Metaplanet CEO Denies Selling Bitcoin, Confirms 43,000 BTC Holdings

·1 views

Japanese investment firm Metaplanet has pushed back against circulating rumors that it sold a significant portion of its Bitcoin reserves. CEO Simon Gerovich publicly dismissed the claims, confirming the company still holds 43,000 BTC. The denial came in response to speculation that Metaplanet had offloaded Bitcoin worth approximately $320 million. The company's statement was aimed at reassuring investors and the broader crypto community about its continued commitment to its Bitcoin strategy.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Crypto firms urge AI labs to lift security research restrictions on frontier models

Major cryptocurrency companies including Coinbase, Block, and BitGo have jointly signed an open letter addressed to leading AI laboratories. The firms argue that safety guardrails built into frontier AI models are preventing legitimate cybersecurity research and analysis. Their core concern is that malicious actors face no such restrictions, creating an asymmetry that puts defenders at a disadvantage. The signatories are requesting access to the same AI capabilities that attackers can already exploit freely. The letter was backed by dozens of companies across the crypto and blockchain security sector.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Dogecoin Futures Speculation Surges Despite 70% Price Drop From Peak

Speculative interest in dogecoin has returned to levels last seen in October 2025, when the cryptocurrency traded at roughly three times its current price. Futures positioning has rebuilt significantly even as dogecoin's value remains down approximately 70% from those earlier highs. Bullish bets are heavily outpacing bearish ones, with more than three long positions for every short position in the market. This divergence suggests traders are anticipating a price rebound despite the steep decline in dogecoin's actual market value.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Bitcoin hovers near $63,500 as CPI data fails to spark rally

Bitcoin traded near $63,500 after the latest U.S. Consumer Price Index report came in broadly in line with expectations. While the on-target inflation print eliminated a significant downside risk for markets, it provided little fresh momentum for a Bitcoin price surge. Traders are now shifting their attention to upcoming economic events as the next potential market movers. Key catalysts on the horizon include the Federal Reserve's Jackson Hole symposium, fresh employment data, and the next CPI release.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

CFTC Warns Prediction Markets Over Faulty Filings and Market Abuse Risks

The U.S. Commodity Futures Trading Commission (CFTC) has raised concerns about compliance practices among prediction market platforms such as Kalshi and Polymarket. The regulator indicated that these platforms are developing problematic habits in their regulatory filings. According to the CFTC, these compliance shortcomings could create incentives that artificially boost trading activity. The agency warned that such practices may open the door to potential market abuse. The CFTC's remarks signal increased regulatory scrutiny over the fast-growing prediction markets industry.

0 comments Read more at CoinDesk