized to sell up to $1.25 billion in bitcoin for its dollar reserve. Analysts said the move reduces liquidity concerns tied to about $1.76 billion in annual…
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CryptoNews

Bank of Ghana Orders Banks to Halt Crypto Dollar Wallets as Enforcement Risks Rise

The Bank of Ghana has issued a mandatory directive ordering all regulated financial institutions to immediately stop supporting unauthorized foreign currency digital wallets offered by cryptocurrency platforms. Key Takeaways On June 12, the Bank of Ghana ordered local banks to halt support for unapproved crypto USD wallets. Over 2 pieces of legislation, including a 2019 Act, make these…
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