The post Metaplanet Launches Bitcoin, JPYC Backed Digital Credit System In Japan appeared on BitcoinEthereumNews.com.
Japanese Bitcoin treasury firm Metaplanet released news of a partnership to create a digital credit system using Bitcoin, JPYC’s stablecoin, and security tokens. For this initiative, Metaplanet Securities, JPYC Inc., and Progmat are collaborating. The initiative is designed to investigate blockchain-based credit products, from digital corporate bonds to credit products in general. Metaplanet Taps Bitcoin & JPYC For Digital Credit Framework According to a July 10 notice, the collaboration will integrate Metaplanet’s financial strategy based on the Bitcoin network with JPYC’s capabilities to settle stablecoins. In addition, Metaplanet said it will leverage Progmat’s security token infrastructure and Metaplanet Securities’ expertise in structuring and distributing financial products. Moreover, the study “spans the digital credit domain broadly, ranging from digital corpora
The post TeraWulf Targets $3.5B Debt For Kentucky AI Campus appeared on BitcoinEthereumNews.com.
US-listed Bitcoin mining company TeraWulf is reportedly seeking to raise $3.5 billion in debt to expand its Justified Data campus in Kentucky, a facility leased by artificial intelligence company Anthropic under a long-term agreement. The deal is expected to launch this year, with investment bank Morgan Stanley leading the financing effort, TeraWulf chief financial officer Patrick Fleury said, according to a Thursday Bloomberg report. The deal could include leveraged loans and high-yield bonds, marking TeraWulf’s first entry into the leveraged loan market, the report stated. The news comes days after TeraWulf signed a 20-year lease agreement with Anthropic for the Kentucky facility, showing how demand for AI computing capacity is creating new funding opportunities for data center operators. TeraWulf’s previous financing activity includes multibillion-dollar offerings The Justified Data camp
Saylor's Bitcoin sale highlights the volatility and strategic shifts in corporate crypto holdings, impacting investor confidence and market dynamics.
The post Michael Saylor’s Strategy sells 3,588 Bitcoin in largest liquidation ever, rattling crypto investors appeared first on Crypto Briefing.
The post Euro slips as soft Eurozone inflation, Japan pension shift lift Yen appeared on BitcoinEthereumNews.com.
EUR/JPY trades around 184.95 on Friday at the time of writing, down 0.35% on the day, as the Japanese Yen (JPY) benefits from renewed demand following the government’s announcement of a potential shift toward greater domestic investment. At the same time, confirmed signs of easing inflation in Germany and France continue to weigh on the Euro (EUR). Final data released on Friday confirmed that inflationary pressures continue to moderate across the Eurozone. In Germany, the Harmonized Index of Consumer Prices (HICP) rose 2.4% YoY in June, down from 2.7% in May, while monthly prices declined by 0.2%. In France, the Consumer Price Index (CPI) also slowed to 2% YoY from 2.8% in May, with prices falling 0.3% on a monthly basis. These figures reinforce expectations that the European Central Bank (ECB) will leave interest rates unchanged at its July meeting as policymakers assess d
The post Metaplanet Studies Bitcoin-backed Digital Bonds in Japan appeared on BitcoinEthereumNews.com.
Japanese investment and Bitcoin treasury company Metaplanet’s securities arm, Metaplanet Securities, stablecoin issuer JPYC and tokenization infrastructure provider Progmatare are tying up on a joint study on Bitcoin-backed digital credit products in Japan. The study involves using BTC as collateral and a credit enhancement tool combined with the Japanese yen-pegged JPY Coin (JPYC) stablecoin for settlement and payments, while security tokens will be used to manage holder rights, Metaplanet said Friday. The joint study will examine whether Bitcoin can be used as collateral or credit enhancement for digital corporate bonds and other credit instruments, with 24/7 accessibility, settlement and daily interest accrual for holders, issued on the blockchain ledger. No product has been launched yet as part of the experiment. The study suggests Metaplanet is looking beyond its role as a Bitcoi
The post Bitcoin (BTC) price challenges Monday’s rejection level as ether (ETH) looks to break its streak of lower highs appeared on BitcoinEthereumNews.com.
The crypto market took another leg higher on Friday with bitcoin BTC$64,388.92 trading at $64,400, up by 2% since midnight UTC. The largest cryptocurrency is currently at the price it failed to penetrate on Monday. If it can break past this level, it will likely advance toward the June 15 high of $67,250. Ether (ETH) outperformed bitcoin, rising 2.6% to $1,790 as it looks to snap a trend of sequential lower highs and lower lows. There were also notable gains across the altcoin sector ahead of the weekend, typically a period of lower liquidity. Zcash (ZEC) and aave AAVE$96.92 both rose by around 5% as optimism is slowly crept back into more speculative bets after months of waning sentiment. Crypto diverged from U.S. equities, with S&P 500 index futures and Nasdaq 100 futures falling 0.1% and 0.4%, respectively. Derivatives position
The post Bitcoin tops $64K as improving risk sentiment boosts crypto market recovery appeared on BitcoinEthereumNews.com.
Key takeaways Bitcoin (BTC), Ethereum (ETH), and XRP extended their recovery as geopolitical concerns eased. Market sentiment improved after US President Donald Trump said Iran had reached out to discuss a potential agreement. Bitcoin has surpassed the key $64,000 resistance level, with a breakout potentially strengthening the short-term outlook. Bitcoin (BTC) extended its recovery on Friday, climbing above the $64,000 level as improving investor sentiment supported a broader rebound across the cryptocurrency market. The recovery comes after geopolitical concerns eased following comments from US President Donald Trump, who said Iran had contacted the United States to discuss a potential agreement. The remarks fueled hopes of reduced tensions in the Middle East, encouraging investors to return to risk assets. The positive sentiment also helped Ethereum (ETH) edge cl
The post Bitcoin faces $62K max pain as $1.75B crypto options expire appeared on BitcoinEthereumNews.com.
Bitcoin and Ethereum options worth about $1.75 billion expired on July 10 as traders maintained a cautious view of the crypto market. Summary Bitcoin options worth $1.5 billion expired as traders watched the key $62,000 maximum pain level. Ethereum’s 1.26 put-call ratio reflected unusually high demand for downside protection during the weekly expiry. Institutional traders sold short-term calls, suggesting limited confidence in a sustained crypto market rally ahead. According to data shared by Greeks.live, about 23,000 Bitcoin options expired with a notional value of $1.5 billion. The contracts had a put-call ratio of 0.97 and a maximum pain level of $62,000. Meanwhile, 140,000 Ethereum options expired with a notional value of $250 million. The ETH contracts carried a put-call ratio of 1.26 and a maximum pain level of $1,700. Bitcoin options traders limit short-term upside Bitcoin r
