Core Viewpoint - Addentax Group Corp. has entered into a memorandum of understanding for a potential strategic investment of US$200 million with Middle Eastern royal-backed institutional investors to support its AI and cryptocurrency initiatives [1] Group 1: Investment Details - The investment is structured as two separate MOUs, each investor intending to invest up to US$100 million by acquiring newly issued shares at a fixed price of US$1.50 per share [1] - The company and investors aim to negotiate definitive agreements within six months, which will include a share subscription agreement and related corporate approvals [1] Group 2: Strategic Collaboration - Discussions are ongoing regarding a potential strategic collaboration to advance the company's initiatives in AI and cryptocurrency financial services [1] - The collaboration aims to leverage Addentax's technological expertise and market presence, particularly in Hong Kong, alongside the investors' industry resources and regulatory insights [1] Group 3: Growth Potential - If the investment is finalized, it is expected to strengthen Addentax's balance sheet and provide capital for scaling AI-driven financial technology platforms and expanding compliant cryptocurrency services [1] - The proposed investment reflects the investors' interest in Addentax's business model and long-term growth strategy [1]

RT CoinDesk Data & Indices (@CoinDeskMarkets)The CoinDesk 20 is currently trading at 1968.37, down 3.4% (-69.59) since 4 p.m. ET on Monday.None of the 20 assets are trading higher.Leaders: $CRO (-1.1%) and $BCH (-2.1%).Laggards: $APT (-5.5%) and $ETH (-5.4%).https://t.co/TIeM3LoywW ...

Core Insights - Solana has experienced significant price pressure, reaching levels not seen in nearly two years, primarily due to broader market weakness [1] - Early signs of stabilization are emerging, suggesting a potential recovery that could push the price back toward or beyond the $100 mark [1] Valuation Metrics - On-chain valuation metrics indicate that Solana is deeply undervalued, with the Market Value to Realized Value (MVRV) ratio at a near two-and-a-half-year low, reflecting unrealized losses among holders [2][3] - Currently, only 21.9% of Solana addresses are in profit, indicating that approximately 78.1% of holders are underwater, a condition historically associated with market bottoms [8] Historical Context - Historical patterns suggest that conditions where realized value exceeds market value often lead to diminished selling pressure, as investors are less inclined to exit at a loss [3] - Previous cycles show that profitability dropping near or below 20% has preceded notable recoveries, as reduced profit-taking limits supply and lower prices attract value-oriented participants [9] Price Analysis - Solana is currently trading near $86, above the 23.6% Fibonacci retracement level, which is considered bear market support [10] - A decisive move above $90 could set Solana on a recovery path toward $100, with confirmation expected if the price flips the 61.8% Fibonacci level near $105 into support [12] - Current stabilization suggests that SOL may be forming a bottom, with the Chaikin Money Flow indicator showing an uptick, indicating that selling pressure is easing [11]

JUST IN: 🇪🇺🇷🇺 European Union proposes banning all crypto transactions with Russia to prevent sanctions evasion. https://t.co/4FlGZJJorB ...

We're making comprehensive, real-time crypto market data accessible to AI agents 🤖CoinGecko API now supports x402, the open payment protocol developed by @coinbase that lets AI agents (such as @openclaw 🦞) pay for crypto price and market data using USDC.Learn how it works 👇https://t.co/azMR1dxLq8 ...

🚨 🚨 🚨 🚨 🚨 🚨 2,000 #BTC (137,982,858 USD) transferred from unknown wallet to unknown wallethttps://t.co/I9Jjx6k8O5 ...

https://t.co/71ILG94TqJ ...

$68,785.34#Bitcoin https://t.co/YLuibrV0jZ ...

Cryptocurrency exchange and wallet provider Blockchain.com has won regulatory approval in the U.K nearly four years after seemingly giving up. Blockchain.com was added to the Financial Conduct Authority's (FCA) registry of licensed crypto companies on Tuesday under its trading name "BC Operations." The London-based company elected to withdraw its application for FCA licensing in March 2022 having not won approval ahead of an impending deadline. Blockchain.com pivoted to its registered business in Lithua ...

💥BREAKING: BlackRock deposits another 3,402 $BTC ($234.3M) and 30,216 $ETH ($60.83M) to Coinbase https://t.co/YsEGHxfVYc ...