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BITCOIN

Semler Scientific expands bitcoin holdings to 2,321 BTC with latest $23 million purchase

Semler Scientific bought 237 bitcoin for $23.3 million, increasing its total holdings to 2,321 bitcoin, valued at approximately $221 million, while remaining bullish on cryptocurrency.

theblock.co • 14/01/2025 - 06:17 AM

Sygnum Bank achieves Unicorn status following $58 million funding round to expand Bitcoin focus

Sygnum raises $58 million, achieving Unicorn status, to expand its Bitcoin-related services and regulatory footprint, managing over $5 billion in client assets across 70 countries.

theblock.co • 14/01/2025 - 06:00 AM

BITCOIN

Japan’s Remixpoint buys 33.3 additional bitcoin, boosting holdings to nearly $32 million

Remixpoint, a Japanese energy firm, acquired 33.34 BTC to reach 333.19 BTC in total as part of a strategy to hedge against yen depreciation.

theblock.co • 14/01/2025 - 05:55 AM

The Daily: Crypto asset manager says 'post-US election honeymoon is over,' AI agent token prices break down and more

Global crypto investment products attracted modest net inflows of $48 million last week as macro and monetary policy reasserted themselves, according to asset manager CoinShares. AI agent tokens have gone from dominating market mindshare to being dumped on the proverbial crypto scrap heap in the space of a week, with prices halving in some cases. Tether, the world’s largest stablecoin issuer, is “about to complete all formalities” to relocate to El Salvador after acquiring a Digital Asset Service Provider license in the country. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 13/01/2025 - 20:01 PM

BITCOIN

The Scoop: Competing narratives struggle to set the tone for 2025

The article discusses the impact of macroeconomic factors on cryptocurrency prices and the correlation between crypto and equities amid potential regulatory and financial market changes.

theblock.co • 13/01/2025 - 15:13 PM

MicroStrategy acquires another 2,530 BTC for $243 million, taking holdings to 450,000 BTC

MicroStrategy acquired 2,530 BTC for $243 million, expanding its holdings to 450,000 BTC. The firm plans further equity offerings to support continued bitcoin acquisitions.

theblock.co • 13/01/2025 - 13:06 PM

Thai police seize nearly 1,000 Bitcoin mining machines amid energy theft allegations: reports

Thai authorities seized 996 Bitcoin miners from JIT Co. for energy theft, with electricity worth millions illegally consumed, prompting an ongoing investigation.

theblock.co • 09/01/2025 - 13:30 PM

Fidelity sees Solana as a 'notable contender' but backs Ethereum's stronger fundamentals

Fidelity Digital Assets projects Ethereum's stability over Solana in the long run, emphasizing fundamentals and upcoming upgrades, while noting Bitcoin's potential and stablecoins' growth in 2025.

theblock.co • 09/01/2025 - 13:16 PM

The Daily: Bitcoin and ether prices slide amid macro fears, South Korea to phase out institutional crypto trading ban and more

Bitcoin has dropped around 8% to below $95,000 since briefly breaking back above the $100,000 level on Monday amid rising macro fears. Ether fell even harder over the period, sliding 12% to under $3,300, while several other major cryptocurrencies have also witnessed double-digit declines. South Korea’s financial regulator plans a phased lifting of its de facto institutional crypto trading ban, according to local media reports. Blockchain development firm Movement Labs is reportedly nearing the completion of a $100 million Series B funding round. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 08/01/2025 - 18:52 PM

Bhutan SAR intends to adopt BTC, ETH and BNB as part of its strategic reserves

Gelephu Mindfulness City in Bhutan plans to adopt digital assets like bitcoin and ether as strategic reserves, enhancing economic resilience and supporting blockchain technology for sustainable development.

theblock.co • 08/01/2025 - 14:51 PM

Currency