DDC Enterprise Limited, an e-commerce firm best known as a leading Asian food company listed on the New York Stock Exchange, has announced a $100 million strategic partnership with web3 company Animoca Brands. The companies said in an announcement that they had signed a non-binding memorandum of understanding that will see DDC tap into a
Bitcoin (BTC) has skyrocketed past the $118,000 record high mark, and analysts are predicting the asset is likely to reach $140,000 soon. According to insights from TradingShot, this latest surge resembles previous upward trends recorded at the end of 2023. In those earlier instances, Bitcoin underwent a sharp correction of approximately 32% over 112 days
Bitcoin (BTC) has been creating all-time highs in the last two days due to increased demand from both retail and institutional traders. As of writing, the Bitcoin price was trading at $117,764, just 0.85% below the newly formed ATH of $118,856. A major ratio comparing BTC’s performance to that of the US dollar signals that
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Just 11 days into the year’s second half and we’ve already seen bitcoin hit several new all-time highs — most recently eclipsing $118,000. With a new bitcoin ATH marked on the 2025 second-half crypto bingo card, what more could we see
Dow Jones fell on Trump’s threats against more countries, tech stocks fared better, while the crypto market saw a bull run. Stocks are down as Trump once again escalated trade tensions, while crypto is doing great. On Friday, July 11, the Dow Jones was down 286 points, or 0.64%, while the S&P 500 slipped 0.30%.
The cryptocurrency world is abuzz. Bitcoin (BTC) recently surged past $118,000, marking a new all-time high (ATH) that sent ripples of excitement across the market. Yet, amidst this euphoria, a fascinating insight from on-chain analytics firm Glassnode offers a more nuanced perspective. Their latest report on X reveals that despite the price milestone, the Long-Term
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