Asia-based stablecoin trading and payment platform OSL Group has raised $200m (HK$1.56bn) in equity financing to strengthen the company financial position. The company said that the net proceeds will go toward strategic acquisitions. The company also plans to invest in global growth across payments and stablecoins. It will also fund product and technology infrastructure work and use a part of the funding as general working capital. OSL said the financing builds on steps taken in 2025 to develop a compl ...

Core Insights - An eight-year Bitcoin holder resumed selling, depositing 1,176 BTC valued at $136.2 million to the Hyperliquid trading platform as Bitcoin tested resistance levels around $116,000 [1] - The selling activity is attributed to two significant whales that previously prevented Bitcoin from reaching $150,000, with one whale eliminated and another undergoing liquidations [2] - Dormant Bitcoin addresses from 2011-2012 have recently become active, contributing to selling pressure and Bitcoin's difficulty in maintaining momentum above previous highs [2] Whale Activity - The whale's ETH-BTC arbitrage position is currently facing losses of approximately 460 BTC worth $53 million, as the ETH/BTC ratio has remained below 0.05 since July 2024 [3] - The whale still controls 49,634 BTC valued at $5.43 billion across four addresses after the recent deposit [4] - Previous whale transactions have demonstrated sophisticated market timing, with one holder selling 24,000 BTC worth $2.7 billion, causing Bitcoin's price to drop from $115,000 to $111,000 [4] Market Dynamics - An early adopter rotated 400 BTC worth approximately $45.5 million into leveraged Ethereum positions, utilizing 3x and 10x leverage across four wallets [5] - Dormant wallet activations have increased, with addresses inactive since 2011-2013 transferring Bitcoin to exchanges like Kraken [5] - One wallet holding 445 BTC made its first transaction in nearly 13 years, while another with 480 BTC moved funds for the first time since 2012 [6]

Group 1 - Bittam Coin Shield is a mobile app for trading cryptocurrencies like Bitcoin and Ethereum, backed by a legitimate investment institution in Singapore and holds financial licenses in the US, Canada, and Australia [1][2] - The platform offers transparent trading with zero slippage, meaning the displayed price is the actual transaction price [1][3] - Security is a strong point, as most user cryptocurrencies are stored in offline wallets, making them less vulnerable to hacking [1][3] Group 2 - The platform is user-friendly, designed for easy navigation, and supports multiple languages, making it accessible to a global audience [3][4] - Users can engage in cryptocurrency contract trading, predicting price movements to make profits, similar to stock trading but with key differences [3][4] - The platform has a low entry barrier, allowing users to start trading with minimal investment, and operates 24/7 without fixed trading hours [5] Group 3 - Bittam Coin Shield is suitable for both beginners and experienced traders, offering a simple interface for novices and fast trading speeds for seasoned users [5] - The platform emphasizes safety, having multiple financial licenses, and encourages users to start with small amounts and be prepared for potential losses [5]