Today's Insiders ⬇️
Metaplanet becomes 10th-largest public Bitcoin holder after $118 million buy
Cardano crosses $110 million in total transactions
CZ Proposes privacy-driven “Dark Pool” DEX to tackle front-running
Market Update
Market | Value | Day PnL | YTD |
Bitcooin | $104,078 | -0.37% | +52% |
Ethereum | $2,496 | -0.19% | -34% |
Solana | $153 | +1.07% | -7.08% |
XRP | $2.14 | -0.15% | +314% |
S&P 500 | $5,911 | -0.48% | +0.51% |
Gold | $3,355 | +2% | +27.85% |
1. Metaplanet becomes 10th-largest public Bitcoin holder after $118 million buy
Metaplanet Becomes 8th Largest Bitcoin Holder: Japanese firm Metaplanet acquired 1,088 BTC for $117.9 million, bringing its total holdings to 8,888 BTC and surpassing Galaxy Digital and Block Inc.
Institutional Confidence in Bitcoin: The purchase, made at over $100,000 per BTC, reflects growing institutional confidence in Bitcoin during the current bull market cycle.
Financial Uncertainty Fuels Adoption: Rising concerns in Japan's bond markets and global fiscal instability are driving Bitcoin adoption as an alternative asset.
Conclusion: Metaplanet has become the 8th-largest public Bitcoin holder after acquiring 1,088 BTC for $117.9 million, totaling 8,888 BTC. This purchase reflects growing institutional confidence in Bitcoin amid financial uncertainty in Japan's bond markets.
Top Crypto Insider Pick of 2025
Top presale token for 100X gain? Meet BlockchainFX (BFX)
BlockchainFX (BFX) has been gaining widespread attention for many reasons, one of which includes its potential to deliver substantial gains for early backers post-launch. However, more importantly, BlockchainFX stands out for its innovation in the global finance landscape.
Notably, BlockchainFX bridges the gap between cryptocurrency and traditional financial markets. The ‘all-in-one’ super app enables users to trade a wide range of digital assets, including cryptocurrencies, forex, commodities, indices, and stocks.
The ‘Why?’ answer: At its core, BlockchainFX aims to solve a major global financial problem inherent in trading fragmentation.
Exclusive Benefits: BlockchainFX is highly rewarding and so offers various incentives, including a custom BFX Visa Card (available only during presale) and a built-in reward system that provides daily passive income in BFX and USDT.
Price, Funding & Growth: With the native BFX token currently priced at $0.0145, the BlockchainFX presale is fast-approaching the $3M funding milestone amid surging interest.
Symbol | Current Price | Key Features |
$BFX | $0.0145 (Presale) | All-in-One Trading App, Daily Passive Staking Income |
Conclusion: BlockchainFX (BFX) is attracting massive interest due to its potential gains for early investors and its innovative all-in-one super app that bridges cryptocurrency and traditional finance. The presale is nearing a $3 million milestone, with the token currently priced at $0.0145.
2. Cardano crosses 110 million in total transactions
Cardano Surpasses 110 Million Transactions: The blockchain reached 110.09 million transactions, with nearly 22 billion ADA staked across 2,992 pools, reflecting strong community involvement and adoption.
ADA Market Struggles Amid Rising Activity: Despite increased trading volume and open interest, ADA’s price remains bearish, trading at $0.6811 and down 11% over the past week.
Ongoing Development and Integrations: Cardano's ecosystem continues to expand with updates like ADA integration in Brave’s wallet, and plans for decentralized Bitcoin rollups via zero-knowledge proofs.
Conclusion: Cardano has surpassed 110 million transactions, with nearly 22 billion ADA staked across 2,992 pools, indicating strong community engagement. However, despite ongoing developments, ADA’s price remains bearish.
3. CZ Proposes privacy-driven “Dark Pool” DEX to tackle front-running
CZ Proposes Dark Pool DEX for Perpetual Futures: Former Binance CEO Changpeng Zhao suggested a privacy-focused decentralized exchange (DEX) using dark pool mechanisms and encryption (e.g., Zero-Knowledge Proofs) to hide trade orders and prevent front-running and market manipulation.
Inspiration from Recent Trading Events: CZ’s idea may have been influenced by trader James Wynn’s high-stakes losses on Hyperliquid, where transparency allowed others to profit by exploiting his positions.
Community Buzz and Speculation: The proposal has gained support from traders who see potential in combining dark pool mechanisms with perpetual contracts, with some speculating the idea may launch on BNB Chain.
Conclusion: Former Binance CEO Changpeng Zhao proposed a privacy-focused decentralized exchange (DEX) to prevent front-running and market manipulation using dark pool mechanisms. The idea has received community support and speculation about a possible launch on the BNB Chain.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
