A naukri.com initiative
Cryptography News
Zycrypto
1w
294
Image Credit: Zycrypto
Saylor’s Strategy Adds Mammoth 4,980 BTC For Over Half A Billion Dollars To Its Bitcoin Treasury
- Strategy, formerly known as MicroStrategy, added roughly half a billion in Bitcoin last week to continue its BTC accumulation.
- The company purchased 4,980 Bitcoin for $531.9 million at an average price of $106,801 per token between June 23 and 29.
- Strategy's total Bitcoin holdings now amount to 597,325 BTC valued at around $64 billion with an average purchase price of $70,982 per Bitcoin.
- The acquisition was funded through the proceeds from STRD issuance and an at-the-market share sale program. Strategy's success has influenced other companies to adopt a similar Bitcoin accumulation strategy.
Read Full Article
17 Likes
Bitcoinmagazine
1w
179
How Institutional Flows and Market Cycles Are Shifting
- Bitcoin has had flat returns this year at -0.4%, contrasting sharply with previous years.
- After hitting an ATH of $109,000, Bitcoin's price dropped to around $106,000.
- Factors like halving, government spending, and inflation are influencing Bitcoin's market cycles.
Read Full Article
10 Likes
Coindoo
1w
406
Image Credit: Coindoo
Solana ETF From REX and Osprey Set to Launch Wednesday
- A Solana ETF from REX and Osprey is set to launch on Wednesday.
- Bloomberg ETF analyst Eric Balchunas confirmed the launch timeline on social media.
- The approval of this ETF marks a change in the SEC’s stance toward unconventional fund structures.
- This launch indicates growing regulatory comfort with crypto ETFs beyond Bitcoin and Ethereum, potentially paving the way for more altcoin products.
Read Full Article
24 Likes
Bitcoinmagazine
1w
29
Are Bitcoin Treasury Companies Ponzi Schemes?
- Bitcoin treasury companies are in the spotlight, with aggressive financial engineering attempts being made.
- The article discusses how financial alchemy and speculative plays might resemble Ponzi schemes.
- Critics argue that these companies may underperform compared to simply holding Bitcoin in treasury.
- The author questions the sustainability of strategies that rely on continuous inflow of new funds.
Read Full Article
1 Like
Coindoo
1w
72
Image Credit: Coindoo
Major Bitcoin Miner to Raise $250 Million for Ethereum Treasury
- BitMine plans to raise $250 million to build an Ethereum treasury and has appointed Tom Lee as the board chair.
- The company will sell over 55 million shares at $4.50 each in a private placement to redirect proceeds into Ethereum purchases.
- High-profile investors like Founders Fund, Pantera, and Galaxy Digital are backing BitMine's funding round for the Ethereum treasury strategy.
- BitMine aims to make Ethereum its core asset and engage in staking and DeFi protocols, mirroring MicroStrategy's Bitcoin-first approach.
Read Full Article
4 Likes
Coinjournal
1w
128
Image Credit: Coinjournal
XRP price outlook as Ripple drops cross appeal
- Ripple is nearing the end of its legal battle with the SEC, leading to a refocus on XRP's utility and growth.
- XRP is showing signs of a potential breakout above $2.30 as technical pressure builds in the market.
- Ripple's legal saga seems to be heading towards a conclusion, leading to a shift in focus towards innovation and price action.
- The XRP ecosystem is experiencing growing institutional interest and developments like XRP ETF hopes and EVM tools are boosting DeFi interest.
Read Full Article
7 Likes
Coindoo
1w
236
Image Credit: Coindoo
Is Bitcoin’s Corporate Surge a Bubble in the Making?
- The number of corporations holding Bitcoin has surged by 226% since early 2024, with over 134 companies collectively holding 1.13 million BTC.
- Concerns have been raised about the sustainability of this trend, with warnings about a potential market reversal leading to a brutal impact.
- On the flip side, Bitcoin advocates argue that companies are using BTC as a store of value against inflation, with predictions that Bitcoin will play a significant role in corporate finances.
- Debate surrounds whether the institutional rise in Bitcoin holdings signifies a financial revolution or a precursor to a significant market correction.
Read Full Article
14 Likes
Cryptopotato
1w
219
Image Credit: Cryptopotato
Retail Bets Big on BTC While ETH Floods Binance – What It Means for Crypto’s Next Move
- Ethereum (ETH) deposits to Binance have been increasing for five consecutive days, while Bitcoin's Short-Term Holder (STH) Net Position Realized Cap has surged, indicating aggressive accumulation by retail traders during the ongoing rally.
- Rising short-term holder activity, often occurring near market tops, raises concerns about overheating markets, as retail buyers aggressively enter strong rallies.
- US President Donald Trump announced a comprehensive bill including sweeping tax cuts and increased military spending, potentially injecting additional disposable income into households.
- Investor sentiment in cryptocurrency markets is influenced by geopolitical tensions, increased retail buying, and macroeconomic developments, with a focus on whether these indicate a market top or a rotation into defensive assets.
Read Full Article
13 Likes
Coindoo
1w
410
Image Credit: Coindoo
OKX to Delist Multiple Trading Pairs in Liquidity and Risk Cleanup
- OKX is set to delist multiple trading pairs after a review process focusing on token performance, liquidity, and user feedback.
- Affected trading pairs, including BSV/USDT and GOG/USD, will be removed starting July 7, 2025.
- Users are advised to cancel open orders before the cutoff window on that date; unclaimed orders will be automatically canceled, and asset balances returned to fund accounts.
- Token deposits have been suspended since June 30, and withdrawals will stay open until September 30, 2025, after which users will lose access to affected tokens through the platform.
Read Full Article
24 Likes
Coindoo
1w
21
Image Credit: Coindoo
Robinhood Expands in Europe With Tokenized Stocks and Perpetual Futures
- Robinhood is expanding its offerings in Europe by introducing tokenized stocks and perpetual futures built on the Arbitrum blockchain.
- Users will now have digital exposure to major American equities such as Tesla and Apple, with the ability to receive dividends in-app, mimicking traditional stock ownership.
- CEO Vlad Tenev announced the expansion during a fintech event in Cannes, marking a shift from Robinhood's previous focus on crypto to a broader range of assets.
- In addition to tokenized stocks, Robinhood is launching perpetual futures in the EU, offering leverage up to 3x, and has introduced Ethereum and Solana staking for users in the U.S., EU, and EEA.
Read Full Article
1 Like
Bitcoinmagazine
1w
102
Vanadi Coffee Shareholders Approve €1 Billion Bitcoin Treasury Strategy
- Shareholders of Vanadi Coffee have approved a plan to invest up to €1 billion in Bitcoin as part of a new strategy to manage the company’s finances.
- Vanadi Coffee purchased an additional 20 Bitcoin this month, bringing their total Bitcoin holdings to 54 BTC, with a value of approximately €5.8 million.
- Vanadi Coffee has become one of the first publicly listed companies in Spain to adopt Bitcoin as its primary treasury asset, leading to a significant increase in its stock value on BME Growth.
- The company is pivoting sharply to Bitcoin after reporting losses in 2024, with pending investment proposals that may help finance their Bitcoin accumulation.
Read Full Article
6 Likes
Coindoo
1w
38
Image Credit: Coindoo
Top-Performing Cryptos Today: BlockDAG, ALGO, CRO, & XLM in Focus
- BlockDAG stands out as one of the top-performing cryptos today, rewarding early engagement with its testnet-linked reward system.
- Cronos (CRO) remains steady in the market with its utility coin supporting smart contracts and payments integration on the Crypto.com platform.
- Algorand (ALGO) excels in speed and reliability, appealing to those seeking stability and trusted use for digital identity projects.
- Stellar (XLM) focuses on low-cost cross-border transfers, showcasing real-world utility through partnerships in emerging markets.
Read Full Article
2 Likes
Coinjournal
1w
419
Image Credit: Coinjournal
Solana price prediction as it forms a major bullish pattern
- Solana (SOL) shows bullish flag pattern with potential breakout above resistance.
- REX Shares' Solana staking ETF filing and 1inch integration boost fundamentals.
- Short squeeze and volume surge indicate strong market momentum for Solana.
- Price near $160 resistance, with potential targets at $184 and optimistic long-term projections.
Read Full Article
25 Likes
Coindoo
1w
252
Image Credit: Coindoo
Michael Saylor Outlines How Bitcoin Treasury Firms Could Reshape Capital Markets
- Michael Saylor discussed how firms can rapidly accumulate Bitcoin by converting credit and equity directly into the cryptocurrency, bypassing traditional growth cycles.
- Public companies can leverage mechanisms like issuing convertible debt or equity to quickly scale their Bitcoin holdings, unlike retail investors.
- The emerging trend of Bitcoin treasury strategies has gained traction, with notable figures like Coinbase CEO Brian Armstrong and Trump Media showing interest.
- Saylor highlighted that companies entering this space are evaluated based on their ability to acquire and hold Bitcoin, revolutionizing traditional valuation models in the capital markets.
Read Full Article
15 Likes
Coinjournal
1w
111
Image Credit: Coinjournal
Shiba Inu price forecast as whales accumulate 10.4 trillion SHIB tokens
- Whales have accumulated 10.4 trillion Shiba Inu (SHIB) tokens during a market recovery, indicating a potential shift in sentiment among large holders.
- Shiba Inu has shown positive signs, including the formation of an inside-week candle and a breakout on high volume, with the next target price at $0.00002.
- Technical indicators suggest a bullish outlook for SHIB, with the emergence of key chart patterns, increasing trading volume, and a return to profitability for many traders.
- Analysts point to the possibility of SHIB breaking above key resistance levels, potentially leading to a rally towards $0.000025, while closely watching support levels around $0.00001000 for further price movements.
Read Full Article
6 Likes
For uninterrupted reading, download the app