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  • Metaplanet wants to boost its Bitcoin holdings to 10,000 in 2025

    Metaplanet wants to boost its Bitcoin holdings to 10,000 in 2025

    Metaplanet loads more bitcoins with 42,466 BTC purchase
    • Metaplanet started buying Bitcoin in May 2024 as a strategic treasury reserve
    • The Tokyo-listed company currently holds 1,761.98 Bitcoin
    • It saw its Bitcoin yield reach 310% between October 1, 2024 to December 23, 2024 compared to 41% between July 1, 2024 to September 2024

    Metaplanet is on a mission to boost its Bitcoin holdings to 10,000 in 2025 while leveraging its partnerships to boost Bitcoin adoption worldwide.

    In a post on X, Simon Gerovich, CEO of Metaplanet, said that the Tokyo-listed company is aiming to “expand our Bitcoin holdings to 10,000 BTC by utilizing the most accretive capital market tools available to us.”

    Reflecting on its 2024 performance, Gerovich highlighted that the company “broke records, expanded our Bitcoin treasury, and reinforced our position as Asia’s leading Bitcoin treasury company.”

    Purchasing Bitcoin

    Since May 2024, Metaplanet has been acquiring Bitcoin at a steady rate as a strategic treasury reserve. In June, it purchased $6.2 million worth of Bitcoin. This was followed by a $2.5 million purchase in July, a $7 million Bitcoin purchase in October, and an additional $11.7 million in November.

    Its latest Bitcoin purchase was in late December totaling 620 Bitcoin for $60 million. To date, Metaplanet currently holds 1,761.98. In comparison, MicroStrategy holds 447,470 Bitcoin with its most recent purchase of $101 million taking place at the end of December 2024.

    According to a December 23 notice from Metaplanet, it saw its Bitcoin yield reach nearly 310% between October 1, 2024 to December 23, 2024. This is compared to a 41% Bitcoin yield reached between July 1, 2024 to September 30, 2024.

    On top of building its Bitcoin holdings, Gerovich added on X, among other things, that Metaplanet is focusing on building partnerships to “advance Bitcoin adoption in Japan and globally” while exploring “innovative opportunities to grow Metaplanet’s impact in Japan and the Bitcoin ecosystem.”

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  • Calamos Investments to introduce a Bitcoin ETF with 100% downside protection

    Calamos Investments to introduce a Bitcoin ETF with 100% downside protection

    Calamos Investments to introduce a Bitcoin ETF with 100% downside protection
    • Calamos is launching a Bitcoin ETF with 100% downside protection named CBOJ in January.
    • The ETF combines Treasury bonds and Bitcoin options to mitigate investment risks.
    • CBOJ offers annual protection resets and caps potential gains for risk management.

    Calamos Investments is set to launch a groundbreaking Bitcoin exchange-traded fund (ETF) offering 100% downside protection.

    Scheduled to debut on the Chicago Board Options Exchange (CBOE) on January 22, the new ETF, named CBOJ, is designed to address Bitcoin’s volatility while providing growth opportunities, according to a company announcement.

    Calamos’ Structured Protection ETF series

    CBOJ builds upon the success of Calamos’ Structured Protection ETF series, introduced in 2024. This series provided similar downside protection mechanisms for stock indices like the S&P 500 and Nasdaq-100.

    By extending these principles to Bitcoin, Calamos seeks to meet the demands of advisors, institutions, and investors looking for a way to capture Bitcoin’s growth potential while mitigating its historically high volatility.

    Bitcoin has historically been a highly volatile asset, often deterring risk-averse investors. The CBOJ ETF aims to overcome this challenge by ensuring that investors do not lose money, even if Bitcoin’s value declines.

    This innovative fund achieves downside protection by integrating US Treasury bonds with options tied to the CBOE Bitcoin US ETF Index. The combination provides a regulated and transparent avenue for gaining Bitcoin exposure while minimizing associated risks.

    CBOJ ETF’s annual protection reset

    One of the unique features of the CBOJ ETF is its annual reset of downside protection. Each year, investors benefit from a new cap on potential gains while maintaining full protection against losses for the next 12 months.

    This structure ensures ongoing risk mitigation and aligns with the dynamic nature of the Bitcoin market.

    “Many investors have been hesitant to invest in Bitcoin due to its epic volatility,” said Matt Kaufman, Head of ETFs at Calamos. “Calamos seeks to meet advisor, institutional, and investor demands for solutions that capture Bitcoin’s growth potential while mitigating the historically high volatility and drawdowns of the asset.”

    ETFs are investment funds that trade like stocks on exchanges, allowing investors to pool their money into a fund holding various assets. With CBOJ, investors gain exposure to Bitcoin without the need to own the cryptocurrency directly. This protective structure makes the ETF especially appealing to cautious investors looking to navigate the crypto market’s notorious price swings.

    As derivatives-based Bitcoin ETFs gain traction, industry reports suggest that more firms may follow Calamos’ lead in introducing similar solutions for risk-averse investors.

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  • MicroStrategy adds $101m Bitcoin to holdings, now at 447,470 BTC

    MicroStrategy adds $101m Bitcoin to holdings, now at 447,470 BTC

    • MicroStrategy buys another $101 million of Bitcoin.
    • Company’s holdings now stand at 447, 470 BTC.
    • KULR also announced it purchased $21 million worth of Bitcoin to add to its holdings.

    MicroStrategy has added to its Bitcoin (BTC) haul with another big purchase of 1,070 BTC valued at approximately $101 million.

    The company disclosed the latest Bitcoin purchase on Monday Jan. 6, noting the acquisition was at the average price of $94,004 per bitcoin. Buying happened between Dec. 30, 2024 and Jan. 5, 2025, the business intelligence firm said.

    MicroStrategy completed the sale after finalizing the sale of 319,586 shares. With this purchase, the company’s remains with $6.77 billion shares – part of the targeted $21 billion equity and $21 billion fixed income securities – to be used for more Bitcoin purchases.

    MicroStrategy’s Bitcoin strategy

    Bitcoin price has risen in the past week, rising amid bullish sentiment ahead of Donald Trump’s inauguration. So far, MicroStrategy has acquired a staggering 447,470 BTC hodled at the purchase value of about $27.97 billion. As per current prices,the company’s total BTC bag is worth over $44 billion. 

    The world’s largest corporate holder of Bitcoin has inspired several other publicly-traded companies to adopt BTC treasury strategies. It includes companies listed in the US, Hong Kong and Canada among others.

    Notably, MicroStrategy bought its bitcoin at the average price of $62,503 per BTC.

    One of these, KULR Technology Group, an energy management platform, has also announced on Jan.6 that it purchased another $21 million worth of BTC to bring its total to $42 million.

    KULR, which began its Bitcoin treasury strategy in early December, 2024, acquired the latest BTC haul at the average price of $98,393.58 per bitcoin.

    Bitcoin traded at around $99,194 at the time of writing, 1.5% up in the past 24 hours and nearly 6% up in the past week.

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  • Binance to list Solv Protocol’s native token SOLV next week

    Binance to list Solv Protocol’s native token SOLV next week

    Binance to list Solv Protocol’s native token SOLV next week
    • SOLV token to be listed on Binance on January 17, 2025, with four trading pairs.
    • Solv Protocol focuses on Bitcoin staking to boost DeFi integration and liquidity.
    • Besides listing, Binance has also invested in Solv Protocol.

    Binance, one of the world’s leading cryptocurrency exchanges, has announced its plan to list Solv Protocol’s native token, SOLV, next week.

    This move is set to amplify SOLV’s visibility and utility within the burgeoning sector of Bitcoin-focused decentralized finance (DeFi).

    SOLV to be listed on Binance on January 17

    The listing of SOLV on Binance is scheduled for January 17, 2025, at 10:00 UTC, with trading pairs including SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY.

    Notably, SOLV will enter the market with the “Seed” label, which Binance uses to signify tokens that are in their early stages, potentially indicating higher risk but also higher growth opportunities.

    The anticipation around the SOLV listing is palpable, with posts on social media platforms like X highlighting the community’s excitement and speculation about the token’s future market performance. Discussions point towards an initial market cap expectation ranging from $400 million to $600 million, reflecting both optimism and caution given the token’s nascent stage.

    The rise of the Solv Protocol

    Solv Protocol has carved a niche for itself by focusing on Bitcoin staking, aiming to integrate Bitcoin more deeply into the DeFi ecosystem. The protocol’s mission is to unlock the potential of over $1 trillion in Bitcoin assets by providing yield opportunities while preserving liquidity.

    With this listing, Binance endorses Solv Protocol’s vision and opens up new avenues for its users to engage with high-potential DeFi projects centred around Bitcoin.

    This listing comes on the heels of a significant strategic investment by Binance Labs in Solv Protocol, underscoring a strong belief in its potential to revolutionize Bitcoin’s role in DeFi. Solv Protocol has raised substantial funding, with a total of $22 million, to further its development and adoption.

    In addition to listing on Binance, SOLV will also be integrated into Binance’s Megadrop platform, where users can earn SOLV tokens by locking BNB or participating in Web3 quests, adding another layer of engagement for the crypto community.

    As we approach the listing date, all eyes will be on how SOLV performs and how effectively Solv Protocol can leverage this opportunity to expand its ecosystem and user base.

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  • Axol Memecoin is Heading to a Billion-Dollar Market Cap on Sui ? supercycle real ?

    Axol Memecoin is Heading to a Billion-Dollar Market Cap on Sui ? supercycle real ?

    Disclaimer: This is not financial advice. Always do your own research before investing in any cryptocurrency.

    Why BitcoinLfg Thinks Axol Memecoin is Heading to a Billion-Dollar Market Cap on Sui

    The memecoin market is notorious for its unpredictability, but it’s also where some of crypto’s most explosive growth stories emerge. Axol, a new memecoin on the Sui blockchain, has captured the attention of BitcoinLfg, and for good reason. Here’s why we believe Axol has the potential to reach a billion-dollar market cap.

    1. Unique Positioning on the Sui Blockchain

    Axol stands out as one of the first major memecoins to capitalize on Sui, a next-generation blockchain designed for speed, scalability, and low transaction fees. Sui’s innovative Move programming language has made it an attractive platform for developers, and Axol’s decision to launch there gives it a significant edge.

    By leveraging Sui’s high throughput and seamless user experience, Axol positions itself to dominate the memecoin space on this emerging blockchain, much like Dogecoin and Shiba Inu did on Ethereum.

    1. Strong Community Backing

    Memecoins live and die by their communities, and Axol’s is growing at an astonishing rate. BitcoinLfg notes that the Axol community isn’t just large—it’s also highly engaged. Social media buzz, meme contests, and grassroots marketing campaigns have turned Axol into more than just a token; it’s a movement.

    This level of community enthusiasm often acts as a springboard for price momentum, making Axol a prime candidate for viral growth.

    1. Strategic Tokenomics

    Axol’s tokenomics are designed with scalability and investor appeal in mind. With a deflationary model, staking rewards, and a portion of fees dedicated to community growth initiatives, Axol ensures long-term sustainability. Its fair launch approach also appeals to both whales and retail investors, preventing early dumping and fostering organic growth.

    BitcoinLfg highlights these tokenomics as a key factor in Axol’s potential to attract and retain investors.

    1. Marketing Mastery

    Axol has one of the most aggressive and well-planned marketing strategies in the memecoin market. From influencer endorsements to collaborations with prominent crypto communities, Axol has mastered the art of viral marketing. BitcoinLfg’s own involvement has amplified its exposure, bringing millions of potential investors into the fold.

    Memecoins thrive on hype, and Axol’s marketing team knows how to keep the momentum alive.

    1. Timing is Perfect

    Timing is everything in crypto, and Axol has launched at an opportune moment. The Sui ecosystem is still in its early stages, meaning Axol has less competition and more room for growth. Additionally, the broader market is showing signs of recovery, with memecoins once again gaining traction. This perfect storm of factors sets Axol up for exponential growth.

    1. BitcoinLfg’s Track Record

    When BitcoinLfg bets on a project, the crypto world listens. Their track record of identifying and promoting successful memecoins adds credibility to their Axol prediction. BitcoinLfg’s confidence in Axol is rooted in extensive research, market analysis, and an understanding of what it takes for a memecoin to succeed.

    Conclusion

    Axol isn’t just another memecoin—it’s a carefully crafted project with the potential to dominate the Sui blockchain and beyond. With a strong foundation, strategic tokenomics, an engaged community, and expert marketing, Axol has all the ingredients for success.

    BitcoinLfg’s belief in Axol’s billion-dollar potential isn’t just hype—it’s a calculated prediction based on solid fundamentals and market trends. While no investment is without risk, Axol’s growth trajectory suggests it could become one of the next big success stories in the crypto world.

    If Axol delivers on its promises, it could not only reach a billion-dollar market cap but also set new standards for what memecoins can achieve in the decentralized future.

    Disclaimer: This is not financial advice. Always do your own research before investing in any cryptocurrency.

  • iDEGEN price prediction: Is this the AI agent token to buy?

    iDEGEN price prediction: Is this the AI agent token to buy?

    Multiple small cap cryptocurrencies are witnessing notable price gains as profit taking cools for the major coins.

    Zerebro and Goateus Maximus rank as two of the biggest daily gainers as Bitcoin regains support above $94k. As traders eye potential bullish momentum in the coming months, what’s the price prediction for AI agent token iDEGEN?

    Will it explode to surpass sector rivals ai16z, ZEREBRO and GOAT? Is the outlook for Bitcoin key?

    What next for Bitcoin and altcoins?

    The overall sentiment remains bullish, but immediate action for most altcoins is slightly bearish. Analysts looking at Bitcoin and the altcoin market suggest the bull market correction may yet extend. For Bitcoin for instance, bulls may have to defend the $90k-$85k area if bears establish control short term.

    Ran Neuner, crypto trader and founder of Crypto Banter, has pointed to the Crypto Fear & Greed Index. He shared via X:

    “Corrections are a function of a change in sentiment from exuberance to fear. In every bull market correction the fear and greed drops by at least 40 points! I think the high was around 92 and we are at 65 now.”

    Notably, the market sentiment analysis tool shows “greed.”

    How is iDEGEN unique?

    What sets iDEGEN apart and a factor to its massive traction in the past month is its innovative blend of artificial intelligence and meme culture.

    The project taps into advanced AI agent technology but instead of feeding it pre-configured or knowledge, the team threw a blank slate AI to the world for training. There are no guardrails or limits to what iDEGEN can learn or become.

    Specifically, iDEGEN is degen raised, with every morsel of alpha or chaotic spew learned on X.

    Over the past month, the project has learned and posted every hour, evolving amid increased interaction with the crypto degens. Taking the community-driven approach looks to have appealed to the greater crypto market, with the explosive run to over $11 million in premarket auction a pointer to this.

    iDEGEN price prediction

    In recent weeks, ai16z, Zerebro and aixbt have rallied hard as analysts predict the sector will lead the market in 2025. This outlook makes the native iDEGEN token IDGN one to watch as it hits the market.

    Given, iDEGEN has reached over $11 million in premarket auction, hitting the milestone ahead of the token’s listing on crypto exchanges. However, the token’s value amid the dynamic pricing model has the price poised at $0.318.

    With the final value set for a 10% bump on listing debut, it could be much higher when it hits the market.

    Need to learn more about iDEGEN? Visit the official website here.

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  • MicroStrategy buys 2,138 BTC to bring stash to 446,400

    MicroStrategy buys 2,138 BTC to bring stash to 446,400

    • MicroStrategy has added to its Bitcoin holdings with another 2,138 BTC purchase
    • This is the eighth consecutive week that the US-listed company has purchased Bitcoin
    • MicroStrategy’s announcement comes a day after Michael Saylor posted the company’s BTC tracker.

    MicroStrategy, the world’s largest publicly-traded holder of Bitcoin (BTC), has announced purchase of the flagship digital asset.

    The company, whose BTC buying spree has seen it become known as a Bitcoin development company, revealed the latest purchase on Dec. 30.

    MicroStrategy buys BTC again

    In the announcement, the company disclosed its eighth consecutive week of BTC acquisition involved the scooping of 2,138 bitcoins for $209 million. The company used funds from its at-the-market share sales, which currently stands at over $6.88 billion.

    Michael Saylor, the founder and executive chairman of MicroStrategy, had posted the company’s BTC tracker on Dec. 29, leading to speculation about today’s announcement.

    For its most recent BTC acquisition, MicroStrategy spent approximately $97,837 per BTC. With this purchase, MicroStrategy has extended its lead as the world’s largest holder of Bitcoin among publicly traded companies. It now hodls 446,400 BTC, acquired for a total of $27.9 billion and at the average purchase price of $62,428 per bitcoin.

    In total, the company has seen a BTC Yield of 47.8% quarter-to-date and 74.1% year-to-date.

    Despite the buying, Bitcoin price remained negative on the daily and weekly time frames, trading around $93,114 at the time of writing. Per CoinMarketCap, BTC was down 1.8% in the past 24 hours and 2.6% in the past week.

    Meanwhile, the MicroStrategy stock, which rose sharply amid the company’s joining of the Nasdaq 100, was down 13.3% in pre-market trading. MSTR closed at $330 on Dec. 27 but hovered around $319 at 8:30 ET on Dec. 30.

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  • Saylor posts MicroStrategy’s BTC tracker: Another Buy?

    Saylor posts MicroStrategy’s BTC tracker: Another Buy?

    Das Microstrategy-Logo auf einem Smartphone
    • Michael Saylor, founder of MicroStrategy, has shared the company’s Bitcoin tracker on X.
    • The market expects an annoncement that the company has acquired another chunk of BTC.
    • Bitcoin price hovered near $94,800 at the time of Saylor’s post on Dec. 29

    MicroStrategy founder Michael Saylor has posted the company’s Bitcoin (BTC) tracker chart on X again.

    In recent months, every such post has been followed by an announcement that the world’s largest corporate holder of the flagship digital asset had acquired another haul.

    Industry experts and observers have been quick to point out that MicroStrategy is about to announce another major BTC purchase.

    Noticeably, MicroStrategy has acquired additional BTC for billions of dollars in recent months, with these following such hints. The company announced it bought 27,200 BTC worth $2.03 billion on Nov. 10; another 51,780 BTC worth $4.5 billion on Nov. 17 and $5.32 billion for 55,500 BTC on Nov. 24.  The company’s buying spree also saw it add 15,350 bitcoins in mid-December.

    MicroStrategy so far holds 444,262 BTC

    Most recently, MicroStrategy acquired 5,262 BTC for $561 million, with the acquisition announced on Dec. 23 indicating the company bought at the average purchase price of $106,662 per bitcoin. This brought the total  BTC holdings as of Dec. 22, 2024 to 444,262 BTC, which MicroStrategy has cumulatively acquired for roughly $27.7 billion since 2020.

    The average purchase price of this entire haul, its dollar cost averaging, stood at $62,257 per bitcoin at the time of writing. Per Saylor portfolio tracker, the company’s holdings stand at $42.16 billion with Bitcoin price hovering near $94,780. Overall profit is over $14.5 billion.

    Here’s Saylor’s latest post on X:

    Bitcoin traded above $94k on Dec. 29, holding above the level after bears rejected bulls’ advances near the $100k level. Earlier this month, bulls recovered from lows of $92k – having suffered the massive slump from above the all-time high of $108k.

    While BTC price has not skyrocketed amid recent MicroStrategy buys, the market is extremely bullish amid the combination of the buy pressure, spot ETFs demand and other positive catalysts. Analysts say it could rally to $150k-$200k in 2025.

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  • Bitwise files new ETF targeting firms with large Bitcoin holdings

    Bitwise files new ETF targeting firms with large Bitcoin holdings

    • The Bitwise Bitcoin Standard Corporations ETF would invest in businesses that “hold at least 1,000 Bitcoin”
    • Companies need to have a market capitalization of at least $100 million to be included in Bitwise’s proposed ETF
    • KULR Technology Group started its Bitcoin Treasury strategy with the purchase of 217.18 Bitcoin for $21 million

    Bitwise has filed a proposal with US regulators to launch a new exchange-traded fund (ETF) to invest in publicly traded companies that hold substantial Bitcoin reserves.

    Under the Bitwise Bitcoin Standard Corporations ETF, the ETF issuer would invest in businesses that “hold at least 1,000 Bitcoin in its corporate treasury,” according to a December 26 filing with the US Securities and Exchange Commission (SEC).

    To further qualify to be included in the ETF, companies need to have a market capitalization of at least $100 million, an average daily liquidity of $1 million or more, and a public free float of less than 10%.

    The proposed ETF from Bitwise would assign stock weight based on the market value of a company’s Bitcoin holdings, ensuring this is capped at 25%.

    Reaching new heights

    The news comes as Bitcoin has experienced a rise in value following the US election win of President-elect Donald Trump. At its peak, Bitcoin reached a new all-time high above $107,000 earlier this month. In a client memo in November, Bitwise’s CIO Matt Hougan said the US election was either going to be a “speed bump” or a “wind gust” for the crypto market.

    Significantly, in recent weeks, more companies have been buying Bitcoin to push up stock prices. On December 23, MicroStrategy announced on X that it now holds 444,262 Bitcoin after acquiring a further 5,262 Bitcoin for $561 million.

    In other related news, KULR Technology Group announced on December 26 that it had started its Bitcoin Treasury strategy with the purchase of 217.18 Bitcoin for $21 million.

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  • KULR launches Bitcoin treasury with $21m BTC purchase

    KULR launches Bitcoin treasury with $21m BTC purchase

    • The $21 million BTC purchase follows the KULR’s announcement on Dec. 4.
    • Other companies to launch a Bitcoin treasury strategy in recent weeks include Rumble, Marathon Digital, Semler Scientific and Thumzup.
    • MicroStrategy is the biggest corporate holder of Bitcoin with over 444k BTC

    KULR Technology Group, Inc., listed on the New York Stock Exchange, is the latest tech company to adopt Bitcoin as a treasury asset.

    A few weeks after the energy management platform announced plans to add BTC to its treasury, the company announced on Dec. 26 that it had officially begun the initiative. KULR said in a press release that its first purchase involved 217.18 bitcoin acquired for $21 million.

    KULR’s bitcoin bag was acquired at the average purchase price of $96,556.53 per BTC.

    On Dec. 4, when the publicly-listed company disclosed its Bitcoin treasury strategy, it revealed plans that included allocating up to 90% of the firm’s surplus cash to the flagship cryptocurrency.

    With sentiment extremely bullish amid the anticipation around pro-crypto Donald Trump’s administration, several companies have adopted or disclosed plans to add BTC to their treasury strategies..

    These include Rumble, Boyaa Interactive, Thumzup and BTC miner Marathon Digital.

    Metaplanet became known as ‘Asia’s MicroStrategy’ after adopting the BTC strategy to lead the Asian charge. MicroStrategy has regularly bought Bitcoin since its first purchase in 2020, and currently holds 444,262 BTC acquired for over $27 billion.

    “The $21 million of BTC purchased since the announcement is the first of ongoing purchases the Company intends to make going forward,” KURL noted in its announcement on Boxing Day. Coinbase Prime will offer custody and wallet services for KURL’s haul of BTC.

    Bitcoin traded around $95,670 at the time of writing, about 3% down in the past 24 hours.

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