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 […]
Strategy co-founder Michael Saylor met with Pakistani officials, including State Minister on Blockchain Bilal Bin Saqib and Finance Minister Muhammad Aurangzeb, according to a June 15 Dawn News report. Saylor praised Pakistan’s progressive approach to cryptocurrency adoption and urged the country to consider Bitcoin as a sovereign reserve asset for monetary resilience. “Bitcoin is 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, […]
Around 28,000 Bitcoin options contracts will expire on Friday, June 13, and they have a notional value of roughly $3 billion. This event is very similar to last week’s options expiry, so the impact on spot markets is likely to be minimal. They have already tanked by more than 7% over the past 24 hours. […]
With Bitcoin teasing its all-time high over the past couple of days, “retail has gotten bullish,” reported blockchain analytics firm Santiment on June 11. Analysts at the firm reported that there are more than double the number of positive Bitcoin comments versus negative across social media, which is a signal of growing retail interest. This […]