Nasdaq-listed Tharimmune (THAR) has raised about $540 million in a private placement led by DRW and Liberty City Ventures, as the biotech firm pivots toward a digital asset treasury (DAT) strategy centered on canton coin (CC), the company said in a press release Monday. THAR is up roughly 30% on the announcement. The thinly-traded canton
Bitcoin is on the verge of breaking below its crucial wedge pattern, likely indicating a bearish sentiment in the market. Nevertheless, the price is recharging within equilibrium, awaiting either institutional absorption or a deeper liquidity sweep before the next major expansion. Technical Analysis By Shayan The Daily Chart On the daily timeframe, Bitcoin has decisively
Bitcoin is straddling the fine line between “just a correction” and “full-blown mood swing,” with a market price of $107,659. The total market capitalization sits at $2.15 trillion, accompanied by a robust 24-hour trading volume of $48.3 billion and an intraday range stretching from $107,047 to $110,946. Bitcoin Chart Outlook The daily chart paints a
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3478.84, down 4.0% (-145.03) since 4 p.m. ET on Friday. One of 20 assets is trading higher. Leaders: ICP (+35.0%) and POL (-1.6%) Laggards: SUI (-8.6%) and CRO (-7.9%).
Strategy (MSTR), the largest corporate holder of bitcoin BTC$107,661.53, reported on Monday it purchased $45.6 million in BTC through last week, bringing its stash to 641,205 coins worth over $69 billion. According to the firm’s filing, the company acquired 397 BTC at an average price of $114,771 last week. Strategy funded the purchase mostly via
Standard Money, developer of the BNB Chain-based stablecoin USDsd, has raised $8 million from an array of crypto investment heavyweights. The strategic investment round was led by Yzi Labs and included participation from Gate.io, Crypto.com, and Animoca Brands, according to an emailed announcement shared with CoinDesk on Monday. USDsd is a yield-seeking algorithmic stablecoin based
Institutional investment firm Strategy announced that it purchased a total of 397 Bitcoin (BTC) between October 27 and November 2. The company’s average purchase price was $114,771, while the total investment amount was recorded as $45.6 million. We stated in our morning news that a purchase might be made: Strategy Buys 397 Bitcoins Worth $45.6
Brazilian financial giant Banco Inter and Chainlink have completed a blockchain-based pilot that enabled the central banks of Brazil and Hong Kong to settle a cross-border trade transaction in real time using digital currencies and smart contracts. The test was part of Phase 2 of the Central Bank of Brazil’s Drex digital currency initiative, which
Cryptocurrencies fell to begin the week in red, extending the price drop from the past few weeks, which resulted in the market’s worst October in years. At press time, Bitcoin was trading down 3.18% in the last 24 hours and down 6.99% in the last seven days. The market drop came with no immediate catalysts,