Well, Bitcoin has been on a tear in 2025, up nearly 15% and notching all-time highs. But comparatively, altcoins, they have lagged with the market vector digital asset 100 small cap index showing over $300 billion of market value wiped out. For more, I want to bring in Noel Aches, who is the author of crypto is macro now Substack.Great to have you here with us. So, first just just take us into your assessment of why altcoins are seeing this move while Bitcoin is notching new record highs over the course of ...

Investment Rating - The report does not explicitly provide an investment rating for the stablecoin industry or specific companies involved in it. Core Insights - The stablecoin market has seen significant growth, with total market capitalization increasing from approximately US$3 billion in 2019 to over US$230 billion by 2Q25. The market is projected to reach US$2 trillion by 2028, with potential estimates as high as US$3.7 trillion by the end of the decade [8][10][20]. - The Hong Kong SAR government aims to establish the city as a global hub for digital assets, with stablecoins being a crucial component of this strategy. The development of stablecoins is expected to facilitate various payment scenarios, including cross-border transactions and digital financial asset transactions [1][20]. - Key players in the stablecoin ecosystem include issuers, exchanges, custodians, payment channels, blockchain networks, and brokers, each with distinct roles and monetization strategies [14][18]. Summary by Sections Market Overview - The stablecoin market is currently dominated by fiat-backed stablecoins, with USDT and USDC capturing 66% and 26% of the market share, respectively [8][9]. - The growth prospects for stablecoins are closely tied to the adoption of digital assets in various payment scenarios, including B2B, B2C, and C2C transactions [1][20]. Regulatory Framework - The report outlines similarities and differences between stablecoin regulations in the US and Hong Kong, emphasizing the need for regulatory supervision and adequate consumer protection [18][19]. - Hong Kong's Stablecoin Bill is set to take effect on August 1, 2025, with the Hong Kong Monetary Authority (HKMA) as the primary regulator [19]. Utilization and Features - Potential features of Hong Kong's stablecoins include being primarily referenced to HKD, maintaining liquid and low-risk reserve assets, and requiring all ecosystem players to be licensed [23][24]. - Key use cases for stablecoins in Hong Kong include facilitating digital asset transactions, trade finance, and cross-border payments [24]. Company Involvement - Companies such as Standard Chartered, Futu, ZhongAn, and JD.com are actively participating in the stablecoin ecosystem, with various strategies to secure licenses and develop digital asset solutions [25][30][31]. - The report notes that only Futu and Standard Chartered have initiated monetization efforts, with digital asset revenue contributions currently being immaterial but expected to ramp up upon obtaining relevant licenses [26][32]. Equity Implications - The rising adoption of stablecoins is anticipated to benefit companies in the communications services and discretionary sectors, particularly e-tailing platforms, while traditional payment service providers may face declining transaction volumes [34].

Core Business Overview - Dogecoin Cash Inc. (DOGP) is a publicly traded company that operates in the cannabis telemedicine sector and blockchain innovation, holding a patented cannabis strain and product for hypertension treatment [6][7] - The company focuses on developing and commercializing cannabis-based products, including CBD-infused wellness solutions and pharmaceutical-grade formulations, while seeking to expand its portfolio through strategic partnerships and acquisitions [7] Blockchain and Digital Asset Strategy - Dogecoin Cash Inc. is actively exploring blockchain technology and decentralized finance (DeFi) applications, aiming to enhance transparency, security, and efficiency in cannabis supply chains and financial transactions [8][11] - The company is assessing potential utility tokens, NFTs, and other crypto-related ventures that align with its long-term vision [9] Recent Acquisition - MEME COINS INC., a subsidiary of Dogecoin Cash Inc., has entered into an agreement to acquire 2 billion Dogecoin Cash (DOG) tokens, which will double its total DOG holdings to approximately 4.02 billion tokens without any dilution [1][3] - In exchange for the DOG tokens, MEME COINS INC. will issue 250,000 shares of Preferred Stock to Tipestry, Inc., maintaining its status as a wholly controlled subsidiary of DOGP [2][3] Strategic Growth Initiatives - Dogecoin Cash Inc. is committed to pursuing strategic mergers, acquisitions, and joint ventures to enhance its influence in both the cannabis and blockchain sectors [10] - The company aims to broaden its investor base and diversify revenue streams while leveraging emerging technologies to drive growth [11]

Core Viewpoint - Bitcoin Depot has purchased additional Bitcoin, bringing its total holdings to over 100 BTC as part of its long-term growth strategy, reinforcing its belief in Bitcoin as a strategic asset and store of value [1][2][3] Company Strategy - The recent purchase follows earlier acquisitions of 51 and 11 BTC in February 2025, indicating a consistent strategy to expand its treasury [2] - CEO Brandon Mintz emphasized that Bitcoin is a foundational piece of the company's long-term growth strategy, aligning with the evolving digital asset landscape [3] Market Position - Bitcoin Depot operates the largest Bitcoin ATM network in North America, with over 8,500 locations, and has recently acquired assets from regional operator Pelicoin to strengthen its market leadership [4] - The company is committed to enabling access to Bitcoin and expanding its international footprint [3][4] Industry Context - The announcement comes amid significant momentum in the Bitcoin market in 2025, characterized by policy clarity, growing institutional demand, and a recent all-time price high exceeding $111,000 [3]

Anyone who tells you that there can be only one store of value has an agenda. There's gold, there's diamonds, there's real estate, there's US dollars for many decades. And all these things aren't guaranteed stores of value.So, I don't know if I would want to be a special snowflake. Snowflakes are brittle. Along can come something that has a lot of productive utility and yielding power.And if you squint, has been going up for about a decade and is likely to keep going up. While it may be very volatile in bot ...

Core Insights - Spirit Blockchain Capital Inc. reported key milestones and unaudited financial results for Q1 2025, highlighting progress in financing, product launches, and operational capabilities [1][3] Financial Performance - The company completed a CAD $2.11 million Listed Issuer Financing Exemption Offering in February 2025 to strengthen its balance sheet [6] - Cash and cash equivalents at the end of the quarter were CAD $1,118,585, an increase from CAD $929,194 at year-end 2024, with a working capital surplus of CAD $729,781 [6] - The entire EOS-tranche of convertible debentures amounting to CAD $1,105,024 was converted into equity, eliminating related interest and derivative liabilities [6] Product Development - On March 27, 2025, Spirit Digital AG launched the Spirit Ethereum Yield+ ETP and Spirit Solana Yield+ ETP on SIX Swiss Exchange and Deutsche Börse, providing regulated, exchange-listed vehicles for ETH and SOL staking strategies [6] Market Positioning - The company upgraded to the OTCQB® Venture Market under the ticker "SBLCF" on April 22, 2025, enhancing access for U.S. investors [6] - Inder Saini was appointed as CFO to strengthen financial controls, and a strategic partnership was formed with Astralane to develop a Staked SOL Index [6] Company Overview - Spirit Blockchain Capital Inc. focuses on blockchain infrastructure and digital asset yield opportunities through three verticals: infrastructure yield, blockchain investments, and regulated exchange-listed products [3]

Core Insights - ThreeD Capital Inc. reported its unaudited financial results for the three and nine months ended March 31, 2025, highlighting a focus on opportunistic investments in junior resources and disruptive technologies sectors [1][6] - The company experienced a decline in net asset value per share, dropping to $0.53 from $0.86 as of June 30, 2024 [2] Financial Highlights - As of March 31, 2025, the company had cash, investments, and digital assets totaling $37.4 million [1] - For the three months ended March 31, 2025, net investment and digital assets losses were reported at $(5,463,310), compared to gains of $4,486,530 in the same period of 2024 [2] - Operating, general, and administrative expenses for the nine months ended March 31, 2025, were $(2,812,064), an increase from $(2,581,273) in the previous year [2] - Total comprehensive loss for the period was $(5,463,838) for the three months ended March 31, 2025, compared to a gain of $3,708,589 in the same period of 2024 [2] Consolidated Financial Position - Total assets as of March 31, 2025, were $41,016,482, down from $56,174,715 as of June 30, 2024 [3] - Total liabilities decreased significantly to $633,307 from $11,455,313 [3] - The company reported a deficit of $(116,507,660) as of March 31, 2025, compared to $(107,729,192) as of June 30, 2024 [3] Management Commentary - The Chairman and CEO noted that despite the losses, the company's portfolio remains fundamentally strong, with key investments in micropayments, artificial intelligence, and digital assets achieving significant milestones [3]

Group 1 - Top Win International Limited is transitioning into the digital asset space, rebranding itself as "AsiaStrategy" and partnering with Sora Ventures to focus on a Bitcoin-centric asset strategy targeting the rapidly growing crypto and Web3 market in Asia [1][2]. - Asia is identified as a hotspot for blockchain technology and the Web3 revolution, with Top Win recognizing the region's technological adoption and policy development as fertile ground for digital asset investments [2]. - The collaboration with Sora Ventures aims to create an Asian version of "MicroStrategy," leveraging Sora's experience in Bitcoin investments to enhance Bitcoin treasury management and explore opportunities in DeFi, GameFi, NFTs, and decentralized science [3]. Group 2 - Jason Fang, founder of Sora Ventures, will join Top Win's board as co-CEO alongside current CEO Tony Ngai, bringing strategic insight and accelerating the company's transformation by combining traditional business structures with Web3 innovation [4]. - The name change to "AsiaStrategy" is pending shareholder approval and aims to reflect the company's new positioning and commitment to transitioning into the digital and blockchain economy [5]. - Top Win, founded in 2001 and headquartered in Hong Kong, is known for trading and retailing luxury watches and will officially enter the Web3 space in 2025, focusing on digital asset investment and Bitcoin treasury management [6].

Core Insights - Vocodia Holdings Corp. has secured up to $3 million in funding to enter the digital asset space [1][2] - The funding will be utilized to acquire select digital assets, aligning with the company's long-term technology and investment strategy [2] - Vocodia's proprietary Predictive AI tools will guide asset selection and risk management to build a diversified portfolio [2][3] Company Overview - Vocodia is an AI software company that develops practical AI solutions accessible for businesses through cloud-based platforms [3] - The company specializes in conversational AI, providing scalable enterprise-level AI sales and customer service solutions [3] - Vocodia's Digital Intelligent Sales Agents (DISAs) are designed to perform human-like tasks, reducing labor costs and enhancing communication effectiveness [3]

Which digital asset dominates your #crypto collection? 🏆 ...