GD Culture has surprised markets with a bold financial pivot. The company received board approval to sell part of its 7,500 Bitcoin holdings. It plans to use the proceeds to fund a 100 million dollar share repurchase. Investors now debate whether this Bitcoin share buyback can stabilize its falling stock price. The company stock has
Bitcoin and altcoins have experienced a slight recovery in the last 24 hours after sharp declines. Bitcoin is once again approaching the $70,000 mark, while Ethereum has surpassed $2,000. While altcoins are also seeing double-digit increases, the expiration date for option contracts in the crypto market will arrive, as it does every Friday. These options
Story Highlights Bitcoin surged 6% near $69,000 after massive short squeeze triggered $571 million liquidations. Spot Bitcoin ETFs recorded $506 million inflows, strengthening confidence among institutional crypto investors. Bitcoin faces key resistance between $70,000 and $78,000 before confirming bullish trend reversal. After a week of heavy selling, Bitcoin price has finally bounced back strongly, jumping
Bitcoin price is up nearly 5% in the past 24 hours, briefly touching the $70,000 level before pulling back toward $68,000. This rebound helped Bitcoin recover almost 12% from its February 24 low. But despite this strong move, Bitcoin could not hold above $70,000. This hesitation is not random. It reflects a deeper issue that
The global cryptocurrency market staged a strong comeback on Wednesday, adding more than $170 billion in a single session. Data from CoinGecko showed total market capitalization climbing roughly 8% to nearly $2.5 trillion, one of the strongest single-day advances in recent weeks. The move interrupted a steady decline that had weighed on digital assets since
AllUnity, a stablecoin platform backed by Deutsche Bank, has launched a new stablecoin denominated in Swiss francs (CHF). After introducing its euro-pegged EURAU stablecoin last year, AllUnity is rolling out CHFAU, a stablecoin pegged 1:1 to the franc, the company said in an announcement shared with Cointelegraph on Thursday. Initially available to institutional and professional
Michael Saylor, one of the most influential figures in the Bitcoin world, made striking statements about the potential impact of quantum computing on Bitcoin in his latest appearance on a television program. Responding to concerns that quantum computers could break current encryption systems and leave the Bitcoin network vulnerable, Saylor urged investors to remain calm.
Global digital asset banking group Sygnum has announced the launch of an institutional crypto asset management service targeting the $100 billion corporate crypto treasury sector. Sygnum Select, launched on Thursday, is described as a “discretionary mandate service” that applies Swiss banking’s established portfolio management model to crypto assets. The service launches with live client mandates,
Financial technology firm Stripe says blockchains may need to process up to 1 billion transactions per second to support the future of artificial intelligence agents. In an annual letter posted to X on Tuesday, Stripe CEO and co-founder Patrick Collison and co-founder John Collison gave a rundown of the firm’s performance over 2025, while also