Corporate demand for Bitcoin continues despite its volatile price performance, as Strategy and Metaplanet both expanded their holdings in late August.
On Aug. 25, the two companies announced that they acquired more than 3,100 BTC, reflecting how institutional treasuries directly reduce available supply and shape market liquidity.
Strategy’s first major purchase in August
Strategy, the world’s...
Digital asset investment products recorded their most significant withdrawal in months last week, with outflows totaling $1.43 billion, CoinShares‘ latest weekly report revealed.
CoinShares reported that the sell-off marked the third-largest outflow of the year and the biggest since March. According to the firm, trading activity also intensified last week, with exchange-traded products (ETPs)...
BitMine, an Ethereum-focused firm, announced that its shares have become one of the most heavily traded equities in the United States.
In its Aug. 25 disclosure, the company referenced Fundstrat data showing that its stock recorded an average daily trading volume of $2.8 billion over the five trading days ending Aug. 24.
That figure placed BitMine 20th nationwide, behind Coinbase at 19th, while...
Canary Capital has submitted plans to the US Securities and Exchange Commission (SEC) for a new product called the Canary American-Made Crypto ETF.
According to an Aug. 25 filing, the proposed spot fund would limit its holdings to digital assets with strong US ties. That includes cryptocurrencies developed in the country, tokens predominantly minted or mined domestically, and networks with most...
The World Federation of Exchanges (WFE) has called on financial regulators to tighten oversight of tokenized stocks, warning that the products could expose investors to hidden risks and undermine trust in traditional markets.
Reuters reported on Aug. 25 that WFE warned that tokenized equities replicate the appearance of stocks without conferring the same rights or protections that shareholders...
The last stretch of August has produced a sharp divergence between spot Bitcoin and Ethereum ETFs. Bitcoin ETFs recorded six consecutive days of outflows, draining nearly $2 billion from funds between Aug. 19 and Aug. 22 alone.
In contrast, Ethereum ETFs posted two days of inflows after enduring several red sessions, indicating that investor interest spiked during ETH’s latest price upswing....
Bitcoin slipped to its weakest level in more than a month after a major investor began unloading thousands of coins in favor of Ethereum.
Data from CryptoSlate show the asset trading at roughly $111,600 on Monday, down nearly 3% in a single day and its lowest mark since early July.
The sell-off erased gains from just a week earlier, when Bitcoin briefly rallied above $117,000 on speculation the...
Galaxy Digital, Multicoin Capital, and Jump Crypto are seeking about $1 billion to assemble a Solana treasury through a public company vehicle, according to Bloomberg, with Cantor Fitzgerald engaged as lead banker and a takeover of a listed entity contemplated for the structure.
The effort, described as ongoing talks, would create what the report characterizes as the largest dedicated SOL...
Japan’s SBI Group has entered into a strategic partnership with Chainlink to accelerate blockchain adoption, digital asset growth, and tokenization across Japan and the broader Asia-Pacific region.
The collaboration, announced on Aug. 24, combines SBI’s financial market expertise with Chainlink’s widely used infrastructure for data, interoperability, and institutional-grade DeFi applications....
Crypto liquidations reached $806.44 million in the past 24 hours, wiping out leveraged positions at a scale not seen in weeks.
The liquidation cascade followed a steep drawdown in prices: Bitcoin fell from an opening level of $114,163 to a close near $111,931, with intraday extremes stretching from $114,373 down to $110,802.
Ethereum mirrored this move, sliding from $4,784 to $4,635, with a...