CryptoTrend News Desk
Despite being in what many traders call a “distribution phase,” XRP distribution continues to draw bullish forecasts from analysts who believe the altcoin will eventually reach the $30 price objective. According to market observers, while XRP’s current price action indicates consolidation and profit-taking among significant holders, the larger structure remains supportive of a long-term advance. … Read more
A new tendency is emerging among long-term Bitcoin holders, and it isn’t motivated by fear or loss. According to a recent Cointelegraph report, many Bitcoin OGs (early adopters who amassed BTC in the early years) are carefully selling their coins to capitalize on the tax benefits of Bitcoin ETFs. Analysts believe this process is less … Read more
Metaplanet Inc., a Tokyo-based investment firm, has revealed plans to arrange a $100 million Bitcoin-backed loan to fund more BTC purchases and a company share repurchase scheme. The move reflects the firm’s growing commitment to Bitcoin as a primary treasury asset, which is consistent with MicroStrategy’s corporate strategy. According to a report from Cointelegraph, Metaplanet … Read more
Zerohash, a crypto infrastructure startup, has obtained a MiCA license in the European Union, a significant regulatory milestone that comes amid speculations of a $2 billion takeover by Mastercard, according to Cointelegraph. Zerohash Expands in Europe with MiCA Approval Zerohash, a cryptocurrency infrastructure provider, has successfully acquired clearance under the EU’s Markets in Crypto-Assets (MiCA) … Read more