Strive CIO Ben Werkman warns that if Bitcoin prices stay low, companies holding large Bitcoin treasuries, especially those using debt to buy Bitcoin, might need to restructure or merge. He highlights Strive's acquisition of Semler Scientific as an example of potential consolidation. Firms relying on convertible debt could struggle with debt obligations if Bitcoin remains far below its peak, possibly forcing asset sales. Strategy's recent sale of 32 BTC was defended as a liquidity test, not a shift from accumulation, with the company continuing to buy more Bitcoin and increase cash reserves. Werkman suggests occasional Bitcoin sales can demonstrate liquidity and support long-term treasury strategies amid market challenges.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
