The world of finance is buzzing with exciting news from South Africa. Financial services firm Altvest Capital is making headlines with its ambitious plan for a significant Bitcoin investment. This move is set to reshape the landscape of institutional cryptocurrency adoption on the African continent. Altvest Capital aims to raise an impressive $210 million specifically
The world of corporate finance is increasingly intertwining with digital assets, and a recent announcement from Nasdaq-listed Faraday Future (FFAI) highlights this trend. The electric vehicle manufacturer is making significant moves in the crypto space, signaling a bold step in its cryptocurrency investments strategy. This decision could have ripple effects, drawing more attention to how
As traders keep a close eye on a possible head-and-shoulders pattern emerging on the daily chart, Bitcoin is consolidating around $111,000. Depending on whether neckline support holds or fails, the setup suggests that a $10K price swing could be on the horizon. Summary Bitcoin (BTC) consolidates around $111K, forming a possible head-and-shoulders pattern in this
HashKey Group, a Hong Kong-based digital asset financial services firm, has announced plans to launch Asia’s largest multi-currency vehicle for bridging traditional finance and crypto. The firm said Monday the fund would serve as an “institutional bridge between traditional financial capital and on-chain assets,” with a raise targeted to exceed $500 million for the first
Bitcoin traded just over $111,000 on Monday, maintaining its range from the past week, even as traders continue to assess macro signals for cues on crypto market positioning. Ether (ETH) traded around $4,293, XRP rose 2.5% to $2.90, Solana’s SOL added 2.6% to $208, and dogecoin DOGE$0.2339 outperformed with a 7% jump to 23 cents.
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$111,935.45 may not have rallied on Friday’s dismal jobs data, which strengthened the Federal Reserve’s rate cuts, but all hope is not lost. A shorter-duration chart reveals that BTC is forming a bullish inverse head-and-shoulders pattern – a classic reversal
Crypto exchange HashKey unveiled plans to build a $500 million fund for investments in digital asset treasury companies. HashKey, one of the first regulated crypto exchanges in Hong Kong, said it will build a diversified portfolio of digital asset treasury projects focused on mainstream cryptocurrencies. It will initially concentrate on bitcoin BTC$111,773.00 and ether (ETH),
Capital B has announced a capital increase of €5 million to strengthen its Bitcoin Treasury Company strategy. The company, listed on Euronext Growth Paris, continues to expand its focus on Bitcoin. While supporting its subsidiaries in data intelligence, AI, and decentralized technology consulting. The funds were raised through three separate operations. These included an “ATM-type”
Imagine a world where your most cherished luxury possessions, from a vintage supercar to a rare artwork, aren’t just physical items but also digital assets on a blockchain. This isn’t a futuristic fantasy; it’s the groundbreaking reality Taiko recently unveiled. The Ethereum Layer 2 project showcased the immense potential of RWA tokenization, specifically within the