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Bitcoin Hovers Around $119K, Ether Stays Below $3900

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Bitcoin Hovers Around $119K, Ether Stays Below $3900

Metaplanet Adds 780 Bitcoin, Total Holdings 17,132 BTC.

Metaplanet, Asia’s largest public Bitcoin holder, has added 780 Bitcoin worth $92.5 million to its holdings, bringing the total to 17,132 BTC valued at approximately $1.73 billion. The latest purchase was made at an average price of $118,622 per Bitcoin.

CEO Simon Gerovich stated that the firm’s Bitcoin holdings have delivered a year-to-date yield of 449.7%. Metaplanet now ranks as the 7th largest public BTC holder, positioning itself as a strong competitor to Michael Saylor’s Strategy.

SharpLink Buys $295M In ETH, Surpasses Monthly Ether Issuance.

SharpLink Gaming has purchased 77,210 ETH worth $295 million, outpacing the entire net Ether issued last month.

The company now holds over 438,000 ETH, valued at $1.69 billion, making it the second-largest corporate Ether holder after BitMine Immersion Technologies.

Most of the ETH has been staked for rewards. SharpLink is also expanding its ETH-focused strategy by filing to raise its stock sale limit to $6 billion, with a majority of proceeds allocated for further Ether purchases.

CZ’s BNB Holdings Soar To $75.8B As Token Hits New Highs.

Binance co-founder Changpeng “CZ” Zhao’s estimated BNB holdings have surged to $75.8 billion, following BNB’s new all-time high of $850.70.

A June 2024 Forbes report claims CZ holds 64% of BNB’s circulating supply — around 89.1 million tokens. With 98% of his portfolio in BNB, CZ’s crypto wealth now surpasses many traditional billionaires, placing him at No. 23 on Forbes’ richest list.

Analysts credit the token’s price spike to whale activity, network growth, and BNB’s ongoing token burns.

NFT Sales Surge 41% To $221M As CryptoPunks Jump Nearly 590%.

NFT sales skyrocketed 41% to $221.5 million, marking the best weekly performance in months.

Ethereum led the boom, and CryptoPunks took the top spot with a 590% sales jump to $33.7 million. Buyer numbers soared 163% to 466,370, while sellers rose 158%. Despite a slight drop in transactions, blockchain interest climbed across Solana, BNB, and Bitcoin.

Other top collections included Pudgy Penguins and Bored Ape Yacht Club, signaling a strong resurgence of blue-chip NFTs in the growing crypto market.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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