Amsterdam Bitcoin Treasury Strategy (AMBTS), established by Dutch crypto-asset service provider Amdax, has raised €20 million ($23.2 million) in its initial financing round. The funding, secured through private placements, will seed the company’s bitcoin accumulation strategy. The round, capped at €30 million ($34.8 million), is expected to close in September 2025. The proceeds will support
The recent Bitcoin retracement may transcend a temporary market correction, as a top market analyst suggests early signs of a bull cycle top. The rally to $113,510 on Thursday may just be another relief rally, as Bitcoin has relinquished all its gains today. The pioneering cryptocurrency has corrected 3.2% since the start of Friday, sparking
Atomic Finance founders Tony Cai and Matthew Black announced that their core DLC (discreet log contract) technology and intellectual property have been integrated into Lygos, a newly formed, institution-focused, non‑custodial bitcoin lending platform led by co‑founders Jay Patel and Francis Corvino. The move pivots Atomic’s infrastructure—whose options vaults processed roughly $140 million in volume and
The financial world is buzzing with a significant development: the Florida pension fund, managing retirement assets for state employees, has made a notable move into the digital asset space. Reports indicate this substantial public fund holds approximately 240,000 shares of MicroStrategy (MSTR) stock, valued at an impressive $80 million. This indirect yet considerable investment positions
In a significant development for the European crypto landscape, Dutch cryptocurrency service provider Amdax has announced a substantial fundraising achievement. The firm successfully secured an impressive $23.4 million, earmarking these funds for strategic BTC investments. This move underscores a growing trend of institutional confidence in Bitcoin and its long-term potential. What Does This Funding Mean
Bitcoin BTC$110,097.95 remains in correction mode after reaching its all time high of more than $124,500, now hovering near $110,000. Glassnode’s weekly newsletter highlights mounting stress among top buyers as the cost basis of investors over the past six months comes under pressure. The firm noted, “Any relief rally is therefore likely to encounter resistance,
Recent data reveals that Bitcoin miners have picked up the pace of their BTC sales. This selling spree coincides with heightened macroeconomic anxiety, triggered mainly by high US inflation indicators. According to the on-chain data platform Glassnode, Bitcoin miner wallet balances consistently declined from August 11 to August 23. Sharp Contrast: From Accumulation to Selling
Charlie Shrem, an early Bitcoin advocate, entrepreneur, and a founding member of the Bitcoin Foundation, has addressed the global crypto community as he revisited an important BTC forecast he made several years ago. He stated that his prediction is coming true much faster than he could have expected. “It’s happening faster than I thought”: Shrem