Metaplanet, popular as Japan’s MicroStrategy, announced its decision to issue its 13th Series of Ordinary Bonds, and raise a total of $25 million for fresh Bitcoin purchases. Through its EVO FUND, the company has been periodically issuing bonds by drawing a leaf from Michael Saylor’s Bitcoin playbook. The announcement led to a quick 12% surge in the stock price during today’s trading session, moving closer to 500 JPY.
Metaplanet Prepares for Massive Bitcoin Purchases
Via its ordinary bonds, Japanese firm Metaplanet announced raising $25 million at 0% earmarked for the acquisition of Bitcoin. Redemption of the bonds will be funded through proceeds generated from the exercise of the 15th to 17th Series of Stock Acquisition Rights, reported the firm.
Furthermore, company CEO Simon Gerovich announced the company’s latest Bitcoin acquisition, revealing the purchase of 555 BTC for approximately $53.4 million at an average price of $96,134 per coin.
This addition brings the firm’s total Bitcoin holdings to 5,555 BTC, acquired at a cumulative cost of around $481.5 million, averaging $86,672 per Bitcoin. Since the beginning of 2025, Metaplanet has been on an aggressive BTC acquisition spree, moving fast and close to its target of having 10,000 BTC in treasury by the end of 2026.
Additionally, the firm is quick in its overseas expansion, opening a Miami office last week. Today’s announcement of Bitcoin purchases has led to a 12% surge in the Metaplanet stock price, which is already up by 33% since the beginning of 2025.
Cryptocurrency prices have dropped sharply in the past 24 hours. Investors pulled out of risky assets due to the rising tensions between the US-China trade war.
The US has now raised tariffs on Chinese imports to as high as 245% tariffs on imports as a result of its retaliatory actions and added new limits on chip exports.
Trump has reportedly urged China to initiate the trade talks saying that the US does not need a deal. However, China responded that the US must stop using pressure and threats if it truly wants to resolve the issue through negotiations. “For any dialog to happen, it must be based on equality, respect and mutual benefit,” Chinese Foreign Ministry spokesman Lin Jian said.
The U.S. had previously imposed a 145% tariff on Chinese imports, while China responded with a 125% tariff on U.S. goods.
Bitcoin and Broader Market Declines
Bitcoin has dropped over 2% in response and the broader crypto market dropped 3.75%. Stock markets were also impacted as Nasdaq 100 futures fell over 1% and S&P 500 futures dropped 0.65%. Although Bitcoin stayed relatively stable during earlier sessions, signs suggest that its recent bull run might slow down. It is currently trading at $83,826, down over 2% in the past day.
Besides, Bitcoin dropped below its 200-day simple moving average on March 9, which often signals major trend shifts. According to Coinbase institutional, this move suggests that Bitcoin’s sharp decline marks the start of a new bear market cycle which started in late March itself.
The Bull Market Is Over?
Coinbase Institutional’s research head, David Duong said that a key risk-adjusted performance metric called the Z-score indicates that the crypto bull run likely ended in late February. The market has since been moving sideways neither bullish not bearish, but neutral.
However, crypto prices have held up relatively well. A trader at market maker Wintermute believes that this stability gives traders more confidence to use protective strategies like hedging. Therefore, some prime brokers have moved from being cautious to neutral on risk assets. The upcoming market moves will likely depend on actual economic data.
The Macro Factors
Key economic data is set to be released this month, including a speech from Fed Chair today where investors expect insights on the next rate cut move. Meanwhile, the uncertainty in risk assets has pushed investor towards safer assets like Gold, which is now up over 26% this year, while dollar has dropped 9%. Gold also hit a new record high of $3,300 per ounce amid escalating US China tensions.
Analyst Ali Martinez has recently pointed out that Bitcoin is consolidating within a channel, and since the $83,200 support level is holding strong, there’s a good chance it could bounce back and rise toward the middle or top of that range. It remains to be seen if Bitcoin will rise back up or drop further.
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Cryptocurrency prices have dropped sharply in the past 24 hours. Investors pulled out of risky assets due to the rising tensions between the US-China trade war. The US has now raised tariffs on Chinese imports to as high as 245% tariffs on imports as a result of its retaliatory actions and added new limits on …
Dogecoin (DOGE) is currently experiencing a downward trend, aligning with the broader crypto market trend. Despite this prevailing bearish period, analysts and experts remain bullish about the meme coin’s potential uptrend. However, the Dogecoin price could plummet to $0.015, if it fails to challenge the significant support level.
Will Dogecoin Price Slip to $0.015?
According to Ali Martinez’s analysis, Dogecoin’s price has been following an ascending channel since 2014. Historically, DOGE has bounced back from the channel’s lower support trendline to the upper resistance trendline, only to drop back down.
However, DOGE has now reached a critical juncture. If it breaks below the $0.19 support level, it may trigger a sharp correction to $0.015.
This bearish prediction aligns with DOGE’s current performance. As of press time, DOGE is trading at $0.2029, with a dip of 2.87% over the last day. Despite a 7-day increase of 7.5%, Dogecoin plummeted by 23% over the past month.
Is a Rebound Possible?
Though analyst Ali Martinez cautions traders about a possible pullback, others remain optimistic about Dogecoin price. Solbert Invest predicts a potential big move for DOGE, with $0.17 being the possible bottom. His notable forecasts for Dogecoin price include $0.57 and $0.82. He wrote on X, “DOGE is testing macro support—if it holds and we bounce, these targets could be in play.”
The surge in optimism for Dogecoin’s price is fueled by increased activity among DOGE “whales.” Recently, DOGE whales have snapped up over 150 million tokens, hinting at a potential price surge.
Furthermore, analyst Crypto Patel has identified the current levels as a key accumulation zone for DOGE, suggesting that investors are buying up the cryptocurrency in anticipation of a bullish rally.
Dogecoin Price May Reach $2.5 and Beyond
In Crypto Patel’s analysis, Dogecoin price is poised to reach $2.5 triggered by this accumulation zone. The technical analysis chart presented by Crypto Patel showcases Dogecoin repeating historical patterns. As per the chart, $0.320, $0.585, $1.501, and $2.5 are Dogecoin’s critical levels ahead.
Meanwhile, another popular platform, Crypto Daily Trade Signals, forecasted the DOGE’s bullish trajectory to $5. They presented an average directional index (ADX) chart for DOGE, highlighting the meme coin’s historical patterns that suggest a potential rebound. According to Dogecoin price prediction, the meme coin has the potential to hit $2020430 by 2025.
Despite growing interest in cryptocurrencies, a fundamental disconnect exists between digital assets and everyday shopping. Millions of people hold crypto in different wallet types, yet few can use these assets at local stores.
Merchants hesitate to accept crypto due to price volatility, technical barriers, and high integration costs. As SpacePay approaches $1 million in presale funding with tokens at $0.003126, its focus on solving this practical gap stands out.
The Missing Connection in Crypto Commerce
A major disconnect exists between crypto ownership and actual spending options. While people hold billions in digital assets across hundreds of wallet types, few merchants accept these currencies for everyday purchases. This gap prevents crypto from fulfilling its original purpose as a payment system for regular transactions.
Merchants hesitate for several practical reasons. Traditional crypto payments expose businesses to price volatility – a $100 sale might be worth $90 by settlement time.
Most systems require special equipment or software that costs thousands to implement. The technical complexity often confuses both staff and customers, creating checkout delays and errors.
Previous crypto payment solutions typically charge 1-2% fees plus network costs, making them more expensive than traditional card processing for many transactions. Settlement times of hours or even days create cash flow problems for businesses that need immediate access to their earnings.
These barriers create a market opportunity that SpacePay addresses by connecting existing payment terminals directly to crypto wallets.
325+ Wallets, One Simple Payment System
SpacePay solves wallet fragmentation through a universal QR code system. Instead of requiring merchants to support hundreds of different crypto payment methods, the platform generates a single QR code that works with any of the 325+ supported wallets.
This universal approach means stores don’t need to choose which cryptocurrencies to accept or which wallet systems to support.
The technical process stays invisible to both merchants and customers. When a store enters a payment amount on their terminal, SpacePay’s system creates a QR code containing all necessary transaction details. This code works as a universal translator between different wallet protocols, handling the complex mapping of payment information across various crypto standards.
Behind the scenes, the system verifies payments through smart contracts that check wallet balances and transaction validity. This verification happens within seconds, confirming the payment to the merchant’s terminal just as quickly as a card transaction.
By eliminating the need for special equipment, SpacePay removes a major adoption barrier. Stores use their existing Android-based payment terminals through a simple software update, requiring zero new hardware purchases.
Merchant Benefits Beyond Lower Fees
While the 0.5% fee creates obvious savings compared to 3% card rates, merchants gain several advantages beyond cost reduction. Instant access to funds changes how businesses operate daily.
A store making morning sales can use that money immediately for afternoon inventory purchases. This quick access helps businesses respond to opportunities faster – from supplier discounts to unexpected stock needs.
Price protection removes the volatility risk that previously kept merchants from accepting crypto. When a store sells an item for $100, they receive exactly $100 in their local currency regardless of crypto market movements.
This guarantee lets businesses set consistent prices without worrying about exchange rate changes affecting their income.
Accepting crypto payments opens stores to new customer segments. Crypto holders often seek businesses where they can spend their digital assets, creating new sales opportunities. For international businesses, the system allows tourists and cross-border shoppers to pay without currency conversion fees or foreign transaction charges.
The multi-wallet compatibility means merchants don’t need to choose which cryptocurrencies to support. By accepting payments from 325+ different wallets, stores accommodate the widest possible range of crypto users.
From Concept to $1M Presale Success
SpacePay built its presale success on completed achievements rather than just future plans. The platform secured $750,000 in private investment, which funded development of the core payment system. This early backing from professional investors provided the foundation for building working technology before seeking wider market support.
Key milestones show actual progress beyond concepts. Smart Contract Audits verify that the payment system processes transactions securely while protecting user funds.
The “New Payment Platform of the Year” award at the CorporateLiveWire Global Awards 2022/23 provides external validation from industry experts. These concrete achievements help explain why presale funding approaches $1 million with tokens at $0.003126.
The expansion strategy focuses on creating adoption clusters in business districts. When several stores in a shopping area use SpacePay, they create natural awareness among both customers and neighboring businesses. This organic growth happens through visible results rather than marketing efforts.
New supporters can join the presale at the current token price using USDT, AVAX, BASE, MATIC, ETH, BNB, or bank cards. The platform accepts various payment methods through a clear process on the official website. Community channels on Telegram and X share regular updates about development progress.
The post How SpacePay Raised Close To $1 Million in Presale Connecting Crypto to Everyday Commerce appeared first on Coinpedia Fintech News
Despite growing interest in cryptocurrencies, a fundamental disconnect exists between digital assets and everyday shopping. Millions of people hold crypto in different wallet types, yet few can use these assets at local stores. Merchants hesitate to accept crypto due to price volatility, technical barriers, and high integration costs. As SpacePay approaches $1 million in presale …
