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Japanese giant Metaplanet has entered the list of top five Bitcoin holders, taking its latest holdings to 13350 BTC, with the latest purchase on June 30. Earlier today, the firm purchased an additional 1,005 BTC for an average BTC price of $107,601. Following the development, the stock price has surged 10% today to 1633 JPY,
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Bitcoin price edges towards $97,000 as institutional demand builds, led by Metaplanet’s expansion into the U.S. Bitcoin finance ecosystem.
Bitcoin (BTC) price hit a 70-day peak of $97,822 on Friday, with Coingecko data shows showing 3.0% gains over the week and 15.4% in the last 14 days.Among the week’s major bullish catalyst, Japanese firm Metaplanet’s announces the decision to enter the U.S. market, to double-down on the strategic BTC acquisition plan.
On Thursday, the Tokyo-listed Bitcoin investor announced it will establish a wholly owned U.S. subsidiary, Metaplanet Treasury, based in Miami, Florida.
Operations are expected to begin in May 2025 with an initial $10 million investment focused on increasing BTC exposure and optimizing capital allocation across jurisdictions.
Despite a limited short-term price reaction, Metaplanet’s U.S. expansion may significantly influence Bitcoin’s market structure in the months ahead. BTC has risen 64.7% year-on-year, with public companies and sovereign entities increasingly adding Bitcoin to their balance sheets.
More so, Bitcoin’s growing dominance versus altcoins reflects increasing capital preference for BTC scarcity mechanism and security preferences, at corporate investors react to macroeconomic uncertainty.
Now, with direct access to U.S. banking infrastructure, OTC trading desks, and Bitcoin custodians, Metaplanet’s Miami office will allow more agile execution, dollar-cost averaging, and integration with American financial standards.
Miami’s mayor and state-level regulators have long promoted pro-Bitcoin frameworks, making it an attractive jurisdiction for strategic treasury operations.
More so, Metaplanet’ cross-border investment trend may inspire other Asian firms to follow suit.
As BTC remains anchored near $97,500, supported by strong year-to-date performance and credible corporate adoption, Metaplanet’s move hints at a coming wave of globally aligned Bitcoin treasury models — with the U.S. at the core.
Bitcoin Price Forecast Today: $110K rally target ahead before $250 breakout
Bitcoin price forecast today leans decisively bullish after clearing critical resistance levels, but the widely discussed $250,000 target remains a tall order in the near term.
For now, price action suggests a more achievable upside path toward $110,000, which has emerged as a realistic technical target given current momentum.
Trading around $96,970, BTC has decisively broken above all key moving averages — the 50-day (red), 100-day (green), and 200-day (blue) in a move supported by rising volume and strong daily candle closes.
The 200-day SMA near $90,200 and the 100-day SMA at $90,005 now form a solid support base after being convincingly reclaimed in April.
Notably, BTC price has nows remained above the 100-day SMA for six consecutive sessions, reinforcing the bullish conviction.
While a retracement remains possible, particularly toward the $92,000–$90,000 zone, the momentum will likely remain bullish unless BTC closes below the 200-day average. A clean break past $98,000 could accelerate the move toward $110,000.
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The post Story (IP) Price Plunges While Trading Volume Spikes Over 200%; What’s Going On? appeared first on Coinpedia Fintech News
In the fast-paced world of crypto, few things stir the pot like a sudden surge in trading volume. Story (IP), a token designed to revolutionize intellectual property on the blockchain, is currently grabbing headlines after its 24-hour trading volume spiked by over 200%, reaching $64.5 million. So what’s driving this unexpected action—and is it just noise or the start of something bigger?
Story Protocol’s volume increase isn’t subtle—it’s a dramatic move that has caught the attention of traders and analysts alike. Over the past 24 hours, trading activity has increased significantly after being relatively modest just a day ago. This kind of spike typically signals either a wave of new buyers entering the market, whale activity or large-scale transactions.
Here’s the interesting part: despite the volume surge, Story’s price is actually dropping. This is often a red flag for distribution—a phase where big holders sell into increasing demand. It may also reflect a sell-off after a recent pump, profit-taking by early investors, token unlock events or upcoming milestones. Technically, high volume combined with a falling price suggests bearish pressure. So what’s next for the IP price rally?
The momentum of the price is still very bearish as the RSI has dropped and entered the oversold range. This confirms the bearish dominance, which could keep the price consolidated within the lower range of the descending parallel channel. This suggests the price is now heading towards the support of the channel around $2 and further triggering a rebound. If not, the Story price may discover new bottoms.
The recent surge in volume but drop in price is a mixed signal for traders. On one hand, it shows strong market interest, while on the other hand, it could mean smart money is exiting while retail interest spikes. Hence, the Story (IP) price is believed to squeeze off all the shorts and trigger a strong upswing.
The post Story (IP) Price Plunges While Trading Volume Spikes Over 200%; What’s Going On? appeared first on Coinpedia Fintech News
In the fast-paced world of crypto, few things stir the pot like a sudden surge in trading volume. Story (IP), a token designed to revolutionize intellectual property on the blockchain, is currently grabbing headlines after its 24-hour trading volume spiked by over 200%, reaching $64.5 million. So what’s driving this unexpected action—and is it just …
The BTC price is again eyeing a breakout to new all-time highs (ATHs). This time, a potential agreement between the US and China in the ongoing trade war talks looks likely to be the catalyst. The flagship crypto blasted past $104,000 following Donald Trump’s statement on the “good meeting” between the two largest economies.
In a Truth Social post, Trump stated that they had a very good meeting with China on May 10 in Switzerland. He further remarked that they discussed many things and agreed on several things. He added that both sides negotiated a total reset in a “friendly, but constructive manner.”
The president also mentioned that he wants to see China open up to American business for the good of both China and the US. Donald Trump again affirmed that they have made great progress.
His statement comes just as CoinGape reported that the first round of the US China trade talks concluded without an official announcement of an agreement. As a result, both sides plan to continue trade talks on May 11, with US Treasury Secretary Scott Bessent and US Trade Rep Jamieson Greer leading discussions for the Americans.
It is worth mentioning that the Bitcoin price surged past the $104,000 resistance following Trump’s statement. The president’s statement undoubtedly provides optimism that the US and China could soon reach an agreement, which would be bullish for BTC and other crypto assets.
Market expert and president of the ETF Store, Nate Geraci, also commented on the BTC price action following Donald Trump’s statement. He noted that Bitcoin is pushing to the $105,000 price level and could soon make a run at its all-time high.
In line with this, he stated that the flagship crypto’s performance is undoubtedly on the radar of institutional investors and allocators. The expert added that he is highly interested in watching the Spot Bitcoin ETF flows over the next several weeks, which could be significant.
Crypto analyst Titan of Crypto has suggested that the BTC price could soon hit a new ATH amid Donald Trump’s statement. In an X post, he stated that a Bitcoin bullish crossover is happening. The analyst added that the MACD is flipping bullish on the weekly chart.
Titan of Crypto also revealed that BTC’s momentum is shifting, which could be the start of a bigger move. His accompanying chart showed that the Bitcoin price could rally to as high as $135,000 on this move.
A CoinGape market analyst also indicated that a BTC rally to $120,000 may be imminent. Based on the analysis, a breakout above $105,000 could ignite a rally toward the $112,000–$120,000 range.
The post BTC Price Eyes New ATH As Donald Trump Comments On “Good Meeting” With China appeared first on CoinGape.