Crypto infrastructure provider Utila raised $22 million in its latest fundraising round nearly tripling its valuation in the last six six months, the firm told CoinDesk. The round was led by Red Dot Capital Partners with Nyca, Wing VC, DCG and Cerca Partners among investors also participating, extending the March Series A funding round to
Bitcoin at a Crossroads: $111K in Focus Bitcoin ($BTC) is currently trading near $111,365, just above a critical support level at $111,350. The chart shows a decisive moment as BTC struggles to break above the 50-day SMA ($115,648), while the 200-day SMA ($101,465) is holding as long-term support. The question now is whether Bitcoin can
The CEO of Smarter Web, Andrew Webley, shares key insights from a recent summary of UK and global Bitcoin Treasury companies. The report, published by London-based broker Tennyson Securities. It offers a detailed look at the strategies, yields, and market positions of several firms. This holds Bitcoin as part of their treasury. Among the notable
Vanar, a popular blockchain driving Web3 adoption, has partnered with Plena Finance, an AI-led platform backing the earliest account abstraction wallet. The partnership intends to advance Web3, making it more developer-friendly, smart, and accessible with account abstraction and AI technology. As mentioned in Vanar’s official social media announcement, the key drivers behind the collaboration include
Glassnode’s HODL Waves visualize the distribution of bitcoin BTC$111,520.61 supply across different age bands. Each colored band represents the percentage of BTC last moved within the time frame shown in the legend. The recent narrative around bitcoin’s declining price has focused on OG whales (long-time holders with large balances) selling their coins. This is partly
Bitcoin evangelist Pierre Rochard has argued that Strategy co-founder Michael Saylor is currently outperforming Federal Reserve Chair Jerome Powell. Rochard believes that the Fed needs to own the largest cryptocurrency. “Full reserve banking” The Fed runs a fractional reserve system that allows banks to keep only a small portion of deposits while lending out the
Assessing the correlation between Bitcoin and macroeconomic data is a key step in identifying long-term trends. A recent analysis suggests that monitoring central bank balance sheets can provide deeper insights instead of focusing solely on global M2 money supply. However, the macro picture is more complex than charts may suggest. The following analysis highlights intertwined
In a significant move poised to reshape the commercial lending landscape, Trimont, a leading real estate lending services firm, is embracing JPMorgan blockchain payments. This strategic adoption, as reported by Bloomberg, signals a major step towards enhancing the speed and efficiency of financial transactions within the often-slow real estate sector. For anyone watching the intersection
A groundbreaking shift is underway in the world of digital finance, promising to reshape how we perceive and interact with traditional investments. Cryptocurrency financial services powerhouse, Galaxy Digital, has embarked on an exciting new venture, beginning the issuance of its Solana-based tokenized company shares, known as GLXY. This innovative step allows shareholders to tokenize their
Big news is coming from Vietnam’s crypto world. KuCoin, one of the biggest global crypto exchanges, has joined teams with the Vietnam Blockchain and Digital Assets Association (VBA) and 1Matrix. According to Wu Blockchain, the three are joining forces to make blockchain technology stronger, help digital assets grow, and support Vietnam’s digital economy. Three Groups,