Tag: Bitcoin

  • Genius Group Increases Bitcoin Holdings by 52%, Now Holds Over 100 BTC Worth $10 Million

    Genius Group Increases Bitcoin Holdings by 52%, Now Holds Over 100 BTC Worth $10 Million

    Singapore-based Genius Group Boosts Crypto Treasury Amid Bullish Market Trend Genius Group, a Nasdaq-listed edtech and entrepreneurial education company, has significantly expanded its Bitcoin holdings. According to a report dated June 17, the company increased its Bitcoin treasury by 52%, pushing its total holdings beyond 100 BTC — currently valued at over $10 million. This…

  • Chinese Bitcoin ASIC Giants Set Up US Manufacturing Amid Trade Tensions

    Chinese Bitcoin ASIC Giants Set Up US Manufacturing Amid Trade Tensions

    Three of the world’s leading Bitcoin mining hardware manufacturers — Bitmain, Canaan, and MicroBT — are preparing to begin production in the United States as a strategic response to ongoing tariff pressures. Together, these Chinese companies are responsible for producing over 99% of the world’s Bitcoin mining application-specific integrated circuits (ASICs), which are essential for…

  • Deribit’s Block RFQ Tool Surpasses $23B in Trades Amid Soaring Institutional Demand

    Deribit’s Block RFQ Tool Surpasses $23B in Trades Amid Soaring Institutional Demand

    Deribit’s RFQ Interface Sees Rapid Growth Crypto derivatives exchange Deribit has witnessed remarkable success with its Block Request-for-Quote (RFQ) system, which has facilitated over $23 billion in trades since its launch in March 2025. The surge in activity highlights growing institutional interest in the platform, with the percentage of block trades via the RFQ interface…

  • Tether Freezes $12.3 Million in USDT Amid Suspicious Activity on Tron Network

    Tether Freezes $12.3 Million in USDT Amid Suspicious Activity on Tron Network

    Tether Tightens AML Measures Tether, the issuer behind the world’s largest stablecoin USDt, has frozen over $12.3 million worth of USDT on the Tron blockchain. The move, executed at 9:15 am UTC on Sunday, is part of Tether’s ongoing crackdown on illicit activity and suspected Anti-Money Laundering (AML) violations. Although the company has not yet…

  • Bitcoin Repeats 2024 Rally Pattern Amid Geopolitical Tensions, Eyes New Highs

    Bitcoin Repeats 2024 Rally Pattern Amid Geopolitical Tensions, Eyes New Highs

    Bitcoin appears to be mimicking a familiar bullish setup that previously triggered an 80% rally, as renewed geopolitical tensions between Israel and Iran send ripples across financial markets. Market analysts are pointing to a combination of technical support, macro tailwinds, and whale accumulation as signs that the cryptocurrency could soon break out to new all-time…

  • Binance Launches Full Crypto Services in Syria Following Sanctions Relief

    Binance Launches Full Crypto Services in Syria Following Sanctions Relief

    Binance becomes one of the first major crypto exchanges to enter Syria after US and EU lift restrictions, offering over 300 tokens and multiple trading services. Binance Expands into Syria After Sanctions Lifted Binance, the world’s largest cryptocurrency exchange by trading volume, has officially launched its services in Syria, marking a major milestone for the…

  • Bitcoin Rallies on US-China Trade Deal Hopes

    Bitcoin Rallies on US-China Trade Deal Hopes

    Bitcoin has surged close to a new record, driven by optimism surrounding the United States and China finalizing their long-awaited trade agreement. The cryptocurrency market is riding on the prospect of reduced global economic uncertainty as the two economic superpowers iron out their trade differences. US-China Trade Deal Sparks Market Optimism On Wednesday, former US…

  • Bitcoin Hits $110K as Analysts Eye New Highs: $150K in 2025 or Even $1 Million?

    Bitcoin Hits $110K as Analysts Eye New Highs: $150K in 2025 or Even $1 Million?

    Bitcoin surged past the $110,000 mark on June 11, fuelling a fresh wave of bullish predictions from market analysts and institutional investors. The flagship cryptocurrency has climbed over 10% since June 5, pushing the broader crypto market’s capitalisation above $3.4 trillion for the first time in weeks. As Bitcoin inches closer to its all-time high,…

  • Trump-Backed American Bitcoin Amasses 215 BTC Ahead of Public Listing

    Trump-Backed American Bitcoin Amasses 215 BTC Ahead of Public Listing

    London, 10 June 2025 — American Bitcoin, a cryptocurrency mining firm backed by Eric Trump and Donald Trump Jr., has quietly built up a reserve of 215 BTC, currently valued at over $23 million, since its official launch on 1 April. The company, known formally as ABTC, is preparing to go public through a merger…

  • US Bitcoin Demand Surges as Coinbase Premium Hits 4-Month High

    US Bitcoin Demand Surges as Coinbase Premium Hits 4-Month High

    Coinbase Premium Soars Amid Renewed US Demand The price gap between Bitcoin on US-based Coinbase and global exchanges has reached its highest point in four months, signalling a strong resurgence in American demand for the leading cryptocurrency. According to on-chain analytics platform CryptoQuant, the Coinbase Premium—an indicator measuring the price difference between Coinbase’s BTC/USD pair…