Author: Kryptonews

Metaplanet CEO Simon Gerovich pushed back against accusations from what he called “anonymous accounts” that the company misled investors about its Bitcoin strategy and disclosures.Critics on X have argued that Metaplanet delayed or withheld price‑sensitive information about large Bitcoin (BTC) purchases and options trades funded with shareholder capital, obscured losses from its derivatives strategy and failed to fully disclose key terms of its BTC‑backed borrowings. In a detailed X post on Friday, Gerovich argued that Metaplanet promptly reported all Bitcoin purchases, option strategies and borrowings, and that critics were misreading its financial statements rather than uncovering misconduct.September buys and disclosuresGerovich said…

Dóra Maurer, a Hungarian conceptual artist whose output in multiple mediums explored how meaning shifts across time and space, has died at 88. The Art Newspaper reported that the Széchenyi Academy of Literature and Arts, where Maurer served as president, confirmed her passing. Maurer was one of the most important contemporary artists in Hungary. She is today best known for her works produced in the country while it was still under Soviet rule. Many of those famous works were produced in the 1970s, during a period when Maurer was producing photography and films that primarily featured the artist and her…

SOL price looks bearish on multiple chart timeframes, leading analysts to put a short-term target on $50. Will the “extreme” state of SOL’s MVRV indicator prevent another price crash?Solana’s SOL (SOL) continues to be battered by bearish headwinds since collapsing to $67 on Feb. 6. SOL is more than 72% below its all-time high of $295, and several metrics suggest that the downside may be far from over.Key takeaways:Solana’s bearish technical patterns lean toward a $50 price target.The MVRV bands suggest SOL may have bottomed, but the data point is an outlier.The spot Solana ETFs continue to attract investor interest,…

On-chain analytics firm Parsec is closing down after five years, as crypto trader flows and on-chain activity no longer resemble what they once did. “Parsec is shutting down,” the company said in an X post on Thursday, while its CEO, Will Sheehan, said the “market zigged while we zagged a few too many times.”Sheehan added that Parsec’s primary focus on decentralized finance and non-fungible tokens (NFTs) fell out of step with where the industry has now headed.“Post FTX DeFi spot lending leverage never really came back in the same way, it changed, morphed into something we understood less,” he said,…

Ripple CEO Brad Garlinghouse said he now sees a 90% chance that the long-debated Clarity Act will pass by the end of April, signaling growing confidence inside the crypto industry that U.S. lawmakers may finally deliver long-sought regulatory certainty.Speaking on Fox Business, Garlinghouse said momentum has accelerated following renewed engagement from lawmakers and the White House. He described recent meetings in Washington that included leaders from both crypto and traditional banking, suggesting political appetite to move legislation forward has strengthened after months of delays.The Clarity Act is designed to define which digital assets fall under securities laws and which would…

Solana traders are on edge. Roughly $870 million worth of SOL is set to unlock from staking, and that kind of supply does not slip into the market price quietly in these condtions.Bulls have been trying to build structure, but a sudden wave of tokens hitting circulation can shift momentum again.Now the big question is simple. Does the market absorb it, or do key support levels start to crack under the pressure?Solana (SOL)24h7d30d1yAll timeBreaking Down the NumbersAt current prices, $870 million is a big slice of daily trading volume. Solana usually expands gradually, but large unstaking waves can create sudden…

On-chain analytics firm Parsec is closing down after five years, as crypto trader flows and on-chain activity no longer resemble what they once did. “Parsec is shutting down,” the company said in an X post on Thursday, while its CEO, Will Sheehan, said the “market zigged while we zagged a few too many times.”Sheehan added that Parsec’s primary focus on decentralized finance and non-fungible tokens (NFTs) fell out of step with where the industry has now headed.“Post FTX DeFi spot lending leverage never really came back in the same way, it changed, morphed into something we understood less,” he said,…

Les Wexner, the billionaire founder of L Brands and a major art collector, gave testimony to the US House of Representatives on Wednesday, in a closed door deposition from his home in New Albany, Ohio. In an opening statement to the House Oversight Committee, which is conducting an investigation into the Jeffrey Epstein case, Wexner said he had been “naive, foolish, and gullible” for trusting Epstein. “I was naive, foolish, and gullible to put any trust in Jeffrey Epstein. He was a con man,” Wexner said in a prepared statement that was made available to media. “While I was conned,…

Simon Gerovich, CEO of Metaplanet (3350), has responded to online criticism of the Tokyo-listed bitcoin treasury company, as bitcoin is down almost 50% from its October all-time high and now trading near $67,000, while Metaplanet shares have fallen roughly 85% from their 2025 all-time high.Addressing anonymous critics, Gerovich said, “It’s easy to hide behind anonymous accounts, criticize others, and incite outrage without taking any responsibility.” Gerovich added, “I have no qualms about taking public responsibility for all my statements and Metaplanet’s actions.”匿名アカウントの裏に隠れて、何の責任も負うことなく他者を非難し、炎上させることは簡単です。しかし、私は自らの発言とメタプラネットの行動すべてに対して公の場で責任を負うことに何の抵抗もありません。そのため、寄せられている各主張に対して、直接お答えします。… https://t.co/e0ieMGq29N— Simon Gerovich (@gerovich) February 20, 2026 Metaplanet uses options, specifically selling put options and put spreads, to…

More progress was made but no compromise deal has yet emerged after a meeting hosted by the White House on Thursday to bring crypto insiders and bankers to the table again on U.S. digital assets legislation, according to crypto insiders who attended.”Today’s constructive meeting at the White House reflects the importance of focused working engagement,” said Ji Kim, the CEO of the Crypto Council for Innovation, who has been a regular participant in the talks. “The conversation built upon previous meetings to establish a framework that serves American consumers while reinforcing U.S. competitiveness,” he said, adding that there will be…