Dutch cryptocurrency service provider Amdax has announced that it raised over $23 million to establish a Bitcoin treasury company. The new entity, called AMBTS, will be listed on Amsterdam’s Euronext stock exchange. According to reports, investors from the initial funding round have already committed the full $23.3 million. Targeting A Massive Shar

Key Takeaways: $291 Million Outflows: Spot Bitcoin and Ethereum ETFs saw a combined $291 million in outflows on Friday as inflation concerns surged. Trump Tariffs Fueling Inflation: New core inflation data rose 2.9% YoY, with Trump’s 10% import tariffs blamed for driving costs higher. Institutional Sentiment Shifting: Ethereum ETFs reversed after f

The Bitcoin price has struggled to break free of its horrid run of performances over the past few days, continuing to move below the $110,000 mark. While the flagship cryptocurrency appears to be relatively more stable in the past day, concerns are still swirling around about the coin’s struggles beneath critical levels. According to a […]

Optimism is running high among supporters of XRP as Canary Capital CEO Steve McClurg claimed that the long-awaited XRP spot ETFs could see inflows of $5 billion in their first month. His comments, shared during a Friday interview, highlighted his belief that the funds would even outperform Ethereum ETFs, which have so far struggled to […]

Total Value Locked (TVL) is a key metric that combines the total value of digital assets locked, staked, or committed in a specific blockchain, DeFi platform, or decentralized application (dApp). TVL serves as an indicator of the health, popularity, liquidity, and usability of a DeFi platform or blockchain. A higher TVL generally signals stronger u

Solana’s price action has shown some sort of resilience in the past few days while much of the cryptocurrency market turned red. After surging past $210 to reach as high as $218 on August 29, SOL briefly dipped below $200 but quickly stabilized, outperforming major large-cap assets such as Bitcoin, which has been locked in […]

The business school of the University of Hong Kong (HKU) is now considering accepting Bitcoin and other digital assets for donation and payment of tuition fees. This development comes a month after the Hong Kong Stablecoin Ordinance went into effect on August 1, in line with the Asian-nation state’s dream of becoming a global virtual […]

Bitcoin is once again at the center of market attention, facing a decisive test after several days of heightened volatility. Last Friday, BTC lost the crucial $110,000 support level, sparking concerns that the recent rally may be running out of steam. Since then, the market has been marked by sharp swings as bulls attempt to […]

MetaPlanet, a blockchain-based gaming platform, has experienced a notable disruption in its Bitcoin fundraising flywheel, raising questions about the sustainability of its growth strategy in the evolving cryptocurrency landscape. The project’s innovative approach aimed to leverage a circular funding mechanism, but recent developments suggest it may

Bitcoin has entered a clear consolidation phase after breaking above its all-time highs two weeks ago, and the market is now at a critical juncture. While the rally to new records fueled optimism, the momentum has since slowed, with bulls struggling to hold key support levels. Analysts warn that if buying pressure does not strengthen […]