Category Archives: crypto

Over $1.1 billion shorts obliterated as Bitcoin hits $118k

Bitcoin saw a 5% daily surge that pushed BTC to a new all-time high above $118,000. The sudden gains had shorts wiped out, with over $1.1 billion in short positions liquidated in 24 hours. A trader on HTX was liquidated for $88 million. A spark of bullish momentum has seen Bitcoin smash through the $118,000 […]

Bitcoin hits record high of $112,055; crypto stocks rally in response

Bitcoin has once again smashed through its previous records, surging past the $112,000 mark for the first time in its history to set a new all-time high on July 9. The milestone represents a significant achievement for the leading cryptocurrency as it continues to recover from the market aftershocks of US President Donald Trump’s tariff […]

Donald Trump Jr. backs social media startup aiming to become a crypto powerhouse

Trump Jr. invests $4M in crypto-focused startup Thumzup despite minimal revenue. Thumzup allocates up to 90% of liquid assets to Bitcoin and other cryptocurrencies. Eric Trump joins crypto-heavy Metaplanet; both brothers advise Dominari Securities. Donald Trump Jr. has sparked fresh interest with a $4 million stake in Thumzup Media Corp., a little-known Los Angeles startup […]

Bitcoin trades near $109K amid low conviction; Trump Media files for diversified crypto ETF

Bitcoin continues to trade in a narrow range as the Asian trading day begins on Wednesday, with the world’s largest digital asset changing hands above $108,900. This period of consolidation comes as market observers point to a lack of strong conviction, even as a new filing reveals plans from Trump Media & Technology Group to […]

DigitalX taps global crypto leaders in A$20M Bitcoin Treasury push

DigitalX secures A$20.7M in strategic funding to expand its Bitcoin treasury. Majority of funds (A$19.7M) allocated to direct Bitcoin purchases. High-profile investors include Animoca Brands, ParaFi Capital, and Metaplanet’s CEO. Australian digital asset manager DigitalX has raised A$20.7 million (US$13.5 million) in a fresh round of strategic funding, deepening its commitment to a “Bitcoin-first” approach. […]

Ethereum ascends: Institutional pivot and dormant whale moves signal a new era

Bit Digital shifts treasury from Bitcoin (BTC) to over 100K ETH. Dormant Ethereum wallets move millions after 10 years. ETH/BTC bull flag hints at a 35% breakout by August. Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalisation, is stepping into what many believe could be a transformative phase, marked by growing institutional alignment and […]

Analysis: Institutional BTC adoption is a ‘cyclical wave’, not a linear increase, says Saphira Group’s Dyment

Fund manager Jeff Dyment argues fears of fading institutional Bitcoin demand are overblown and miss the “bigger picture.” Institutional BTC buying is a “cyclical wave,” not a straight line, with 51 new corporate treasuries in H1 2025 alone. Options market data shows whales are building upside exposure, buying September $130K BTC calls. In a market […]

CoreWeave to acquire Core Scientific in a $9B all-stock deal

CoreWeave has finalised a deal to acquire Core Scientific for $9 billion. The deal adds 1.3 GW of power capacity for AI and HPC expansion. Under the agreement, CORZ holders will get 0.1235 CoreWeave shares per CORZ share. CoreWeave has finalized a landmark $9 billion all-stock acquisition of Bitcoin mining giant Core Scientific, in a […]

The Blockchain Group, Smarter Web Company and Semler Scientific buy over 500 Bitcoin on Monday

The Blockchain Group and the Smarter Web Company have increased their exposure to Bitcoin. US-based healthcare technology company Semler Scientific also reported a fresh Bitcoin purchase of 187 BTC. Earlier in the day, Metaplanet announced adding 2,204 BTC to its treasury. France-based The Blockchain Group and the United Kingdom’s Smarter Web Company have increased their […]

Bitcoin options market signals ‘summer slowdown’: Glassnode

Bitcoin has experienced a significant drop in spot and futures volumes, which signals a potential summer lull. Low volatility and thinning liquidity could see a consolidation phase with a potential pullback to $100,000. A resurgence in trading volume could push BTC above $110k and its ATH. Bitcoin (BTC) continues to hover near the psychological $110,000 […]

Elon Musk announces his ‘America Party’ will embrace Bitcoin, criticizes Trump’s fiscal bill

Elon Musk, the founder of Tesla and SpaceX, has declared that his nascent political movement, the “America Party,” will embrace Bitcoin, stating that traditional fiat currency “is hopeless.” This announcement, made on the social media platform X, comes amid a deepening public rift between Musk and President Donald Trump, primarily over the administration’s fiscal policies. […]

Celsius vs Tether lawsuit moves ahead in US court over $4 billion Bitcoin sale

Celsius claims Tether’s 2022 Bitcoin sale broke contract terms. Over 39,500 BTC were liquidated at $20,656 average price. Claims include breach of contract and fraudulent transfer. Celsius Network’s efforts to hold Tether accountable for a $4 billion Bitcoin liquidation just cleared a major hurdle in US court. A bankruptcy judge has now allowed Celsius to […]

BTC trades stably near $105.5K; institutional ETF inflows reached $2.2B last week

Bitcoin (BTC) is trading steadily above the $105,500 mark as the Asian trading day gets underway on Wednesday. This comes after a slight correction from the $107,000 level it held during US business hours. Despite the significant geopolitical upheaval of the past few weeks, including a US strike on Iran that surprised both geopolitical experts […]

Katana mainnet launch nears as pre-deposit closes with $200M in active deposits

Katana mainnet launch is around the corner after over $200 million in productive DeFi deposits. Katana’s VaultBridge and CoL mechanisms will power yield and liquidity efficiency. Katana supports cross-chain assets like SOL, XRP, and SUI on-chain. Katana, a new DeFi-centric layer-2 blockchain built on Ethereum, has people on tentacles amid its highly anticipated mainnet launch […]

Michael Saylor’s Strategy acquires $531M in Bitcoin, boosting holdings near 600,000 BTC

The average purchase price for the new acquisition was $106,801 per coin. The company has now spent approximately $42.4 billion on Bitcoin since it began accumulating the crypto. According to data from Bitcoin Treasuries, 134 public companies now hold bitcoin on their balance sheets. Michael Saylor’s Strategy, the largest public holder of Bitcoin, added 4,980 […]