#CryptoIntegration Metaplanet Inc (TYO:3350) announced on Monday the purchase of an additional 775 Bitcoin for $93 million, bringing the total reserves of the Japanese hotel company, which has become a cryptocurrency treasury, to 18,888 Bitcoin.
Metaplanet stated that it acquired 775 Bitcoin at an average price of $120,006 per coin. This brought its total reserve to 18,888 Bitcoin valued at approximately $1.94 billion.
The purchases occurred against a backdrop of a strong wave of profit-taking in Bitcoin at the end of last week, which pushed the cryptocurrency down from record highs above $124,000. Bitcoin was trading down 2.2% at $115,478.8 as of 07:48 Moscow time.
Metaplanet's shares rose by 1.5% in trading in Tokyo.
#CreatorPad Revenue decreased to $0.7 million from $1.0 million in the same quarter last year. Gross profit amounted to $0.2 million, which is 30% of revenue, compared to $0.3 million or 28.5% in the second quarter of 2024.
The company raised over $2.6 billion in capital through various offerings to fund ETH acquisitions. SharpLink staked nearly 100% of its ETH assets, earning approximately 1,326 ETH in accumulated rewards. Joseph Lubin, co-founder of Ethereum, joined the company as the chairman of the board, and Joseph Chalom, former head of BlackRock, was appointed co-CEO. The company also entered into a strategic partnership with Consensys.
Operating expenses included $16.4 million in non-cash stock-based compensation related to a consulting agreement with Consensys. The company also recorded an unrealized loss on ETH assets of $2.4 million, offset by an unrealized gain of $5.4 million.
#BullishIPO SharpLink Gaming (SBET) reported holding 728,804 Ether tokens as of June 30, 2025, following a strategic shift to establish ETH as the primary reserve asset of the treasury in early June.
The company reported a net loss of $103.4 million for the second quarter of 2025 compared to a net loss of $0.5 million for the same period last year. The loss was primarily due to a non-cash impairment of $87.8 million on liquid staking assets of ETH due to price declines during the quarter, as required by U.S. accounting rules.
#CreatorPad According to OKX, this will help increase throughput to 5000 transactions per second, reduce gas fees to a negligible level, and enhance compatibility with Ethereum for developers.
The exchange also plans to establish an ecosystem fund and offer incentives to attract liquidity in order to engage developers. OKX Wallet, OKX Exchange, and OKX Pay will be fully integrated with X Layer, and OKX Pay will use it as its main network.
It was previously reported that OKX is considering the possibility of conducting an IPO on the American exchange, although OKX declined to comment on this matter.
#ETHRally OKB, the native asset of the OKX cryptocurrency exchange, has surged nearly 160% after the platform announced a revision of its tokenomics and a large token burn.
The price of OKB skyrocketed from $45 to $135 following the announcement of a one-time burn of over 65 million tokens. After this, the total supply of the crypto asset will be fixed at 21 million.
The OKX team also announced that it will update its public X Layer network based on the Ethereum virtual machine with zero-knowledge proof (zkEVM), "to turn it into a leading public network focused on DeFi, payments, and real-world asset (RWA) applications."
Notcoin (NOT) is a gaming cryptocurrency developed on the TON blockchain, integrated into Telegram. Players earn Notcoin by tapping the screen in a clicker game on Telegram, and can use the tokens to enhance in-game features and complete tasks. Notcoin has gained popularity due to its simple gaming mechanics and integration with Web3, attracting millions of users into the cryptocurrency ecosystem.
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#CreatorPad According to the China Passenger Car Association, retail sales of passenger cars in July increased by 7.6% year-on-year but fell by 11% compared to June.
Nio continues to face difficulties: its sales dropped by 16% month-on-month to the lowest level since March. Nio's shares, however, rose by 8.6% on Friday after the launch of the Onvo L90 model, which analysts consider attractive in terms of price and equipment.
#ProjectCrypto By July, BYD had sold 2.49 million cars, however, the tightening of regulatory control over the automotive industry and the fight against deep discounts that sparked a price war create additional challenges for the company.
Some competitors are showing stable demand. For example, Geely sold 237,717 cars in July - the highest since November. The Stellantis group, together with Leapmotor, reported a record 50,129 deliveries, while Xpeng reported 36,717, also setting a new record. Meanwhile, Li Auto sold 30,731 cars, which is 40% lower than the result from a year ago.
#CreatorPad The world's largest electric vehicle manufacturer BYD minimally increased deliveries in July, raising doubts about the company's ability to meet its annual plan, Bloomberg reports. According to BYD, 344,296 electric vehicles were delivered last month — just 0.6% more than a year earlier and 10% less than in June. While the seasonal weakening of demand for new cars in China during the summer was not unexpected, BYD faces a serious challenge: according to the declared annual target of 5.5 million vehicles, the company needs to deliver an average of about 602,000 cars each month until the end of the year. BYD's maximum monthly result was just under 515,000 electric cars in December of last year.
$BNB The White House will publish a report on cryptocurrency policy this month White House cryptocurrency advisor Bo Hines announced on X (formerly Twitter (NYSE:TWTR), blocked in the RF), that the President's Working Group on Digital Assets has completed its long-awaited 180-day report on cryptocurrency policy, which will be published on July 30.
The report, mandated by the President's January executive order, is expected to detail the amount of seized bitcoin held by the U.S. government and explain how it may be managed.
#CryptoScamSurge Bitcoin fell below $118,000 on Thursday amid profit-taking and large-scale fund movements, while traders are exercising caution ahead of the White House's upcoming report on cryptocurrency policy, which is set to be released at the end of this month, and assessing the developing regulatory framework.
The world's largest cryptocurrency was trading 0.6% lower at $117,780.9 as of 09:36 Moscow time.
#CryptoClarityAct As reported by the San Francisco startup Marathon Fusion, which specializes in using nuclear fusion for energy production, neutrons released from thermonuclear reactions can be used to obtain gold through a process known as nuclear transmutation, writes the Financial Times.
The company proposes adding the isotope mercury-198 and using high-energy neutrons to transform it into mercury-197, which decays into gold-197 in about 64 hours, the only stable isotope of this metal. The company proposes adding the isotope mercury-198 and using high-energy neutrons to transform it into mercury-197, which decays into gold-197 in about 64 hours, the only stable isotope of this metal.
$XRP Cryptocurrency legislation is advancing in the U.S., but investors remain cautious Last week, President Donald Trump signed the U.S. GENIUS Act, establishing a federal regulatory framework for stablecoins.
The law requires stablecoin issuers to maintain reserves in liquid assets, including dollars or treasury bonds, and to provide monthly reports.
This step is seen as a significant milestone towards the legitimization of stablecoins, a sector currently valued at over $260 billion, and a more complete integration of them into the financial system. In addition to the GENIUS Act, the House of Representatives passed two other key bills.
The CLARITY Act aims to determine whether digital tokens fall under the jurisdiction of the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC).
The second, the Anti-CBDC Surveillance State Act, prohibits the Federal Reserve from issuing central bank digital currency without explicit approval from Congress.
#BTCvsETH Bitcoin slightly increased during Asian trading on Monday, rising above $119,000, however, investor sentiment remains cautious despite optimism following a series of legislative measures in the USA aimed at regulating the cryptocurrency sector.
The world's largest cryptocurrency was trading 0.7% higher at $119,080 as of 16:55 Moscow time.
The token reached record highs above $123,000 last week, but has since dropped below $120,000 and is currently trading in a consolidation phase near this level.
#BinanceTurns8 Join us in celebrating #BinanceTurns8 and win a share of 888,888,$ in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_0LA4S Bitcoin has surpassed $122,000 for the first time, and investor optimism is growing almost every day after breaking out of the narrow price corridor in which the cryptocurrency has fluctuated in recent months. Earlier, skeptics wondered whether the original source of all digital money could regain record momentum, as it did at the beginning of the year, Bloomberg reports.
After a rapid rally on news of Donald Trump's reelection for a second term, Bitcoin was stuck in a range around $100,000 in both directions for several months. Concerns about Trump's political and economic course dampened enthusiasm. Now, as risk assets like stocks are again close to their historical highs, Bitcoin has resumed its upward movement.
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$BNB The planned acquisition of the rapidly growing AI startup Windsurf by OpenAI for $3 billion has fallen through, reports The Verge. Instead, Google DeepMind has hired many employees from Windsurf, including leader Varun Mohan, co-founder Douglas Chen, and some leading researchers.
However, Google is not acquiring the startup itself and does not obtain its stake: the company merely bought a license for Windsurf's technologies and hired a top team. All of this cost the internet giant $2.4 billion.
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#TradingStrategyMistakes "The distortions created by AI will undermine the use of labor market information based on 'big data', complicating historical comparisons," the bank explained. They added that this occurs "at a time when declining response rates to surveys make official data less representative and more based on guesswork."
UBS warns that although AI promises long-term benefits, it currently obscures the short-term visibility of the true state of the labor market, complicating the efforts of policymakers and investors to accurately interpret trends.