A growing number of public companies are buying altcoins like ether (ETH), Solana’s SOL (SOL), and XRP XRP$3.2394 as part of a broader treasury strategy modeled after high-profile Bitcoin acquisitions, according to a new report from Animoca Brands Research. Titled Altcoin Strategic Reserves, the report explains how companies are using financial engineering tools—such as convertible
By Francisco Rodrigues (All times ET unless indicated otherwise) While bitcoin BTC$118,738.05 is pretty much back to where it was 24 hours ago, ether (ETH) and XRP XRP$3.2394 extended their gains after the House of Representatives passed the first major crypto regulatory initiative in the U.S. even though the legislation is aimed at stablecoins. It’s
Comparisons are often made between Bitcoin and the internet, and it is stated that the adoption of both is similar. The final comparison came from Fidelity Investments. The giant company drew parallels between the two concepts: “the growth of Bitcoin and the rise of the internet.” Jurrien Timmer, Fidelity Global Macro Director, said that Bitcoin’s
The stakes are extremely high, and Bitcoin is once again balancing on a tightrope. Bitcoin is once more teasing this crucial price level after breaking above the long-standing resistance of $120,000. The current retest represents bulls’ third – and potentially last – opportunity to regain control before sentiment turns south after two previous unsuccessful attempts
After a powerful multi-week rise from below $95,000, Bitcoin price today is consolidating near $120,200 inside a maturing symmetrical triangle. The structure suggests compression ahead of a volatility breakout, with the apex nearing on the 4-hour chart. Momentum is holding firm above key exponential moving averages, keeping bulls in control for now. What’s Happening With
Crypto analytics platform Bitcoin Vector is bullish on Bitcoin (BTC) as the flagship digital asset hovers just below the all-time high. The analytics platform says on the social media platform X that Bitcoin is in the early stage of a full bull market after confirming a breakout. According to the analytics platform, Bitcoin is in
Crypto finance firm Matrixport, in its latest “Matrix on Target” report, predicted that Bitcoin may enter a correction process in the short term despite its recent upward trend. Matrixport: Bitcoin May Enter Short-Term Correction Following Multiple Factors The report states that despite positive macroeconomic developments in the US, technical indicators have weakened and the market
In a significant move poised to reshape its future, The Smarter Web Company (SWC), a prominent UK-based web development firm, has announced an ambitious accelerated bookbuild to raise a minimum of £15 million. This strategic capital injection is set to propel the company into its next phase of expansion, signaling robust confidence from institutional investors
In a significant development for the intersection of Web3 and traditional industries, Blockskye, a pioneering force in blockchain-based travel infrastructure, has just announced a remarkable achievement. The startup has successfully closed a Series C funding round, raising an impressive $15.8 million. This substantial investment not only underscores the growing confidence in blockchain’s real-world applications but
Bitcoin price is attempting a fresh increase above $120,000. BTC is now consolidating and might attempt a steady move toward the $125,000 zone. Bitcoin started a fresh increase from the $115,800 zone. The price is trading above $119,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line with