Nasdaq-listed healthcare technology company, Semler Scientific, has outlined a bold multi-year plan to significantly expand its Bitcoin holdings. The company aims to hold 10,000 BTC by the end of 2025 as an initial milestone. Building on this, it plans to increase its holdings to 42,000 BTC by the end of 2026. By the close of […]
Bitcoin network activity shows a decline in transactions but a rise in settlement volume, “pointing to increased usage by large entities,” reported Glassnode on June 19. It added that a “clear divergence” has emerged between market valuation and network activity, indicating that large institutions are becoming more dominant in network activity. Daily Bitcoin transactions have […]
Hong Kong-based DDC Enterprise has announced it has entered into three securities purchase agreements that could generate up to $528 million in gross proceeds, excluding placement agent fees and offering expenses. The capital raise features participation from institutional investors, including Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, and a network of prominent Bitcoin investors. […]
AI-powered education group Genius Group has boosted its Bitcoin holdings by more than 50% in a renewed show of confidence in the digital asset. The company disclosed that it increased its corporate Bitcoin treasury from 66 BTC to 100 BTC, an addition of 34 BTC worth approximately $3.42 million, which brings the total value of […]
Bitcoin has kicked off the week on a strong note as it trades above $107K, while recovering from the Israel-Iran sell-off. Interestingly, both retail investors and whales appear to be firmly holding their positions. In fact, Bitcoin inflows to Binance from both the whale and retail cohorts have dropped to their lowest levels since the […]
Crypto markets have been relatively quiet over the weekend as assets have stabilized following their $200 billion dump on Friday when Israel attacked Iran. Last week, the consumer sentiment index rebounded in its first improvement in six months, while cooler-than-expected consumer and producer inflation reports (CPI and PPI) lifted investor spirits. However, Friday’s escalation of […]
Bitcoin (BTC) is once again testing the nerves of traders worldwide, hovering just above $105,000 today as forecasts split the crypto community in half. Will the king cryptocurrency explode to $175,000 this cycle, or nosedive to under $80,000 if fear grips the market? The $175K Dream On the bullish side, pseudonymous chart-watcher Egrag Crypto supercharged […]
Reports have emerged about a hours-long phone conversation between the heads of state of the US and Russia, where topics ranged from the growing tension in the Middle East to Donald Trump’s birthday. According to some publications, the POTUS described the Israel-Iran situation as “very alarming,” as there’s no closure in sight. BREAKING: President Trump […]
Bitcoin, Ethereum Hit Hard by Geopolitical Tensions: Binance Funding Rates Signal Deep Bearish Shift
In the early hours of Friday, June 13th, the cryptocurrency market faced intense downward pressure following a surprise military strike by Israel on Iran. The geopolitical shock sent global risk assets tumbling, with Ethereum (ETH) experiencing a sharp drop below the crucial $2,600 support level. Geopolitical Shock According to the latest analysis shared by CryptoQuant, […]
More than $190 billion has exited crypto markets over the past 12 hours, sending total capitalization tumbling over 7% to $3.36 trillion. The crypto crash followed news reports that Israel had launched a missile attack on Iranian nuclear sites in a pre-emptive strike. Israel has declared a state of emergency, saying the country expected counter-attacks […]