Workflow
Cryptocurrency
icon
Search documents
Remittix Confirms Native Solana Integration Ahead of RTX Wallet Launch in Q3 2025
GlobeNewswire News Room· 2025-07-11 17:00
Core Insights - Remittix is set to launch its RTX Wallet with native Solana integration in Q3 2025, allowing users to swap Solana and SPL stablecoins into local currencies instantly [2][8] - The integration aims to enhance transaction speed, reduce settlement fees, and improve usability for both consumers and merchants [3][4] - Remittix has raised over $16 million in presale commitments, with plans to reach an $18 million soft cap soon [4][8] Product Features - The RTX Wallet will support Bitcoin, Ethereum, and XRP alongside Solana, enabling quick conversions of digital assets into local cash [2][8] - It features a simplified user interface for easy cryptocurrency conversion and a dual-key security system for enhanced user control [5] - Built-in merchant features include automated tax savings and spare-change rounding to facilitate micro-savings [5] Upcoming Developments - The public Android beta is scheduled for launch in August 2025, with a freelancer plug-in for instant invoicing and settlement planned for October [7] - Licensing approvals are nearing completion in Brazil and Kenya, which are key markets for cross-border transfers [7][6]
X @Coinbase 🛡️
Coinbase 🛡️· 2025-07-11 16:58
Alex took over our account for an hour. Now we're taking him over forever.Welcome to Coinbase, @AlexOnchain.(Legally we're required to point out that Alex has not technically joined forever and has a very normal employment contract with the company.)Alex (@AlexOnchain):I have a confession: I’ve actually joined @coinbase full time as CT LeadNormal job announcements are boring. I had to do something different, and a twitter takeover felt rightSo, why Coinbase?They’re the best in the industry. But, they’ve bee ...
Bitcoin Tops $118K: ETFs to Make the Most of the Rally
ZACKS· 2025-07-11 16:01
Core Insights - Bitcoin has reached a new all-time high, surpassing $118,000, driven by institutional demand, spot Bitcoin ETF inflows, and optimism around global crypto adoption [1][2] - The perception of Bitcoin as a safe-haven asset has grown amid global economic and geopolitical uncertainty, with Bitcoin up approximately 26% since the start of 2025 [2][8] Institutional Demand & ETF Inflows - Institutional investors have shown sustained interest in Bitcoin, with Bitcoin ETFs gathering $7.1 billion in capital over the past five trading sessions, marking one of the largest weekly inflows in 2025 [3] - Total inflows into Bitcoin ETFs have reached $50.1 billion since their launch last year, with $14.9 billion accumulated so far this year [3] Corporate Participation - Trump Media & Technology Group is preparing to launch a crypto-focused ETF that will invest in multiple tokens, including Bitcoin [4] - Companies like MicroStrategy (MSTR) and GameStop (GME) are increasing their Bitcoin holdings on their balance sheets [4] Options Market Activity - The options market shows bullish momentum, with open interest concentrated around call options at the $115,000 and $120,000 strike levels, indicating investor optimism [5] Regulatory Developments - The Trump administration has approved the creation of a strategic Bitcoin reserve, reflecting a pro-crypto regulatory stance [6] - Upcoming "Crypto Week" is expected to boost Bitcoin, with U.S. lawmakers advancing key bills to establish a regulatory framework for digital assets [6][7] Macroeconomic Context - Bitcoin is increasingly viewed as a hedge against inflation and geopolitical uncertainty, particularly amid ongoing tensions in Eastern Europe and Asia [8] Market Outlook - The recent rally in Bitcoin highlights a resurgence in investor confidence, especially from institutional players seeking exposure to digital assets [9] - Analysts suggest that with improving regulatory clarity and rising demand, the crypto bull cycle may have further potential [9] ETF Details - **BlackRock iShares Bitcoin Trust (IBIT)**: AUM of $76.3 billion, average daily volume of 43 million shares, charges 25 bps in annual fees [10] - **Fidelity Wise Origin Bitcoin Trust (FBTC)**: AUM of $22.2 billion, average daily volume of 2.5 million shares, charges 25 bps in annual fees [11] - **Grayscale Bitcoin Trust (GBTC)**: AUM of $20 billion, average daily volume of 2 million shares, charges 1.50% in annual fees [12] - **ARK 21Shares Bitcoin ETF (ARKB)**: AUM of $5.2 billion, average daily volume of 2 million shares, expense ratio of 0.21% [13] - **Grayscale Bitcoin Mini Trust ETF (BTC)**: AUM of $5 billion, average daily volume of 951,000 shares, charges 15 bps in annual fees [14]
X @Ash Crypto
Ash Crypto· 2025-07-11 15:36
Hey guys, one of the biggest global TradFi derivatives platforms is now bringing crypto trading to the masses.Multibank Group will be launching its first-ever utility token called $MBG.Key Things you need to know:➡️ $MBG is backed by $29B in assets across their 4 business pillars and a $440M buyback & burn program.➡️ Tied to $35B+ in daily trading volumeWho’s behind it?✅ MultiBank Group – a global TradFi powerhouse:➡️ $583M+ in net assets➡️ 2M+ traders in 90 countries➡️ 17 regulatory licensesThis is TradFi ...
稳定币龙头Circle股价走低,截至发稿,该股跌超8%。
news flash· 2025-07-11 15:04
稳定币龙头 Circle股价走低,截至发稿,该股跌超8%。 ...
Anon Announces Private Placement and Corporate Update
Thenewswire· 2025-07-11 13:30
Core Viewpoint - Anonymous Intelligence Company Inc. is expanding its business strategy by developing SimpliiCrypto, an early-stage cryptocurrency project, under the leadership of CEO Denis Franks [1][2] Group 1: Business Strategy and Developments - The company is undertaking a non-brokered private placement of up to 5,000,000 units at a price of $0.15 per unit, aiming for gross proceeds of up to $750,000 [3] - The net proceeds from the offering will be used to broaden the technology business strategy, including cryptocurrency staking, mining, blockchain technology, and the development of decentralized applications [4] - A portion of the proceeds will be invested in a globally recognized cryptocurrency, with plans to stake the tokens quarterly to generate revenue [5] Group 2: Strategic Alliances - The company is seeking further strategic opportunities involving cryptocurrency-related assets through cash and equity arrangements [6] - ANON has entered into a strategic alliance with CannÖgen International, which focuses on health and wellness products, to secure appreciating assets that support shareholder value [7][8] - CannÖgen has issued ANON 444,444 warrants exercisable into common shares at a price of $0.1125 per share for two years, and ANON holds approximately a 1% ownership interest in CannÖgen [9] Group 3: Product Development - ANON is advancing the development of its proprietary Software Development Kit (SDK) and Virtual Private Network (VPN), which are being rebranded as Simplii Ai and Simplii VPN [10] - Under Mr. Franks' leadership, the company has significantly increased its market capitalization and improved its balance sheet by reducing over $350,000 in outstanding debt [11]
Bitget 年度交易大赛 KCGI 启动,奖金池达 600 万美元
Globenewswire· 2025-07-11 13:04
最令人兴奋的加密货币交易锦标赛之一现已开始报名 塞舌尔维多利亚, July 11, 2025 (GLOBE NEWSWIRE) -- 领先的加密货币交易所和 Web3 公司 Bitget 正式开放了其 KCGI 2025 大赛的报名通道,该大赛是今年最受期待的交易大赛,设有总额达 600 万泰达币 (USDT) 的巨额奖金池,此外还设立了全新的环节和早鸟奖励,使得早早报名成为制胜之举。 从团队战斗到机器人对决,KCGI 2025 不仅是一场普通的锦标赛,更将是一场盛会。今年的比赛通过设立增强挑战模式、基于地区的排行榜以及对从战略队长到高速新人的所有人的激励措施,将竞争提升到了一个新的水平。无论是策略娴熟的专家选手,还是想要证明自己的新人,比赛都已经开始。总有一个位置是为你准备的。 Bitget 首席执行官 Gracy Chen 表示:“每年,我们都会在 KCGI 比赛中见证来自全球各地的交易员制定战略、实现同步和创新, 其中涉及大量的社区互动和团队合作,KCGI 也是我们向顶级的交易员表达感谢的一种方式。即便如此,我们也非常高兴地宣布今年的比赛正式启动,今年比赛的总奖金达到了 600 万泰达币,此外,一系列充 ...
Upexi, Inc. Announces Pricing of $200 Million Concurrent Private Placement of Common Stock and Convertible Notes both Priced above the At-the-Market Price under Nasdaq Rules
Globenewswire· 2025-07-11 12:30
Core Viewpoint - Upexi, Inc. has announced two significant capital-raising initiatives: an Equity Offering and a Note Offering, aimed at funding its business operations and expanding its cryptocurrency portfolio, particularly in Solana assets [1][3][6]. Equity Offering - The company has entered into securities purchase agreements for the sale of 12,457,186 shares of common stock at a price of $4.00 per share, generating approximately $50 million in gross proceeds before expenses [1][2]. - The closing of the Equity Offering is expected around July 14, 2025, pending customary closing conditions [2][5]. - Proceeds from the Equity Offering will be used for business operations, working capital, and to support the company's Solana treasury strategy [2][6]. Note Offering - Concurrently, Upexi has entered into agreements for the purchase of Convertible Notes with an aggregate principal amount of approximately $150 million, collateralized by Solana (SOL) [3][4]. - The Convertible Notes carry a 2.0% interest rate, payable quarterly, with a fixed conversion price of $4.25 per share and a maturity of 24 months [4][5]. - The closing of the Note Offering is anticipated around July 16, 2025, also subject to customary closing conditions [5]. Cryptocurrency Strategy - Upon closing the Note Offering, the company expects to hold approximately 1.65 million SOL, more than doubling its previously disclosed balance of 735,692 SOL [6]. - The net proceeds from the Equity Offering will be allocated to acquiring additional SOL in the coming weeks [6]. Company Overview - Upexi, Inc. specializes in the development, manufacturing, and distribution of consumer products and has diversified into the cryptocurrency sector [9].
Bitcoin Hits New Highs: 6 Reasons Why the ETF Rally Could Continue
ZACKS· 2025-07-11 12:16
Group 1: Bitcoin Market Performance - Bitcoin reached a new all-time high of over $117,000 on July 11, 2025, driven by bullish momentum in risk assets and its correlation with tech stocks like NVIDIA, which recently achieved a $4 trillion valuation [1] - The iShares Bitcoin Trust ETF (IBIT) has increased by 15% this year, with a 4.3% gain in the past month, benefiting from favorable policy signals and tightening supply [2] - Bitcoin's recent performance is seen as a pressure release rather than a full-scale bull run, maintaining a tight $10,000 range over the past two months before the breakout [3] Group 2: Regulatory Environment and Institutional Adoption - Bitcoin's breakout coincides with Congress's "Crypto Week," where key regulations, including the GENIUS Act for a federal stablecoin framework, will be debated [4] - Positive outcomes from regulatory discussions may enhance institutional inflows into Bitcoin, with shares of Circle CRCL rising over 500% since their IPO [5] - Corporate adoption of Bitcoin is expanding, with companies like GameStop and Goldman Sachs increasing their Bitcoin ETF holdings, enhancing institutional credibility [8] Group 3: Bitcoin as an Inflation Hedge - Bitcoin is viewed as a hedge against inflation due to its fixed supply cap of 21 million coins, which may help it retain value amid increasing fiat issuance and potential global inflation from tariffs [7] - Bitcoin has gained 26.4% this year, outperforming the SPDR S&P 500 ETF Trust (SPY), which gained 7%, showcasing its strength amid market uncertainties [6] Group 4: Interest Rate Outlook - Potential rate cuts later this year could favor risk-on assets like Bitcoin, as lower rates reduce the opportunity cost of holding non-yielding assets [9][10] Group 5: Bitcoin Miners and AI Infrastructure - Bitcoin miners are pivoting to AI infrastructure, leveraging their data centers for more profitable ventures compared to traditional Bitcoin mining [12] - Companies like Bitfarms are well-positioned to meet the rising energy and space demands of AI computing, given their experience in building large facilities [13] Group 6: Investment Products for Risk-Averse Investors - New Bitcoin buffer ETFs have been launched to make Bitcoin more accessible to risk-averse investors, providing downside protection amid volatility [14][15]
SharpLink Gaming Completes Direct Purchase of 10,000 ETH from The Ethereum Foundation
GlobeNewswire News Room· 2025-07-11 12:00
Core Insights - SharpLink Gaming, Inc. has entered into a definitive agreement with the Ethereum Foundation to purchase 10,000 ETH for $25,723,680, marking a significant commitment to Ethereum as its primary treasury reserve asset [1][4] - The purchase price per ETH was $2,572.37, and the transaction was completed on July 10, 2025 [1] Company Overview - SharpLink Gaming, Inc. is headquartered in Minneapolis, Minnesota, and is recognized as the largest publicly traded company adopting Ethereum as its primary treasury reserve asset, aligning with the future of digital capital [4] - The company aims to transform the multi-billion-dollar iGaming industry by leveraging smart contracts, DeFi protocols, and Web3 infrastructure to create scalable, secure, and transparent solutions [5] Industry Context - The Ethereum Foundation, based in Zug, Switzerland, plays a crucial role in supporting the development and growth of the Ethereum protocol, which is essential for smart contracts and decentralized applications [2] - Ethereum is considered the leading blockchain platform for the evolving Web3 economy, highlighting its significance in the digital asset landscape [2]