CIMG Inc. has completed a $55 million stock sale, accepting payment in bitcoin and adding 500 BTC to its balance sheet. The move reflects the company’s shift toward a long-term bitcoin reserve strategy. $55 Million Stock-for- BTC Deal Sees CIMG Adopt Bitcoin Treasury Strategy CIMG Inc. (Nasdaq: IMG), a global digital health and sales development […] Original
Bitcoin exchange-traded funds (ETFs) kicked off September with a strong $333 million inflow, while ether ETFs struggled, recording a $135 million outflow. BTC Gains Momentum While ETH Faces Fresh Outflows September opened with a clear split in sentiment between the two biggest crypto ETF markets. Investors poured money into bitcoin funds, while ether products suffered […] Original
Key Notes Expectations of the Fed rate Cuts in September could drive the DOGE price higher, with analysts predicting a rally to $1. Dogecoin whales controlling roughly 24.19 billion tokens have shown minimal trading activity, waiting for clearer market signals. CleanCore Solutions stock price has tanked more than 50%, despite $175 million Dogecoin treasury plan. Despite the current selling pressure, DOGE DOGE $0.22 24h volatility: 0.9% Market cap: $32.51 B Vol. 24h: $1.98 B price has bounced back from the support at $0.205 earlier today. This comes as CleanCore Solutions…
Strategy, the largest Bitcoin (BTC) treasury company formerly known as MicroStrategy, has reinforced its vision to accumulate Bitcoin by acquiring nearly $450 million worth of the market’s leading cryptocurrency. This move comes as the firm’s co-founder, Michael Saylor, remains optimistic about the digital asset’s long-term potential, even in the face of recent price corrections that have seen Bitcoin dip over 10% below its all-time highs. Strategy Continues Bitcoin Buying Spree In a recent update shared on X (formerly Twitter), Saylor revealed that Strategy acquired 6,048 Bitcoin for a total price…
Key Notes Strategy recently purchased 4,048 Bitcoin for $449.3 million, after buying 3,081 BTC for $357 million the previous week. The latest acquisitions bring its total holdings to 636,505 BTC. The firm continues to show a strong commitment to its BTC acquisition strategy. While many investors and whales are emptying their Bitcoin BTC $111 252 24h volatility: 2.0% Market cap: $2.21 T Vol. 24h: $47.42 B holdings amid a price dip, business intelligence and software firm Strategy Inc. is buying the dip. The Michael Saylor-led firm recently acquired 4,048 Bitcoin…
Crypto exchange Gemini has filed plans for a U.S. initial public offering that could raise up to $317 million and value the firm at about $2.22 billion. The offering marks a significant step for the Winklevoss twins’ company as crypto businesses test renewed appetite in public markets. Gemini Moves Toward Nasdaq Listing Gemini Space Station, Inc. said it intends to list its Class A common stock on the Nasdaq Global Select Market under the ticker “GEMI.” The firm will offer 16.67 million shares priced between $17 and $19 each. Underwriters…
Ether exchange-traded funds (ETFs) surged with $1.08 billion in weekly inflows, while bitcoin ETFs added $441 million, marking a bullish week for crypto funds despite a Friday pullback. Institutional demand, led by Blackrock’s products, remained the key driver. Crypto ETFs Close Strong With ETH Dominating Weekly Inflows Institutional money is still flowing into crypto, and […] Original
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…
Eric Trump, the son of US president Donald Trump and the co-founder of Bitcoin (BTC) mining firm American Bitcoin (ABTC), said on Friday that there is “no question” that BTC hits $1 million in the next several years. Trump previously predicted that BTC would reach $1 million per coin in December 2024. Speaking to the audience at the Bitcoin 2025 Asia conference in Hong Kong, Trump said: “You’ve got nation states that are buying the hell out of Bitcoin. You’ve got Fortune 500 companies that are buying the hell out…
On Friday, bitcoin and ethereum exchange-traded funds (ETFs) bled $291.28 million in net redemptions, capping the week with a bruising close. ETF Exodus Caps a Bruising Week Statistics gathered from sosovalue.com show U.S. ethereum-focused ETFs logged $164.64 million in net withdrawals to finish the week. The day’s biggest pullbacks came from the Grayscale Ethereum Mini […] Original