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Bitcoin Risks Drop To $108K, But Dip Buyers Step In

Bitcoin's price recently fell to a 2-week low of $108,865, moving below $109,000 as selling pressure persisted, particularly during the Asia trading session. Despite this decline, data indicates that spot buyers are increasing their orders. A significant trend revealed in the liquidations data suggests that the

Naver acquires Upbit in Korea

Naver, South Korea’s largest internet portal, has completed a stock swap to acquire Upbit through its fintech arm, NAVER Financial. This acquisition was confirmed by Dunamu, the operator of Upbit, and resulted in a notable 11.4% increase in Naver's shares. Naver is aiming to enhance its

Hong Kong’s $500M HashKey Fund: How DATs could redefine BTC and ETH treasuries

HashKey Group, based in Hong Kong, has launched a $500-million Digital Asset Treasuries (DAT) fund, indicating a pivotal moment in corporate finance as cryptocurrencies gain mainstream acceptance. DATs involve holding digital assets like Bitcoin and Ether in corporate balance sheets, transforming cash and bond strategies. The fund, focusing on the

Divine raises $6.6M to expand Credit lending protocol

Divine has secured $6.6 million in seed funding to enhance Credit, its undercollateralized lending protocol aimed at borrowers lacking access to traditional credit. The funding round was led by Paradigm, with support from Nascent and angel investors. Since its launch in December 2024, Credit has issued over 175,000

ETHZilla leans into sticky restaking with Ether.fi and Puffer

ETHZilla plans to deploy $100 million in ETH to Ether.fi as part of its foray into DeFi, aiming to split investments across various liquid (re)staking providers. Simultaneously, around $47 million will be allocated to Puffer. The strategy marks a significant move for ETHZilla, which holds the fifth largest

Bitcoin, Ethereum and Dogecoin Dive as Crypto Liquidations Near $1 Billion

Major digital coins, including Bitcoin, Ethereum, and Dogecoin, experienced significant declines as liquidations approached $1 billion within a 24-hour period. Bitcoin fell nearly 4%, trading just below $109,700, while Ethereum decreased by approximately 7.5%, reaching around $3,879. Dogecoin, the eighth-largest cryptocurrency, suffered even greater losses, plummeting nearly

Hashdex expands Crypto Index US ETF under SEC generic listing standards

Hashdex has expanded its Crypto Index US exchange-traded fund (ETF) to incorporate additional cryptocurrencies such as XRP, Solana (SOL), and Stellar, in response to a recent change in the Securities and Exchange Commission's (SEC) generic listing rules. This ETF is now one of the few multi-asset cryptocurrency investment