Heritage Distilling Holding Company has finalized its Cryptocurrency Treasury Reserve Policy. This makes it one of the first craft spirits companies to accept and hold Bitcoin (BTC) and Dogecoin (DOGE) formally, according to the company. The policy allows the company to accept both cryptocurrencies as payment via its direct-to-consumer e-commerce platform and to treat them…
Bitcoin price could be about to blast to a record high as traders brace for a ‘supply shock’ in the coming months. Bitcoin (BTC) has remained rangebound this week but at $104,000 it needs to gain around 4% to match its all-time high of $109,300. One major bullish catalyst for Bitcoin is the sharp decline…
Solv has launched a new Bitcoin token on Avalanche that lets holders earn real-world asset-backed yield with help from big names like BlackRock. Solv Protocol, a Bitcoin (BTC) staking platform, just dropped a new token called SolvBTC.AVAX, aiming to help Bitcoin holders earn yield on their BTC on the Avalanche network. In a press release…
Bitcoin could benefit from favorable market conditions through July, before seasonal headwinds and tariff deadlines take effect, analysts say. Bitcoin (BTC) has jumped more than 25% since April, and it’s now holding near $106,000 with several signs pointing to more upside in the coming weeks, analysts at Matrixport say. In a Friday report, the analysts…
Bitcoin has traded sideways for most of the week, with price action stuck between $100,700 support and $104,700 resistance. The lack of volume and tight-range behavior suggests a breakout is still pending. Bitcoin (BTC) has experienced unusually slow price movement this week, consolidating between clearly defined support and resistance levels. Traders have been closely monitoring…
Coinsilium Group Limited, a U.K.-based company focused on web3 investing and advisory services, has raised £1.25 million in an initiative aimed at funding its adoption of a Bitcoin treasury strategy. The company announced the fundraising goal on May 15. Per the news update, Coinsilium has secured the £1.25 million ($1.66 million) in a bid to…
eToro CEO Yoni Assia revealed that the company bought Bitcoin at $5 and eventually sold it for a $50 million profit, marking one of the earliest known institutional crypto bets. Speaking to CNBC following eToro’s Nasdaq debut, Assia shared that the trading platform added Bitcoin (BTC) to its treasury in the early 2010s, long before…
The crypto market remained on edge on Thursday as some investors booked profits following the recent double-digit gains. Bitcoin (BTC) price was trading at $102,700, while Ethereum (ETH) fell from this week’s high of $2,700 to $2,500. Other top altcoins like Ripple (XRP), Solana (SOL), and Shiba Inu (SHIB) fell by over 4%. Bitcoin Ethereum,…
CoinPayments and Jetcraft have partnered to enable crypto payments for aircraft purchases and private aviation services. According to a press release shared with crypto.news, CoinPayments Inc., a leading crypto payment gateway, has announced a partnership with Jetcraft, the world’s largest buyer and seller of business aircrafts, to enable cryptocurrency payments for aircrafts and private aviation…
Al Abraaj Group has become the first publicly listed company in the Middle East to adopt Bitcoin as a treasury asset, following in the footsteps of MicroStrategy and Tesla. Bahrain’s Al Abraaj Group has become the first public company in the Middle East to add Bitcoin to its corporate treasury, kicking things off with a…
