Rectitude Holdings’ $32.625 million financing intended mainly to fund Bitcoin purchases ended without producing shares or cash, according to the Singapore safety equipment supplier’s annual report filed July 30. The agreement was terminated on Oct. 9, 2025. That was 31 days after Rectitude publicly announced the plan, but 45 days after the company signed it
Trading bitcoin $BTC$64,171.64 these days feels much as it did seven months ago, at the start of the year. The price of the largest cryptocurrency is stuck in a tight range, with volatility at six-month lows, and traders are struggling to identify a break to bet on. Not surprisingly, transaction volume has slumped and is
As the weight of long-term investors increases in the Bitcoin market, the share of short-term speculative transactions has fallen to its lowest levels in recent years. In his latest assessment, Axel Adler Jr., an analyst at the on-chain analytics platform CryptoQuant, emphasized that while the Bitcoin supply is increasingly concentrated in the hands of long-term
A securities class action lawsuit targeting BitGo Holdings, Inc. (NYSE: BTGO) is drawing attention from multiple law firms — and the clock is ticking for investors who want to play an active role. The BitGo securities lawsuit, filed on behalf of shareholders who bought into the company’s January 2026 IPO or held its stock through
The Lessons from the 2026 Bear Market During the company’s second-quarter earnings call, Le revealed that the “biggest lesson” of 2026 was the need to maintain liquid U.S. dollars to fund its dividend obligations on its Perpetual Stretch Preferred Stock ). “We thought that liquid Bitcoin would be important, but what Mike [Michael Saylor] mentioned
Bitcoin [$BTC] has held above $63k since rebounding from a brief dip to $62k three days ago. At press time, Bitcoin was trading near $64,300. Amid extended market downside volatility, some long-term whales are capitulating and exiting at a loss. According to Lookonchain, a whale deposited 625 $BTC worth $39.96 million into FalconX. This whale
The link between activity in the U.S. and the broader crypto market has strengthened in recent months, particularly as domestic economic factors such as interest rates and inflation, along with U.S.-linked crypto assets, have grown increasingly influential. One of the clearest links right now is the correlation between Bitcoin [BTC] and the upcoming U.S. midterm
Institutional alliance: The project brings together more than 140 companies from the financial and technology sectors, including Visa, Mastercard, Stripe, BlackRock, BNY, and Coinbase. Operating model: Open USD enables fee-free, unlimited volume issuance and redemption for participating companies. Deployment network: The stablecoin will debut directly on the Ethereum network, an infrastructure that holds the largest
Bitcoin has historically entered bearish phases approximately one year prior to each US legislative election. A Binance Research report notes that the asset dropped an average of 56% during completed midterm cycles since 2014. Previous presidential elections showed a different behavior, with sharp rallies following candidates’ victories. Joao Wedson recently published an analysis asserting that