Metaplanet Follows MSTR’s Lead, Announces $11.3M Debt Sale for Additional Bitcoin Purchases
Metplanet to issue one-year bonds to finance BTC purchases.
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Metplanet to issue one-year bonds to finance BTC purchases.
MSTR’s options market exhibited extreme upside fear or bullish speculative frenzy.
The vault has been filled in excess of an initial $100,000 target as of Asian morning hours, with $240,000 worth of stablecoins deposited for CAT on Solana, data shows.
An increase in both OI and prices typically indicates that new money is entering the market — indicative of a bullish trend.
Low-unit bias, demand on Coinbase, frenzied community trading activity and BONK’s standing within the Solana ecosystem are positioning it for more growth ahead, traders say.
The price surge is consistent with the recent bullish positioning in the options market.
The user held BTC from when it was worth $0.06 all the way up to $90,000.
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin’s price has now corrected approximately 6% since the all-time high break on Nov. 13.
Shares in Trump media experienced a similar dynamic before the recent price slide.