Genius Group cites GENIUS Act as it boosts Bitcoin stash to 200 BTC
Singapore-based AI edtech firm Genius Group doubled its Bitcoin holdings to 200 BTC in July while expanding its crypto initiatives under the newly passed GENIUS Act.
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Ethereum treasury companies could expand their ETH holdings by another $27 billion
Ethereum-focused treasury companies, including BitMine and SharpLink, indicate plans to allocate roughly $27 billion toward additional ETH acquisitions, according to an analysis by crypto market commentator RiskOnBobby. The bulk of this planned investment comes from BitMine Immersion Technologies, which on Aug. 12 filed an amendment to expand its at-the-market (ATM) equity program by $20 billion….
Bitcoin slump triggers $811 million losses as traders brace for $100k test
Bitcoin’s brief dip below $110,000 in the past 24 hours triggered one of the heaviest liquidation rounds in recent times. According to Coinglass data, crypto traders betting on the market lost $811.6 million, with more than 179,000 traders forced out of positions. Speaking on this broad liquidation event, Sean Dawson, head of research at Derive.xyz,…
