How will the FED rate decision impact Bitcoin’s price?
Metaplanet Bitcoin Holdings Reach 5,555 BTC: What’s Next for Bitcoin?
The global markets anticipate the U.S. Federal Reserve rate decision on May 7, while Bitcoin executes its strategic movement. The focus on macroeconomic indicators has distracted investors from the institutional accumulation and whale transactions, which suggest an emerging bull market that retail investors might overlook.
Metaplanet’s Bold Move: 555 BTC Purchase at $96K
The Japanese-based Metaplanet Inc., which is being called the “Asian MicroStrategy”, is making news because of its purchase of 555 BTC worth $53.7 million. The company issued $25 million of 0% ordinary bonds and has used the entire proceeds to grow its Bitcoin holdings.
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