Strive stock jumps 7% as the company buys 79 more Bitcoin, lifting holdings to 20,246 BTC while analysts target ASST at $30.
VanEck's capitulation signals suggest a potential market bottom, indicating a possible recovery phase and highlighting Bitcoin's cyclical nature. VanEck reports 8 of 12 Bitcoin capitulation signals firing.
Citigroup has introduced Custody+, a comprehensive upgrade to its custody operations designed to accommodate accelerated settlement timelines and continuous market activity. The new platform integrates continuous processing capabilities, liquidity optimization tools, machine learning technology, and digital asset custody within the bank's worldwide custody infrastructure.
Stake acquisition: Metaplanet plans a 95.7% stake in Super League through a $134.6 million Bitcoin‑backed deal. Platform strategy: The firm contributes 2,100 BTC and gains warrants plus rights to invest $210 million more. Corporate transition: Super League becomes Superplanet under ticker SUPA, with leadership split and closing expected in Q4.
BlackRock's stance reassures investors of Bitcoin's resilience, highlighting its potential as a distinct asset class despite market volatility. BlackRock calls Bitcoin's 50% pullback a positioning correction, not a structural break.
The Bitcoin slump highlights shifting investor priorities and potential market stabilization as long-term holders capitulate, possibly signaling a bottom. Bitcoin faces slump as retail traders exit and ETF outflows hit $6.4 billion.
The banking giant plans to let institutional clients hold Bitcoin and traditional assets through the same custody framework.
Metaplanet plans a $134.6 million investment in Super League to create a U.S.-listed Bitcoin treasury platform called Superplanet.
Metaplanet has agreed to invest 2,100 Bitcoin and $2.5 million in Nasdaq-listed Super League Enterprise, securing a 95.7% stake and creating a U.S. Bitcoin treasury company called Superplanet. According to a joint company announcement published on Aug.
The Tokyo-listed firm will seed gaming media company Super League—to be renamed Superplanet and trade as SUPA—with 2,100 BTC.
Rising Bitcoin spot demand could stabilize prices, ease miner selling pressure, and signal renewed institutional interest in the crypto market. Bitcoin's spot demand set to turn positive for first time since February.
Metaplanet is taking its bitcoin treasury strategy to the U.S. with a controlling stake in Super League, which surged 80% on the news.