American Bitcoin Corp. (ABTC), co-founded by Eric Trump, who now serves as its chief strategy officer, added 416 bitcoin to its reserve in the week ended Dec. 8. The company, majority owned by bitcoin miner Hut 8 (HUT), now holds 4,783 BTC, according to a Wednesday press release. ABTC’s benchmark metric Satoshis Per Share (SPS)
Helium, a decentralized wireless network built on Solana, is entering the Brazilian market through a joint venture with local WiFi provider Mambo WiFi, the companies said Wednesday. The partnership represents one of Helium’s most significant international expansions so far and could set the stage for carrier integrations in a country where reliable internet access remains
Key Takeaways BlackRock moved 2,196 Bitcoin to Coinbase Prime, valued at over $200 million. This transfer highlights BlackRock’s ongoing activity in the digital asset space. BlackRock transferred 2,196 Bitcoin worth over $200 million to Coinbase Prime this morning, according to Arkham Intelligence data. The move is part of BlackRock’s ongoing adjustments to meet demand across
Key Takeaways $1.2 billion in leveraged short positions may be liquidated if Bitcoin hits $95,076. Forced buying from short liquidations could push Bitcoin price even higher. $1.2 billion in leveraged short positions are at risk of liquidation if Bitcoin rallies to $95,076, according to Coinglass’ liquidation map. The potential liquidations highlight the amount of bearish
Key Takeaways American Bitcoin Corp acquired 416 BTC, raising its total holdings to 4,783 BTC. The acquisition announcement notes backing from Trump, highlighting growing support. American Bitcoin Corp purchased 416 Bitcoin, bringing its total holdings to more than 4,783 Bitcoin, valued at over $440 million at current market prices, according to a Wednesday press release.
Superstate, a blockchain-focused financial technology firm, has rolled out a new platform that allows U.S. Securities and Exchange Commission (SEC)-registered public companies to issue shares directly onchain to investors on Ethereum ETH$3,332.14 and Solana SOL$138.00. Called the Direct Issuance Program, Superstate’s new initiative allows companies to raise capital by selling newly-issued, tokenized equity in exchange
TenX Protocols, a blockchain infrastructure company focused on staking and validator operations, will start trading on the TSX Venture Exchange (TSXV) on Dec. 10 under the ticker symbol “TNX.” The listing follows the close of subscription receipt financings totaling C$29.9 million ($22 million), which were completed in connection with its go-public transaction, the company said
Bitcoin and cryptocurrencies, which experienced sharp declines in October and November contrary to expectations, have started to recover in recent days. This has revived expectations of a strong and sustained rise above $100,000, with Coinbase Institutional analysts outlining a positive scenario for December. Analysts believe the November correction paved the way for a market recovery
European Central Bank outlines comprehensive strategy for digital euro implementation, targeting first issuance by 2029 with pilot exercises beginning in 2027. The European Central Bank (ECB) announced its comprehensive digital euro strategy on December 9, 2025, detailing plans to develop a digital currency that complements physical cash while addressing Europe’s strategic technological independence. The proposed
Bitcoin broke out of a week-long range as Fed rate cut bets and $150B in fresh crypto market cap fueled a short squeeze, with altcoins outperforming BTC. Summary Bitcoin briefly pushed to higher levels as total crypto market cap jumped about $150 billion in 24 hours, tracking rising risk appetite. Traders priced in a Federal