Metaplanet sold 10,000 Bitcoin in a credit-rating bid, only to buy back 11,000 BTC at a higher price per coin

Metaplanet sold 10,000 Bitcoin and later bought back 11,000 BTC to strengthen its credit profile and expand beyond accumulation during the third quarter.  Related Asset Bitcoin #1 BTC · $85,213.61 24-hour change: down 0.12% Loading price history… 24H Down 0.12% 7D Up 1.87% 30D Up 6.54%  The Tokyo-listed company said it converted enough Bitcoin into cash during the third quarter to exceed the outstanding principal of its bonds, borrowings, and other interest-bearing debt. It subsequently rebuilt the position at a higher Bitcoin price, ending Sept. 30 with 44,000 BTC, up a net 1,000 for the quarter.  The transaction forms part of a broader attempt to convince rating agencies and fixed-income investors that Metaplanets Bitcoin reserves can be monetized when obligations come due.  Related Company Metaplanet A publicly traded company listed on the Tokyo Stock Exchange  The company plans to seek a credit rating and use a stronger financing profile to support a new business that borrows through bonds, preferred stock and Bitcoin-backed facilities before investing in higher-yielding assets.  The liquidity demonstration came at a price  Bitcoin rose between Metaplanets sale and repurchase, leaving the company paying substantially more to rebuild the position it had sold.  According to the preliminary, unaudited figures in its statement, Metaplanet disposed of 10,000

کل 00:30انڈسٹری

Strategy opts for bigger spending on STRC buybacks over BTC purchases

Michael Saylors Strategy last week spent more than six times its weekly Bitcoin buying budget on its repurchases of one of its preferred stocks.  Strategy bought 334 Bitcoin (BTC) for $28.7 million between Monday and Sunday, bringing its holdings to exactly 848,000 BTC, according to a Monday 8-K form filing with the US Securities and Exchange Commission.  Over the same period, Strategy repurchased about 1.77 million shares of its STRC preferred stock for $176.3 million.  The capital allocation comes as Strategy said it will seek shareholder approval to overhaul dividend payments across its preferred-stock lineup, highlighting the growing role of its preferred securities in funding and managing its Bitcoin treasury strategy.  Strategy pushes preferred stocks toward daily payouts  Strategy filed a separate proxy Monday seeking approval to pay regular dividends on STRC, STRF, STRK and STRD every business day, replacing STRCs twice-monthly schedule and quarterly payments on the other three preferred stocks.  The company said the proposal would not change dividend rates or its overall payment obligations, but could shorten reinvestment delays and improve liquidity and price stability.  Shareholders will vote on the proposal at a special meeting on Oct. 28. If approved, STRCs daily schedule would start in November, while STRF, STRK and STRD would follow

کل 00:10انڈسٹری

Bitcoin price fails to break higher after best weekly close in eight months

Bitcoin (BTC) fluctuated around $86,000 after Mondays Wall Street open as US bond yields continued to rise.  Key points:Bitcoin rejected near its weekly close of $86,570 after the start of the US trading session.US bond yields staged a rebounBitcoin price action continued with smaller moves, with the 2026 yearly open at $87,570 lingering overhead as key psychological resistance.d to eye new 24-year highs after dropping on Friday.Glassnode analysis reported less “aggressive upward momentum” visible in onchain data in recent days.  Bitcoin indecisive as US bond yields return higher  Data from TradingView showed BTC/USD struggling to move beyond its weekly open level near $86,500 after the highest weekly close since late January.  BTC/USD one-hour chart. Source: Cointelegraph/TradingView  US bond yields, already under scrutiny, headed higher on the day. The 30-year yield passed 5.67% once again, just two basis points below 24-year highs seen last week. The 10-year yield returned to 5.31%, with last weeks high at 5.34%.  US 30-year bond yield one-hour chart. Source: Cointelegraph/TradingView  Commenting, trading company QCP Capital reiterated that even recent cooler US employment data had not been enough to calm bond markets as broader geopolitical uncertainty persisted.  “Despite the dovish employment print, elevated oil prices and elevated long-dated yields continue to limit upside momentum for

کل 00:10انڈسٹری

NEXTPredict Founder: 'Nobody Was Serving' Prediction Markets' Enormous Audience

In briefNEXT.ios Pierre Lindh says nobody was covering prediction markets to “real journalistic standards,” and the audience for it dwarfs the trading base.NEXTPredict, the first global B2B conference for the sector, runs October 22–23 at Convene, Hudson Yards in New York.CNBC correspondent Contessa Brewer and CNN senior reporter Marshall Cohen are on the program alongside the exchanges.  Prediction markets have exploded into the mainstream media, with odds now regularly quoted on cable news, in wire copy and in equity research notes.  Thats why NEXTPredict, which runs on October 22 and 23 at Convene, Hudson Yards in New York, has put working reporters on the program rather than in a press room behind it. CNBC correspondent Contessa Brewer and CNN senior reporter Marshall Cohen were added in August, booked around the midterms. Organizers expect more than 50 speakers and 2,500 attendees, “bringing the category to broader audiences,” in the words of NEXT.io co-founder and managing director Pierre Lindh.  Prediction market stories are serious news that ordinary readers actually want, Lindh told PredictCentr in August, reaching an audience far larger than the iGaming trade he came from, and “nobody was serving it with real journalistic standards.”  The summit programme was built the same way. A “healthy

کل 00:03انڈسٹری

NYSE owner and OKX plan 24/7 tokenized stock trading using Uniswap

Intercontinental Exchange and OKX are preparing an always-open market where tokenized US stocks could keep repricing after Wall Street closes.  Related Company OKX Hong Kong 50-50 joint venture, notified the Securities and Exchange Commission (SEC) that it intends to launch a Tokenized Securities Venue under the regulators new Innovation Exemption. The proposed platform would initially support 63 securities, including Nvidia, Tesla, Apple, Microsoft, JPMorgan, Goldman Sachs, Coinbase and Circle.  The structure would create a parallel trading venue for some of Americas most actively traded companies that remains open 24 hours a day, seven days a week. Tokenized shares could continue absorbing information during nights and weekends when their underlying stocks are unavailable on traditional cash markets, potentially providing a reference for where prices may move when regular exchanges reopen.  Related Company Nvidia American multinational technology company  ICEs involvement gives the experiment added significance. The owner of the New York Stock Exchange is directly participating in infrastructure that tests whether US equity trading can extend onto blockchain rails beyond conventional market hours.  Related Company Tesla Electric cars, giant batteries and solar  “This is a landmark step toward a truly global, 24/7 Wall Street,” OKXICE co-chair and former New York Gov. Andrew Cuomo said. OKX founder and CEO

2 دن پہلےانڈسٹری

Morgan Stanley Analyst Says SpaceX Stock Price Could Double

Morgan Stanley says SpaceX stock could nearly double to $300 a share. Yet at least 40 of the firms clients do not own the stock.  SpaceX went public in June in the largest initial public offering (IPO) ever, at $135 a share. Four months later, shares trade about 23% above that price.  SpaceX Stock (SPCX) Performance Since IPO. Source: Yahoo Finance  Sponsored  Sponsored  Why Morgan Stanley Says SpaceX Stock Price Could Nearly Double  Analyst Adam Jonas kept his buy rating and $300 target in a note reported Monday. That sits 89% above Fridays $158.96 close.  His case rests on one split. He values the rockets and Starlink, the satellite internet service, at $127 a share.  That leaves about $32 for the artificial intelligence (AI) business. It includes the Grok chatbot and computing power SpaceX rents out. Across roughly 13.2 billion shares, that values AI near $420 billion.  Jonas thinks that is too low. SpaceXs recent short-term computing deals paid $30 to $50 per watt of capacity, he said. Analyst models assume $17.60.  In other words, Jonas argues buyers today are mostly paying for rockets and Starlink, and very little for AI.  Sponsored  Sponsored  Why Investors Are Staying Away From SpaceX Stock  Jonas tested demand himself. Last week, he asked a room of 40 clients

2 دن پہلےانڈسٹری

S&P Global Brings TradFi Risk Grades to $10 Billion Crypto Lending Vaults

S&P Global Ratings has launched a Vault Risk Assessment (VRA) to grade crypto lending vaults, a market now holding about $10 billion. The ratings giant stresses that its new scores are not credit ratings.  Think of a lending vault as a blockchain-based bond fund that gathers deposits and lends them to borrowers. However, deposits grew more than sixfold in two years, while disclosure standards still differ from vault to vault.  Sponsored  Sponsored  How S&P Plans to Score Crypto Lending Vaults  The announcement lists six areas of risk. They span portfolio credit quality, liquidity mismatches, the curator, the blockchain, the protocol, and vault security and governance.  Crypto lending vaults deposits grew from $1.5 billion to $10 billion. Source: BeInCrypto  Curators are the firms that decide where a vault deploys its capital. As a result, their choices can decide whether depositors get their money back during a market shock.  For crypto lending vaults, each assessment gives a forward-looking view of how likely investors are to suffer losses, S&P says. It will not comment on the yields that vaults advertise.  S&P Global risk factors for crypto lending vaults. Source: BeInCrypto  James Wiemken, head of global ratings services at S&P Global Ratings, pointed to uneven reporting across the sector.  Sponsored  Sponsored  “…the inherent complexities and varying disclosure

2 دن پہلےانڈسٹری

Coinbase says it cut a 90-case AI support test from 1–2 weeks to 30–45 minutes

Coinbase says it can now complete a support-testing cycle of roughly 90 cases in 30–45 minutes, work that previously took one to two weeks of manual setup and execution. The figure, disclosed by its engineers on Sept. 21, gives Coinbase CEO Brian Armstrongs push for an AI-native company a concrete example of automation reducing repetitive work.  The system, called Autopilot, tests the procedures that support bots follow when handling customer problems. It also retains human approval before procedure changes reach production. The next test for Armstrongs operating model is whether faster procedure development produces reliable support and accountable actions on customer accounts.  Customers need their account problems resolved correctly and their data accessed only with proper authority. Coinbases disclosures describe work to address both needs, while leaving the effect on customers unmeasured. Approving changes, restricting permissions and measuring real results remain operating responsibilities as the company automates more work.  Related Company Coinbase A leading digital currency company  Where the time saving comes from  Armstrong announced an approximately 14% workforce reduction in his May 5 memo, citing both a weak crypto market and AI changing how employees work. He proposed fewer management layers, leaders who also contribute directly, smaller AI-native teams and experiments with one-person teams.  The

2 دن پہلےانڈسٹری

Is a $10 XRP Price Realistic? What the Charts and Open Interest Show

XRP price is once again drawing attention from chart analysts as the token consolidates near key technical levels this week.  One trader sees a path toward $10, but derivatives data is urging investors not to get ahead of themselves.  XRP Price Performance. Source: BeInCrypto  Sponsored  Sponsored  What Is Driving the $10 XRP Price Target?  Crypto analyst Moustache has identified a multi-year descending broadening wedge on XRPs weekly chart. The pattern has been forming for almost two years. At the current price near $1.52, a move to $10 would mark a gain of nearly 560%.  The analyst called the structure “textbook” and remains constructive on the longer-term outlook. He acknowledged the breakout could still take time to play out fully.  Follow us on X to get the latest news as it happens.  XRP Price Analysis. Source: X/@el_crypto_prof  Sponsored  Sponsored  Shorter-term charts tell a similar story of coiled tension building beneath the surface. Analyst Ali Martinez noted that XRP is consolidating inside a triangle pattern and nearing its apex.  That zone often precedes larger price swings in either direction. Whale wallets have stayed largely on the sidelines, with combined holdings steady near 3.9 billion XRP over the past week. A decisive four-hour close above $1.53 could open the door toward $1.62 in the near term.  $XRP

2 دن پہلےانڈسٹری

Bitcoin ETFs Add $241M as 3-Week Streak Holds Despite 90% Slowdown

U.S. bitcoin ETFs attracted $241.08 million in the week through Oct. 2, extending their winning streak to three weeks even as inflows slowed sharply from the previous period.  Key TakeawaysBitcoin ETFs drew $241.08M last week, extending their inflow streak to three weeks.Blackrock led for bitcoin ETFs, while ether and zcash demand weakened.The key test is whether October flows stay positive as NEAR debuts with $58.35M in first-week inflows.  Blackrock Adds $450M as Bitcoin ETF Demand Splits  The flood of institutional money into bitcoin slowed last week, but it never disappeared.  After attracting $2.39 billion in the previous five sessions, U.S. spot bitcoin ETFs added a more measured $241.08 million between Sept. 28 and Oct. 2—a roughly 90% drop. Even so, that was enough to secure a third consecutive positive week.  The path was uneven.  Bitcoin funds brought in $31.07 million on Monday and $66.19 million on Tuesday, before a midweek $148.69 million outflow broke a nine-session winning streak. Buyers returned quickly, adding $102.67 million on Thursday and $189.84 million on Friday to finish out the week.  Blackrock‘s IBIT dominated the weekly picture with $450.18 million in net inflows, while Fidelity’s FBTC moved the other way, losing $167.94 million. Grayscale‘s GBTC shed $54.58 million, and Bitwise’s BITB lost

2 دن پہلےانڈسٹری
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