News

BlockBeats News, on March 12, Metaplanet announced the establishment of two subsidiaries: Metaplanet Ventures Inc. and the US subsidiary Metaplanet Asset Management Inc. Metaplanet Ventures will focus on investing in the Japanese bitcoin ecosystem. Over the next few years, the company will invest 4 billions yen to support companies building bitcoin financial infrastructure in Japan, covering areas such as lending, settlement, custody, stablecoins, derivatives, and compliance. The company will also launch an incubator program for Japanese entrepreneurs, as well as funding initiatives for open-source developers, educators, and researchers. Japan has established the world's most advanced regulatory framework for digital assets. Metaplanet Asset Management will be established in Miami, positioned as a digital credit and bitcoin capital markets platform connecting Asian and Western capital markets. The company plans to develop yield, equity, credit, and volatility strategies. Specific products will be announced at an appropriate time. As the first investment of Metaplanet Ventures, the company intends to invest up to 400 millions yen in JPYC Co., Ltd., Japan's first registered yen stablecoin company. Bitcoin transactions always involve both bitcoin and currency. With the participation of institutional investors, the market continues to expand, and currency settlement will gradually shift towards digitalization. JPYC is laying the foundation for this transformation in Japan.

According to AiCoin data, the current BTC-ahr999 hoarding index is 0.5046, which is approaching the "bottom-buying zone." Hoarders are advised to pay close attention to changes in this index. Note: ① When <0.45, it is the bottom-buying zone; ② 0.45~1.2 is the dollar-cost averaging zone; ③ 1.2~5 is the waiting-for-takeoff zone; ④ >5 may not be a good time for dollar-cost averaging. The data is for reference only and does not constitute any investment advice.

Odaily reported that as geopolitical tensions fluctuate, cryptocurrency traders are turning to the decentralized derivatives platform Hyperliquid to trade oil-related perpetual contracts. Data shows that Hyperliquid's oil perpetual contracts recorded approximately 991 millions USD in trading volume over the past 24 hours, far surpassing similar contracts on a certain exchange platform, which saw only about 75,000 USD in trading volume. Influenced by the situation in Iran, Brent crude prices experienced significant volatility, and traders leveraged the 24-hour operation of the crypto market to conduct leveraged trades with USDC collateral during traditional market closures. Additionally, Hyperliquid uses part of its trading fees to buy back its native token HYPE, and the surge in trading activity has also driven up the price of HYPE. (Decrypt)