Biopharmaceutical company MEI Pharma, Inc. has completed a $100 million equity raise through a PIPE (Private Investment in Public Equity) deal, exclusively designating the funds to purchase Litecoin (LTC). This move establishes MEI Pharma as the first publicly traded company… Read More »MEI Pharma Stock Soars 111% After $100M Litecoin Purchase, Marks Listing First
Corporate treasury strategies are increasingly pivoting toward Ethereum as businesses seek regulated cryptocurrency exposure and yield generation opportunities. U.S. stablecoin regulations, including the GENIUS Act’s mandate for full dollar backing of stablecoins, have prompted companies to explore alternative crypto assets… Read More »Ethereum Emerges as Prime Corporate Treasury Asset Amid Regulatory Shifts and Yield Opportunities
Biopharmaceutical firm MEI Pharma has executed a $100 million private placement to acquire Litecoin (LTC) as a reserve asset, issuing approximately 29.24 million shares at $3.42 each. This strategic allocation marks a significant corporate treasury shift toward blockchain-based assets. Concurrently,… Read More »MEI Pharma Allocates $100 Million to Litecoin Reserves, Appoints Creator Charlie Lee to Board
CoinShares has secured the Markets in Crypto-Assets (MiCA) license, marking it as the first continental European crypto asset manager to attain triple regulatory approval. This landmark achievement establishes a unique compliance framework positioning the firm for accelerated growth across European… Read More »CoinShares Achieves Triple Regulatory Milestone with MiCA License, Eyes EU and US Expansion
Recent cryptocurrency market data indicates that activity from Bitcoin short-term holders (STHs), specifically movements to exchanges like Binance, may be signaling the absorption of selling pressure and a potential local bottom for BTC prices. The key indicator, a Binance inflow… Read More »Binance Inflow Ratio Suggests Potential Bitcoin Market Bottom as Selling Pressure Absorbs
Bybit cryptocurrency exchange has listed the COA token on its spot trading platform, enabling users to engage directly with the asset on the market. The announcement prompted traders to activate notifications for timely cryptocurrency updates, emphasizing the importance of staying… Read More »COA Token Launches on Bybit Spot Market Amid Reminders for Crypto News Awareness
Ethereum’s validator exit queue has surged to approximately 521,000 ETH (equivalent to $1.9 billion), requiring an 8-9 day waiting period for withdrawals—the longest delay recorded since early 2024. Concurrently, the validator entry queue has grown substantially to over 359,500 ETH… Read More »Ethereum Validator Exit Queue Hits Record 521K ETH Amid Surging Staking Activity
Bitcoin faces potential selling pressure as exchange-traded fund (ETF) outflows and investor profit realization contribute to heightened short-term correction risks after its recent rally to a new all-time high. Recent data indicates a significant shift in Bitcoin ETF flows, with… Read More »Bitcoin Correction Risks Increase Following ETF Outflows and Profit-Taking
Major US spot Bitcoin and Ethereum ETF providers, including Ark 21Shares, Fidelity, Invesco Galaxy, VanEck, and WisdomTree, are actively seeking regulatory approval to implement in-kind creations and redemptions. This change would authorize participants to directly exchange actual Bitcoin (BTC) or… Read More »Asset Managers Petition for In-Kind Transactions in US Crypto ETFs
Hilbert Group and LDA Capital have finalized a financing agreement worth SEK 150 million. The funding is designed to enhance their strategic efforts within the evolving cryptocurrency market. This partnership highlights a joint focus on addressing challenges related to financial… Read More »Hilbert Group Secures SEK 150 Million Financing with LDA Capital for Crypto Market Strategy
OpenAI’s Stargate project is scaling beyond 5 gigawatts of AI compute capacity in collaboration with Oracle, enabling operation of over two million AI chips. This infrastructure expansion aims to power advanced AI development but faces internal disputes and operational delays,… Read More »OpenAI Stargate and xAI Drive Unprecedented AI Compute Expansion Amid Challenges
PENGU has overtaken Bonk to claim the top position among Solana-based memecoins, driven by its strong association with the Pudgy Penguins NFT collection and Solana’s high-performance infrastructure. The memecoin’s market capitalization soared to approximately $2.77 billion amid a 21.3% price… Read More »PENGU Surpasses Bonk as Solana’s Leading Memecoin Amid NFT-Backed Surge
Hilbert Group and LDA Capital have finalized a 150 million Swedish kronor ($15.8 million) strategic financing agreement. The deal employs an ATM-style (at-the-market) mechanism, enabling flexible fund withdrawals by Hilbert Group over a 36-month period while providing enhanced liquidity solutions.… Read More »Hilbert Group Secures $15.8M Financing with LDA Capital to Bolster Bitcoin Reserves
A confluence of technical indicators suggests Bitcoin may be nearing a local price floor, driven by profit-taking patterns among short-term traders and a critical support level at $117,500. Recent exchange inflows predominantly originate from short-term holders (STHs), a group historically… Read More »Bitcoin Exchange Inflows and Strong Support at $117,500 Indicate Potential Local Bottom
New market analysis reveals Bitcoin faces disproportionate liquidation risks across critical price thresholds. Should Bitcoin’s value dip below $117,000, approximately $1.455 billion worth of leveraged positions face forced liquidation across exchanges, potentially creating significant downward pressure. Conversely, a decisive breakout… Read More »Bitcoin Faces $1.45B Liquidation Risk Below $117K While Bullish Breakout Poses Minimal Impact
JPMorgan Chase has entered the crypto-backed lending space, intensifying competition with decentralized finance (DeFi) platforms that offer distinct advantages like diverse collateral options and dynamic fee structures. This institutional move signals maturation in the digital asset ecosystem while positioning TradFi… Read More »JPMorgan’s Crypto Lending Entry Sparks Competition with DeFi Markets
Crypto pioneer Arthur Hayes predicts Bitcoin could surge to $250,000 and Ethereum to $10,000, driven primarily by extensive wartime deficit spending and expansive central bank liquidity policies. Hayes argues the significant fiscal expansions, particularly in defense budgets fueled by rising… Read More »Hayes Forecasts $250K Bitcoin, $10K Ethereum on War Spending and Monetary Expansion
Shiba Inu’s recent price surge has encountered significant resistance at the 200-day Exponential Moving Average (EMA), resulting in a near 3% pullback. Technical indicators point to two key support levels being crucial for its short-term trajectory: $0.0000136, which aligns with… Read More »Shiba Inu Faces Resistance at 200-Day EMA, Critical Support Levels Under Scrutiny
Bitcoin traded marginally lower on Wednesday, dipping beneath the $118,000 threshold with a modest 24-hour decline of 0.15%. The retreat occurs amidst normal market fluctuations as the asset maintains its position atop the cryptocurrency ecosystem. Despite this slight pullback, Bitcoin… Read More »Bitcoin Briefly Slides Below $118,000 Amid Minor Market Correction
The collection of NFTs created by rock legend Ozzy Osbourne, CryptoBatz, has experienced an extraordinary surge in trading activity, sparking discussion about a potential revival in the NFT market. Within 24 hours, CryptoBatz trading volume skyrocketed by 100,000%, reaching approximately… Read More »CryptoBatz NFT Trading Volume Soars 100,000% as Collector Activity Revives