Bitcoin Project Roxom Global Raises $17.9M to Build BTC Treasury, Create Media Network

Bitcoin (BTC) project Roxom Global is building a BTC-denominated securities exchange and a 24/7 media network dedicated entirely to bitcoin. Roxom has raised $7.9 million in investment for its exchange from Draper Associates, Borderless Capital, ego death and Kingsway Capital and $10 million in a private funding round for RoxomTV, according to an announcement shared … Read more

BNB Surges 5% on Binance Ecosystem Strength as Bitcoin Extends Gains

BNB’s impressive 24-hour rally showcases the growing strength of the Binance ecosystem amid broader crypto market optimism. The token’s upward momentum coincides with Bitcoin’s approach toward new all-time highs and increased activity across the BNB Chain, which recently recorded over 8 million daily transactions and 2 million active wallet addresses. Technical indicators remain bullish for … Read more

FIFA Teams Up With Avalanche to Build Its Own Blockchain, Expanding Web3 Ambition

FIFA, football’s global governing body, plans to use Avalanche’s network to power its own dedicated layer-1 blockchain. The FIFA Blockchain is an Avalanche L1, a customizable blockchain that uses Avalanche’s technology (also previously known as a subnet). The news comes as the Avalanche network recently went through its major Avalanche9000 upgrade, aimed at attracting new … Read more

MARA Will Deploy 500 BTC With Crypto Broker Two Prime to Generate Yields

Bitcoin (BTC) miner MARA Holdings (MARA) will provide 500 BTC to broker Two Prime for generating yields, the companies said on Thursday. The deal will enhance the existing partnership between the two crypto firms, the SEC-registered Two Prime has provided bitcoin-backed loans to MARA. Recently, MARA announced its first-quarter results which missed Wall Street-estimates. However, … Read more

Crypto Daybook Americas: All Signs Point Up as Bitcoin Hits Record High

By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC surpassed Wednesday’s record to reach an all-time high of $111,875 in the early hours of Thursday, according to the CoinDesk Bitcoin Price Index, as traditional financial markets contended with rising bond yields and renewed concerns over ballooning U.S. debt. The largest cryptocurrency has gained … Read more

King Dollar Falls, Bitcoin Marches Toward Sound Money Highs

Bitcoin’s BTC dollar high succumbed on Thursday as the largest cryptocurrency rose past $111,800, a remarkable 50% gain from its April low near $75,000, but when measured against traditional stores of value like gold and silver, BTC — often dubbed “digital gold” — still has room to advance. The bitcoin-to-gold ratio stands at 33.27 ounces, … Read more

Crypto Trader Opens $1.1B Long Bitcoin Bet on Hyperliquid Using 40X Leverage

A single trader has opened a massive $1.1 billion notional long position on bitcoin (BTC) using 40x leverage on the onchain decentralized exchange (DEX) Hyperliquid, a rare instance of a ten-figure position being open entirely on a blockchain-based platform. The trade is tied to wallet address “0x507,” belonging to pseudonymous trader “James Wynn” on the … Read more