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Health Technology Company CIMG Inc Adds 500 Bitcoin to Corporate Reserves

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Health Technology Company CIMG Inc Adds 500 Bitcoin to Corporate Reserves

Digital health and sales development firm CIMG Inc has raised $55 million through a share sale to purchase 500 Bitcoin for its corporate treasury. According to Cointelegraph, the company completed this transaction on Tuesday by issuing 220 million common shares at 25 cents each. The Bitcoin purchase represents approximately $55.

By Albert Morgan Sep 3, 2025
Major Exchange KuCoin Enters Dogecoin Mining With New Platform Launch

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Major Exchange KuCoin Enters Dogecoin Mining With New Platform Launch

KuCoin cryptocurrency exchange launched a new cloud mining platform targeting 10% of the Dogecoin network's total mining capacity. According to Cointelegraph, KuMining went live on September 16 with 200 terahashes per second for Dogecoin and Litecoin merged mining. The platform begins operations with approximately 10 exahashes per second

By Albert Morgan Sep 3, 2025
MicroStrategy Adds Bitcoin Holdings Worth Nearly Half Billion In August Acquisition

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MicroStrategy Adds Bitcoin Holdings Worth Nearly Half Billion In August Acquisition

Strategy, formerly known as MicroStrategy, acquired 4,048 Bitcoin for $449.3 million between August 25 and Monday, according to a Cointelegraph report. The purchase was made at an average price of $110,981 per BTC as the cryptocurrency briefly surged above $113,000 before dropping below $108,000 on

By Albert Morgan Sep 2, 2025
August Crypto Losses Jump to $163 Million With Bitcoin Holder Hit for $91 Million

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August Crypto Losses Jump to $163 Million With Bitcoin Holder Hit for $91 Million

Crypto hackers and scammers stole over $163 million from the crypto space in August 2025 across 16 separate attacks. According to Cointelegraph, this represents a 15% increase compared to July's $142 million in losses. However, the figure remains 47% lower than August 2024 losses. Two major incidents drove

By Albert Morgan Sep 2, 2025
Gold Hits All Time High While Bitcoin Drops Showing Asset Divergence

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Gold Hits All Time High While Bitcoin Drops Showing Asset Divergence

Gold reached an all-time high of $3,485 per ounce on Monday following President Donald Trump's inflation remarks on social media. Bitcoin moved in the opposite direction, falling to an eight-week low. This divergent movement demonstrates what analysts call Bitcoin's "split personality," according to

By Albert Morgan Sep 1, 2025
Bitcoin Whale Surpasses SharpLink With Massive Ethereum Investment

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Bitcoin Whale Surpasses SharpLink With Massive Ethereum Investment

An $11 billion Bitcoin whale has become larger than the world's second-largest corporate Ethereum holder through continued asset rotation. According to Cointelegraph, the whale sold another $215 million worth of Bitcoin to purchase $216 million worth of Ethereum on decentralized exchange Hyperliquid on Monday. The whale now holds

By Albert Morgan Sep 1, 2025
El Salvador Splits Bitcoin Holdings Into 14 New Wallets For Security Enhancement

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El Salvador Splits Bitcoin Holdings Into 14 New Wallets For Security Enhancement

El Salvador has redistributed its entire 6,274 Bitcoin reserve worth $678 million into 14 new wallet addresses as a precaution against potential quantum computing threats. According to Cointelegraph, the country's Bitcoin Office announced Friday that each new address holds up to 500 BTC. The Bitcoin Office explained

By Albert Morgan Aug 30, 2025
US Bitcoin ETFs Reach Daily Trading Volumes That Sometimes Surpass Crypto Exchanges

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US Bitcoin ETFs Reach Daily Trading Volumes That Sometimes Surpass Crypto Exchanges

US-based spot Bitcoin exchange-traded funds now generate $5 billion to $10 billion in daily trading volume on active days. These products sometimes surpass major cryptocurrency exchanges in trading activity. Cointelegraph reports that institutional investors continue to increase their crypto exposure through regulated ETF products. Julio Moreno, head of research at

By Albert Morgan Aug 29, 2025
Record 92 Cryptocurrency ETFs Await SEC Decision As Market Prepares For Approvals

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Record 92 Cryptocurrency ETFs Await SEC Decision As Market Prepares For Approvals

According to Cointelegraph, at least 92 crypto exchange-traded products currently await decision from the US Securities and Exchange Commission. Solana and XRP represent the most sought-after crypto assets among pending applications, with SOL having eight ETF applications and XRP having seven applications under review. Bloomberg Intelligence ETF analyst James Seyffart

By Albert Morgan Aug 29, 2025
Australian Investors Gain Access to 240 Cryptocurrencies Through Webull Platform Launch

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Australian Investors Gain Access to 240 Cryptocurrencies Through Webull Platform Launch

According to Cointelegraph, the Australian division of trading platform Webull launched cryptocurrency services on Wednesday, offering 240 digital assets to local investors. The launch occurred just days after the company relaunched crypto trading in the United States on Monday, following a two-year absence from the American market. Webull Australia announced

By Albert Morgan Aug 27, 2025
Metaplanet Approves $1.2 Billion Share Sale for Bitcoin Acquisitions

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Metaplanet Approves $1.2 Billion Share Sale for Bitcoin Acquisitions

Japanese investment company Metaplanet announced plans to raise 180.3 billion yen ($1.2 billion) through international share issuance on August 27, 2025. According to Cointelegraph, the company will allocate $835 million of proceeds specifically for Bitcoin purchases. The Tokyo-listed firm will issue up to 555 million new shares through

By Albert Morgan Aug 27, 2025
Fidelity And BlackRock Lead Bitcoin ETF Recovery After Week Of Mass Redemptions

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Fidelity And BlackRock Lead Bitcoin ETF Recovery After Week Of Mass Redemptions

Spot Bitcoin exchange-traded funds ended their longest outflow streak since launch on Monday, recording $219 million in net inflows after six consecutive days of investor withdrawals. According to Cointelegraph, the reversal came as Fidelity and BlackRock led institutional buying interest back into crypto investment products. The outflow period began August

By Albert Morgan Aug 27, 2025
Binance Records $1.65 Billion Stablecoin Inflow as Traders Position for Market Recovery

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Binance Records $1.65 Billion Stablecoin Inflow as Traders Position for Market Recovery

Users deposited $1.65 billion in stablecoins on Binance cryptocurrency exchange during Tuesday's trading session. Cointelegraph reported the massive inflow coincided with nearly $1 billion in Ethereum withdrawals from the platform. The deposit total represents the second time this month that net stablecoin deposits on Binance exceeded $1.

By Albert Morgan Aug 27, 2025
MicroStrategy Purchases 357 Million In Bitcoin As Price Falls To 112K

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MicroStrategy Purchases 357 Million In Bitcoin As Price Falls To 112K

According to Cointelegraph, MicroStrategy acquired 3,081 Bitcoin for $356.9 million during the week ending Sunday. The business intelligence company purchased the Bitcoin batch at an average price of $115,829 per coin. Bitcoin started the week around $116,700 before sliding to $112,000 on Thursday. The acquisition

By Albert Morgan Aug 26, 2025
Major Bitcoin Whale Rotates Between Ethereum Derivatives and Spot Markets

Bitcoin

Major Bitcoin Whale Rotates Between Ethereum Derivatives and Spot Markets

An $11 billion Bitcoin whale closed $450 million worth of Ethereum perpetual long positions on Monday while simultaneously purchasing $108 million in additional spot Ether. According to Cointelegraph, the whale closed the positions at an average Ethereum price of $4,735, securing $33 million in profit from the derivatives trades.

By Albert Morgan Aug 26, 2025
Custodia CEO Warns Traditional Finance Firms Face First Crypto Winter Challenge

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Custodia CEO Warns Traditional Finance Firms Face First Crypto Winter Challenge

According to Cointelegraph, Custodia Bank CEO Caitlin Long warned traditional finance firms about potential struggles during their first crypto winter. Long made these comments at the Wyoming Blockchain Symposium on Friday when speaking to CNBC. Long stated that institutional investors from traditional finance lack updated risk tolerance models for cryptocurrency

By Albert Morgan Aug 24, 2025
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