The post Treasure Global Announces $100M Digital Asset Treasury Strategy to Invest in Bitcoin and Ethereum appeared first on Coinpedia Fintech News Treasure Global Inc. (NASDAQ: TGL), a United States-based tech company focused on developing consumer intelligence products, announced the launch of a $100 million digital asset treasury strategy. The company intends to tap into the growing adoption of digital assets led by Bitcoin (BTC) and Ethereum (ETH) to hedge against macroeconomic uncertainties. According to the announcement, the digital asset treasury strategy was backed by two capital sources. Whereby $50 million came from existing equity financing agreements and the rest through new institutional commitments. In addition to purchasing BTC and ETH for its treasury management, Treasure Global will also add regulated stablecoins. “This treasury strategy is a deliberate step in aligning our capital deployment with infrastructure scalability and platform utility. By integrating blockchain-native assets into our balance sheet and embedding real-time data intelligence into our consumer platform, we are building a high-leverage digital ecosystem designed for recurring revenue, margin expansion, and long-term capital efficiency,” Carlson Thow, Chief Executive Officer of Treasure Global, noted . Impact of Treasure Global’s Move on Bitcoin and Ethereum The adoption of Bitcoin and Ethereum by Treasure Global coincides with a notable mainstream adoption of digital assets by institutional investors. As Coinpedia has noted in the past, more companies – currently amounting to 223 entities holding 3.39 million BTCs – have followed in the footsteps of Strategy and Japan’s Metaplanet . The notable improvement of the crypto regulatory framework in the United States has facilitated the mainstream adoption of crypto assets by institutional investors. Earlier on Wednesday, Bloomberg reported that JPMorgan plans to enable wealthy clients to take loans using crypto assets as collateral. Ultimately, the rising demand for digital assets will fuel further supply vs demand shock and kickstart a major parabolic rally in the near future.
Elon Musk intensifies his opposition to the Republican tax-and-spending bill, warning it could inflate the U.S. debt ceiling by $5 trillion. The Tesla CEO’s critique has sparked renewed interest among
Uniswap (UNI) surged by 7% on June 3, 2025, driven by significant whale accumulation amid Bitcoin’s steady trading above $105,000, signaling robust market confidence. The rally in DeFi tokens, led
As the United States grapples with an escalating national debt surpassing $36 trillion, innovative financial solutions like XRP and tokenized gold are gaining attention as potential stabilizers. Experts argue that
Musk calls the Congressional bill a “disgusting abomination” filled with waste. The bill’s $1.6T discretionary spending includes $895B defense and $711B non-defense funds. Coinbase CEO warns Bitcoin could replace the dollar if deficit spending continues unchecked. Pro-XRP lawyer John Deaton has suggested Elon Musk and Tesla may purchase additional Bitcoin following the Tesla CEO’s harsh criticism of the recent Congressional spending bill. Deaton’s prediction comes as Musk launched a scathing attack on what he termed a “pork-filled” legislative package. “Wouldn’t be surprised to see Elon and Tesla buy more Bitcoin . The Big Beautiful Bill is a walking billboard and advertisement for buying Bitcoin,” Deaton posted on X, directly replying to Musk’s criticism of the FY2025 budget. Wouldn’t be surprised to see Elon and Tesla buy more Bitcoin. The Big Beautiful Bill is a walking billboard and advertisement for buying Bitcoin. https://t.co/29mGiAptR4 — John E Deaton (@JohnEDeaton1) June 3, 2025 Musk’s frustration was evident in his social media response: “I’m sorry, but I just can’t stand it anymore. This massive, outrageous, pork-filled Congressional spen… The post Deaton Predicts Elon Musk Will Buy More Bitcoin After Spending Bill Sparks Fury appeared first on Coin Edition .
K Wave Media Inc. has entered into an agreement to raise up to $500 million by selling ordinary shares, with a significant portion earmarked for building a bitcoin-focused treasury. K Wave Media Enters $500M Deal to Fuel Bitcoin-Centric Treasury and Growth The Nasdaq-listed company (KWM) announced the securities purchase agreement with Bitcoin Strategic Reserve KWM
Bitcoin whales, defined as wallets holding between 10 and 10,000 BTC, have recently engaged in an unprecedented accumulation spree, signaling potential shifts in market dynamics. This surge in accumulation, totaling
Real estate entrepreneur Grant Cardone is pioneering a novel investment approach by integrating Bitcoin purchases into rental income streams, aiming to attract investors with limited crypto exposure. Cardone’s new 10X
On-chain data shows the retail interest in Bitcoin has been waning as small-holder volume has gone down during the past month. Bitcoin Retail Investor Demand Has Seen A Negative 30-Day Change In a CryptoQuant Quicktake post, an analyst has talked about the latest trend in the “Retail Investor Demand” of Bitcoin. This indicator provides an estimate for, as its name suggests, the amount of demand that the smallest of investors, the ‘retail,’ have toward the cryptocurrency right now. The metric does so by referring to the transaction volume associated with this cohort. Considering the small wallet size attached to these holders, their transfers would typically remain under a value of $10,000, so the volume related to them can be separated from the rest of the market by only restricting to transfers below this size. Related Reading: Bitcoin 3–5 Year Holders Slow Selloff—Waiting for Higher Prices? Now, here is the chart shared by the quant that shows the 30-day percentage change in the Bitcoin Retail Investor Demand over the past year: As is visible in the above graph, the Bitcoin Retail Investor Demand saw its 30-day change enter into the positive territory when the latest bull rally first started, suggesting that the small investors increased their transfer activity. The 30-day change continued a gradual rise as the run played out, but after the cryptocurrency set its new all-time high (ATH), it noted a reversal in direction. Today, the metric has declined enough to dip back into the negative territory, meaning that retail investor volume is now going down on the monthly timeframe. From the chart, it’s also apparent that even at its peak, the 30-day change in the Retail Investor Demand never actually touched a high level this rally, which is in sharp contrast to the run from the end of 2024. Thus, it would appear that the recent price surge not only failed to ignite any notable level of interest among the small hands but also failed to maintain the attention that it did gather. The switch to a negative monthly change for the Retail Investor Demand could be down to the bearish action that the coin’s price has seen since the ATH, but the fact of the matter is that Bitcoin is currently still very much in range of this record, so it’s interesting to see this sentiment among the group. Related Reading: Bitcoin Could Go ‘Bananas’ If Price Closes Above This Level, Top Analyst Says Speaking of transaction volume, the institutional DeFi solutions provider Sentora (formerly IntoTheBlock) has talked about the latest trend in the volume share of the Bitcoin miners. As displayed in the chart, the Bitcoin miners have seen their volume share sharply go down recently and drop to the lowest level since 2022. This implies these chain validators have seen their activity plummet relative to the rest of the network. BTC Price Bitcoin has taken to sideways movement recently as its price is still trading around the $105,200 mark. Featured image from Dall-E, IntoTheBlock.com, CryptoQuant.com, chart from TradingView.com
Bitcoin is entering a critical consolidation phase after weeks of strong buying pressure pushed the price to a new all-time high near $112,000. Despite the bullish momentum seen in recent months, the leading cryptocurrency is now struggling to maintain upward traction. As macroeconomic uncertainty and rising global tensions—particularly trade conflicts between the US and China—continue to rattle financial markets, Bitcoin appears to be waiting for its next catalyst. Currently trading just above the $105,000 level, BTC is showing signs of exhaustion. According to fresh data from CryptoQuant, the Average Directional Index (ADX), which measures trend strength, has dropped to its lowest reading in over a month on the hourly timeframe. This decline in ADX suggests that the current bullish trend may be losing momentum, and a period of sideways movement or a deeper correction could follow. Market participants are now closely watching support levels and key indicators for signs of the next move. A breakdown from current levels could trigger increased volatility, while a strong bounce backed by volume might reignite the bullish momentum . For now, the market remains on edge, with Bitcoin caught between macro-driven headwinds and hopes for a broader risk-on recovery. Bitcoin Holds Steady Above $105K as Trend Strength Weakens Amid rising global tensions and persistent macroeconomic uncertainty, Bitcoin continues to demonstrate resilience, holding firmly above the $105,000 level. While many risk assets have shown weakness, BTC remains relatively strong, benefiting from its status as a hedge in times of systemic stress. However, it now faces a pivotal test: can it gather enough momentum to retest and break above its all-time high near $112,000? Bitcoin is currently trading at a critical demand zone, but upward momentum appears to be stalling. Analysts are increasingly divided in their outlook, with some warning of a possible correction while others point to signs that the bull market remains intact. One major driver of market uncertainty is the bond market, where yields have surged and volatility has returned. This has created new dynamics for institutional flows and broader risk appetite across global markets. Top analyst Axel Adler shared technical insights indicating that the strength of Bitcoin’s current trend is fading. According to his analysis, the Average Directional Index (ADX) on the hourly chart has fallen to its lowest level in over a month. Additionally, the Signal Line—often used to confirm momentum—has dipped below the 20% zone, suggesting limited strength behind recent moves. Despite this, the setup is not entirely bearish. Adler notes that if bulls step in with strong volume and conviction, the market could see a renewed surge to challenge the all-time high. With Bitcoin holding a structurally bullish posture above key moving averages, the next few days will be critical in determining whether this consolidation will evolve into another breakout or give way to deeper retracement. For now, all eyes remain on trend strength and global catalysts that could shape BTC’s next major move. BTC Tests Support at $103.6K As Bulls Attempt Recovery Bitcoin is holding just above $105,000 after a volatile retrace from the $112,000 all-time high. The chart shows BTC consolidating in a tight range between $103,600 and $109,300, forming a critical decision zone. Price action has remained stable above the 34-day EMA ($103,274) and the 50-day SMA ($99,911), signaling that bulls are still in control despite short-term weakness. The key support level at $103,600 has been tested multiple times since early June and continues to act as a strong demand zone. If this level fails, BTC could revisit the $100,000 psychological mark or drop further toward the 100-day SMA around $92,094. However, as long as Bitcoin holds above this support, there’s room for a potential rebound. To the upside, BTC must reclaim the $109,300 resistance zone, which has capped multiple attempts in recent weeks. A successful breakout above that level would open the door for a retest of the ATH and possibly higher price discovery. Volume remains moderate, suggesting traders are cautious while awaiting macroeconomic clarity and further technical confirmation. Featured image from Dall-E, chart from TradingView