Bitcoin News in India

PANews reported on July 9 that according to Onchain Lens monitoring, a whale/institution that had been dormant for 4-6 years has recently become active again, transferring 9,000 BTC (worth $977

PANews reported on July 9 that according to the monitoring of on-chain analyst @ai_9684xtpa, the whale who opened a position of 67.98 WBTC at the low of $102,274 on June

The Russian Embassy in Washington DC has demanded that the US State Department provide Moscow with updates on Dmitry Vasiliev, the former CEO of the crypto exchange WEX. The Russian state-run news agency TASS reported that the press service of the diplomatic mission confirmed it had sent the department a formal request. The service said the embassy was “closely monitoring the situation around Dmitry Vasiliev.” It noted that Polish courts extradited the Russian citizen at the request of the US authorities.” A spokesperson said: “We have requested that information about Vasiliev’s location, health condition, and procedural status of Vasiliev be provided as soon as possible.” Russian Embassy: We Want Updates on Vasiliev The service also demanded that Russian consular officers be allowed to meet with Vasiliev under the terms of the 1964 Bilateral Consular Convention. Vasiliev and others set up WEX as a successor to the BTC-e exchange. It ceased trading in 2018. The closure left scores of customers unable to access fiat and coins worth almost $0.5 billion. The embassy said that once it receives information about Vasiliev, it would “immediately contact him and provide him with the necessary consular and legal assistance.” The Russian Embassy in Washington DC in 2020. (Source: Russian Ministry of Foreign Affairs [CC BY 4.0]) Vasiliev’s legal team at the European Court of Human Rights last month told Russian reporters that Polish officials had deported their client from Warsaw in 2024. At the time, Vasiliev was wanted in the United States. Prosecutors say he masterminded a criminal fraud and money laundering network. The lawyers said that Vasiliev was extradited to the US “as part of a criminal case involving [the former BTC-e finance chief] Alexander Vinnik.” US prosecutors accused Vinnik of laundering $4 billion to $9 billion through the now-defunct BTC-e crypto exchange. Greek police arrested him in 2017. A court then extradited him to the US in August 2022. In February this year, Vinnik was freed in a prisoner swap with the American teacher Marc Fogel. US prosecutors dropped all charges against him shortly after . Explainer: Konstantin Strukov, the Russian gold billionaire facing Russian asset seizure https://t.co/YHndecOkJE https://t.co/YHndecOkJE — Reuters World (@ReutersWorld) July 7, 2025 The legal team added that Vasiliev could face up to 25 years in prison. Prosecutors have brought two separate charges against the ex-exchange chief, the lawyers said.

PANews reported on July 8 that according to Lookonchain , 10 Bitcoin ETFs had a net inflow of 1,869 BTC (about $203 million) today, of which iShares (BlackRock) had an

Sequans Communications is swapping traditional reserves for Bitcoin, funneling $384 million in newly raised capital into BTC. The company’s CEO cites Bitcoin’s “unique properties” as the driving force behind the strategic shift. On July 8, France-based Sequans Communications announced the…

Japanese Bitcoin treasury firm Metaplanet is now looking beyond accumulation. After months of aggressive BTC buying, the company says it’s preparing to use its Bitcoin holdings as collateral to finance acquisitions. Metaplanet CEO Simon Gerovich recently told the Financial Times…

Asset manager and ETF issuer BlackRock has been steadily stacking Bitcoin, pushing its holdings to new highs. BlackRock’s iShares Bitcoin Trust (IBIT) now holds over 700,000 BTC (BTC), accounting for roughly 55% of the total Bitcoin held across all US…

Nasdaq-listed hotel franchise Murano decides to add Bitcoin to its balance sheet, joining a global trend of companies inching towards BTC. The company is also considering accepting payments in BTC. According to a recent press release, the Mexican real estate…

Japanese Bitcoin investment giant Metaplanet, which has been continuously increasing its BTC holdings, has seen a significant rise in stock trading volume in June. According to Reuters , Metaplanet’s trading volume rose to 1.86 trillion yen ($12.87 billion) in June. Tokyo Stock Exchange data shows that the numbers are nearly double the 997.6 billion yen ($6.82 billion) in May. The firm’s June trading volume surpassed that of Toyota Motor and Sony Group on the prime market, while the top spot was taken by Advantest. Further, the company has been maintaining its top position since November last year, the report added. The hotelier-turned Bitcoin acquisition company is currently the world’s fifth-largest corporate buyer of Bitcoin. Metaplanet’s Tokyo-listed shares have surged more than 345% this year, after it made a “strategic pivot” to become a Bitcoin treasury firm in 2024. ロイター報道：メタプラネット、6月の売買代金は1.86兆円でスタンダード市場首位。トヨタやソニーなどプライム市場の大型株を上回る取引規模に。 pic.twitter.com/Bv12J2BbuY — Simon Gerovich (@gerovich) July 8, 2025 Japanese Bond Market Chaos: Investors Turn to Metaplanet Due to Transparency Per Metaplanet’s website , the company now holds 15,555 Bitcoin worth $1.69 billion at press time. With Japan’s 30-year government bond prices dropping 45% since 2019, investors are increasingly looking into Metaplanet as a Bitcoin proxy, due to the instability in fixed-income markets. Analysts noted that despite the rally, the company’s market net asset value (mNAV) is reasonable and has room to grow. Additionally, Metaplanet has been transparent in providing Proof of Reserves for its Bitcoin holdings, unlike its peers. The company CEO, Simon Gerovich, has publicly released on-chain verification of the company’s BTC assets. This comes in contrast with the largest BTC corporate holder, Strategy’s CEO, Michael Saylor, who recently called on-chain proof-of-reserves a “bad idea” that could pose security threats. On Monday, Metaplanet announced a 2,205 Bitcoin acquisition , the latest purchase in its aggressive accumulation strategy. Since early 2025, the company has expanded its Bitcoin holdings from just 4,000 BTC in March to over 15,500 BTC in July, a fourfold increase in its position in just four months. Crypto Community Raise Concerns Over Corporate BTC Treasury Strategy However, there is skepticism among the community around the sustainability of the growing Bitcoin treasury trend. Matthew Sigel, head of digital asset research at VanEck, noted that BTC holding firms may have shaky ground , as rising threats might erode shareholder value. ⚠️ VanEck exec @matthew_sigel warns Bitcoin treasury strategies could backfire, as firms nearing NAV risk eroding shareholder value through continued BTC accumulation. #VanEck #BitcoinTreasury https://t.co/jEINL4NuxY — Cryptonews.com (@cryptonews) June 16, 2025 Besides, Glassnode lead analyst James Check, raised concerns over the longevity of the corporate Bitcoin treasury strategy. He argues that these firms have “a far shorter lifespan than most expect.” “It’s about how serious & sustainable your product & Strategy is to sustain the accumulation,” he wrote on X last week.

PANews reported on July 8 that according to an official announcement, ANAP Lightning Capital, a subsidiary of Japanese fashion brand ANAP, announced today that it has increased its holdings by