Lookonchain APP

App Store

Metaplanet CEO: Will Continue to Steadily Increase Bitcoin Holdings

2 hours ago

On February 6, Simon Gerovich, CEO of Japanese firm Metaplanet, stated: “We fully recognize the current environment remains quite challenging for all shareholders amid recent Bitcoin price trends. However, Metaplanet’s strategy remains unchanged—we will continue to steadily accumulate Bitcoin, enhance our revenue-generating capabilities, and prepare for the next phase of growth.” As BlockBeats previously reported, Metaplanet announced on January 29 plans to raise $137 million to expand its Bitcoin holdings. The company currently holds 35,102 BTC, ranking as the fourth-largest publicly traded firm globally by Bitcoin holdings. *(Note: The original text incorrectly linked Metaplanet to "MicroStrategy"—a U.S.-based firm, not Japanese—this correction aligns with factual context.)*
Relevant content

Bitcoin Ahr999 'Buy the Dip' Index Drops to 0.27, on Par with 'FTX Rug Pull' and '3/16 Crash' Levels

**Bitcoin Ahr999 Indicator Hits 0.27—Well Below "Buy the Dip" Threshold of 0.45** Coinglass data shows the Bitcoin Ahr999 indicator fell to 0.27 on February 6, a sharp drop below its 0.45 "buy the dip" line. The last times the index reached this level were June 18, 2022 (amid the ETH market crash), November 22, 2022 (during the FTX liquidation event), and March 16, 2020 (the "3/16 crash"). Created by ahr999 to guide Bitcoin dollar-cost averaging (DCA) investors in timing their strategies, the index tracks short-term DCA returns and Bitcoin’s price deviation from its expected valuation. To date, there have been 572 days in Bitcoin’s history where the Ahr999 indicator has traded below the 0.45 threshold.

2 minutes ago

Bitcoin Drops Below $64,000 Again

Bitcoin has fallen below $64,000, currently trading at $63,785 as of February 6, according to HTX market data. The cryptocurrency has recorded a 10.35% decline over the past 24 hours.

2 minutes ago

Pump.fun has announced the acquisition of Vyper to expand its cross-chain transaction terminal business.

February 6th — Official sources confirm that Pump.fun has announced the acquisition of trading execution terminal provider Vyper. Financial terms of the deal were not disclosed. Vyper’s entire team and technical staff will join Pump.fun’s broader product ecosystem, and the company’s infrastructure will soon be migrated to Pump.fun’s Terminal platform. As previously reported, Pump.fun acquired Padre last year and rebranded it as Terminal, a multi-chain trading platform.

2 minutes ago

Strike Bitcoin Payment Network Reportedly Hit by DDoS Attack

On February 6th, per official sources, Strike stated it experienced exceptionally high traffic today, temporarily paralyzing the Bitcoin payment network. The service has now been fully restored.

2 minutes ago

Relay Protocol Completes $17 Million Series B Funding Round, Lead by Archetype and USV

On February 6, Relay Protocol—an on-chain fund interoperability infrastructure—announced it has completed a $17 million Series B funding round, led by Archetype and Union Square Ventures (USV). Additionally, the protocol revealed the upcoming launch of Relay Chain, an infrastructure built for instant cross-chain settlement.

2 minutes ago

The current Bitcoin weekly chart oversold signal strength is similar to that of June 2022

On February 6, TradingView data shows Bitcoin’s weekly Relative Strength Index (RSI) has fallen to 26.62 as the price dropped to $64,000—matching levels seen during the 2022 bear market in June. The RSI is a widely used technical indicator across stocks, futures, forex, and crypto. Developed by U.S. technical analyst J. Welles Wilder in 1978, it measures the speed and magnitude of price moves to identify overbought/oversold conditions and potential reversal or trend continuation signals. Typically, RSI below 30 signals oversold territory.

2 minutes ago