Bookmarking Crypto Insights
Auto Added by WPeMatico
Crypto funds reached historic highs in May, with total assets under management climbing to $167 billion—driven by $7.05 billion in net inflows, the largest since December. As investors react to softening trade tensions and seek protection from U.S. market instability, bitcoin has emerged as both a hedge and performance leader, gaining over 15% in three … Read more
Bernstein reaffirmed its $200,000 Bitcoin price forecast, labeling it “high-conviction but conservative,” based on accelerating institutional investment and structural market evolution. The firm cites the success of spot bitcoin ETFs, which now manage approximately $120 billion in assets, as validation of BTC’s role as a mainstream macro asset. This institutionalization is viewed as a foundational … Read more
KULR Technology Group Inc. acquired 118.6 bitcoin for approximately $13 million, increasing its corporate treasury holdings. The purchase price averaged roughly $107,861 per bitcoin, the company stated Monday. This brings KULR’s total bitcoin holdings to 920 BTC. Those 920 BTC represent a total investment of about $91 million, acquired at an average price of $98,760 … Read more
Avalon Labs has permanently burned 80 million AVL tokens, accounting for 44% of the circulating supply. According to an X post, the tokens, worth approximately $16 million, were unclaimed from the platform’s March 2024 airdrop campaign, which saw $20 million worth of AVL claimed by over 100,000 users. This major burn marks the start of … Read more
Tether CEO Paolo Ardoino announced that the company will work towards open-sourcing its Bitcoin Mining Operating System (MOS), aiming to enable a new wave of bitcoin mining companies to enter the market and enhance network security. The MOS is designed to create a level playing field by reducing the reliance on third-party hosted software, thereby … Read more
The Blockchain Group (Euronext Paris: ALTBG) has announced the launch of a $343 million (€300 million) “ATM-type” capital increases program in partnership with TOBAM, a leading asset management firm and strategic investor. This program, inspired by the U.S. “At The Market” (ATM) offering structure, is designed to accelerate the company’s Bitcoin Treasury strategy by increasing … Read more
The Central African Republic (CAR) is set to launch a new platform allowing global investors to purchase tokenized land concessions using the CAR token on Solana. President Faustin-Archange Touadéra stated that these land parcels are cleared, registered, subdivided, and connected by roads, making them ready for agriculture or construction. However, these initial offerings do not … Read more
The U.S. Department of Justice (DOJ) has seized 145 domains and cryptocurrency funds tied to the BidenCash identity theft marketplace, a dark web platform that trafficked in stolen payment card data and personal information. Operational since March 2022, BidenCash facilitated the sale of more than 15 million compromised records, serving over 117,000 users and generating … Read more
Cryptocurrency exchange Gemini has taken a major step toward going public after submitting a document to kick-start the initial public offering (IPO) process. According to a June 6 statement, the company has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC). While details such as the number … Read more
On Tuesday, the National Bank of Kazakhstan announced the launch of one of its digital assets integration projects, the implementation of crypto cards. These cards, which allow users to complete non-cash purchases, are linked to wallets containing cryptocurrency that can be liquidated at the time of a transaction, allowing merchants to receive money after the … Read more