Key Takeaways: Matrixport expects a Bitcoin consolidation phase to extend through August. Crypto Week activity failed to sustain retail or institutional momentum. Stablecoin frameworks like the GENIUS Act could influence Treasury demand and impact digital asset positioning. Bitcoin’s recent rally appears to be losing momentum, with Matrixport projecting a period of consolidation through August after…
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Strategy to Raise $2.47B Through Sale of 28M Preferred Shares Priced at $90 Each
Strategy (formerly MicroStrategy) announced Friday that it will sell 28 million shares of its Series A Stretch Preferred Stock at $90 each in its initial public offering. The transaction is expected to close on July 29. Strategy said it estimates net proceeds of approximately $2.474 billion after underwriting discounts and estimated offering expenses. Strategy announces…
Biotech Firm Windtree Gets $520M Funding to Build Massive BNB Treasury
Windtree Therapeutics has secured up to $520 million in funding to establish one of the largest corporate BNB treasuries, joining a growing wave of public companies diversifying their reserves beyond Bitcoin and Ethereum into alternative cryptocurrencies. The biotechnology company entered a $500 million equity line of credit agreement alongside an additional $20 million stock purchase…
Crypto Exchange WOO X Loses $14M After Team Member Falls for Phishing Attack
Cryptocurrency exchange WOO X suffered a $14 million security breach on July 24, 2025, after a team member’s device was compromised in a targeted phishing attack that allowed unauthorized access to nine user accounts and the platform’s development environment. The exploiter coordinated a series of unauthorized withdrawals from affected user accounts between 13:50 UTC +8…
Pure Crypto’s First Fund Soars Nearly 1,000% to $60M Since 2018 Launch
Pure Crypto, a relatively quiet player in the digital asset space based outside Chicago, has turned heads after revealing its flagship fund has surged nearly 1,000% since its inception in 2018. Key Takeaways: Pure Crypto’s flagship fund has surged nearly 1,000% since 2018, now valued at $60 million. The firm is preparing a fourth fund…
Elon Musk Is Relaunching Vine in ‘AI Form’: What You Need to Know
Key Takeaways: Elon Musk said defunct short video service Vine will be coming back, this time, in an artificial intelligence format. The app was very popular in the 2010s, but struggled commercially. Analysts say Vine could evolve into a platform for crypto-native social capital if it adds real-time trend tagging and similar features, but regaining…
SOL Leads the Rise, as the Altcoin Craze Returns: GMO Miner Cloud Mining Helps Traders Seize the Next Wave of Dividends
As the price of Bitcoin (BTC) consolidates around $117,000, market funds are quietly turning to altcoins with greater growth potential. Ethereum (ETH) fell below $3,800, but Solana (SOL) rose strongly, with a single-day increase of nearly 8%, once approaching $200, showing signs of a full recovery in the altcoin sector. This is the key time…
TikTok Influencer Sentenced to 8.5 Years for Aiding North Korean IT Sanctions Evasion Scheme
An Arizona-based TikTok influencer has been sentenced to eight and a half years in prison for her role in a North Korean plot to infiltrate the U.S. tech workforce and fund the regime’s weapons program. Key Takeaways: Christina Chapman was sentenced to 8.5 years for helping North Korean IT workers infiltrate US tech jobs. She…
Smarter Web Company Adds 225 Bitcoin for $26M, Total Holdings Reach 1,825 BTC
The Smarter Web Company has purchased an additional 225 Bitcoin for £19.6 million ($26 million), bringing its total holdings to 1,825 BTC worth approximately $216 million as corporate cryptocurrency treasuries continue expanding across global markets despite recent volatility. The London-listed technology company acquired Bitcoin at an average price of £87,096 ($118,076) per coin, achieving a…
Ethereum ETFs See $6.4B Inflows Over 11 Weeks as Investor Optimism Surges
Ethereum ETFs are enjoying a sustained bull run, clocking 11 straight weeks of net inflows totaling more than $6.4 billion. Key Takeaways: Ethereum ETFs have pulled in $6.4 billion over 11 straight weeks, outpacing Bitcoin funds. Fidelity’s ETHA hit $10B in assets in just 10 days, the third-fastest ETF to do so. Institutional ETH demand…