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Bitcoin Market Stabilizes: On-Chain Indicators Show Cooling of Speculation

Bitcoin Market Stabilizes: On-Chain Indicators Show Cooling of Speculation

Recent on-chain data suggests a significant correction in the Bitcoin market, with key indicators like MVRV ratio, SOPR, and the Sell-Side Risk Ratio returning to more stable levels. A Glassnode report highlights this reset, indicating a reduction in speculative activity and a broader market adjustment. This suggests the removal of excessive speculation and a move towards equilibrium.

Metaplanet Expands Bitcoin Investment with US Subsidiary

Metaplanet Expands Bitcoin Investment with US Subsidiary

Japanese Bitcoin investment firm Metaplanet is expanding its global presence by entering the US market. They’ve launched Metaplanet Treasury Corp., a Florida-based subsidiary, aiming to deepen their involvement in the Bitcoin ecosystem. This move is a strategic step to further their growth and signals their commitment to the cryptocurrency market, potentially attracting a significant investment boost.

Worldcoin Launches US Identity Platform, Partners with Visa & Tinder

Worldcoin Launches US Identity Platform, Partners with Visa & Tinder

Worldcoin has launched its identity verification platform in the US, allowing users to obtain a World ID through dedicated centers in six cities. The blockchain-based project aims to confirm users’ humanity. The platform’s expansion includes partnerships with Visa and Tinder, suggesting potential integration with financial services and social platforms. The project seeks to broaden the adoption of digital identity solutions within various sectors.

Robinhood's Crypto Revenue Surges as Retail Traders Return

Robinhood’s Crypto Revenue Surges as Retail Traders Return

Robinhood’s Q1 results show a significant comeback for retail crypto trading. Crypto-related revenue doubled year-over-year, reaching $252 million and contributing significantly to a 77% rise in overall transaction revenue. This surge highlights the increasing importance of individual investors and renewed engagement in the cryptocurrency market, driving Robinhood’s strongest quarter.