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Bitcoin, Technical Analysis: Bitcoin Consolidates after Yesterday’s Rally

Hump-day provided a hurdle for cryptocurrency prices, which mainly consolidated, after a strong start to February. Today’s session saw Bitcoin and Ethereum trading lower.

Bitcoin

BTC/USD followed up yesterday’s rally with a weak showing on Wednesday, falling by as much as 1. 13% as of writing.

This decline saw prices hit an intraday low of $38,271. 44, following a high of $39,115. 13 during Tuesday’s market session, which raised hopes for those targeting $40,000.

Today’s move saw BTC‘s 14-day RSI once again drop below the resistance level of 40, which it had briefly broken yesterday, hitting its highest price strength since early January in the process.

Recent consolidations in price have meant that the 10-day (red), and 15-day (blue) moving averages have moved closer in proximity, which isn’t a bad thing for bulls.

BTC/USD – Daily Chart

Looking at the chart, the 10-day is now upward facing, which increases the chances of a potential crossover, and this could be the sign that longer term bulls have been waiting for.

Despite this, we may see markets continue to consolidate prior to this cross.

Ethereum

Ethereum was one of yesterday’s big gainers, breaking out of its resistance level in the process, however those gains have somewhat slowed on Wednesday.

Following yesterday’s breakout, ETH/USD appears to have found a new resistance level of $2,800, which was the level where today’s decline began.

Similar to BTC, this move coincided with the RSI level of 44 acting as a hard ceiling to further gains in strength, leading to prices falling to an intraday low of $2,745.26.

ETH/USD – Daily Chart

As of writing, ETH/USD is trading marginally lower, falling by 0. 41% on the day, with the possibility for a decline back to support of $2,600 also a possibility.

What would need to happen for the recent strength in ETH to continue this week? Please leave your comments below.

eliman@bitcoin.com'

Eliman Dambell

Eliman has a broad perspective on market analysis. He is a former brokerage director, educator in retail trading, and commentator on Crypto, Stocks, and FX markets.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. This article is not intended to be a solicitation or offer to buy or sell any products or services. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The author and the company are not responsible for any loss or damage resulting from or in connection to the content, goods, or services discussed in this article.

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Metaplanet Inc. (3350.T) Stocks: Soar 12% as Bitcoin Holdings Near 8,000 BTC Milestone

TLDR

  • Metaplanet shares jumped 12% after buying 1,004 BTC.
  • The company now holds 7,800 BTC worth $712.5 million.
  • Metaplanet’s BTC holdings are higher than El Salvador’s.
  • BTC Yield hit 47.8%, showing strong treasury growth.
  • Bond sales and share issuance funded Bitcoin purchases.

Metaplanet Inc. shares surged 12% on the Tokyo Stock Exchange after the firm confirmed a major Bitcoin acquisition. The company revealed it purchased 1,004 BTC, increasing its total holdings to 7,800 BTC. This move lifted investor sentiment and drove the stock to its highest since February 2025.

Metaplanet Inc. (3350.T)

Bitcoin Accumulation Lifts Investor Confidence

Metaplanet’s latest purchase amounted to $104 million, with each Bitcoin acquired at an average of $97,182. Consequently, the total value of its Bitcoin treasury has now reached approximately $712.5 million. The sharp price rise came as Bitcoin crossed the $100,000 mark amid growing optimism in global financial markets.

Besides the recent acquisition, Metaplanet had earlier surpassed El Salvador’s Bitcoin holdings with a separate 1,241 BTC buy. The company bought those coins at $101,843 each, totaling nearly $129 million in value. This positioned the Tokyo-listed firm ahead of the Central American nation, which holds 6,714 BTC.

The company’s strategy to build its reserves appears deliberate and structured. CEO Simon Gerovich has stated the company’s target is to reach 10,000 BTC by year-end 2025. So far, Metaplanet has achieved 78% of this goal, indicating steady progress in line with its stated plans.

BTC Yield Growth Signals Positive Treasury Performance

The firm tracks its Bitcoin Treasury Operations using specific key indicators like BTC Yield and BTC Gain. BTC Yield reflects the percentage growth of Bitcoin held per fully diluted share over each quarter. The firm reported a BTC Yield of 47.8% from April 1 to May 19, 2025.



*Metaplanet Acquires Additional 1,004 $BTCpic.twitter.com/r86rLc7ngh

— Metaplanet Inc. (@Metaplanet_JP) May 19, 2025

Earlier, Metaplanet recorded a BTC Yield of 95.6% in Q1 2025 and 309.8% in Q4 2024. These gains help evaluate the growth in Bitcoin holdings independent of share dilution. Moreover, BTC ¥ Gain converts these results into local currency to show clearer financial impact for shareholders.

Metaplanet has used these metrics to show the effectiveness of its Bitcoin strategy. BTC Gain helps isolate real growth, while BTC ¥ Gain translates that into yen terms. This system supports transparency and aligns with U.S.-style capital market disclosures.

Capital Markets Activity Expands with New Share Issuance

To support its Bitcoin purchases, Metaplanet completed several capital market moves. On May 13, the firm issued $15 million in zero-coupon bonds to EVO FUND, maturing in November 2025. The proceeds funded early redemptions of prior bond series.

Additionally, the company completed early repayments for $25 million and $21.25 million bonds issued earlier in May. These redemptions were financed through exercised stock acquisition rights. The moves ensured that the firm maintained balance sheet flexibility while expanding its crypto reserves.

Between May 1 and May 16, the firm issued over 94 million new shares through exercised acquisition rights. The total number of issued shares stood at 593.2 million as of May 16. This expansion allowed the company to keep up with its aggressive Bitcoin treasury strategy.

CoinCentral

Yasmin Werner

Yasmin is a crypto content analyst and writer with over 2 years of experience. She has a strong understanding of the crypto market and blockchain technologies. As an avid trader who stays updated on the latest trends and news, Yasmin delivers insightful and informative content.

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Decrypting the non-traditional mining model,Earn $17,200 a day passively through cloud mining

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.


When it comes to cryptocurrency, most people think of the concept of “mining”, such as Bitcoin and Litecoin, where miners compete to solve complex mathematical problems to verify transactions. However, the XRP Mining platform takes a different approach, and the operating mechanism behind it is completely different from traditional cryptocurrency mining. Instead of relying on the traditional mining model, it uses XRP as a start-up capital to earn high passive income every day through cloud mining.

  1. The XRP Mining platform is popular with novices, and you can get a $15 free reward when you sign up

As a leader in the cloud mining platform market, the XRP Mining platform provides novices with a more convenient cloud mining service. After joining XRP Mining, you will receive a $15 registration bonus, allowing you to experience the company’s contract services for free and earn passive income every day.

XRP Mining achieves stable returns through its secure infrastructure, 100% renewable energy, and AI-based computing power optimization

  1. A variety of contract plans to choose from:

XRP Mining  platform offers a variety of contract packages to choose from, each with a unique return on investment, term and daily income.

 

Contract Name

Contract Value Contract duration Daily Profit Total net profit
New User Experience Contract $100 2Day $5 $100+$10
Avalon Miner A15-194T $500 7Day $6.1 $500+$42.7
Bitcoin Miner S21 Pro $2000 15Day $26 $2000+$390
ANTRACK & Bitcoin Miner



S19 Pro Hyd

$4500 20Day $61.2 $4500+$1224
ANTRACK & BitcoinMiner

S19 XP+ Hyd

$13000 35Day $195 $13000+$6825

For more contract plans, please log in to the XRP Mining platform official website.

You can get income the next day after purchasing the contract. When the account funds reach $100, you can choose to withdraw to your wallet or continue to purchase other contracts.

XRP Mining Platform Advantages:

1. Stable daily income, efficient returns

l Relying on the world’s leading mining pool resources and intelligent computing power scheduling mechanism, stable daily income release is achieved. Support multi-currency settlement (such as XRP, BTC, ETH, DOGE, USDC, USDT, BCH, LTC, SOL, etc.), flexibly meeting the needs of investors.

2. 0 hardware threshold, easy to get started

l No need to buy mining machines, build mining farms or perform maintenance.

l Cloud mining, you can start mining after registration, suitable for novice and professional investors.

3. Low-cost operation, better income

l The platform integrates clean energy and low-electricity mining farms to significantly reduce mining costs.

l Efficient energy utilization, maximize unit computing power returns.

4. Security and compliance, asset transparency

l Multiple security mechanisms, platform income is open and transparent.

l Encrypted transmission, hot and cold wallet separation and other technologies are used to ensure the safety of user assets.

5. Real-time income arrival, support withdrawal at any time

l Income is automatically settled daily, and users can view and withdraw at any time.

l No waiting period or complicated operation process is required.

6. Strong technical support and global community

l The professional operation and maintenance team monitors the system 24 hours a day to ensure stability.

l It has an active global community and multilingual customer service support.

Conclusion

If you are looking for ways to increase your passive income, cloud mining is an excellent option. If used correctly, these opportunities can help you grow your cryptocurrency wealth in “autopilot” mode with minimal time invested in the cloud mining industry. At the very least, they should be less time-consuming than any type of active trading. Passive income is the goal of every investor and trader, and when you join XRP Mining platform, maximizing your passive income and making money will become easier than ever

Company email: info@xrpmining.com

Company website: https://xrpmining.com

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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Strategy Hit With Class Action Over Bitcoin—Saylor Named in Lawsuit

Strategy is facing a purported class action lawsuit accusing it of misleading investors on the risks and profitability of its aggressive bitcoin strategy during a critical growth phase. Class Action Lawsuit Alleges Strategy Misled Investors on Saylor’s Bitcoin Push Software intelligence firm Microstrategy (Nasdaq: MSTR), which recently rebranded as Strategy…
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