The Blockchain Group (ALTBG), a Paris-listed tech firm that brands itself as Europe’s first bitcoin BTC$104,877.49 treasury company, said it bought 182 BTC for 17 million euros ($19.6 million), bringing its total stash to 1,653 BTC valued at nearly 149 million euros. The purchase follows a series of convertible bond issuances totaling over 18 million […]
Category: Cryptocurrency news
Here Is What Bitcoin Traders’ Are Focusing on for Wednesday’s Fed Meeting
The Federal Reserve’s (Fed) Open Market Committee, comprising 12 officials, is scheduled to announce its decision on interest rates at 18:00 UTC on Wednesday, followed by Chairman Jerome Powell’s press conference half an hour later. The CME Group’s FedWatch tool indicates that the central bank is again likely to hold ground and keep interest rates […]
Is Bitcoin’s Rise a Blessing or a Threat to Corporate Treasuries?
Following Strategy’s example, companies increasingly invest in Bitcoin, a trend bolstered by the cryptocurrency’s rising price. However, these massive acquisitions raise concerns over market collapse if companies are forced to sell and questions over Bitcoin’s decentralized ethos. Representatives from Bitwise, Komodo Platform, and Sentora state that the benefits largely outweigh the risks. While small, overleveraged […]
Is Semler Scientific Flashing a Warning Sign for Bitcoin Treasury Firms?
Nasdaq-listed healthcare technology firm Semler Scientific was valued at a razor-thin premium compared to its Bitcoin holdings on Tuesday, according to the company’s website. The firm’s mNAV, or multiple-to-net asset value, was recently 1.07. That means the company’s $498.5 million enterprise value—accounting for Semler’s market cap, debt, and cash balance—was slightly above that of its […]
How Will Bitcoin Price React if the US Enters the Iran-Israel War
If the United States formally joins the Israel–Iran war, Bitcoin and the broader crypto market may see sharp short-term losses. Based on President Trump’s recent posts and geopolitical rumors, the US might make a decision to enter this conflict. Market analysts expect risk-off sentiment to dominate global assets, pulling liquidity away from volatile sectors like […]
Ukraine Introduces Bill to Allow Bitcoin in National Reserves
Ukraine has introduced a bill that would give its central bank the legal right to hold Bitcoin and other assets as part of its national reserves. The draft law, submitted to the Verkhovna Rada on June 10, 2025, proposes updates to existing legislation to include “virtual assets” in the foreign exchange and gold reserves of […]
Cryptocurrency market wipes out over $150 billion in a day
Cryptocurrency market wipes out over $150 billion in a day Paul L. Cryptocurrency Jun 17, 2025 Share The cryptocurrency market has taken a sharp hit, shedding over $150 billion in value, with major assets like Bitcoin (BTC) leading the downturn. As of press time, the total market capitalization stood at $3.23 trillion, down from $3.39 […]
Spanish bank BBVA tells wealthy clients to invest in bitcoin
LONDON, June 17 (Reuters) – Spanish lender BBVA (BBVA.MC), opens new tab is advising wealthy clients to invest up to 7% of their portfolio into cryptocurrencies, an executive said on Tuesday, in the latest sign some banks are warming to a sector long avoided by mainstream finance because of its risks. BBVA’s private bank advises […]
Ripple v. SEC: Case enters new waiting phase
Ripple v. SEC: Case enters new waiting phase Paul L. Cryptocurrency Jun 17, 2025 Share The long-running legal battle between Ripple and the Securities and Exchange Commission (SEC) has entered a fresh period of uncertainty as both parties await a pivotal court decision that could shape the outcome. In a joint status update filed on […]
HyperLiquid Trader Turns $10M Profit Into $2.5M Loss as Bitcoin Falls
A trader on decentralized derivatives exchange HyperLiquid has turned an unrealized $10 million profit into a $2.5 million loss, seemingly caught by the same trap that tripped up a person using the alias James Wynn, who blew up a $100 million account in May, after bitcoin BTC$104,355.98 fell 4% from Monday’s high. The trader, known […]