Strategy Adds Bitcoin During Market Pullback
Strategy added more bitcoin during the latest market pullback, extending a buying pattern that has continued through recent volatility and rising geopolitical tension. Summary Strategy bought 1,031 BTC at $74,326, raising its total bitcoin holdings to 762,099 BTC. The latest purchase was smaller than last week’s 22,337 BTC acquisition worth $1.57 billion. Bitcoin fell below
Core Scientific Secures $500M JPMorgan Financing for Growth
Core Scientific, a Nasdaq-listed company that operates data centers for Bitcoin mining and AI workloads, announced it has secured a total of $1 billion in strategic financing, including $500 million from JPMorgan. In a Monday statement, Core Scientific CEO Adam Sullivan said with the backing of Morgan Stanley and JPMorgan, the firm is well equipped
Ethereum Whales Return to Profitability; Market at Critical Inflection
Ethereum is holding above the $2,000 level as selling pressure begins to build again, placing the market at a critical inflection point after a short-lived recovery. While ETH has managed to stabilize above this psychological threshold, recent price action suggests that momentum remains fragile, with sellers gradually regaining control following the latest push higher. Despite
Traders Warn Bitcoin Could Slide Toward $50K as Gold Turns Bearish
Bitcoin (BTC) starts a new week facing fresh macro risks as gold plummets and traders wait for $50,000. BTC price action ends the week below a key trend line, and traders see little more than an early-week bounce for bulls. Price looks more and more like it is repeating January’s bear flag — and targets
Investigator Unmasks Fake X Accounts Driving Crypto Scams
Blockchain sleuth ZachXBT said on Monday he uncovered a coordinated network of accounts on X using exaggerated or fake war and geopolitical posts to lure users into crypto scams. The investigation identified more than 10 linked X accounts allegedly purchased with follower bases that pushed sensational content and scam links, according to an X thread
H100 to Buy Two Norwegian Bitcoin Firms, Will Hold ~3,500 BTC
Sweden-listed health-tech and Bitcoin (BTC) treasury company H100 Group has entered into a letter of intent (LOI) with the shareholders of privately-held Norwegian Bitcoin companies Moonshot and Never Say Die to acquire all shares of the target companies in exchange for newly issued H100 stock. The proposed transaction would be completed with newly issued H100
Bithumb Seeks to Reappoint CEO Amid Regulatory Scrutiny
Bithumb, South Korea’s second-largest cryptocurrency exchange by trading volume, is reportedly seeking to reappoint CEO Lee Jae-won despite recent alleged anti-money laundering failures and other controversies, according to the Korea Times. The exchange will convene its regular shareholders’ meeting on March 31, and a proposal to keep Lee in the top job will be put
Decentralized Messaging Grows Amid Global Unrest
Decentralized, blockchain-based messaging and social media apps saw a surge of interest over the last year amid civil unrest and communication blackouts in the Middle East, Asia and Africa. Search interest in decentralized social media has grown 145% over the last five years, according to Exploding Topics, while decentralized peer-to-peer messaging service Bitchat saw a
Boyaa Seeks $70M Crypto Buy to Boost Web3 Gaming
Boyaa Interactive International is the 23rd-largest Bitcoin treasury and the third-largest in Asia, behind Japan’s Metaplanet and China’s Next Technology Holding. Hong Kong-based Web3 gaming firm Boyaa Interactive International said it is seeking shareholder approval to expand its crypto treasury, planning up to $70 million in purchases over the next year. In a statement on
