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While SharpLink has become the largest publicly traded holder of Ether globally, some entities, including the Ethereum Foundation and BlackRock, are still holding more ETH. Sports betting platform SharpLink Gaming has acquired 176,271 Ether for $463 million, becoming the world’s largest publicly traded holder of ETH. In a Friday announcement, the Nasdaq-listed company said the...
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One analyst spots a bullish fractal driven by 2024-like liquidity grabs, hinting that Bitcoin may breakout toward new all-time highs. Key takeaways: Bitcoin rebounds from a 5.5% drop after the latest escalation in the Israel-Iran conflict, repeating a pattern seen in October 2024. Analysts highlight a bullish fractal involving liquidity grabs, suggesting BTC could soon...
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David Plouffe previously worked as an adviser for Alchemy Pay, Binance, former President Barack Obama’s and former Vice President Kamala Harris’ presidential campaigns. David Plouffe, who worked as an adviser on former US Vice President Kamala Harris’ 2024 presidential campaign, will be joining Coinbase’s Global Advisory Council. In a Thursday notice, Coinbase said Plouffe would...
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Under Pompliano’s leadership, ProCapBTC would reportedly seek to raise $750 million in equity and convertible debt as part of a merger with Columbus Circle Capital 1. Cryptocurrency entrepreneur Anthony Pompliano is reportedly in talks to launch a new Bitcoin-buying vehicle that will seek to raise $750 million. Pompliano is expected to become CEO of ProCapBTC,...
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Polkadot’s community is split over a proposal to convert 500,000 DOT tokens into tBTC using a year-long DCA strategy amid market volatility. A Polkadot governance proposal to convert 500,000 DOT tokens to Threshold Bitcoin (tBTC) for diversification and long-term stability has received mixed reactions from community members. While some see Bitcoin (BTC) as a hedge...
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Retail giants Walmart and Amazon are reportedly evaluating digital currencies to streamline e‑commerce and boost cross‑border transactions. Update June 13, 10:30 am UTC: This article has been updated to include a section on the GENIUS Act. Walmart and Amazon are reportedly mulling plans to issue their own US dollar-backed stablecoins for customers, signaling wider institutional...
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Bitcoin Bollinger Bands analysis leads to potentially grim conclusions about the fate of the BTC price rebound, which began at sub-$75,000 lows in April. Key points: BTC price action has rejected from the upper Bollinger Band several times since April. The metric’s creator now sees the potential for the local uptrend to end altogether. Read...
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GameStop boosted its convertible note offering to $2.25 billion, fueling its Bitcoin treasury strategy and raising speculation about future crypto investments. Video game and consumer electronics retailer GameStop increased its planned private convertible note offering to $2.25 billion, signaling a deeper commitment to building out its corporate Bitcoin treasury. GameStop upsized its private convertible note...
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KuCoin enters the Thai market with a fully licensed exchange after acquiring ERX, Thailand’s first SEC-supervised digital token platform. Cryptocurrency exchange KuCoin has launched a fully regulated local subsidiary in Thailand after acquiring an operational license from the country’s Securities and Exchange Commission (SEC). KuCoin Thailand is the company’s first fully regulated local digital asset...
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BTC price strength returns as US inflation cools beyond expectations, hitting dollar strength again — and new BTC price all-time highs are on the table. Key points: Bitcoin hits its anticipated $107,000 low before heading higher as US inflation data boosts bulls. US dollar strength suffers as inflation continues to slow beyond expectations. Read more
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