Key Takeaways Block plans to issue $1.5 billion through a private senior notes offering to institutional investors. Proceeds will be used for corporate purposes including debt repayment, acquisitions, and capital investments. Block, Jack Dorsey’s fintech firm, announced on Wednesday its plans to offer $1.5 billion in senior notes through a private placement to qualified institutional
A crypto market analyst confirmed that Bitcoin (BTC) has closed above the bull flag on the daily price chart. This move coincides with a 6% drop in the Bitcoin dominance metric, a sign of a general shift in market momentum. Bitcoin price setup In an X post, popular market analyst Rekt Capital spotlighted a bull
With bitcoin reaching an intraday peak of $122,208 on Wednesday, prices in South Korea remain lower than global market rates. Down Over $1,200—Bitcoin Price Diverges as South Korea’s Market On July’s final day, bitcoin’s price in South Korea finally lined up perfectly with the global exchange rate, ending a discount streak that had lingered since
Bitcoin (BTC), which surpassed $123,000 on July 14th to reach a new ATH, has been consolidating below $120,000 for about a month. Having climbed above $120,000 several times but failed to hold there, BTC appears poised for a rally. At this point, Capriole Investments founder Charles Edwards said that Bitcoin outflows have increased on Coinbase,
Following the US inflation data released yesterday, expectations for the first interest rate cut of 2025 increased in September. While the 25 basis point interest rate cut in September is priced in at over 90%, calls for the Fed to cut interest rates in the US continue unabated. At this point, the final call came
Key Takeaways Choreo LLC reports its first-ever Bitcoin ETF holdings valued at around $6.5 million. The firm’s largest position is in iShares Bitcoin Trust ETF, with significant allocations to GBTC, FBTC, and BTC. Choreo, an independent wealth management firm with over $27 billion in assets under management, has officially entered the Bitcoin ETF rush, revealing
As reported on CoinDesk, institutional capital is flooding into digital assets at an unprecedented pace, with JPMorgan forecasting $60 billion in inflows by 2025—outpacing private equity and private credit. But beyond the headline numbers lies a deeper transformation: institutions are not just investing in crypto, they’re rewiring how capital itself moves. — From Static Assets
Mike Novogratz, a former Goldman Sachs partner, and the founder of Galaxy Digital, took part in the Coin Stories podcast hosted by Natalie Brunel recently. In it, Novogratz shared his take on the prospects of Bitcoin reaching $1,000,000 in the future. However, he warned that if Bitcoin does get to $1 million, things will certainly
The world of corporate finance is witnessing a significant shift as companies increasingly explore the potential of digital assets. A notable development comes from Nasdaq-listed 707 Cayman Holdings, which is embarking on a strategic journey to build a substantial crypto treasury. This move highlights a growing trend in how traditional businesses view and integrate cryptocurrencies.