Bookmarking Crypto Insights
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On Tuesday morning, Bitmine Immersion Technologies announced a $1 billion program to repurchase its outstanding common stock. The open-ended program, approved by the board, allows Bitmine to buy shares on the open market or through negotiated transactions. Chairman Tom Lee stated the move aligns with achieving “the alchemy of 5%” of ETH, suggesting repurchases could … Read more
Rakbank has launched a crypto brokerage service through its mobile app, becoming the first conventional bank in the United Arab Emirates (UAE) to offer crypto trading for retail customers. This new service allows Rakbank customers to buy, sell, and swap cryptocurrencies via Bitpanda’s trading platform, with all transactions conducted in AED to eliminate foreign currency … Read more
Grove Finance has officially launched on the Avalanche network, targeting an initial investment of up to $250 million in real-world assets (RWAs) as part of its institutional-grade credit protocol. This initiative aims to enhance Avalanche’s institutional ecosystem by introducing new capital and partners, including Centrifuge and Janus Henderson, which manages $373 billion in assets. The … Read more
For the second time in a one-week span, the nomination of Brian Quintenz as U.S. President Donald Trump’s new Chairman of the Commodity Futures Trading Commission (CFTC) may have once again been delayed after his name was removed from the meeting agenda for the Senate Committee on Agriculture, Nutrition, and Forestry. The committee has oversight … Read more
Former Twitter CEO Jack Dorsey, who now heads Bitcoin tech firm Block, announced on Monday that his messaging app Bitchat, which communicates exclusively via Bluetooth, is now available in the Apple App Store. According to Bitchat’s whitepaper on Github, the app is “a secure, decentralized, peer-to-peer messaging app that works over Bluetooth mesh networks.” It … Read more
Sharplink has acquired an additional 77,210 Ethereum, valued at approximately $295 million, increasing its total holdings to 438,017 ETH, worth around $1.69 billion. This move follows the recent recruitment of Blackrock’s top crypto strategist, signaling a robust push into ethereum through aggressive staking and institutional-grade execution. Headquartered in Minneapolis, Minnesota, and listed on Nasdaq under … Read more
Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company, has announced the acquisition of an additional 780 bitcoin, bringing its total holdings to 17,132 BTC as part of its ongoing Bitcoin Treasury Operations. The latest purchase was made at an average price of 17,520,454 yen (about $118,270) per bitcoin, … Read more
Ledn, a leading bitcoin lender, has launched its Private Wealth program aimed at high-net-worth individuals, institutional investors, and corporations looking to leverage long-term bitcoin holdings for strategic capital. This initiative responds to a growing trend among crypto investors to borrow against bitcoin, allowing them to invest in yield-bearing opportunities while maintaining exposure to potential price … Read more
Citigroup projects bitcoin could reach $135,000 by the end of 2025 in its base-case scenario, driven by strong demand from U.S. spot bitcoin exchange-traded funds (ETFs), growing user adoption, and favorable macroeconomic trends. Citigroup’s latest report outlines a bull case of $199,000 if ETF inflows and adoption accelerate, and a bear case of $64,000 if … Read more
Tokyo Stock Exchange-listed AI solutions provider, Quantum Solutions, announced on July 23 its entry into the cryptocurrency investment business with an ambitious goal to hold up to 3,000 BTC within the next 12 months. The company justifies this move by citing the expanding global cryptocurrency market, BTC’s recognition as “digital gold,” and its growing appeal … Read more