Crypto
Search documents
Blockmate Ventures launches Bitcoin treasury division, acquires first token
Proactiveinvestors NA· 2025-07-24 15:38
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive has a strong focus on technology adoption, utilizing decades of expertise and experience among its content creators [4] - The company employs automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
In a First for the Industry, SharpLink Buys Almost 75,000 Ethereum. Here's Why Investors Should Take Note.
The Motley Fool· 2025-07-24 09:00
Core Insights - Ethereum's price has surged by 110% over the past three months, driven by optimism surrounding the Genius Act, which establishes a framework for stablecoins in the U.S. [1] - Institutional accumulation, particularly by companies adding Ethereum to their corporate treasuries, is a significant factor in this rally [2][12] Company Actions - SharpLink Gaming has purchased 74,656 Ethereum coins, increasing its total holdings to 280,706, valued at over $1 billion [2] - SharpLink's strategy includes developing an Ethereum treasury and appointing Joseph Lubin, a co-founder of Ethereum, as chairman [5] - The company raised approximately $425 million through a private investment in public equity (PIPE) funding round and an additional $64 million in at-the-market (ATM) sales to fund its Ethereum purchases [5] Industry Trends - There is a growing trend of companies adding Ethereum to their treasuries, with SharpLink being a pioneer in this movement [6][8] - Other companies, such as Bit Digital, BitMine, and GameSquare, have also begun acquiring Ethereum [8] - The SEC's clarification that staking cryptos are not automatically securities has encouraged companies to acquire Ethereum, potentially boosting prices [8] Market Dynamics - The ability to stake Ethereum provides companies with a way to generate returns without solely relying on price increases, adding stability to their investments [9] - Staking Ethereum contributes to network security, as it involves locking tokens to validate transactions, making the network more resistant to attacks [11] - Analysts suggest that SharpLink's acquisition and staking strategy may serve as a template for other companies, indicating a potential shift in corporate investment strategies [13]
NO ONE Is Prepared For What's About To Hit Crypto | XRP HBAR XLM & More!
NCashOfficial - Daily Crypto & Finance News· 2025-07-24 04:01
Ladies and gentlemen, we are less than one week out from one of the largest events for crypto and even for traditional finance. Now, we just got over a major correction in the markets. Was it that significant.Not really. I mean, listen, some of these old coins were down like 10 to 15% today, which technically for some people that might be a big deal, but if we look back at other cycles, we've talked about it. I even just did a live stream recently today where I was talking about how back in 2021, we witness ...
X @Bloomberg
Bloomberg· 2025-07-24 03:04
Stablecoins are hot and Hong Kong's crypto industry is fizzing with excitement. Here's how finance pros are positioning for a market opening. https://t.co/MswbEiTBjk ...
X @Decrypt
Decrypt· 2025-07-21 15:25
BitGo Is Latest Crypto Firm to File for IPO Following Circle's Massive Debut► https://t.co/bUcEPq6aI8 https://t.co/bUcEPq6aI8 ...
Bitcoin Depot Appoints Philip Brown as Chief Compliance Officer
Globenewswire· 2025-07-21 12:00
Core Insights - Bitcoin Depot has appointed Philip Brown as Chief Compliance Officer to enhance its compliance strategy amid rapid expansion [1][2][3] - Brown will oversee compliance programs including Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols, and will lead regulatory engagement efforts [2][3] - The company aims to strengthen its compliance infrastructure to adapt to evolving regulations and maintain a leadership position in the crypto industry [2][3][4] Company Overview - Bitcoin Depot is a leading Bitcoin ATM operator in the U.S., founded in 2016, with a mission to connect cash users to the digital financial system [5] - The company operates over 8,800 kiosk locations across 47 states, holding the largest market share in North America as of June 2025 [5] - Bitcoin Depot provides users with efficient means to convert cash into Bitcoin, facilitating payments, spending, and investing [5]
X @Ansem
Ansem 🧸💸· 2025-07-19 05:54
RT UpTop.meme (@uptopmeme)Official Announcement: UPTOP has officially signed a strategic merger framework agreement with NASDAQ listed company BIYA!At 9:00 AM New York time, U.S. listed company BIYA (NASDAQ: BIYA) released news declaring the signing of a strategic merger agreement with UPTOP project owner STARFISH TECHNOLOGY-FZE, headquartered in Dubai. This marks an important milestone in our journey to realize the vision of becoming the “world’s largest decentralized liquidity infrastructure.”BIYA’s news ...
X @TylerD 🧙♂️
TylerD 🧙♂️· 2025-07-18 22:22
Peter Thiel-backed ‘Bullish’ filed for IPODespite quarterly lossThey join Gemini and Grayscale amongst other crypto firms who have recently filed for potential IPOs https://t.co/3eFdv3RRls ...
3 Crypto Stocks to Watch as the House Passes the GENIUS Act
ZACKS· 2025-07-18 14:11
Group 1: Legislative Impact - The U.S. House of Representatives passed the GENIUS Act, establishing the first comprehensive federal framework for U.S. dollar-pegged stablecoins, which will be overseen by the Commodity Futures Trading Commission (CFTC) [1] - The Act mandates that stablecoin issuers back every digital token one-to-one with U.S. dollars, Treasury deposits, or short-term Treasuries, aiming to eliminate opaque reserve practices [2] - The Act extends U.S. jurisdiction to foreign issuers offering stablecoins to American users and prohibits algorithmic stablecoins from qualifying as "payment stablecoins" [3] Group 2: Market Reactions - Following the passage of the Act, shares of Galaxy Digital (GLXY), Robinhood Markets, Inc. (HOOD), and Riot Platforms, Inc. (RIOT) experienced significant gains, with GLXY and HOOD both rising 6.9% [10] - The reaction in crypto markets was swift, with Bitcoin (BTC) and Ethereum (ETH) maintaining near-record highs, attributed to newfound clarity in regulations [6] - Institutional players like JPMorgan, Bank of America, and others are exploring stablecoin issuance, indicating a surge of institutional momentum in the sector [3] Group 3: Company-Specific Developments - Galaxy Digital, which provides institutional custody and asset management aligned with compliant stablecoin frameworks, saw its earnings estimate improve by 69.3% over the past 60 days [7] - Robinhood Markets, despite stablecoins not being its core business, gained 2.1% post-bill passage, with a 7.4% improvement in its earnings estimate over the past 60 days [8] - Riot Platforms, a Bitcoin mining company, experienced a 6.1% stock jump, reflecting broader crypto optimism tied to anticipated legislation [9]