Amsterdam-based Amdax is taking a significant step in the cryptocurrency sector by launching AMBTS, a dedicated Bitcoin treasury program. With an initial funding of $23 million, the company aims to create a European-focused treasury platform and acquire approximately 1% of Bitcoin’s total supply. Key Highlights AMBTS: A New Approach to Corporate Bitcoin Holdings On August … Read more
Bitcoin (BTC) is showing signs of stability after a volatile weekend marked by a whale-driven sell-off. Following Sunday’s sudden dip below $110,000, BTC has recovered to trade around $111K–$112K. Traders and investors are now asking whether Bitcoin price prediction points toward a rebound to $120,000. Current BTC Market Overview Bitcoin is trading near $109,755 after … Read more
Luxury watch retailer Top Win has made history by becoming Taiwan’s first Bitcoin treasury company, securing $10 million to invest directly in Bitcoin. Key Highlights Top Win’s Bitcoin Move In a press release dated August 15, Top Win International Limited, listed on Nasdaq under the ticker SORA, announced the successful raise. The company said this … Read more
Metaplanet has once again increased its Bitcoin portfolio, showing no signs of slowing down in its aggressive accumulation strategy. The company continues to double down on Bitcoin, adding more coins to its reserves and reaffirming its long-term commitment. Key Highlights Latest Acquisition Boosts Holdings The latest acquisition has contributed to a year-to-date BTC yield of … Read more
U.S. spot Ethereum ETFs saw a setback on August 15, recording $59.34 million in net outflows. This ended an eight-day streak of strong inflows that had earlier brought in $3.7 billion. The pause comes as Ethereum price pulled back from near all-time highs, now trading around $4,450. According to SoSoValue data, BlackRock’s ETHA was the … Read more
BlackRock CEO Larry Fink was appointed interim co-chair of the WEF board, signaling a potential shift toward Bitcoin and crypto adoption at global policy levels. Summary Bitcoin (BTC) could soon have an influential voice on one of the world’s most powerful financial platforms. On August 15, Larry Fink, CEO of BlackRock and widely recognized as … Read more
DeFi Development Corp has significantly expanded its Solana (SOL) treasury, acquiring an additional 110,000 SOL worth approximately $22 million. This strategic purchase pushes the company’s total holdings to 1,420,173 SOL, now valued at around $273 million. The acquisition, announced on August 15, also drove the firm’s Solana per share metric up by 9% to 0.0675 … Read more
BtcTurk’s $48M hack compounds crypto’s bleak summer of security failures, marking yet another blow to the already shaken digital asset industry. As cyberattacks on crypto exchanges surge, July’s staggering $142 million in theft has now been joined by this latest breach—pushing summer losses close to $200 million. BtcTurk Hit by Multi-Chain Exploit As Turkey’s oldest … Read more
XYO crypto is set to make its debut on Kraken Exchange, adding to its growing portfolio of top-tier centralized exchange listings. The move follows the project’s strong financial performance in 2024, with reported revenue of $8.8 million, and marks another milestone in its mission to bring real-world data to blockchain. Kraken Listing Expected to Boost … Read more
U.S. stocks climbed higher on Wednesday, extending their winning streak as the S&P 500 and Nasdaq surged to fresh record highs. Investor optimism is being fueled by expectations that the Federal Reserve will cut interest rates in September, while the cryptocurrency market also sees a strong rally led by top altcoins. Key Highlights Wall Street … Read more
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