Bitcoin Magazine The Blockchain Group Buys $20 Million Worth Of Bitcoin The Blockchain Group has acquired an additional 182 Bitcoin for approximately €17 million ($19.6 million), further expanding its position as Europe’s first Bitcoin treasury company amid accelerating institutional adoption of Bitcoin reserves. According to a press release issued June 18, the Euronext Growth Paris-listed…
Prenetics Global Limited (NASDAQ: PRE) is the latest firm in the healthcare space to copy MicroStrategy’s $40 billion bitcoin treasury strategy, having acquired its first $20 million BTC investment, with help from global crypto exchange Kraken. There is a surge of bitcoin treasury companies that focus on accumulating bitcoin and following strategies similar to Strategy….
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2988.69, down 1.4% (-41.38) since 4 p.m. ET on Tuesday. None of the 20 assets are trading higher. Leaders: BTC (-0.2%) and LTC (-0.4%). Laggards: SUI (-4.4%) and AAVE…
PEPE continues to trend downwards with a 21% price drop this week. Key support at POC could decide short-term direction. Geopolitical tensions between Israel and Iran are driving risk-off sentiment in memecoins. Pepe (PEPE), the wildly popular Ethereum memecoin, has once again found itself at the centre of market volatility as traders confront a renewed…
In a striking forecast, two academic researchers, Murray Rudd and Dennis Porter, have predicted that Bitcoin (BTC) could soar to an astonishing $4.3 million by 2036 if institutional buying trends continue. This prediction was highlighted by market expert Giovanni Incasa, who emphasized the significance of applying rigorous supply-demand theories to Bitcoin’s unique economic structure. Supply…
Bitcoin Magazine Prenetics Becomes First Healthcare Firm to Launch Bitcoin Treasury Strategy With $20M BTC Purchase Prenetics Global Limited, a health sciences company, announced today that it has purchased $20 million worth of Bitcoin as part of a newly approved corporate treasury strategy. The company acquired 187.42 BTC at an average price of $106,712 and…
Bitcoin Magazine Swiss Bitcoin Platform Relai & Casa Partner to Offer Multisig Bitcoin Security Today, Relai, a Swiss Bitcoin platform, announced it has partnered with Casa to introduce a new Bitcoin saving and security solution, according to a press release sent to Bitcoin Magazine. “Self-custody is at the heart of Bitcoin’s promise,” said the Co-Founder…
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. There is an old saying, “Once is a chance, twice is a coincidence, and a third time is a trend.” It applies to bitcoin BTC right now. The cryptocurrency’s price has fallen back to its 50-day simple moving average (SMA),…
Crypto asset manager 3iQ has introduced an XRP XRP exchange-traded fund (ETF) on the Toronto Stock Exchange, the company said on Wednesday. The 3iQ XRP ETF (TSX: XRPQ) will launch with a 0% management fee for the first six months and is available for investment through registered accounts in Canada, and its TSX listing enables…
After more than five weeks of unrelenting downside pressure, Cardano (ADA) finds itself approaching a potentially decisive juncture. In a new analysis published June 18, crypto analyst Quantum Ascend (@quantum_ascend) offered a fresh take on ADA’s price structure, warning that the final leg of a downward five-wave Elliott pattern may now be unfolding—with a critical…
