Brazilian fintech company Meliuz is making headlines as it plans to expand its Bitcoin holdings, emphasizing the cryptocurrency’s role as a strategic asset. As part of its corporate strategy, Meliuz
The post Metaplanet Buys Bitcoin Using $10M USD Bonds in Strategic Funding Shift appeared first on Coinpedia Fintech News Japanese-listed firm Metaplanet Inc. is deepening its Bitcoin commitment with a fresh $10 million move, further cementing its reputation as Asia’s boldest corporate player in the crypto space. This time, the company has issued zero-coupon dollar-denominated bonds to EVO FUND to boost its Bitcoin holdings while strategically avoiding any financial strain. Metaplanet to raise $10 million to purchase more Bitcoin pic.twitter.com/SYeIspzJAJ — BITCOIN EXPERT INDIA (@Btcexpertindia) April 16, 2025 The company even changed its logo to show its commitment to Bitcoin by building block by block the aim to achieve 10000 BTC by the end of 2025 . What’s behind the Metaplanet logo? The “M” tells a story — from open frameworks to solid conviction. It reflects our journey: Building block by block Accumulating BTC Turning bold vision into reality Geometric, intentional, and orange for a reason. Bitcoin is the… pic.twitter.com/nIxfp0Vt40 — Simon Gerovich (@gerovich) April 15, 2025 Dollar Bonds Over Yen—A Smarter Route to Bitcoin Metaplanet’s latest bond issue, maturing on October 14, follows the structure of its earlier yen-based offerings but with a strategic upgrade—funding directly in US dollars. This shift, as explained by CEO Simon Gerovich in his X post , is a deliberate move to sidestep the high and often unreasonable exchange fees imposed by Japanese banks when converting yen to dollars for Bitcoin purchases. However, by securing capital in USD from the outset, the company avoids those conversion costs and gains access to cheaper Bitcoin prices available in international markets. This results in a lower average cost of acquisition, allowing Metaplanet to stretch its investment further and boost overall shareholder value. Notably, from January to March 2025, Metaplanet reported a BTC Yield of 95.6%. Between April 1 and April 14, the yield was 6.5%, showing continued growth even in a shorter time frame. Bitcoin Buying Spree Continues Metaplanet’s aggressive strategy hasn’t slowed down. Just days before this announcement, the company increased its Bitcoin stash by 319 BTC, taking its total to 4,525. Earlier this month, it added 150 BTC, followed by another 156 BTC, chipping away at its ambitious goal of holding 21,000 BTC by 2026. These purchases come as Bitcoin trades around $83,000 and is down 25% from its all-time high of over $109,000. This is also seen as the best time to buy the dip and stack Bitcoin at lower prices. Following Strategy-Inspired Blueprints Often called “Asia’s Strategy,” Metaplanet’s roadmap reflects the US firm’s Bitcoin-heavy model. While Strategy holds over 500,000 BTC, Metaplanet is catching up and already ranks 10th globally among public Bitcoin holders, according to BitcoinTreasuries data. With its stock reacting positively to Bitcoin buys, such as a 19% jump after a $44 million acquisition in March, the company appears to be gaining traction both financially and strategically. Looking Beyond Japan Metaplanet isn’t just growing its Bitcoin wallet; it’s also expanding its reach. Earlier this year, the company began exploring a US stock market listing to attract international investors. At the same time, it welcomed Eric Trump to its newly formed strategic advisory board, aiming to amplify its global presence and influence in the Bitcoin economy. With bold moves, growing credibility, and an expanding network, Metaplanet is quickly becoming a major player in the corporate crypto race.
The US Securities and Exchange Commission has formally closed its investigation into CyberKongz, a prominent Ethereum-based NFT and gaming project, with no enforcement action taken, the team announced on Tuesday. CyberKongz described the decision as a landmark moment, ending what it called years of “unjust allegations, crippling legal fees, and the biggest hurdle we could possibly encounter.” The project, known for its pixelated primate avatars and immersive metaverse-style gaming experiences, had become a symbol of regulatory uncertainty in the Web3 space. In December, CyberKongz received a Wells notice from the SEC , which the project said reflected a confusing stance on how smart contracts function. One of the main issues raised by the regulator was the alleged sale of Genesis Kongz in April 2021. However, the team clarified this was not a token sale but a contract migration. They argued that if the SEC cannot tell the difference between a primary sale and a technical update, it raises serious concerns about the clarity of current crypto regulations. The SEC has officially closed its investigation into CyberKongz. After years of litigation, unjust allegations, crippling legal fees, and the biggest hurdle we could possibly encounter – we are free. This is an extremely proud moment for CyberKongz. We are a small, passionate,… pic.twitter.com/kU1QOnp4wN — CyberKongz (@CyberKongz) April 15, 2025 SEC’s Enforcement Eases Following Trump’s Return The announcement comes as the SEC begins to ease its posture toward crypto companies. In line with this shift, the agency has recently paused or dropped several high-profile investigations. These include cases involving Coinbase , Kraken , Robinhood , Immutable and Consensys. At the same time, some probes, like those into Binance and OpenSea, remain open. However, the overall trend points to a softer enforcement approach than in previous years. This shift in approach coincides with a political transition in Washington. The second Trump administration took office in January, followed by the resignation of SEC Chair Gary Gensler. Days later, the agency launched a new Crypto Task Force to develop clearer rules for the industry, marking a turn toward regulatory clarity and collaboration. CyberKongz Says Victory Signals Hope for Builders Across Web3 CyberKongz was founded by a group of artists and developers. It first gained traction in 2021 during the NFT boom. The project featured uniquely generated gorilla avatars that attracted a cult following. It later expanded into a larger gaming and metaverse ecosystem. The team described its legal battle as a stand for the entire Web3 space, not just itself. “We are a small, passionate, and creative Web3 team that elected to fight this battle for the betterment of Web3,” the project said. A full rebrand and new direction will be announced soon, it added. The case is now closed. CyberKongz said it hopes the outcome will inspire other blockchain projects to keep building with confidence. “It should be celebrated by all that our space is here to stay,” the team said. The post SEC Closes Investigation Into NFT Gaming Project CyberKongz appeared first on Cryptonews .
Cardano price started a fresh decline from the $0.680 zone. ADA is consolidating near $0.620 and remains at risk of more losses. ADA price started a recovery wave from the $0.5850 zone. The price is trading below $0.640 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.6350 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it clears the $0.640 resistance zone. Cardano Price Faces Resistance In the past few sessions, Cardano saw a fresh decline from the $0.680 level, like Bitcoin and Ethereum . ADA declined below the $0.650 and $0.640 support levels. A low was formed at $0.6040 and the price is now consolidating losses. There was a minor move above the $0.6120 level. The price tested the 23.6% Fib retracement level of the recent decline from the $0.6481 swing high to the $0.6040 low. Cardano price is now trading below $0.640 and the 100-hourly simple moving average. On the upside, the price might face resistance near the $0.6260 zone and the 50% Fib retracement level of the recent decline from the $0.6481 swing high to the $0.6040 low. The first resistance is near $0.6350. There is also a connecting bearish trend line forming with resistance at $0.6350 on the hourly chart of the ADA/USD pair. The next key resistance might be $0.6480. If there is a close above the $0.6480 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.680 region. Any more gains might call for a move toward $0.70 in the near term. Another Drop in ADA? If Cardano’s price fails to climb above the $0.6350 resistance level, it could start another decline. Immediate support on the downside is near the $0.6040 level. The next major support is near the $0.60 level. A downside break below the $0.60 level could open the doors for a test of $0.580. The next major support is near the $0.5550 level where the bulls might emerge. Technical Indicators Hourly MACD – The MACD for ADA/USD is gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level. Major Support Levels – $0.6040 and $0.580. Major Resistance Levels – $0.6350 and $0.6480.
Payments-focused XRP's immediate prospects look bleak, with its price chart flashing a "rising wedge" breakdown. A rising wedge comprises two converging trendlines that connect higher lows and higher highs. This convergence suggests that upward momentum is weakening. When the price moves below the lower trendline, it signals a shift to a bearish trend. XRP dived out of its rising wedge pattern during Wednesday's early Asian hours, suggesting that the attempted recovery from the April 7 lows near $1.60 has likely lost momentum, allowing sellers to regain control. According to technical analysis theory , analysts should identify the starting point of the rising wedge as the initial support level following the breakdown, which means XRP can now fall back to $1.60. The cryptocurrency has also fallen below the Ichimoku Cloud, a momentum indicator, on the hourly chart, reinforcing the bearish outlook indicated by the rising wedge breakdown. Tuesday's high of $2.18 is the level for bulls to beat to invalidate the bearish outlook.
As Q2 unfolds, Bitcoin (BTC) hovers above $80K , Ethereum (ETH) bounces around $1,560 , and XRP has locked in above $2.03 . These three giants are forming classic launch pad patterns —but beneath the headlines, MAGACOINFINANCE is building the kind of early-stage fire that rarely goes unnoticed twice. ROI Comparison – BTC, ETH, XRP vs MAGACOINFINANCE MAGACOINFINANCE : $0.0002908 to $0.007 = +3,645% ROI BTC : $80K to $150K = +87.5% ROI ETH : $1,560 to $10K = +541% ROI XRP : $2.03 to $10 = +392% ROI STAGE 6 SOLD OUT — STAGE 7 LIVE NOW Pre-Sale Rush: Stage 7 Already 60% Filled MAGACOINFINANCE is climbing rapidly. With Stage 6 SOLD OUT , buyers rushed into Stage 7 , pushing it past 60% capacity within days. The current price sits at $0.0002908 , but the next increase is coming soon. At listing, this token will hit $0.007 —a built-in 2,308% ROI . Activate the MAGA50X bonus and you’ll receive 50% more tokens , boosting your upside to +3,645% . With 12,500+ holders , this isn’t speculation—it’s action. PRESALE LIVE NOW – CLICK HERE TO SECURE A SPOT Viral Momentum: Media Buzz Is Pushing Demand Crypto influencers, YouTube analysts, and top-tier Telegram alpha groups are already buzzing. MAGACOINFINANCE is now appearing on CMC watchlists and has been featured across multiple crypto news outlets. This project is experiencing the same early attention that sparked DOGE in 2021 and SHIBA in its breakout month. With Stage 7 still open, you’re early—but not for long. Current Price Highlights BTC : Around $80,165 , building new higher lows ETH : Trading at $1,560 , solid institutional support XRP : At $2.03 , retesting prior resistance 50% BONUS TOKEN OFFER — ENDS SOON! USE MAGA50X Other Coins to Watch: ADA, TON, LINK, XLM ADA is up around $0.63 , seeing L2 growth TON gains with Telegram’s native integration at $1.08 LINK leads oracle infrastructure at $12.42 XLM builds in remittances above $0.236 Conclusion The market is heating up—but MAGACOINFINANCE is rising faster than anyone expected. Viral energy, stage urgency, and a low price point make this a launchpad of its own. Get in before the next surge— Stage 7 won’t last . Always do your own research before investing. For more information and to participate in the presale: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: $100 Flip: BTC, ETH, and XRP Forming Q2 Launch Pads
The world's largest altcoin might be on the lookout for some key catalysts.
Local governments in China are reportedly seeking ways to offload seized crypto while facing challenges due to the country’s ban on crypto trading and exchanges. The lack of rules around how authorities should handle seized crypto has spawned “inconsistent and opaque approaches” that some fear could foster corruption, lawyers told Reuters for an April 16 report. Chinese local governments are using private companies to sell seized cryptocurrencies in offshore markets in exchange for cash to replenish public coffers, Reuters reported, citing transaction and court documents. The local governments reportedly held approximately 15,000 Bitcoin ( BTC ) worth $1.4 billion at the end of 2023, and the sales have been a significant source of income. China holds an estimated 194,000 BTC worth approximately $16 billion and is the second largest nation Bitcoin holder behind the US, according to Bitbo. Zhongnan University of Economics and Law professor Chen Shi told Reuters that these sales are a “makeshift solution that, strictly speaking, is not fully in line with China’s current ban on crypto trading.” Countries and governments that hold BTC. Source: Bitbo The issue has been exacerbated by a rise in crypto-related crime in China, ranging from online fraud to money laundering to illegal gambling. Additionally, the state sued more than 3,000 people involved in crypto-related money laundering in 2024. China crypto reserve floated as solution Shenzhen-based lawyer Guo Zhihao opined that the central bank is better positioned to deal with seized digital assets and should either sell them overseas or build a crypto reserve. Ru Haiyang, co-CEO at Hong Kong crypto exchange HashKey, echoed the suggestion saying that China may want to keep forfeited Bitcoin as a strategic reserve as US President Donald Trump is doing. Related: Bitcoin rebounds as traders spot China ‘weaker yuan’ chart, but US trade war caps $80K BTC rally Creating a crypto sovereign fund in Hong Kong, where crypto trading is legal, has also been proposed. This issue has gained attention amid rising US-China trade tensions and Trump’s plans to regulate stablecoins and foster growth and innovation in the crypto industry. Several industry observers have suggested that China’s tariff response could result in a devaluation of the local currency, which may result in a flight to crypto . Magazine: Illegal arcade disguised as … a fake Bitcoin mine? Soldier scams in China: Asia Express
China is reportedly intensifying efforts to clarify how to handle a ballooning trove of cryptocurrencies confiscated in criminal cases, as the absence of unified rules triggers concern over corruption and inconsistent enforcement. Although crypto trading is banned in China and digital assets are neither legal tender nor recognized property, local courts and governments have quietly continued to seize Bitcoin and other tokens linked to crimes ranging from internet fraud to illegal gambling. Lawyers, judges and law enforcement officials are now urging regulatory reform to bring transparency and structure to this grey area, Reuters reported Wednesday. Without established guidelines, some fear the current ad hoc handling could embolden criminal networks or create opportunities for abuse within the system. China debates how to handle criminal crypto cache https://t.co/skImimgOWd pic.twitter.com/SGV9rXtuga — Reuters World (@ReutersWorld) April 15, 2025 China’s Crackdown on Crypto Crimes Boosts Government Confiscation Revenues Local governments are under fiscal pressure from China’s slowing economy. In several cases, they have enlisted private firms to liquidate seized cryptocurrencies. Court documents and transaction records reviewed by Reuters show how this works. Authorities convert digital coins into cash and use the proceeds to supplement government funds. These debates come amid a rapid rise in crypto-linked criminal prosecutions . In 2023 alone, Chinese authorities filed charges against over 3,000 individuals for crypto-related money laundering, with total funds involved in such crimes surging tenfold to 430.7 billion yuan ($59b), according to blockchain security firm SAFEIS. The financial stakes are rising alongside enforcement. Penalty and confiscation revenues collected by local governments reached 378 billion yuan ($51.8b) last year, a 65% increase from 2018. Chinese Citizens Evade Ban as Government Quietly Accumulates Crypto A report from Bitcoin investment firm River estimated that China’s local governments held around 15,000 Bitcoin at the end of 2023. At current prices, the stash is worth about $1.4b. This places China among the top holders of the cryptocurrency globally. Despite Beijing’s sweeping ban on cryptocurrency trading and mining in recent years, many Chinese citizens have continued to use offshore exchanges and peer-to-peer methods to access digital assets, often routing transactions through VPNs or overseas platforms. This has complicated enforcement and blurred the line between personal use and criminal conduct. Debates over seized crypto are escalating. Policymakers may now be forced to draft new national-level guidelines. Legal observers believe a formal regulatory response could follow soon. This may reshape how China handles digital assets caught in its legal net. The post China Grapples With What to Do With Seized Crypto Stash appeared first on Cryptonews .
On April 16th, significant tensions within the U.S. administration regarding tariff strategies were highlighted by CBS News. Despite public assertions of unity among officials from the Trump administration about **U.S.