Metaplanet purchased 162 Bitcoin for $13.5 million and issued zero-coupon bonds to fund further Bitcoin acquisitions as it continues to transform from a budget hotel operator into a major corporate Bitcoin holder.

Asset manager Franklin Templeton has submitted its S-1 filing for an XRP ETF. Several altcoins have seen ETF filing by major firms in the last few months.

Bitcoin has once again made a strong comeback, reclaiming the $80,000 level after dipping to a four-month low. This recovery has brought fresh optimism among investors, but uncertainty still lingers as key U.S. CPI data is expected to come on March 12.

The fact that XRP has been able to recover around the $2.10 support level has given some new hope for a possible recovery. This move indicates that bearish momentum may be waning, despite the market's recent difficulties within a descending channel.

Pro-crypto Senator Cynthia Lummis has revived legislation that establishes a strategic Bitcoin reserve and implements a BTC purchase program.

Japanese hotel developer and bitcoin treasury firm Metaplanet is borrowing ¥2 billion or roughly $13.5 million to buy more bitcoin (BTC). The company posted the announcement via its X account on Tuesday evening. Metaplanet currently owns 2,888 BTC and recently implemented a strategy that will see it purchase 21,000 bitcoin by 2026.

The Japanese hotel company has acquired more bitcoin and issues zero-interest bonds.

The filing's preliminary, so the SEC has up to 240 days — potentially late 2025 — to approve or deny it.

A bitcoin at $70K? Nothing to faint over!

Ether has been in a significant downtrend since December 2024, having dropped more than 53% from its peak above $4,100.

Bitcoin's price has continued its gradual decline, now trading just above $81,000, marking a significant drop from its all-time high (ATH) in January. At the time of writing, BTC stands at $81,086, reflecting a 1.7% increase in the past 24 hours but still showing a 2.3% decrease over the past week.

Mt. Gox, the cryptocurrency exchange that filed for bankruptcy after a massive hack in 2014, moved 11,501 Bitcoin, worth around $905 million, to an unmarked wallet on March 11, 2025.

Ethereum price is still trying to recover the $1,900 mark as weak DeFi metrics and increased competition weigh on its price.

The crypto market is finally seeing relief after a tough start to the week, thanks to key political and economic changes. With the changing microeconomic trend, the crypto market quickly added $89 billion, hitting $2.61 trillion, with $2.63 trillion as a key resistance level.

Franklin Templeton has filed for an exchange-traded fund (ETF) that will track the spot price of XRP, one of the leading cryptocurrencies.

A Bitcoin BTC miner using a compact and inexpensive rig has pulled off a rare success, solving a block and securing a $263,000 reward.

The new Exchange-Traded Fund will be listed on Cboe BZX Exchange.

XRP has faced significant volatility in recent weeks, with price action lacking clear momentum. Altcoin struggled to maintain upward momentum as broader market conditions remained bearish.

XRP price could be on the verge of a massive breakout in April 2025, as major catalysts align for a potential surge. With $1.7 trillion asset manager Franklin Templeton joining the race for a spot XRP ETF, fresh developments in the Ripple lawsuit, and bullish technical signals flashing, Ripple looks prime for a rally that

Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.

Metaplanet has purchased 162 Bitcoin, bringing their total holdings to 3,050 BTC. This is the first time Metaplanet's crypto investments have surpassed the 3,000 BTC mark.

XRP price started a fresh recovery wave from the $1.90 zone. The price is now showing positive signs and might clear the $2.250 resistance zone.

The market has likely moved past the narrative that a pro-crypto President is beneficial for the industry, with macro correlations now driving the market.

Bitcoin has plunged to $76,700, marking its lowest level in four months amid global economic turmoil. Indeed, the 30% drop from its all-time high of $109,350 has reignited discussions about a possible trend reversal, as some observers question the sustainability of the bullish cycle.

BitMEX co-founder Arthur Hayes thinks downside continuation is possible for Bitcoin (BTC) even after witnessing a 24% correction from its all-time high.

Fixed trading hours for crypto derivatives might soon be eliminated.

Bitcoin price today has surged remarkably after the latest downtrend. Is the BTC price surge today temporary or permanent?

The number of issuers filing applications for altcoin exchange-traded funds is increasing, with Franklin Templeton becoming the latest.

Japanese public company Metaplanet has announced another debt offering to Evo Fund of 2 billion yen ($13 million).

A wave of short-term holder capitulation is now driving Bitcoin's price lower, reinforcing bearish pressure, analysts at Glassnode warn.

Bitwise announced the launch of the Bitcoin Standard Corporations ETF (OWNB), targeting firms with large BTC holdings.

Ethereum price failed to clear the $2,000 resistance and trimmed gains. ETH is now consolidating and facing hurdles near the $1,920 resistance.

The SEC is currently reviewing spot crypto ETFs, following its approval of Bitcoin and Ethereum ETFs. Now, big names like Franklin Templeton, Bitwise, 21Shares, Canary Capital, Grayscale, and WisdomTree are all competing to launch an XRP ETF. It has started reviewing with Grayscale's application on February 14, which began a 240-day review period.

According to crypto entrepreneur Arthur Hayes, Bitcoin (BTC) is likely to bottom around $70,000, marking a 36% correction from its latest all-time high (ATH) of $108,786. Hayes stated that such corrections are “very normal” in a bull market.

Starknet plans to use Bitcoin as a settlement layer alongside Ethereum, aiming to connect the two largest blockchains on a single layer 2 network. The Starknet Foundation's Bitcoin roadmap, published on Mar.

March 12, 2025 05:57:55 UTC Franklin Templeton Submits XRP ETF Application Franklin Templeton, boasting over $1.5 trillion in assets under management, has officially filed an application for an XRP ETF. The fund's XRP assets will be secured by Coinbase Custody Trust Company, ensuring robust asset protection and regulatory compliance.

Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn't ruling out that Bitcoin could slide to $70,000.Glassnode said in a March 11 markets report that a recent sell-off by top buyers has driven “intense loss realization and a moderate capitulation event.” Short-term holders fled as Bitcoin dropped from peak The surge in buyers paying higher prices for Bitcoin (BTC) in recent months is reflected in the short-term holder realized price — the average purchase price for those holding Bitcoin for less than 155 days.

On-chain data shows that Bitcoin miner exchange inflows have shot up recently, something that could extend BTC's price drawdown. Bitcoin Miner To Exchange Flow Metric Has Seen A Spike As pointed out by an analyst in a CryptoQuant Quicktake post, miners are upping their selling pressure.

Metaplanet, also popular as Japan's MicroStrategy, announced a fresh purchase of 162 bitcoins for an investment value of $13.5 while buying the recent BTC dips. The announcement sent the stock price 8% higher past 3,500 JPY levels on Wednesday's trading session.

Japan's Metaplanet expands its Bitcoin holdings to 3,050 BTC with a $13.5M purchase during the market dip. The post Japan's Metaplanet Buys The Dip, Scoops Up 162 BTC Worth $13.5M appeared first on Cryptonews.

The cryptocurrency market, led by Bitcoin (BTC) and Ripple Labs' XRP, experienced a mild recovery in the past 24 hours after a heavy capitulation earlier this week. In the past 24 hours, Bitcoin price gained around 2 percent to trade at about $81.6k on Wednesday, March 12, during the early Asian session.

Metaplanet announced today that it has purchased an additional 162 BTC, bringing its total holdings to 3,050 BTC.

According to data provided by analytics platform SoSoValue, Ethereum exchange-traded funds (ETFs) logged a total of $22 million worth of outflows on Tuesday.

Ethereum (ETH) has had a rough ride recently, plunging 28% last month and falling below $2,000 in the recent crypto market crash.. investors wondering whether ETH can stage a comeback as it currently trades at $1,874.97, some critical indicators suggest a rebound could be on the horizon.

Metaplanet Inc. is making waves with its latest Bitcoin acquisition, further solidifying its position in the digital asset space. As part of its ongoing Bitcoin Treasury Operations, the company acquired 162 Bitcoin at an average price of 12,393,669 yen per Bitcoin, totaling a whopping 2.008 billion yen.

Bitcoin continues to face challenges in regaining upward momentum, with the cryptocurrency still trading below $82,000 as of today. The asset remains 25.1% below its all-time high of $109,000, recorded in January.

The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds.In a slew of filings on March 11, the agency said it has “designated a longer period” to decide on the proposed rule changes that would allow the ETFs to proceed. Among the affected ETFs are Grayscale's XRP (XRP) and Cboe BZX Exchange's spot Solana (SOL) ETF filings, with the decisions on them pushed until May.

Crypto Market Today (March 12): Bitcoin (BTC) price regained an upward trajectory after a bloodbath, briefly touching $83K as of early Asian hours on Wednesday. Major-league altcoins such as XRP, Solana (SOL), and Ethereum (ETH) have followed, surging 1%-7% intraday.