The ATOM token experienced notable volatility from June 24 15:00 to June 25 14:00, establishing key resistance at $4.14 and finding support around $3.99, with substantial trading volumes suggesting strong market interest at these price points. This price action comes as major institutional players like Nano Labs begin diversifying beyond Bitcoin, potentially unlocking fresh liquidity […]
Deep Sea Mining Firm Goes Deep on Bitcoin With $1.2B BTC Treasury Plan
Green Minerals (GEM), a Norwegian deep-sea mining firm, said Wednesday it bought four bitcoin BTC in its first purchase following Monday’s announcement of a $1.2 billion treasury strategy as it joins the ranks of companies including the largest cryptocurrency in its broader financial strategy. The company said it paid about 4.25 million Norwegian kroner ($420,000) […]
Asia Morning Briefing: Analysts Say BTC’s Long-Term Focus Is Easing War Jitters
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. After a tense weekend that saw the U.S. bomb an Iranian […]
Hut 8 Doubles Bitcoin-Backed Loan With Coinbase to $130M, Locks in Lower Rate
Bitcoin mining firm Hut 8 (HUT) said on Tuesday that it expanded its bitcoin-backed credit facility with Coinbase Credit to $130 million, up from $65 million. The amended agreement also comes with a fixed interest rate of 9% versus the previous floating rate of between 10.5% and 11.5%. The maturity of the facility was extended […]
SharpLink Gaming Boosts Ethereum Treasury to 188,478 ETH With $30M Purchase
SharpLink Gaming (SBET), a publicly-listed gaming tech company with a crypto strategy focused on ether ETH, said Tuesday it increased its treasury holdings of the second-largest cryptocurrency to 188,478 ETH. The Minneapolis-based firm bought 12,207 ETH for some $30.7 million between June 16 and June 20 at an average price of $2,513 per coin, according […]
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