Ether exchange-traded funds (ETFs) extended their dominance with a 15th straight day of inflows, pulling in $231 million and crossing $20 billion in assets, while bitcoin ETFs snapped a three-day losing streak with $227 million in inflows. Ether ETFs Cross $20 Billion AUM as Bitcoin ETFs Return to Green With $227 Million Boost It was […] Original
TLGY Acquisition Corp. will merge with SC Assets to create StablecoinX, a company focused on building an ENA treasury. Backed by $360 million in PIPE financing, the venture aims to secure a major stake in Ethena’s stablecoin ecosystem. ENA Treasury to be Powered by StablecoinX Through $360 Million Funding TLGY Acquisition Corp. has announced the […] Source CryptoX Portal
MARA Holdings announced plans to issue $850 million in zero-coupon convertible notes due 2032, with proceeds earmarked for bitcoin purchases and debt repayment. $850 Million in Convertible Notes to Fund Additional Bitcoin Acquisition MARA Holdings, Inc. (Nasdaq: MARA) has announced plans to raise $850 million through a private offering of zero-coupon convertible senior notes due […] Original
Ether ETFs kept their momentum with a $534 million inflow, while bitcoin ETFs saw a second consecutive day of outflows totaling $68 million. Trading activity stayed strong as ETH products pushed toward $20 billion in net assets. Ether ETFs Hit 13-Day Streak While Bitcoin ETFs Struggle With Another $68 Million Exit The shift in investor […] Original
The $500 million private placement by Volcon will be used to fuel its bitcoin treasury strategy. The company has already accumulated over 280 BTC and entered a strategic partnership with Gemini. Volcon to Become Empery Digital With Focus on Bitcoin Treasury Volcon, Inc. (Nasdaq: VLCN) has announced the close of a $500 million private placement […] Original
Mercurity Fintech (MFH) has secured a $200 million equity line from Solana Ventures to launch a comprehensive solana-based treasury initiative. Solana Ventures Backs Mercurity With $200 Million for SOL-Based Treasury Mercurity Fintech Holding Inc. (Nasdaq: MFH) has announced a strategic $200 million equity line of credit from Solana Ventures Ltd., marking a major step in […] Source CryptoX Portal
Profusa is pivoting into bitcoin by securing a $100 million equity line of credit with Ascent Partners, committing all proceeds beyond a $5 million cash buffer to BTC as its primary treasury reserve asset. Biotech Firm Profusa Embraces Bitcoin Profusa Inc. (Nasdaq: PFSA), a digital health company, has taken a bold step into digital assets […] Original
Tom Lee, CIO of Fundstrat Capital, an asset management firm, has predicted that if bitcoin really becomes a digital gold alternative, its price might go over $1 million in the future to at least reach the current market cap of gold. Fundstrat’s Tom Lee Bets on Bitcoin Reaching $1 Million as Digital Gold As adoption […] Original
Ether exchange-traded funds (ETFs) kept their winning streak alive, pulling in $297 million and notching a new record for daily trading volume. Meanwhile, bitcoin ETFs saw their first daily outflow in nearly two weeks, shedding $131 million. Bitcoin ETFs See First Outflow in 12 Days As Ether ETFs Hit $19 Billion in Net Assets Ether […] Original
China-based pork processing company and Bitcoin miner Bit Origin has officially kicked off its crypto treasury initiative with its first acquisition of 40.5 million Dogecoin. In a statement on Monday, the company said the Dogecoin (DOGE) buy was the “first strategic acquisition” under its digital asset treasury initiative, supported by a share sale and debt offering that aimed to raise $500 million. At an average price of $0.24 per coin, Bit Origin would have spent around $9.9 million on its recent Dogecoin acquisition. The token is currently trading at $0.26,…