Kategorie: Bitcoin News

• Simon Gerovich said the company acquired the bitcoins at an average cost of $120,006 each.
• Metaplanet began implementing its Bitcoin accumulation strategy in April 2024.
• With the latest purchase, Metaplanet’s total bitcoin holdings have risen to 18,888 BTC, valued at about $1.94 billion.

Metaplanet, a Japanese Bitcoin treasury company, has purchased an additional 775 BTC for roughly $93 million as part of its ongoing accumulation strategy.

The firm disclosed the latest acquisition on Monday through a post by its president, Simon Gerovich, on X.

Gerovich said the company acquired the bitcoins at an average cost of $120,006 each.

With the latest purchase, Metaplanet’s total bitcoin holdings have risen to 18,888 BTC, valued at about $1.94 billion.

The firm’s average purchase price now stands at $102,653 per bitcoin.

Metaplanet began implementing its Bitcoin accumulation strategy in April 2024.

The firm is currently the seventh-largest holder of Bitcoin globally, according to Bitcointreasuries data.

In his post announcing the milestone, Gerovich noted the company’s growing treasury position and reaffirmed its commitment to the strategy.

Metaplanet’s Q2 results

The company also released its second-quarter financial results last week.

Total revenue reached 1.2 billion yen ($8.4 million), representing a 41% increase from the previous quarter.

Net income swung to a profit of 11.1 billion yen ($75.1 million), compared to a net loss of 5 billion yen ($34.2 million) in the first quarter.

Metaplanet said it continues to project full-year revenue of 3.4 billion yen and operating profit of 2.5 billion yen.

The company attributed this outlook to recurring income from cash-secured put premiums and its operational performance.

Metaplanet stock under pressure

Despite the upbeat earnings and treasury expansion, Metaplanet’s stock price fell 8.6% on Friday to close at 866 yen.

On Monday, shares recovered slightly, rising 0.6% around midday in Japan, while markets were still open.

Addressing the recent weakness, Gerovich acknowledged the disappointment among investors but stressed confidence in the company’s long-term approach.

I hear the disappointment in the recent pullback. It’s natural to feel that way. But what gives us conviction is the foundation we are building. Let’s review the milestones we’ve reached together, because over time fundamentals prevail. pic.twitter.com/rw3WNa2FRB

— Simon Gerovich (@gerovich) August 17, 2025

He said the firm’s bitcoin income generation business has expanded for three consecutive quarters, adding that recurring income provides resilience and flexibility to support future financing and treasury operations.

Bitcoin price today

The latest acquisition comes as bitcoin’s price faces volatility.

The world’s largest cryptocurrency touched a new all-time high of $124,474 last Thursday before retreating 4% the same day.

Over the weekend, it traded around the $117,300 level and was slightly lower at the start of the week, nearing key support at $116,000.

If Bitcoin closes below that level, analysts note that the decline could extend toward its 50-day Exponential Moving Average of $115,031.

A further break below could test the next support zone near $111,980.

The post Metaplanet adds 775 Bitcoin to treasury amid market pullback appeared first on CoinJournal.

• Bitcoin smashes its record, climbing to a new all-time high of $124,002.
• Hopes for a significant Federal Reserve rate cut are fueling the rally.
• A new executive order opens the door for crypto in 401(k) retirement plans.

Bitcoin blasted through to a new all-time high on Thursday, as a perfect storm of roaring optimism over Federal Reserve policy and a series of powerful pro-crypto reforms converged to send the digital asset into uncharted territory.

The move signals a dramatic new phase for a market that has been supercharged by a seismic shift in the US political and regulatory landscape.

In early Asian trading, the world’s largest cryptocurrency climbed as much as 0.9% to touch $124,002.49, decisively surpassing the previous peak it set in July.

The tidal wave of buying lifted the broader market, with the second−largest token, Ether, surging to 4,780.04—its highest level since the bull market of late 2021.

The three-pronged catalyst: Fed, institutions, and the White House

This record-setting rally isn’t a random surge; it’s being powered by a clear confluence of forces.

According to IG market analyst Tony Sycamore, Bitcoin’s momentum is a direct result of “increasing certainty of Fed rate cuts, sustained institutional buying and moves by the Trump administration to ease investment in crypto assets.” 

The technical picture is now just as bullish, with Sycamore noting that a decisive move could open the floodgates for a much larger run. “Technically a sustained break above $125k could propel BTC to $150,000,” he wrote in a note.

The ‘crypto president’ and the $1.6 trillion surge

Since President Donald Trump’s return to the White House, the regulatory environment in the United States has transformed from hostile to overtly favorable.

Trump has proudly labeled himself the “crypto president,” and a series of long-sought regulatory wins for the industry have followed throughout 2025, from the passage of landmark stablecoin regulations to a broader overhaul by the securities regulator to accommodate digital assets.

The market impact of this policy pivot has been staggering. Bitcoin itself has risen nearly 32% so far in 2025.

More broadly, the entire crypto sector’s market capitalization has ballooned from about $2.5 trillion in November 2024, when Trump won the election, to over $4.18 trillion today, according to data from CoinMarketCap.

Unlocking retirement billions: the 401(k) game-changer

The latest and perhaps most significant tailwind came from an executive order signed last week on Thursday.

The order paved the way for crypto assets to be included in 401(k) retirement accounts, a move that could unlock a colossal new wave of mainstream capital for the asset class.

This is not just a win for investors; it’s a potential boon for asset management giants like BlackRock and Fidelity, whose crypto exchange-traded funds (ETFs) could become staples of American retirement planning.

However, this push into long-term savings is not without its perils.

The very volatility that creates spectacular rallies also poses significant risks, especially for retirement accounts that have historically relied on the relative stability of stocks and bonds.

For now, though, the market is firmly focused on the upside, celebrating a new era of legitimacy that has sent its leading asset to heights once thought unreachable.

The post Bitcoin hits new all-time high as Fed easing bets and favorable US policy align appeared first on CoinJournal.

• Long-term holder (LTH) selloffs cool, easing Bitcoin price selling pressure.
• BTC price holds above $116,817 despite rejection near $122K.
• CPI data may decide the next major BTC price move.

Bitcoin price forecast shows BTC price steadying as long-term holder selloffs cool.

Meanwhile, traders are watching on-chain flows and macro prints for signs of the next directional move.

Long-term holders’ selloff cools

Long-term holders have materially reduced daily sales, and consequently, the market has seen a clear shift toward holding.

According to on-chain data, daily LTH sales slipped below $1 billion in August, after averaging above that threshold in July, and this shift has removed a notable chunk of selling pressure.

Moreover, the reduced flow of coins to exchanges, according to Coinglass, has coincided with renewed accumulation, which in turn supports a calmer BTC price near current range levels.

On-chain evidence points to accumulation

Binary Coin Days Destroyed has dropped toward zero, signalling that older coins are not moving and therefore are being held longer.

Additionally, the Fund Flow Ratio sits at unusually low levels, around 0.057, and this suggests fewer assets are being sent to exchanges.

Consequently, spot market net inflows — including a recent $51 million buy day after a $242 million sell-off on August 10 — reinforce that demand is returning more steadily than before.

Triangle breakout holds, but risks remain

Technically, Bitcoin broke upward from a triangle and remains above the $116,817 breakout threshold, which means momentum is still intact.

However, recent attempts to clear $122,000 ended with a rejection and a “gravestone” doji candlestick, and hence, traders note that the path to a new ATH may not be smooth.

Meanwhile, a CME futures gap near $117K and four-hour 200MA/EMA confluence add short-term technical magnetism that could invite retests before any sustained push higher.

CPI and Fed policy could tilt the scales

Macro catalysts are front and centre because upcoming US CPI figures influence rate-cut expectations and dollar strength.

If core inflation prints higher than expected — for example, near 3.1% — then Fed-cut odds for September would likely decline, and as a result BTC price may face pressure.

Conversely, a softer CPI near 2.9% would boost rate-cut prospects, weaken the dollar, and likely favour renewed upside for crypto and BTC price momentum.

Two plausible paths for Bitcoin traders

On the bullish path, continued LTH holding, steady capital inflows, and a break above recent highs could carry BTC to new discovery above $123,000 and into a $120K–$125K zone.

On the bearish path, a confirmed distribution phase — as some Wyckoff-analysing traders warn — could open a markdown toward the $92K–$95K area, and therefore, traders must respect risk controls.

$BTC | Wyckoff Logic in Play 📊

After a strong Accumulation Phase in March–April confirmed by bullish RSI divergence, BTC entered a powerful Mark-Up phase, reaching new highs.

Currently, price action is showing signs of a Distribution Phase — sideways movement with weakening… pic.twitter.com/PTDoosNnDb

— ZAYK Charts (@ZAYKCharts) August 12, 2025

Thus, momentum and macro prints will decide whether the market grinds higher or re-enters a corrective phase.

Bitcoin price forecast: What traders should watch

Watch whether BTC holds $116,817 and whether exchange inflows remain subdued, because these are immediate signs of supply drying up.

Also, monitor short-term technical confluence at the CME gap near $117K and the reaction to CPI data, since both can trigger quick directional moves.

While sentiment includes bullish voices like the co-founder of PayPal, Peter Thiel, who sees structural undervaluation, traders should remain nimble and factor in both upside targets and downside scenarios.

The current Bitcoin forecast balances improved on-chain accumulation against near-term macro risk, and this equilibrium shapes the prevailing BTC price outlook.

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