Bitcoin Magazine Parataxis Holdings to Create South Korea’s First Bitcoin Treasury Company Parataxis Holdings LLC has entered into a definitive agreement to acquire a controlling interest in South Korean biotech company Bridge Biotherapeutics, Inc. (KOSDAQ: 288330) for KRW 25 billion ($18.3 million), marking the creation of South Korea’s first institutionally backed Bitcoin treasury company. Parataxis…
KindlyMD (NAKA), a Salt Lake City-based health-care data firm merging with bitcoin-focused holding company Nakamoto, raised another $51.5 million for bitcoin BTC purchases, the companies announced Friday. The private placement equity financing round, also known as PIPE, was priced at $5 per share of common stock in KindlyMD. The financing was fully subscribed in less…
Crypto exchange Coinbase has won a European Union Markets in Crypto Assets license (MiCA) from Luxembourg, the company said in a statement on Friday. The exchange, which is the fifth-largest crypto exchange by volume according to CoinGecko, will now be able to offer services across the 30 nations in the European Economic Area. It joins…
Bridge Biotherapeutics (288330), a South Korean biotech company, may be looking to become the country’s answer to Strategy (MSTR) or Metaplanet (3350) by adopting a bitcoin treasury strategy. Seongnam-based Bridge has received a 25 billion won ($183.3 million) backing from crypto investment firm Parataxis, with which it will build a BTC treasury. Bridge will change…
Despite escalating conflict in the Middle East Cosmos’ ATOM token is showing resilience to the volatility. It currently trades above the $4.00 level of resistance after a break out on significant volume spikes. Technical Analysis ATOM-USD climbed from $3.981 to $4.043, with a notable range of $0.122 (3.07%). Price action formed a clear uptrend with…
Bitcoin Magazine KindlyMD Secures $51.5M to Accelerate Its Bitcoin Treasury Strategy Kindly MD, Inc. (NASDAQ: NAKA) has announced it has secured an additional $51.5 million in private placement financing to its Bitcoin treasury strategy, as it prepares to merge with Bitcoin-native holding company Nakamoto Holdings Inc. Nakamoto has raised an additional $51.5M in PIPE investment…
Ethereum is approaching a critical test as price action tightens, setting the stage for a decisive move above key demand. After weeks of volatile yet controlled trading, bulls are attempting to reclaim higher ground, but momentum remains limited. At the same time, bears have repeatedly failed to drive ETH below the $2,400 level, reinforcing it…
The Telegram-native cryptocurrency TON has broken through the psychologically significant $3 barrier, demonstrating robust momentum with exceptional trading volume nearly triple the period average. This surge coincides with growing interest in Telegram’s ecosystem as WhatsApp begins implementing advertisements, positioning TON as a beneficiary of the shift toward ad-free, crypto-integrated messaging platforms. Despite recent volatility, TON…
FLOKI is trading near a key support at $0.00007000 amid an extended bearish trend. The Valhalla mainnet launch, scheduled for June 30, may trigger bullish momentum. A break above $0.00007500 could signal a strong price reversal. Floki Inu (FLOKI), the popular dog-themed cryptocurrency with growing utility, is once again in the spotlight as traders evaluate…
Bitcoin Magazine BitBox Announces BitBox02 Nova, A New Hardware Wallet For Bitcoin BitBox announced today it has launched the BitBox02 Nova, a redesigned hardware wallet built for Bitcoin self-custody, which introduces native compatibility with iOS devices and a new Bluetooth communication system called Whisper. The device marks a shift from the original BitBox02 by addressing…
