Metaplanet to Raise $1.2B, $835M for Bitcoin Buys

Japanese investment company Metaplanet approved a plan to raise 180.3 billion yen ($1.2 billion) through an overseas share issuance, with almost $835 million set aside for Bitcoin purchases. According to a Wednesday filing, the company plans to issue up to 555 million new shares, which could increase its total outstanding stock from 722 million to…

Base Ranks Third In 30-Day NFT Trading Volume

Coinbase layer-2 network Base took the third spot in non-fungible token (NFT) trading volume after a 70% surge in the last 30 days.  Decentralized application data aggregator DappRadar showed that Base’s NFT volume reached $47.67 million, increasing by 70% over the past month. The increase pushed the network ahead of many competitors in the NFT…

Crypto Trader ups MEXC ‘bounty’ to $2.5M, after in-person KYC request

A cryptocurrency trader upsized his multimillion-dollar social media pressure campaign against MEXC after claiming that the digital asset exchange requested an in-person meeting to unfreeze the user’s $3 million worth of personal funds. In July 2025, centralized cryptocurrency exchange (CEX) MEXC allegedly froze $3.1 million worth of personal funds without any terms of service violations,…

Prosecutors Appeal HashFlare Ponzi Ruling After Time Served Sentence

US prosecutors appealed the sentences of time served given to the co-founders of HashFlare, a crypto mining service and $577 million Ponzi scheme. Prosecutors told a Seattle federal court on Tuesday that the government was appealing the sentences handed down earlier this month to Sergei Potapenko and Ivan Turõgin to the Ninth Circuit. Potapenko and…

ETH Rallies But $4.7K Remains Key Pivot Point

Key takeaways: Ether rallied 5% after a “Monday Trap,” but leverage risk is rising with Binance’s ELR at record highs. $1.65 billion in stablecoin inflows and 208,000 ETH withdrawals show strong accumulation. ETH holding $4,700 keeps the door open to $5,000, while losing it risks a sharper correction. Ether (ETH) is showing resilience against Bitcoin…

Canary’s TRUMP ETF Bid Might Get Rejected: Analyst

President Donald Trump’s memecoin could be getting an exchange-traded fund (ETF) in the US after Canary Capital was first to file for a product that buys and holds the token, though an analyst has questioned how it might clear regulatory hurdles. In a filing with the Securities and Exchange Commission on Tuesday, Canary said its…

XRP Eyes $3.20 as Bull-Flag Pattern Forms, Key Support at $2.89

News Background CME Group recently said its crypto futures suite surpassed $30 billion in notional open interest for the first time, with XRP futures crossing $1 billion in just over three months — the fastest pace for a new contract. Broader crypto sentiment improved after Fed Chair Jerome Powell’s Jackson Hole remarks, which boosted expectations…

Analyst Challenges Four-Year Bitcoin Halving Cycle Theory

Bitcoin’s market cycles are not anchored around its halving events as widely believed, according to analyst James Check, who says other factors drive bull and bear cycles. “In my opinion, Bitcoin has experienced three cycles, and they are not anchored around the halvings,” Check said on Wednesday, referring to the blockchain’s cutting of mining rewards…

Kristin Johnson to Exit CFTC Next Week

Outgoing US Commodity Futures Trading Commission commissioner Kristin Johnson says she will be leaving the regulator next week, on Wednesday, Sept. 3, after saying earlier this year she’d leave the agency before 2026 after completing her term. Johnson said in a statement on Tuesday she considered it an “honor and privilege” to work as a…

Dormant Ethereum Whale Buys Millions in ETH, Sparking Rebound Hopes

Key takeaways: Dormant whale buys $28M in ETH as price drops 13%, signaling accumulation. Whales, BitMine and ETFs add billions in ETH, reinforcing bullish demand. “V-shaped” recovery pattern emerges, with analysts eyeing $7.5K–$20K targets. An Ethereum whale wallet has resurfaced after four years of silence, scooping up $28 million worth of Ether (ETH) in a…