A fresh wave of profit-taking from newly emerged Bitcoin whales has marked the third major distribution event of this bull run, according to CryptoQuant.

New whales trigger Bitcoin’s third profit-taking wave of current cycle

Tokyo-listed Metaplanet Inc. announced Friday it has filed a shelf 
registration statement to potentially issue up to ¥555 billion ($3.7 billion) 
worth of perpetual preferred shares, aiming to fund its strategy of acquiring 
more bitcoin. The move is part of the company’s ambitious “Bitcoin Plan,” 
targeting the accumulation of 210,000 bitcoin between 2025 and 2027. […]

Metaplanet Files $3.7B Shelf Registration to Fund More Bitcoin Buys

Bitcoin bulls are struggling to keep the market off new three-week lows 
despite a potential tailwinds coming from the US labor market.

Bitcoin rejects at $116K despite US jobs win as Fed rate cut bets pass 75%

Bitcoin and most altcoins are declining today, August 1, as the recent crypto 
crash continues. Bitcoin (BTC) price dropped briefly below $115,000, 
continuing a downtrend that started on July 14 when it peaked at $123,000. 
Some of the top laggards…

Crypto crash: why are altcoins going down today? (08/01)

After banning retail access to crypto ETNs and derivatives in 2021, the FCA 
has reversed its approach in favor of ETN access for retail.

UK regulator lifts ban on crypto ETNs for retail investors

U.S. stocks shed gains on Friday, with renewed trade war jitters and weak jobs 
data spooking investors and sending the Dow Jones Industrial Average down 500 
points. The Dow Jones Industrial Average dropped more than 500 points, while 
the S&amp;P…