Author: Digicoinvision
The shares of Mill City Ventures (MCVT) are surging as the Nasdaq-listed specialty finance firm reveals a new treasury strategy using layer-1 protocol Sui (SUI). In an announcement, Minnesota-based Mill City Ventures says it will raise $450 million in a non-public offering, or private placement, and use most of the funds to establish a Sui cryptocurrency treasury strategy. Crypto treasury companies are publicly traded or private companies that hold digital assets on their balance sheets as part of their treasury reserve strategy. Shares of MCTV closed Thursday at $1.85. Trading began to surge on Friday, when the stock closed at…
The Trump Administration has finally reached a trade deal with the EU, allowing U.S. products to enter European markets without paying tariffs. In addition, EU exports to the U.S. will incur a 15% tariff, with the EU also committing to allocate hundreds of billions for U.S.-sourced energy and investments. ‘Biggest of Them All:’ Trump Reaches […]
Join Our Telegram channel to stay up to date on breaking news coverage Live Crypto News: Stay Ahead With The Latest Updates Ethereum is closing on $4K after another SharpLink buy, BNB hit a new ATH, Metaplanet added to its Bitcoin hoard, a Solana co-founder called meme coins “digital slop,” and Donald Trump buoyed market sentiment by sealing a trade deal with the EU. Follow live updates below. Join Our Telegram channel to stay up to date on breaking news coverage
Former Twitter CEO Jack Dorsey, who now heads Bitcoin tech firm Block, announced on Monday that his messaging app Bitchat, which communicates exclusively via Bluetooth, is now available in the Apple App Store. According to Bitchat’s whitepaper on Github, the app is “a secure, decentralized, peer-to-peer messaging app that works over Bluetooth mesh networks.” It […]
mill city ventures unveils 450m sui treasury strategy Mill City Ventures III, Ltd. has announced a transformative $450 million private placement aimed at launching a pioneering Sui Treasury Strategy, marking a significant step forward in the integration of traditional finance with cutting-edge blockchain technology. This bold initiative focuses on leveraging the native cryptocurrency of the Sui blockchain, SUI tokens, to optimize liquidity management and generate enhanced yield, while retaining the company’s core expertise in short-term non-bank lending and specialty finance. Introducing the Sui Treasury Strategy The central element of Mill City’s new strategy is the acquisition and deployment of SUI…
Key points:Bitcoin’s tightening range trading signals a possible range expansion in the next few days.Select altcoins also face selling pressure, but remain above their near-term support levels. Bitcoin (BTC) continues to sell off at the $120,000 level, but the repeated retest of a resistance level tends to weaken it. If buyers do not cede much ground to the bears, it improves the prospects of BTC hitting a new all-time high above $123,218.Fundstrat head of research Tom Lee said in an interview with CNBC that BTC could soar to $200,000 to $250,000 over the next few months. At that price, Lee believes…
Key takeawaysDubai now has clear laws for buying property with crypto via VARA and the UAE Central Bank.Major developers like Damac and Emaar accept BTC, ETH and stablecoins for property sales.Crypto payments are faster, cheaper and easier for global buyers.Stablecoins and tokenized real estate are driving Dubai’s next property boom.It’s well known that Dubai is already a hub for cryptocurrency adoption, extending from everyday payments to high-value assets such as real estate. Emirates Airline, for one, will allow ticket purchases via Crypto.com. Meanwhile, the Dubai Land Department (DLD) has opened the door for property tokenization and transactions using Bitcoin (BTC), Ether…
Bitcoin continues to consolidate between $115,000 and $120,000, with bulls maintaining control despite the lack of a breakout above $123,000. What stands out in this range-bound structure is the clear demand concentration around $117,000. According to Glassnode’s BTC Cost Basis Distribution Heatmap, this level has consistently attracted buying interest, acting as a key area where capital rotates into Bitcoin. Related Reading The heatmap reveals dense clusters of cost basis activity near key price levels. This reinforces its role as short-term support and a psychological anchor for bulls. As long as this zone holds, the risk of a full breakdown remains…
SharpLink Gaming is accelerating its Ethereum strategy with a major purchase that brings its total holdings closer to a key milestone of 500,000 ETH.On July 28, blockchain analysis platform Lookonchain revealed that the firm acquired 77,210 ETH, worth approximately $295 million. This move brings SharpLink’s total Ethereum reserves to 438,017 ETH, valued at around $1.69 billion.While the company has not formally confirmed the latest buy, the transaction suggests SharpLink is pushing toward a 500,000 ETH target.Reaching that threshold would cement its position as the second-largest known corporate holder of Ethereum, behind only BitMine Immersion, which holds about 566,800 ETH valued…
Key Takeaways Ethereum is outperforming on ROI, yield, and on-chain flows, positioning itself for a front-run to $10k before Bitcoin breaks $200k, as capital rotates toward higher beta setups. Ethereum [ETH] has ripped through two monster monthly candles this year, finally pulling early-2025 bag holders back into profit. Meanwhile, Bitcoin [BTC] has been grinding up in a clean trend, but without the same kind of velocity. On a pure ROI basis, ETH is outpacing, and smart money’s catching on for higher beta exposure. So, with the current “risk-reward” skew, is ETH now firmly on track to hit $10,000 before BTC…