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Metaplanet shares plunged 8% after UBS reopened a short position, joining Morgan Stanley in betting against Asia’s largest Bitcoin holder. UBS had closed an earlier short but re-entered with a 73.1 million share position, underscoring mounting pressure from Wall Street as a weak Bitcoin price and Metaplanet’s sliding share price threaten to undermine both its business model and its ability to raise funds for more purchases. Investment banks including Jefferies and JPMorgan also remain short, though some peers like Goldman Sachs and Citigroup have recently cut back their positions. When investors short a stock, they are betting that its share price will drop.  Metaplanet’s share price is now down more than 31% over the past month, according to Google Finance .  Metaplanet share price (Source: Google Finance) Bitcoin is down almost 3% in the past month. Morgan Stanley Is The Biggest Short Morgan Stanley MUFG has the largest short position on the Bit...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Ethereum (ETH), Solana (SOL) and Dogecoin (DOGE) took the heaviest hits after Israel’s air strikes on Iran’s nuclear and ballistic missile sites rattled markets. The crypto market slumped 4% overall after Israel’s attacks prompted Iran to launch drone strikes in retaliation. Supreme Leader Ayatollah Ali said Israel would ”pay a very heavy price.” Prime Minister Netanyahu: "Moments ago, Israel launched Operation Rising Lion, a targeted military operation to roll back the Iranian threat to Israel's very survival. This operation will continue for as many days as it takes to remove this threat." pic.twitter.com/3c8oF1GCYa — Prime Minister of Israel (@IsraeliPM) June 13, 2025 Crypto Fear And Greed Index Slides 10 Points As Bitcoin Tumbles Solana led losers among the top 10 cryptos with an 8.4% plunge, followed by Ethereum (7.7%), and Dogecoin (7.6%). Bitcoin tumbled 2.4% to trade at $105,046 as of 4:10 a.m. EST after slumping to an intraday low o f...

The video-sharing platform Rumble has announced the purchase of $17 million in Bitcoin as a part of its new treasury strategy. Indeed, the company took to X (formerly Twitter) to reveal that it has added 188 BTC to its holdings at an average price of $91,000 per Bitcoin. Rumble joins a growing list of companies that have increased their Bitcoin holdings over the last year. It was Michael Saylor’s strategy that was among the first to do so. Since the company started purchasing the leading cryptocurrency in the summer of 2020, it has spent $21 billion on the asset. JUST IN: Rumble buys 188 Bitcoin worth $17.1 million. — Watcher.Guru (@WatcherGuru) March 12, 2025 Also Read: Bitcoin: Analyst Predicts When BTC Will Bottom Out in Price Rumble Announces New $17 Million Bitcoin Purchase The last two years have seen a massive shift take place in the cryptocurrency market. Although 2025 has seen prices struggle to increase, the talk of favorable regulation on the horizon is set to lead the ...

The cryptocurrency market experiences changes and developments that shape investment choices every day. Since last month, it has been on a bullish run, even as several tokens experienced price fluctuations. The crypto market is observing a noteworthy increase in trading signals, leading investors to religiously search for the next promising token. However, spotting the next cryptocurrency to explode amidst this abundance requires a thorough understanding of the market dynamics. Today’s article identifies coins with some potential and informs investors and traders about each token. Next Cryptocurrency To Explode Today’s review highlights promising cryptocurrencies that investors should keep an eye on. Among these is a new project called Wall Street Pepe. Wall Street Pepe is a new variation of the beloved Pepe coin that aims to empower traders with exclusive market insights and tips. The token has taken the crypto scene by storm, raising over $50 million in its presale in ...

The cryptocurrency market is currently experiencing a fresh phase of renewal. The market is responding well to the new changes now that President Donald Trump has assumed duties as the 47th US president. With Bitcoin aiming for the high price spot, the altcoin market is also maintaining its steady pace. At the same time, coins like Cardano (ADA) and Dogecoin (DOGE) are gaining widespread momentum as the market continues attracting investors across the board. Here’s how both the tokens may perform by early February 2025. Also Read: Chainlink: New Price Prediction Puts a $47 Cap on LINK Cardano Price Path This February Source: Binance Cardano is one of the leading cryptocurrency tokens lately targeting high-price pedestals. ADA has lately shown signs of volatility after dropping 7% in the last 24 hours. After losing its dollar crown, the token is currently sitting at $0.91 and is expected to regain its lost valuation by February 2025. Per CoinCodex, ADA is expected to surge and hit ...

Top assets in the cryptocurrency market have remained the same for a while now. With Bitcoin (BTC) leading the charts, Ethereum (ETH) and Ripple’s XRP have been unshakable. XRP, however, has emerged as a prominent player with its recent uptick. The asset had been struggling to reach a mere $1 for years. 2024 came as a turning point for the altcoin. While most coins had a slow start to 2025, XRP entered the year in full swing and surged to a seven-year high of $3.39. It should be noted that just a year ago, the asset was trading at a dainty price of $3.39. Will the cryptocurrency carry this momentum into the next couple of months is the real question. Also Read: Crypto Czar David Sacks Redefines NFTs and Meme Coins as ‘Collectibles’ Diving Into The XRP Market Source: Coinpedia The third largest cryptocurrency was trading at $3.19, during press time. The asset recorded a 3.35% rise over the past 24 hours, which allowed XRP to go from a low of $3.04 to its current price level. It sho...