Has the PIPE Model Failed for Bitcoin Cash Companies? The collapse in stock prices of two notable deals recently completed – KindlyMD (NAKA) and Strive (ASST) suggests as much. A PIPE, or Private Investment in Public Equity, is a financing mechanism through which institutional investors purchase shares directly from a publicly traded company at a […]
Bitcoin (BTC) Treasury Analysis: Doubts About SPACs Read More »
The crypto market suffered another grueling sell-off on Thursday, with several altcoins facing double-digit downside moves while BTC and ETH began to challenge critical support levels. The move appears to be a continuation of the weekend’s $500 billion bloodbath, with traders now exercising more caution to avoid another potential liquidation cascade. Positioning of derivative products
Bearish October Continues as Altcoins Take a Hammer Blow Read More »
Stellar Lumens (XLM) saw pronounced volatility during the 23-hour trading session ending October 16, moving within a 5% range between $0.32 and $0.33. After an initial weakness, institutional buying helped the token rebound around midday, with volumes signaling renewed corporate participation. The momentum faded late in the session, as XLM fell from $0.33 to just
Stellar slides late as volatility returns despite institutional milestone Read More »
HBAR experienced a volatile 24-hour period as institutional traders managed a narrow but intense range between $0.176 and $0.185. The token initially fell due to corporate profit-taking before rebounding sharply on the morning of October 16, when corporate trading volumes exceeded 129 million. Despite this recovery, the momentum proved to be short-lived. A sharp reversal
HBAR faces sharp bearish reversal after volatile 24-hour trading window Read More »
Ripple, the blockchain company closely associated with the XRP Ledger (XRP) network, is acquiring treasury software provider GTreasury for $1 billion, deepening the corporate finance sector. GTreasury’s treasury platform, used by Fortune 500 companies to manage treasury, foreign exchange and risk, will be part of Ripple’s growing suite of financial tools, the company told CoinDesk
Enters corporate treasury business with $1 billion acquisition of GTreasury Read More »
The second largest publicly traded ether treasury company, SharpLink Gaming (SBET), has raised $76.5 million in a direct stock offering at an above-market price. The Minneapolis-based company said in a news release that it sold 4.5 million shares at $17 per share, a 12% premium to its Oct. 15 closing price of $15.15. The sale
SharpLink Raises $76.5M in High-Price Stock Deal to Expand Ether Holdings Read More »
Lombard and Story Partner to Revolutionize the Creator Economy via Bitcoin-Based Infrastructure
Citizens initiated coverage on SharpLink Gaming (SBET) with a market outperform rating and a $50 price target, implying over 200% upside potential, the bank said in a report released Wednesday. Shares were up 2% in early trading, around $15.45. The bank’s bullish stance is based on a positive long-term view of Ether’s price trajectory, forecasting
The Bitcoin cash landscape has evolved significantly over the past six months. In just six months, their numbers have more than doubled, spanning MetaPlanet in Japan, OranjeBTC in Brazil and a new generation of US players like the recently announced Strive as well as Tether and Jack Maller’s Twenty One. At a conference in New
Bitcoin Treasuries Need an Onchain Strategy Read More »
MoonPay has launched MoonPay Commerce, a unified crypto payments platform built on technology from its acquisition of Helio, the company announced in a press release on Thursday. The rollout fully consolidates Helio’s payment tools under the MoonPay brand, giving merchants, creators and developers a faster and easier way to accept crypto payments globally, the company
MoonPay unveils the unified encrypted payments platform “MoonPay Commerce” Read More »
