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Metaplanet’s Bitcoin expansion continues with $24.7 million bond offering

To increase its Bitcoin (BTC) holdings, Metaplanet, a publicly traded Japanese firm, has announced the issue of ¥3.6 billion (about $24.7 million) in ordinary bonds.

The choice is in line with the company’s strategic plan. It wants to have 10,000 Bitcoins by the end of the year.

Metaplanet’s Bitcoin bet: ¥3.6 billion in bonds for BTC expansion

On May 2, 2025, the company’s Board of Directors authorized the decision. EVO FUND will receive the 12th Series of Ordinary Bonds, each of which has a face value of ¥90 million.

When the bonds mature on October 31, 2025, they will have no interest and be redeemable for ¥100 for every ¥100 of face value.

“The proceeds raised through this issuance will be allocated to the purchase of Bitcoin,” the firm noted.

For the same reason, Metaplanet had issued ¥2 billion ($13.4 million) bonds on March 18. In the same month, Metaplanet established a Strategic Board of Advisors to further solidify its place in the global Bitcoin economy and promote adoption. Notably, Eric Trump was the first member of the Japanese business.

In addition, the business paid about $26.3 million for 319 BTC in mid-April. The company is now ranked 11th globally among corporate Bitcoin holdings, per the most recent statistics from Bitcoin Treasuries.

Metaplanet already possesses 5,000 BTC, which is half of its 2025 goal. With an average cost per Bitcoin of $85,558, its assets are currently worth $484.2 million, representing a profit of +13.1%.

Meanwhile, the company’s stock, 3350.T, has grown remarkably since it began buying Bitcoin in 2024. Yahoo Finance reports that the stock has increased in value by 1428.5% in the last 12 months. With gains of 22.9% so far this year, its performance has been as spectacular.

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Metaplanet Inc. (3350.T) Stock Performance. Source: Yahoo Finance

The biggest corporate Bitcoin holder, Strategy (previously MicroStrategy), is mirrored in Metaplanet’s Bitcoin-focused policy. According to data, Strategy is increasing the size of its Bitcoin plans by investing $42 billion in fixed income and $42 billion in equity to purchase additional BTC.

The corporation is indicating an ambitious increase of its Bitcoin holdings by aiming for a 15% dividend and a $15 billion Bitcoin gain by the end of 2025.

XRP price prediction: 71% Binance traders bullish as Eric Trump fuels Ripple-SWIFT rumour

After Eric Trump stoked the rumor that Ripple will replace SWIFT, 71% of Binance traders opened long positions in XRP, according to the price projection.

The price of XRP has been erratic this month, ranging very slightly between $2.19 and $2.25. But despite this poor performance, most Binance traders have opened long positions because they are hopeful that this cryptocurrency would rise in value since Eric Trump fueled the rumor that Ripple may replace SWIFT.

XRP price eyes gains as 71% of Binance traders go long

Today’s price of XRP is $2.21, up 0.4% over the previous day. Even if it is still flat, traders on Binance, the biggest cryptocurrency exchange, are still betting that it will continue to rise and perhaps break out over the crucial barrier level of $2.30.

Coinglass data shows that only 28% of Binance traders are short sellers, while 71% have placed long bets on Ripple. Given that most traders anticipate an upward trajectory in XRP’s price, this disparity underscores an optimistic mood towards the cryptocurrency.

XRP Price Forecast: 71% of Binance Traders Bullish as Eric Trump Fuels Ripple-SWIFT Rumour
Binance XRP Long/Short Ratio

This optimistic stance comes after Ripple’s open interest spiked to $3.75 billion. Although this could show that XRP is viewed favorably, traders should be wary of the liquidation risk associated with heavy leverage. As previously reported, XRP saw a 1000% liquidation imbalance recently following a collapse to $2.13 that prompted sell-side pressure and the termination of several long accounts.

Eric Trump fuels Ripple-SWIFT rumour causing bullish bias

Eric Trump, the son of Donald Trump, stated that cryptocurrency will take the place of SWIFT during his remarks at the Token2049 event. He went on to say that the conventional banking system, which is mostly utilized for international payments, is insufficient and “completely broken.”

His remarks coincide with widespread conjecture that the SWIFT network may be replaced by the Ripple blockchain, which might be advantageous for the price of XRP. Given that SWIFT handles $5 trillion every day, or $1.25 quadrillion yearly, such a shift may set off a parabolic rise.

Trump’s recent comments regarding cryptocurrency modernizing the SWIFT system are similar to those made by Brad Garlinghouse, CEO of Ripple, earlier this year. A price increase for XRP that might see this altcoin take over the cryptocurrency market could be supported if Ripple gains market share from SWIFT.

XRP price forecast as bullish triangle pattern emerges

The cryptocurrency is teasing a breakout from a symmetrical triangular formation, which would indicate a bullish continuation, according to the four-hour XRP price chart. Ripple will launch an 11% rally to $2.50 if it can close decisively above the $2.24 resistance level and overcome the $2.30 barrier, where the breakout has been blocked many times.

The RSI, however, indicates that a breakthrough is unlikely to occur very soon; a reading of 46 suggests that negative momentum is at work. The RSI must rise above 50 to validate a bullish trend before Ripple can overcome resistance at the triangle pattern’s top trendline.

XRP Price Forecast: 71% of Binance Traders Bullish as Eric Trump Fuels Ripple-SWIFT Rumour

This four-hour chart’s bullish thesis will be rendered ineffective if the price of XRP drops and loses the $2.15 support level. By doing this, the cryptocurrency will break out of the triangular formation in a bearish manner and begin a rapid decline below $2, thereafter a series of long liquidations will initiate an even more severe decline.

Worldcoin taps Circle’s USDC to boost global transfers, WLD price to rally?

In an effort to boost international transfers throughout the network, Worldcoin has disclosed intentions to incorporate Circle’s USDC and CCTP V2. The price of WLD increases.

With its latest ambitions to incorporate Circle’s USDC to boost international transactions, Sam Altman’s Worldcoin has once again attracted a lot of attention. The World team formally announced last Friday that the AI-powered network would soon offer USDC and Cross Chain Transfer Protocol (CCTP) V2.

This change comes after World ID was recently introduced in six major American cities. The blockchain’s native cryptocurrency, WLD, is now the focus of cryptocurrency market players’ attention due to recent initiatives that have raised hopes for future price prospects.

Worldcoin integrates Circle’s USDC: Details

Circle’s USDC and CCTP V2 will soon be accessible on World Chain, according an official Worldcoin statement made on May 2. Although customers may already be able to access bridging USDC over the network, there are plans to upgrade to directly issue the digital dollar.

From Buenos Aires to Busan, the World Network’s enormous user base has been using “Mini Apps” to access bridged USDC and transmit money without paying predatory transfer costs. All current bridging USDC stored on World Chain will now be converted to native USDC as a result of Circle’s stablecoin incorporation into the network. The goal of this approach is to give consumers coins that are fully backed by extremely liquid cash and assets that are equal to cash.

Additionally, cross-chain transfers become more economical and simple with the CCTP V2 update. The overall goal of this development is to improve user experience throughout the network and get more market attention.

However, Worldcoin has also introduced its World ID in the United States, attracting further interest in the industry. As a result of significant developments, traders and investors are closely monitoring WLD, the project’s native coin, in anticipation of a favorable price change.

The price of WLD increased by a little 0.25% to $1.04 at the time of publishing. The AI cryptocurrency’s weekly price chart showed a 12% surge. Investors’ optimism for a bull run has been maintained by this wider rising activity, and it has been further bolstered by the aforementioned factors.

This optimism is further supported WLD price forecast, which shows that bulls presently control the AI token based on the 3-month bias indicator.

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