Institutional investors across the EU and UK are significantly increasing their cryptocurrency allocations, with 86% planning to boost holdings or enter the market in 2025, according to a Coinbase and EY-Parthenon survey of 97 institutions. DeFi Engagement Set to Jump 2.5x in European Institutions Half of respondents intend to allocate over 5% of their assets
The share prices of crypto-focused companies jumped this week amid the wider market upturn that sent Bitcoin to multiple all-time highs and despite a lull on Friday in equity indexes. Coinbase and Strategy both rose about 9% and 12%, respectively, over the past five days, according to Yahoo Finance data. Stock and crypto trading platform
Consumer products company Upexi is bolstering its Solana treasury, raising $200 million to fund business operations as well as further SOL purchases, it announced on Friday. The funds will come from two separate financing vehicles, with $50 million in net proceeds expected via an equity offering and $150 million from the sale of convertible notes.
Upexi, a Nasdaq-listed consumer goods and cryptocurrency-focused brand, announced the successful completion of a $200 million private financing round. The round included a stock issuance and convertible bond sales, with a significant portion of the investments denominated in Solana (SOL). According to the company’s press release, this funding consists of two parts: $50 million stock
Famous economist and author of the book Rich Dad Poor Dad, Robert Kiyosaki, gave striking messages to investors after Bitcoin surpassed the $118,000 level. Sharing on his social media account, Kiyosaki said that the market has entered a period of extreme enthusiasm and that many people may invest without thinking and with emotional reactions during
Cryptocurrency analysis firm QCP Capital has published a comprehensive market assessment following Bitcoin’s all-time high. Pointing out that Bitcoin was traded at $118,000 this morning, the company stated that this level is an indicator of both enthusiasm in the market and structural solidity. According to QCP Capital, the primary macro driver behind the rise is
Bitcoin (BTC) has been on a massive surge since the evening of July 9. With the price climbing above $118,000, further gains are expected. At this point, a prediction came from Cardano (ADA) founder Charles Hoskinson. After Bitcoin broke new records, Charles Hoskinson once again predicted a $250,000 price target for BTC. Bitcoin Bull Target!
With bitcoin BTC$117,594.08 trading at a record high above $117,000, some of its largest institutional holders are sitting on massive gains — and show no sign of planning to cash out. Strategy (MSTR), the software company turned bitcoin holding giant, owns nearly 600,000 BTC, according to BitcoinTreasuries.Net data, and has made an estimated $28 billion
Bitcoin, the leading cryptocurrency by market cap, briefly surpassed tech behemoth Amazon by market cap earlier today. The market cap of the top coin peaked at a whopping $2.36 trillion earlier this Friday. Several hours ago, the leading cryptocurrency reached its current all-time high of $118,667, according to CoinGecko data. Bitcoin briefly became the fifth-biggest
Satoshi Nakamoto, the mysterious creator of Bitcoin, has recently surpassed one of Europe’s most prominent billionaires in the global wealth rankings. According to blockchain analytics firm Arkham, Satoshi’s net worth increased significantly (more than $4 billion) when the Bitcoin price soared on Thursday, putting him ahead of Amancio Ortega, the creator of fashion behemoth Zara.