Metaplanet stock price has continued to dominate the Tokyo Stock Exchange, surging another 21% today and hitting an all-time high of 1423 JPY. This surge follows the company’s announcement of a recent purchase of 1,088 Bitcoins, propelling it into the ranks of the top ten corporate Bitcoin holders. With this rally, the stock has surged an impressive 255% since the start of 2025. Metaplanet Stock Dominates Tokyo Stock Exchange While the Japanese bond market is facing a “Greece-like crisis”, investors of Metaplanet are having a gala period as the stock has gained 164% over the past month. Besides, with its consistent Bitcoin purchases, the firm is dominating the Tokyo Stock Exchange, clocking the largest trading volumes while beating out the top firms in Japan. As Japan’s stock and bond market looks fragile, investors are finding a safe haven in Metaplanet, which serves as a Bitcoin proxy bet. Furthermore, market analysts… Read More at Coingape.com
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee and watch the charts as something’s brewing in the Bitcoin (BTC) market. As August rolls in, whispers of a so-called curse resurface, stirring debate among crypto veterans, investors, and analysts. Some fear it. Others, like Robert Kiyosaki, are hoping for it.
Crypto News of the Day: Robert Kiyosaki Embraces the ‘Bitcoin August Curse’
Best known for Rich Dad Poor Dad, Robert Kiyosaki issued a provocative warning about the Bitcoin August Curse. He suggests that a sharp price drop this month may be desirable.
“Will the ‘Bitcoin August Curse’ crash Bitcoin’s price to below $90k? I hope so,” Kiyosaki wrote on X.
He framed the potential crash as a golden opportunity to double down on his BTC position. Rather than viewing volatility as a threat, Kiyosaki emphasized that Bitcoin’s long-term value lies in its contrast to fiat systems managed by what he called “incompetent PhDs” in the Fed and Treasury.
“The problem is not Bitcoin. The real problem is our multi-trillion-dollar debt and incompetent PhDs running ‘the SWAMP,’” he said.
Kiyosaki’s comments follow a summer of educational events, including The Collective and Limitless Financial Education Summit. He reportedly learned from financial thinkers like Jim Rickards, Brent Johnson, and Larry Lepard.
Notably, these sleuths are all vocal critics of fiat currency and proponents of hard assets like gold and Bitcoin.
According to Kiyosaki, the so-called curse could serve as a “stress test,” inadvertently separating tourists from settlers in crypto.
“The Bitcoin August Curse will make most Bitcoin investors richer,” he concluded.
Analysts See Bitcoin Crash as Catalyst, Not Catastrophe
Kiyosaki’s take sparked debate, with investors saying that a price crash is not a failure, but a filter.
“Most people fear the ‘Bitcoin August Curse’ because they don’t understand the real game… Crashes are a gift. But only if you know what you hold,” one user remarked.
Meanwhile, analysts are also weighing in. Quinten Francois noted that while retail investors panic-sell, long-term holders who “only buy and never sell” accumulate more BTC.
This narrative of Bitcoin volatility as financial warfare rather than failure has become increasingly dominant among hardened crypto believers.
Kiyosaki and others argue that the real risk lies not in BTC’s price action, but in the slow erosion of value through inflation and monetary policy missteps.
As Bitcoin hovers around key levels in early August, the debate intensifies. Is the August Curse a setback, or the final shakeout before a new leg higher?
The game plan for Kiyosaki is clear, and the investor welcomes it with open arms and a full wallet.
This aligns with his recent stance, which was reported in a previous US Crypto News publication. As BeInCrypto reported, Kiyosaki urged investors to buy Bitcoin, dismissing ETFs (exchange-traded funds) as paper guns.
In a massive development in the ongoing trade war, China has decided to remove its 125% tariffs on US Ethane imports, sparking optimism that China and the US could soon reach an agreement. This is undoubtedly bullish for the crypto market, given the negative impact the trade war has had on the market so far.
Crypto Market Receives Boost As China Waives Tariffs On US Ethane Imports
The crypto eyes another leg to the upside following China’s decision to waive tariffs on US Ethane imports. The Reuters report cited two sources familiar with the matter, with the country excluding these goods from the 125% it imposed on US imports earlier this month.
This move comes just days after China exempted some US goods, including chemicals, vaccines, and jet engines, from the 125% tax on US imports. This recent waiver again provides optimism that China and the US could soon reach an agreement to settle this trade war, which has already destabilized the markets.
It is worth mentioning that the Bitcoin price and other altcoins rallied following China’s move to exempt some US goods from the tariffs last week. As such, the crypto market could again witness another rally following this latest waiver from the Asian country.
Crypto analyst Titan of Crypto recently suggested that another massive rally is on the horizon for BTC and the broader crypto market by extension. In an X post, he raised the possibility of the flagship crypto rallying to as high as $150,000 on this move.
In another post, he stated that the key level to watch now is the previous monthly high, around $95,040. The analyst remarked that BTC looks short-term bullish, but it needs a daily close above this level to confirm further upside.
PI Network’s token has remained mostly sideways, showing signs of consolidation since it hit a new all-time low of $0.32 on August 1.
However, bullish momentum is emerging as buyers appear to capitalize on the dip. The question remains whether this growing optimism could translate into more gains in the coming session.
Selling Pressure Eases on PI Token
On the one-day chart, PI’s Moving Average Convergence Divergence (MACD) indicator is approaching a positive crossover, signaling a potential shift in momentum toward buying strength.
For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
An asset’s MACD indicator identifies trends and momentum in its price movement. It helps traders spot potential buy or sell signals through crossovers between the MACD and signal lines.
A positive crossover occurs when the MACD line (blue) crosses the signal line (orange)
This is a bullish signal because it indicates that the asset’s short-term momentum is gaining strength relative to its longer-term trend. For PI, this means that buying interest is increasing and could push the price higher in the near term.
Additionally, readings from PI’s BBTrend indicator show a steady decline in the sizes of its red bars since the sideways trend began.
The BBTrend measures the strength and direction of a trend based on the expansion and contraction of Bollinger Bands. When it returns red bars, the asset’s price consistently closes near the lower Bollinger Band, reflecting sustained selling pressure.
However, when the sizes of these red bars start to drop, like with PI, selling pressure is easing, and the market sentiment is shifting towards buying.
PI Token’s Next Move Hinges on Demand
A sustained demand for PI could push it above the upper range of its horizontal channel, which forms resistance at $0.37. If successfully turned into a support floor, it could pave the way for a further rally to $0.44.
