Companies around the globe made 60 Bitcoin announcements in five days, signaling a surge in corporate interest. Between June 9 and 13, companies added thousands of BTC to their balance sheets and revealed plans for billions more. This week’s activity shows that more businesses are treating Bitcoin like any other financial asset. Six New Bitcoin…
Bitcoin Magazine H100 Group Receives 144.8 BTC in Convertible Loan Deal H100 Group, Swedish health-tech firm, has received 144.8 BTC as part of a settlement tied to its convertible loan agreement, according to a company press release issued Monday. With this latest transaction, the Stockholm-based firm now holds a total of 169.2 BTC on its…
Global banking giant JPMorgan Chase has filed a trademark application for a new crypto-focused platform branded as JPMD, signaling that the bank is pushing deeper into digital assets. According to the application filed on Sunday to the U.S. Trademark and Patent Office, JPMD will offer services such as “providing trading, exchange, transfer, and payment services…
Ethereum has remained in a volatile consolidation phase, trading between the $2,400 and $2,800 levels as geopolitical tensions weigh heavily on global markets. After last week’s failed breakout above resistance, ETH has retraced yet again, struggling to build sustained momentum. The ongoing conflict between Israel and Iran has intensified market uncertainty, contributing to spikes in…
Cantor initiated coverage of the three largest solana SOL treasury companies DeFi Development (DFDV), Upexi (UPXI) and Sol Strategies (HODL) with an overweight rating, the Wall Street firm said in a research report Monday. The broker has a $45 price target for DeFi Development, a C$54 objective for Sol Strategies, and a $16 price target…
Bitcoin BTC miners are facing mounting pressure as the network’s hashrate and difficulty continue to climb, tightening margins even as bitcoin’s price holds steady, according to TheMinerMag’s monthly report. The network’s mining difficulty hit a record 126.98 trillion, propelled by a 14-day average hashrate of 913.54 exahashes per second (EH/s). Transaction fees in June fell…
XRP price rose amid news that Purpose Investments is set to launch a spot XRP spot exchange-traded fund. The Purpose XRP ETF is set to launch on the Toronto Stock Exchange on June 18, 2025. XRP is among several altcoins awaiting spot ETF approval in the United States. XRP price surged by nearly 7% as…
Asset manager Purpose Investments is set to launch a spot XRP XRP exchange-traded fund (ETF) in Canada this week after obtaining regulatory approval, giving investors a way to gain exposure to the fourth-largest cryptocurrency by market capitalization through traditional investment accounts. The ETF will start trading on the Toronto Stock Exchange on Wednesday, June 18,…
Litecoin LTC rallied more than 2% on Monday, gaining ground as investors eye a possible spot exchange-traded fund (ETF) approval and navigate a shaky geopolitical backdrop. LTC rose from $85.05 to $88 in a 24-hour period, an uptrend marked by higher lows and heavy volume. The rise coincides with growing expectations that the U.S. Securities…
Crypto analyst X Force has drawn the crypto community’s attention to a key fractal from 2023, which paints a bullish picture for the Bitcoin price. However, the analyst suggested that a drop to $90,000 could still be on the cards for BTC, although that won’t invalidate the macro setup. Key Fractal Shows Bitcoin Price Is…
