DeFi Development Buys $16M SOL at $111, But Stock Value Per Share Drops 25%
DeFi Development Corp. purchased 86,307 SOL for approximately $16 million at an average price of $110.91, increasing its treasury by 4.7% to 2,195,926 SOL worth $426 million. However, the Nasdaq-listed firm’s SOL per share metric dropped to $14.67 from $19.44 recorded in September, a 25% decline despite the accumulation. The company reported 28,888,178 shares outstanding, […]
Media Firm Newsmax Plans Crypto Reserve – Eyes $5M Bitcoin, Trump Coin Purchase
News outlet operator Newsmax has announced plans to purchase up to $5 million in Bitcoin and Trump Coin over the next year, as a part of its strategic crypto reserve plans. Newsmax said that the company’s Board of Directors have approved the plan on Thursday. Apart from Bitcoin accumulation, Newsmax is looking to add official […]
Has The Crypto Treasury Bubble Burst? Tom Lee Thinks So
BitMine’s Chairman, Tom Lee, has shared his perspective on the recent surge of crypto-focused treasury companies and the future of this multi-billion-dollar trend. Crypto DATs Bubble Already Burst On Thursday, BitMine’s Chairman Thomas “Tom” Lee joined Fortune’s Crypto Playbook Podcast to discuss the surge of Digital Assets Treasury (DAT) companies and why he thinks the […]
Ripple Enters Global Corporate Treasury Market With $1B Acquisition of GTreasury to Boost Real-Time Payments
Ripple has acquired treasury management firm GTreasury for $1 billion. The deal marks Ripple’s latest move into the corporate treasury sector. This acquisition enables Ripple to provide services to large corporate clients globally. GTreasury’s tools will support Ripple’s efforts to modernize treasury operations through blockchain integration. Ripple has announced its acquisition of global treasury management […]
Solana News: Uniswap Expands to Solana, Enabling First Non-EVM Trading – livebitcoinnews.com
Solana News: Uniswap Expands to Solana, Enabling First Non-EVM Trading livebitcoinnews.com Credit: Source link The post Solana News: Uniswap Expands to Solana, Enabling First Non-EVM Trading – livebitcoinnews.com appeared first on Coin24h.com.
BNB Eyes Major U.S. Expansion as Coinbase Confirms Listing Roadmap – FXLeaders
BNB Eyes Major U.S. Expansion as Coinbase Confirms Listing Roadmap FXLeaders Credit: Source link The post BNB Eyes Major U.S. Expansion as Coinbase Confirms Listing Roadmap – FXLeaders appeared first on Coin24h.com.
21Shares Files for 2X HYPE ETF with the US SEC
On Thursday, 21Shares filed for a 2X HYPE ETF application with the US Securities and Exchange Commission (SEC). The proposed product is designed to double investors’ daily exposure to the Hyperliquid Index, a decentralized platform. 21Shares HYPE ETF Filing According to the 21Shares 2X Long HYPE ETF filing, the fund seeks to deliver 200% of […]
Bitcoin Loses $106K as Bullish Crypto Bets Rack up $800M in Liquidations
Bitcoin accounted for roughly $344 million in losses, followed by Ether at $201 million, and Solana (SOL) at $97 million.
Ripple Price Analysis: Where Is XRP’s Low After 22% Weekly Drop?
Ripple’s token has extended its correction following last week’s market-wide liquidation event, now trying to stabilize at a major and decisive price zone. While short-term structure remains fragile, the asset is approaching a short-term support level. Whether buyers defend this zone or the breakdown deepens will define the next major move. Ripple Analysis By Shayan […]
Why Breet is the Go-To Crypto to Cash App in Nigeria
Nigeria is one of the biggest crypto markets in Africa and among the countries with the highest cryptocurrency adoption globally. Several applications enable locals to sell bitcoin in Nigeria, Ethereum (ETH), USDT, or other digital assets and receive Naira directly into their bank account. In the following lines, we will analyze how users can identify […]
Bitcoin hits 15-week low under $105K as US regional bank woes echo 2023
Bitcoin price strength collapsed as US regional bank stress spilled over into crypto like in 2023, while traders focused on $100,000.
Crypto Market Bloodbath: Over $1B in Liquidations as Bitcoin, Altcoins Collapse
The bears are back in the crypto town, which is evident by yet another substantial price correction from essentially every digital asset. Bitcoin led the adverse charge, with a nosedive toward $105,000 as of press time, which is a multi-month low on multiple exchanges. The altcoins follow suit in an even more painful manner. BTCUSD. […]