CRYPTOWZRD noted in a recent update on X that Chainlink ended the session with a bullish close, hinting at potential further gains ahead. However, the analyst emphasized that Bitcoin will ultimately dictate the move. Keeping a close eye on the intraday chart, the expert mentioned that an early pullback could present a scalp opportunity, as long as Bitcoin aligns with the bullish outlook. Breakout Likely With Strong Daily Candles Breaking down his latest analysis, the trader explained that LINK’s daily candle officially closed bullish, marking a key technical point in…
Tag: Firm
Watch Out For These Levels If Bitcoin Price Returns To $100K: Blockchain Firm
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
Bitcoin (BTC) Stays Firm as Trump-Musk Feud Escalates Over 2025 Budget Politics
Bitcoin held firm above $105,000 on Saturday despite an unusually combative and personal escalation in the Trump-Musk feud that could rattle traditional markets next week. On Saturday, in a phone interview with NBC News, President Trump warned that there would be “serious consequences” if Elon Musk financially backed Democratic candidates running against Republicans who support the GOP’s budget bill. “If he does, he’ll have to pay the consequences for that,” Trump said, adding later, “He’ll have to pay very serious consequences if he does that.” Trump, who has often boasted…
USDC Issuer Circle Prices NYSE IPO at $31 Per Share, Valuing Stablecoin Firm at $6.2 Billion
Circle priced its initial public offering (IPO) on Wednesday at $31 per share, above the expected range of $24 to $26. The company sold around 34 million shares in the offering for a valuation of $1.1 billion. Bloomberg pegs the total amount raised in the IPO at $6.2 billion. Circle initially planned to offer just 24 million Class A shares, with 9.6 million coming from the firm itself and the remainder from early stakeholders. But as demand soared, the offering ballooned to more than 10 times the original amount. The…
Holdings Firm Aims To Boost Its Treasury
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Blockchain Firm Veraviews Launches Fraud-Focused UAE Ad Exchange
Blockchain-powered advertising firm Veraviews has launched the UAE’s first domestically developed advertising exchange and supply-side platform. Veraviews SSP Targets UAE Ad Transparency The Dubai-based blockchain company Veraviews introduced the Ad Exchange and SSP under the United Arab Emirates (UAE) Ministry of Economy’s NextgenFDI initiative. The platform connects advertisers directly with UAE publishers to sell digital […] Source
Blockchain Firm Buys $68M in Bitcoin
Key Notes Blockchain Group bought 624 BTC for $68 million, raising its total to 1,471 BTC. The firm reports a BTC yield of 1,097.6% YTD and 47.9% QTD. Institutional interest in Bitcoin continues to rise, with firms like Metaplanet and Coinbase joining in. . Blockchain Group, a cryptocurrency firm based in Paris, has expanded its Bitcoin BTC $105 444 24h volatility: 1.2% Market cap: $2.10 T Vol. 24h: $24.41 B holdings by purchasing an additional $68 million worth of the cryptocurrency. The company joins a growing number of organizations that…
Brazilian firm Méliuz seeks $26m raise to buy more Bitcoin
Méliuz, a publicly traded fintech in Brazil, has filed for approval to raise $26.4 million that it plans to use to buy more Bitcoin. According to a report by Reuters, the company is seeking regulatory approval for an offer of 17,006,803 common shares to raise 150 million reais, or approximately $26.4 million. If the application is approved, Méliuz plans to use the proceeds to buy Bitcoin (BTC). Per the securities filing the company submitted Friday, pricing for the offering will be on June 12, 2025. While the target is $26.4…
US sanctions Philippines tech firm accused of aiding crypto scams
The US Treasury has sanctioned a Philippines-based technology firm and its alleged administrator, accusing it of providing services to thousands of crypto scam websites. Funnull Technology is linked to most crypto scam websites reported to the FBI, with victims’ losses surpassing $200 million, the Treasury’s Office of Foreign Assets Control (OFAC) said on May 29. Funnull purchases IP addresses in bulk from cloud service providers and sells them to scammers, allowing them to host and operate clones of legitimate investment platforms, to deceive victims and steal their crypto, according to…
European crypto firm K33 raises $6.2M for Bitcoin buys
Norwegian crypto brokerage firm K33 plans to join the growing number of public companies buying up Bitcoin after raising 60 million Swedish krona ($6.2 million) to buy and hold the cryptocurrency. K33 said on May 28 that it secured financing through convertible loans and a new issue of shares and warrants, which “will be used in full to acquire Bitcoin in order to establish the Bitcoin Treasury Strategy.” Warrants are zero-interest securities that investors can later convert into equity at the same price. K33 could purchase up to 57 Bitcoin…