SUI has broken below a key support as bearish sentiment intensifies. Derivatives data shows declining interest and rising short positions. Network activity has dropped sharply, signalling weak fundamental support. The price of Sui (SUI) has come under intense pressure in recent days, stirring concerns among traders and investors about the possibility of a deeper correction…
Since late 2024, BBVA’s private‑banking arm in Switzerland has been quietly advising clients to add Bitcoin and Ether to their holdings. According to Philippe Meyer, who leads digital and blockchain solutions at BBVA Switzerland, wealthy customers should allocate between 3% and 7% of their portfolios to crypto. Based on reports, this advice aims to boost returns…
After days of rumors around the identity of the mysterious ‘JPMD’ token filed by JPMorgan, widely supposed to be a stablecoin, the truth has finally emerged. JPMD isn’t a stablecoin after all – it’s a deposit token on the Base blockchain (Coinbase’s own blockchain). With JPMD, institutions have a round-the-clock method of making deposits, incorporating…
After days of rumors around the identity of the mysterious ‘JPMD’ token filed by JPMorgan, widely supposed to be a stablecoin, the truth has finally emerged. JPMD isn’t a stablecoin after all – it’s a deposit token on the Base blockchain (Coinbase’s own blockchain). With JPMD, institutions have a round-the-clock method of making deposits, incorporating…
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…
