Prenetics Acquires $20 Million In Bitcoin To Boost Healthcare Bitcoin Treasury Strategy
Prenetics Global Limited (NASDAQ:PRE) announced on Wednesday that it had completed a $20 million in Bitcoin (CRYPTO: BTC/USD) purchase of 187.42 BTC at an average price of $106,712 per Bitcoin via a Kraken custody account. The move follows divestitures that strengthened Prenetics’ pro-forma cash to approximately $66 million and...
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Blockchain Group Acquires 182 Bitcoin, Boosting Holdings To $170 Million
The Blockchain Group, a Paris-listed tech firm, has purchased 182 Bitcoin (CRYPTO: BTC) for €17 million ($19.6 million), increasing its total holdings to 1,653 BTC, valued at approximately €148.9 million ($171.36 million). The acquisition, funded through convertible bond issuances and share warrant conversions, reinforces the company’s strategy as Europe’s...
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Bitcoin Remains Below $105K as Iran’s Supreme Leader Responds to Trump’s Surrender Request
The tension in the Middle East doesn’t seem to be nearing a conclusive end as Iran’s Supreme Leader said his nation will not surrender despite US President Trump’s recommendations yesterday. In the meantime, BTC’s price continues to feel the consequences of yet another global turmoil as it fell below...
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GENIUS Act passage paves way for institutional stablecoin use
The GENIUS Act is one step closer to becoming law in a development that may make stablecoin issuers key players in the US economy....
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BlackRock buys $1.4B Bitcoin over six-day streak amid ETF boom
ETF issuer and asset management firm BlackRock is expanding its Bitcoin portfolio with billions of dollars in fresh investments. According to Arkham Intelligence data, on June 17, BlackRock purchased $250 million worth of Bitcoin (BTC). The acquisition is part of…...
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OpenPayd partners with Circle to deliver unified fiat and stablecoin infrastructure
Circle has partnered with financial infrastructure provider OpenPayd to deliver a unified platform for managing fiat and stablecoin transactions. OpenPayd, a financial infrastructure provider that processes more than €130 billion annually, has partnered with Circle, the issuer of USD Coin…...
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Bitcoin Bearish Move Is Over? Higher Lows Chart A Course To $115,482
Bitcoin is still trending above $100,000 despite having seen a turn toward negative sentiment in the last week. This suggests that this is the major level to hold for bulls, or the bullish trend would be invalidated. Amid this, there have been wild fluctuations in the daily trading volume...
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GENIUS Bill Passed Senate as Bessent Predicts $2T Stablecoin Market; Best Wallet Shines
Yesterday, in a 68–30 vote, the US Senate passed the GENIUS Act – the first significant legislation aimed at regulating stablecoins. Following this news, Treasury Secretary Scott Bessent stated his belief that the dollar-linked stablecoin market could hit an eye-watering $2T. But with regulation comes new rules, coupled with...
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Europe’s first Bitcoin Treasury adds nearly $20m worth of Bitcoin to its balance sheet
The first European Bitcoin Treasury company, The Blockchain Group, just purchased 17 million euros worth of BTC. This brings the company’s total holdings to a total of 1,653 BTC. In an official press release, The Blockchain Group declared that it…...
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Important Binance Announcement Affecting These Viral Meme Coins: Details
TL;DR The company made some amendments to its loan program. It also launched certain perpetual contracts with up to 50x leverage and announced upcoming delistings of select spot trading pairs. Additional Support for These Tokens The world’s biggest crypto exchange announced on its official website that clients can now...
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