Tag: Firm

U.S. Capital Group takes largest stake in Bitcoin treasury firm Metaplanet

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Institutional capital is making a bold entry into Bitcoin treasuries with one of America’s investment giants, Capital Group, taking center stage in Metaplanet. Summary Capital Group acquires an 11.45% stake in Bitcoin-focused Metaplanet, valued near $500 million. Metaplanet has continued to boost its Bitcoin, now holding about 26,000 BTC after buying 5,419 BTC recently. Capital Group has been expanding its crypto exposure via equity stakes while avoiding direct Bitcoin holdings. Capital Group has taken an 11.45% stake in Japanese Bitcoin treasury firm Metaplanet, becoming its largest shareholder. The Tokyo-based company…

Ethereum Thesis From Tom Lee Is ‘Retarded’: VC Firm Boss

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Mechanism Capital co-founder Andrew Kang escalated his critique of Tom Lee’s latest Ethereum investment case with an unusually blunt tirade on X, interlacing his rebuttal with a series of sharply worded assertions and data-driven claims. “Tom Lee’s ETH thesis is one of the most retarded combinations of financially illiterate arguments I’ve seen from a well known analyst in a while,” Kang wrote, before listing five pillars he says underpin Lee’s view: “(1) Stablecoin & RWA adoption; (2) Digital oil comparison; (3) Institutions will buy and stake ETH; (4) ETH will…

Fitell Becomes Australia’s First Solana Treasury Firm With $10M Buy

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Australian fitness equipment maker Fitell fell 21% on Wednesday after announcing it bought more than 46,000 Solana (SOL) for around $10 million. The Nasdaq-listed company closed Wednesday’s trading session at $6.65, only making a mere increase of 0.15% and closed the after-hours session at $6.66, according to Google Finance. Shares of Fitell dropped to $6.65 at the end of Wednesday’s trading session. Source: Google Finance. Fitell is now at least the fifth company this week that has seemingly disappointed its shareholders with crypto buying.  Earlier this week, shares of Medical…

Nasdaq Firm Targets $500M SOL Reserve As Corporate Crypto Treasuries Boom

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Corporate cryptocurrency treasuries continued their growth trajectory this week, as publicly listed US companies continued announcing plans to raise hundreds of millions for altcoin treasury reserves. On Monday, Nasdaq-listed Helius Medical Technologies announced the launch of a $500 million corporate treasury initiative built around the Solana token (SOL), signaling more corporate crypto adoption. A day later, Standard Chartered’s venture arm, SC Ventures, announced plans to raise $250 million in capital for a digital asset investment fund, set to launch in 2026 and backed by Middle East investors with a focus…

Chinese Bitcoin Firm Targets $500 Million Stock Sale For BTC

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China’s largest corporate Bitcoin treasury firm, Next Technology Holding, says it is looking to sell up to $500 million of its common stock to buy more Bitcoin and for other purposes. “We intend to use the net proceeds from the sale of any securities offered under this prospectus for general corporate purposes, including, but not limited to, the acquisition of Bitcoin,” the software company said in a filing to the US securities regulator on Monday.  Next Technology currently holds 5,833 Bitcoin worth $671.8 million — making it the 15th largest…

Top Firm Predicts No Surge For XRP Despite Anticipated October Spot ETF Approval

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As the altcoin market experiences a resurgence, XRP has struggled to gain momentum, consolidating between $2.70 and $3 for the past two weeks.  Despite the excitement surrounding potential exchange-traded funds (ETFs) that could invest in the altcoin if approved, The Motley Fool has cautioned that the current market correction may persist longer than many anticipate. Warns Of Prolonged Downtrend In a recent analysis, the firm attributed some of XRP’s lackluster performance to a general malaise in the cryptocurrency market, where traders are waiting for Bitcoin (BTC), the market’s leading cryptocurrency,…

Bitcoin Was a Firm ‘Buy’ For Sharks Last Week, New Data Shows

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Key points: Bitcoin “shark” wallets have started buying the dip, adding 65,000 BTC to their holdings in just seven days. Short-term holders also cross a milestone, with the profit ratio of coins moving onchain flipping positive. Long-term holders have yet to return to net accumulation. Bitcoin (BTC) “conviction-driven” holders have bought 65,000 BTC in just seven days as price bounces from two-month lows. New research from onchain analytics platform CryptoQuant released Thursday shows Bitcoin “sharks” buying the dip. Bitcoin’s big players rethink distribution Bitcoin wallets with a balance between 100…

XRP Price Holds Firm – Fresh Rally Could Be Brewing

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Solana Golden Cross Sparks 14% Gains as Chinese Firm Allocates $20M to BTC, ETH and SOL

Key Notes Solana price rose above $228 after fresh corporate inflows: $20M from MOGU and a $5M BONK treasury boost by Safety Shot. A golden cross on the daily chart has fueled a 14% rally this week, with RSI still below overbought levels. Key levels: support at $217–$208, resistance at $240–$250 as traders gauge momentum from institutional demand. Solana’s SOL $225.8 24h volatility: 1.7% Market cap: $122.47 B Vol. 24h: $9.69 B positive weekly timeframe performance continued with another 2% uptick on Thursday, sending SOL price above $228 for the…

Dead FX Trading Firm Suddenly Gains $7 Million from $2B Foreign Exchange Rigging Case

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“Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates “Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates “Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates “Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates “Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates “Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates Yulia Tereshchenko from OneZero shares her thoughts on Finance Magnates and why she follows our coverage. “Dynamic. The news is always spot on, always up to date, so I always know what’s going on in the…