Global #Bitcoin

Japanese firm Metaplanet is making a bold move amidst the weakening yen by investing one billion Japanese yen (approximately $6.5 million USD) into Bitcoin.

This week's massive $9.25 billion Bitcoin options expiry is a pivotal event for the cryptocurrency market, with both bulls and bears eagerly anticipating the outcome. The expiry, which is set for June 28th, has the potential to significantly impact Bitcoin's price trajectory in the short term.

Marathon Digital, a major Bitcoin mining company, is dipping its toes into new waters. In a recent announcement, the company revealed it has mined $16 million worth of Kaspa (KAS) tokens since September 2023.

While the recent Bitcoin crash sent shockwaves through the market and triggered a wave of panic selling, on-chain data reveals a different story among the largest holders, often referred to as "whales."

German law enforcement appears to be continuing the sale of confiscated Bitcoin, according to recent on-chain analysis. This follows a prior sale of around $170 million worth of the cryptocurrency last week.

Bitcoin (BTC) has long been the king of cryptocurrencies, but Ethereum (ETH) is making a strong case for the throne. While Bitcoin remains the most valuable crypto by market cap, Ethereum boasts unique features that are attracting growing interest.