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Operated by Trump ally Bill Zanker, the firm aims to form a Digital Asset Treasury to stabilize the Official Trump token Fight Fight Fight LLC, the company that made the Official Trump (TRUMP) meme coin, is trying to raise at least $200 million to set up a Digital Asset Treasury (DAT) that will buy the token. Bloomberg reported on October 8 that this move is a direct intervention to stabilize the asset that is closely linked to the U.S. President. While the outcome of the fundraising is not yet certain, the ambitions are substantial, with a target range extending…
Institutional demand for Bitcoin is accelerating as spot exchange-traded funds (ETFs) inject between $5 billion and $10 billion into the market each quarter.This wave of fresh capital is helping to tighten the asset’s supply and reinforce its long-term bullish structure.Bitwise Chief Technology Officer Hong Kim, citing Farside Investors’ data, said ETF inflows have become a steady force, arriving “like clockwork.” He described the pattern as “an unstoppable secular trend that even the four-year cycle cannot stop,” while adding that “2026 is going to be an up year.”These inflows reflect a deeper shift in how traditional finance interacts with Bitcoin. Once…
A Bitcoin whale who held around $11 billion in BTC before rotating more than $5 billion of their stash into Ether two months ago has returned to the cryptocurrency market, with another $360 million Bitcoin transfer.The whale address transferred $360 million worth of Bitcoin (BTC) into decentralized finance (DeFi) protocol Hyperunit’s hot wallet ‘“bc1pd” on Tuesday. This marks their first transfer in two months, according to blockchain data platform Arkham..The transfer may signal another rotation into Ether (ETH) based on the whale’s transaction patterns. The $11 billion Bitcoin whale emerged two months ago and rotated around $5 billion worth of BTC…
Decentralized crypto trading platforms MetaMask and Infinex are now offering perpetual futures through integrations with Hyperliquid, competing with their centralized counterparts in the booming crypto perps market.MetaMask’s integration with Hyperliquid went live on Wednesday, allowing users to access Hyperliquid’s decentralized perpetual swaps exchange directly through MetaMask’s wallet.MetaMask stated that the “major milestone” brings it one step closer to becoming an all-in-one, self-custodial trading platform, as it seeks to capture market share from centralized exchanges that have dominated the crypto perpetuals market.“By embedding the Hyperliquid engine directly into our wallet and optimizing it for mobile, we’re [offering] a frictionless path for…
Bit Digital has expanded its Ether holdings to more than 150,000 ETH after purchasing 31,057 ETH valued at roughly $140 million using proceeds from a $150 million convertible notes sale.The deal, which included full exercise of underwriters’ options, positions the firm as the sixth-largest Ether (ETH) treasury among public companies, according to data from StrategicETHReserve.xyz.“This purchase demonstrates our commitment to building shareholder value by financing ETH accumulation on terms that are accretive to NAV per share,” said Sam Tabar, CEO of Bit Digital. “We view ETH as foundational to digital financial infrastructure and believe current levels provide a compelling long-term…
Short-term holders added 559K BTC as Bitcoin nears highs; on-chain data shows rising demand and falling exchange activity. Bitcoin’s recent rally continues to draw attention from new participants. Over the past three months, wallets linked to short-term holders have gained 559,000 BTC. The data, shared by CryptoQuant’s Axel Adler Jr., shows short-term holder supply rising from 4.38 million BTC to 4.94 million BTC. New Wallet Growth Signals Fresh Demand Meanwhile, the increase in supply held by short-term holders points to a steady flow of new buyers. The trend began after a low in mid-2025 and has continued through a…
HANGZHOU, China, Oct. 8, 2025 /PRNewswire/ — Jiuzi Holdings, Inc. (NASDAQ: JZXN; the “Company”) today announced the implementation details of its previously disclosed US$1 billion capital plan. The Company intends to raise funds through market investors and execute the plan via an ongoing purchase program, capped at US$1 billion. Following the initial announcement, the Company further clarified that the capital structure will take a diversified form. Jiuzi has held extensive discussions with institutional investors, long-term value investors, and strategic partners, and has received positive investment intentions. The funding sources are expected to include market financing, additional commitments from existing shareholders, revenue…
By Francisco Rodrigues (All times ET unless indicated otherwise)As gold pushed through the $4,000 per ounce mark for the first time, bitcoin BTC$122,751.70 lost 1.25% of its value and the wider crypto market, as measured by the coinDesk 20 (CD20) index, dropped 3%.The drop came amid profit-taking after the crypto market rose more than 7.7% in less than a week and as whales’ paper gains swelled. The divergence also comes as the U.S. Dollar Index (DXY) rises to its highest level in two months.Gold, long viewed as a safe haven, has rallied over 50% this year. Inflows into gold-linked exchange-traded…
The fund will provide up to $500,000 per team plus access to YZi Labs’ 460 million-user network and mentorship. YZi Labs, formerly known as Binance Labs, has announced the launch of a $1 billion Builder Fund aimed at supporting early-stage founders building within the BNB Chain ecosystem. The initiative is designed to provide capital, infrastructure, and support to teams working across Web3, artificial intelligence (AI), and biotechnology. Projects Will Receive Up to $500K Each According to an October 8 statement, the fund will offer selected builders access to YZi Labs’ global network, which has over 460 million users. Participants…
“Demand is extremely down, and the on-chain usage of PI is poor,” one popular X user claimed. “Uptober” has been more than generous (so far) to the cryptocurrency market, with Bitcoin (BTC) and Binance Coin (BNB) rising to new record price levels. However, Pi Network’s PI has not joined the party, and its valuation keeps sinking. The Bears Remain in Charge Just a few hours ago, the price of the native token of Pi Network collapsed to a new all-time low of around $0.23 (per CoinGecko’s data). It later slightly rebounded to the current $0.24, representing a whopping 30%…