Ethereum $ETHUSD remains locked in a volatile consolidation range, trading between $2400 and $2800, as heightened geopolitical risks stemming from the ongoing Israel-Iran conflict continue to weigh on global investor sentiment. The second-largest cryptocurrency by market capitalization has failed to sustain momentum above key resistance levels, underscoring weak risk appetite and a cautious outlook in the digital asset space.

Metaplanet Inc. $3350.T has issued bonds worth ¥33 billion ($210 million) to strengthen its Bitcoin $BTCUSD acquisition program. The Tokyo-based firm is doubling down on digital assets amid structural shifts in corporate treasury models. This move continues the accumulation strategy launched in April 2024, signaling an institutional shift toward crypto-native asset allocation. The market responded swiftly: shares of Metaplanet rose 17% after the announcement. Since January, its stock has surged over 408%, driven largely by investor anticipation of further BTC-related developments.

Trump Media & Technology Group $DJT, the parent company of the conservative-leaning social media platform Truth Social, has filed with the U.S. Securities and Exchange Commission (SEC) to launch a new cryptocurrency ETF. The proposed fund would invest in both Bitcoin (BTC) and Ethereum (ETH) — the two most valuable cryptocurrencies by market capitalization. This marks DJT’s second ETF application in under two weeks, signaling a strategic pivot toward financial products amid intensifying competition in the digital asset space.