The blockchain industry is going to see a week full of groundbreaking events, including networking, festivals, summits, and conferences. The leading among this week’s crypto events include Istanbul Blockchain Week, Proof of Talk, and Bitcoin FilmFest. As per the data from Crypto Events Global, these events are set to gather investors, entrepreneurs, regulators, tech enthusiasts,
Keyrock, a Brussels-based digital asset services firm, is in the process of acquiring bankrupt crypto trading and lending firm Blockfills, according to two people with knowledge of the matter. A Keyrock spokesperson told CoinDesk that the acquisition is subject to court approval. According to a bankruptcy filing, Keyrock agreed to a purchase price of $3.25
The fact that Bitcoin’s price fell below the $71,000 level today, coinciding with Strategy’s symbolic Bitcoin sale after nearly four years, has sparked debate in the market. However, analysts have offered differing opinions on the reasons for the decline. Bitcoin advocate Pierre Rochard argued that directly attributing the price drop to Strategy’s small-scale selling was
Twenty One Capital, a Tether-controlled bitcoin ($BTC) treasury company that’s paid Strike’s Jack Mallers to be its spokesperson, has until Friday to comply with an independent director rule under threat of the New York Stock Exchange (NYSE) flagging its stock with code BC, Below Compliance. It doesn’t help that its stock has lost 83% of
OranjeBTC, Latin America’s largest corporate Bitcoin treasury company, has disclosed a new Bitcoin acquisition and share buyback, reinforcing its commitment to a dual capital allocation strategy that mirrors approaches used by firms like Strategy in the United States. The São Paulo-listed company — trading under ticker OBTC3 on the B3 exchange and as ADR ticker
According to the latest data published by Glassnode, the short-term outlook for the Bitcoin market continues to weaken. The company stated that Bitcoin is trading around $71,300 and that downside risks are prominent due to both increasing selling pressure in the spot market and accelerating ETF outflows. The analysis added that the market structure is
Bitcoin has experienced a sharp, sudden correction, breaking down from its recent consolidation range to test lower macro support levels. The premier cryptocurrency plummeted toward the $71,000 threshold, leaving traders questioning whether the psychological support at $70,000 will hold or if a broader market liquidation is underway. The drop comes at a highly ironic moment
A new report from Fortune has revealed that SpaceX holds a significantly larger amount of Bitcoin than previously estimated, a disclosure that introduces a new layer of financial complexity for the private aerospace company. According to the report, SpaceX owns 18,712 $BTC, a figure that far exceeds the earlier public estimate of 8,300 $BTC. Fortune
Tezos introduced TzEL, an experimental privacy rollup using zk-STARK proofs and post-quantum cryptography on its testnet. TzEL addresses the “harvest now, decrypt later” problem: encrypted data stored today could be decrypted once quantum computing matures. The project uses Tezos’ data availability layer and rollup architecture to handle proofs of up to 300KB per transaction. Tezos
Strive has expanded its fundraising plans by $4.2 billion as the Bitcoin treasury company seeks additional capital for future $BTC purchases. According to a June 1 X post by Strive chief executive Matthew Cole, the company expects to increase the size of its at-the-market programs tied to ASST and SATA securities by $2.1 billion each.