Ethereum Foundation Converts 1,000 ETH to Stablecoins in a $4.46M Cowswap Maneuver

The post Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details appeared on BitcoinEthereumNews.com. Japan-based Bitcoin treasury company Metaplanet announced today that it has successfully completed its public offering process. Metaplanet Grows Bitcoin Treasury with $1.4 Billion IPO The company’s CEO, Simon Gerovich, stated in a post on the X platform that a large number of institutional investors participated in the process. Among the investors, mutual funds, sovereign wealth funds, and hedge funds were notable. According to Gerovich, approximately 100 institutional investors participated in roadshows held prior to the IPO. Ultimately, over 70 investors participated in Metaplanet’s capital raising. Previously disclosed information indicated that the company had raised approximately $1.4 billion through the IPO. This funding will accelerate Metaplanet’s growth plans and, in particular, allow the company to increase its balance sheet Bitcoin holdings. Gerovich emphasized that this step will propel Metaplanet to its next stage of development and strengthen the company’s global Bitcoin strategy. Metaplanet has recently become one of the leading companies in Japan in promoting digital asset adoption. The company has previously stated that it views Bitcoin as a long-term store of value. This large-scale IPO is considered a significant step in not only strengthening Metaplanet’s capital but also consolidating Japan’s role in the global crypto finance market. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/japan-based-bitcoin-treasury-company-metaplanet-completes-1-4-billion-ipo-will-it-buy-bitcoin-here-are-the-details/

The post Synthetix Launches Perpetual DEX with $1M Trading Competition appeared on BitcoinEthereumNews.com. Key Points: Synthetix launches Perp DEX with $1 million trading contest. Competition aims to stress-test new platform. Top traders are invited to participate with several rewards. Synthetix is set to launch its perpetual decentralized exchange (Perp DEX) on the Ethereum mainnet in Q4 2025, accompanied by a $1 million trading competition. The launch could boost Ethereum liquidity, attract top DeFi traders, and potentially increase the price volatility of involved tokens, including SNX and ETH. Synthetix Unveils $1M Trading Contest on Ethereum Mainnet The trading contest will attract top DeFi traders, with rewards funded by Synthetix’s treasury. Provisions for multi-collateral support will enhance the platform’s appeal, potentially increasing SNX token activity. Market response has been largely positive, particularly among developers and users on public platforms such as GitHub and Discord. Ethereum (ETH) is currently priced at $4,209.15 with a market cap of $508.06 billion. It holds 13.00% market dominance. CoinMarketCap data indicates a 0.21% price increase over 24 hours, despite a 10.54% drop in trading volume. “Synthetix is building the first high-performance perp to settle directly on Ethereum Mainnet, without the need for bridges or intermediaries. Synthetix mainnet features fast execution, low latency, and on-chain custody that leverages Ethereum’s robust security and liquidity.” – Kain Warwick, Founder, Synthetix Hybrid Model May Boost Institutional Interest in DeFi Did you know? Synthetix’s move to Ethereum Mainnet is a return to its roots, offering direct settlement without intermediaries, paralleling early on-chain derivatives attempts. The Coincu research team highlights that the hybrid model may foster institutional adoption by reducing gas costs. The competition could lead to increased SNX volatility and drive Ether-denominated TVL growth on the mainnet. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 08:35 UTC on September 23, 2025. Source: CoinMarketCap The competition could lead to increased SNX volatility and drive Ether-denominated TVL growth…

MATIC price prediction shows potential 18-39% upside to $0.45-$0.52 range if bulls break $0.58 resistance, though current technical indicators signal neutral to