Thailand SEC Explores Bitcoin ETF Listing

The local listing of bitcoin ETFs is being weighed by the Thailand SEC which would make them accessible to both individuals and institutions. Thailand Looking to Adopt Bitcoin ETFs The listing of bitcoin exchange-traded funds (ETFs) is being contemplated by Thailand’s Securities and Exchange Commission (SEC). The Secretary-General of the regulatory body, Pornanong Budsaratragoon, confirmed … Read more

Cryptoquant: Bitcoin Could Hit $250,000 in 2025

Favorable crypto policies in the U.S. along with supportive monetary conditions have been identified as triggers for bitcoin’s next big price move. Bitcoin Poised for Macro Price Peak in 2025 Bitcoin’s price is on track to achieve its next macro peak, according to the latest weekly report from onchain analytics platform Cryptoquant. The firm predicts … Read more

Bitcoin’s Correlation With Nasdaq 100 Hits Two-Year High Amid Inflation Concerns

Trading patterns in equity markets reveal that investors are bracing for increased volatility as the latest U.S. inflation report is set to be released. Bitcoin Moving in Tandem With Tech Stocks The correlation between bitcoin and U.S. technology stocks has surged to a two-year high, underscoring how the equity market’s response to the upcoming U.S. … Read more

Bitcoin Outperformed Crypto Hedge Funds in 2024

Despite having a fantastic year in 2024, crypto hedge funds could not match bitcoin’s phenomenal returns. Crypto Hedge Funds No Match for Bitcoin Hedge funds focused on cryptocurrencies delivered double-digit returns in 2024. This is according to data from Galaxy’s Visiontrack Composite Index, which measures the performance of 130 crypto-dedicated hedge funds. The hedge funds … Read more

Blackrock: Bitcoin Adoption Surpasses Internet and Mobile Phones

The adoption of crypto assets has grown quickly, drawing interest from both institutional and retail investors. Internet and Mobile Phone Adoption Outpaced by Bitcoin A recent market insights publication by Blackrock revealed that the adoption of crypto assets, especially bitcoin has outpaced the growth of the internet and mobile phones. The adoption of crypto assets … Read more

Genius Group to Expand Bitcoin Holdings With $33 Million Rights Issue

Genius Group intends to invest 100% of the proceeds from the $33 million rights issue into the acquisition of more bitcoin. Bitcoin is Genius Group’s Favorite Investment Asset Genius Group, an artificial intelligence (AI)-based educational tech company has announced a $33 million rights offering for the company’s ordinary stock with all net proceeds going toward … Read more

Sygnum Bank Raises $58 Million With Focus on Bitcoin Technology

The $58 million that Sygnum Bank has raised will be utilized to diversify its product line with a particular emphasis on Bitcoin technology. Sygnum Bank Doubles Down on Expansion Plans With New Funding Round Sygnum Bank, a digital asset banking group, has announced a strategic $58 million raise in an oversubscribed growth round. Fulgur Ventures, … Read more

Alpen Labs Raises $8.5 Million to Advance Development of Bitcoin ZK Rollup Strata

Strata will launch as an open platform that introduces easy and scalable self-custody while facilitating the use of bitcoin. New Funding to Accelerate Development of Bitcoin ZK Rollup Strata Alpen Labs, a bitcoin infrastructure company announced that it has completed an $8.5 million strategic financing led by the Cyber Fund and DBA. The biggest investors … Read more

Coinshares: Modest Net Inflows for Digital Assets With Gains for BTC, XRP, SOL and Losses for ETH

Macroeconomic events shaped the digital assets market over the past week with significant outflows. Digital Assets Investors Reacted Negatively to U.S. Fed’s Hawkish Outlook Coinshares’ weekly digital asset fund flows report revealed that digital asset investments experienced a modest inflow of $48 million last week. Although about $1 billion came in the first half of … Read more