The TON Foundation has clarified its position regarding the UAE Golden Visa program, emphasizing that it holds no official endorsement or partnership with the UAE government. This statement follows confusion
BitcoinWorld MicroStrategy’s Unprecedented Bitcoin Holdings: A Bold Strategic Pause In the dynamic world of cryptocurrency, few entities have captured the attention of investors and enthusiasts quite like MicroStrategy (NASDAQ: MSTR). The software intelligence firm has become synonymous with Bitcoin, pioneering a corporate treasury strategy that has seen it accumulate a staggering amount of the digital asset. Recently, however, a notable development has emerged: a temporary halt in its relentless Bitcoin acquisition drive. This strategic pause, disclosed in a filing with the U.S. Securities and Exchange Commission (SEC), has sparked conversations across the market. What does it signify for the future of MicroStrategy Bitcoin holdings and the broader corporate adoption landscape? Understanding MicroStrategy’s Astounding Bitcoin Holdings MicroStrategy’s journey into Bitcoin began in August 2020, spearheaded by its then-CEO, Michael Saylor, who famously declared Bitcoin to be a superior store of value. Since then, the company has consistently added BTC to its balance sheet, turning itself into the largest publicly traded corporate holder of the cryptocurrency. The latest SEC filing reveals that between June 30 and July 6, MicroStrategy paused its Bitcoin purchases, marking the first such break since April. As of its last disclosure, MicroStrategy’s portfolio boasts an incredible 597,325 BTC . Valued at an astonishing $65 billion , these holdings represent a significant portion of the company’s overall market capitalization and a powerful bet on the future of digital assets. The average purchase price for this colossal stash stands at approximately $70,982 per BTC . This strategic accumulation has positioned MicroStrategy to realize substantial unrealized gains, currently estimated at a remarkable $22.6 billion , underscoring the success of its audacious strategy. This immense accumulation has transformed MicroStrategy into a de facto Bitcoin ETF for many investors, offering exposure to the leading cryptocurrency through traditional equity markets. The sheer scale of their holdings makes any move by the company, including a pause in acquisitions, a subject of intense scrutiny and analysis within the crypto community. Bitcoin Purchases Pause: A Strategic Reassessment or Opportunity? The recent Bitcoin purchases pause by MicroStrategy is a notable event, given their consistent buying pattern over the past few years. While the duration of this specific pause was short (June 30 to July 6), it invites speculation about the company’s current strategic outlook. Is this a momentary lull, a tactical adjustment, or does it hint at a broader reassessment of their acquisition pace? Several factors could contribute to such a decision: Market Valuation: With Bitcoin’s price fluctuations, the company might be evaluating optimal entry points. Pausing could indicate a belief that current prices are not ideal for large-scale accumulation, or simply a period of market observation. Capital Allocation: MicroStrategy might be re-evaluating its capital allocation strategies. While Bitcoin remains central, other operational needs or investment opportunities could momentarily take precedence. Funding Mechanisms: As The Block reported, the firm has been utilizing preferred stock sales to fund future acquisitions. These sales are complex financial instruments, and the timing of their execution, along with the availability of capital, could influence the pace of BTC purchases. A pause might be a logistical outcome of these funding cycles. Regulatory Landscape: The evolving regulatory environment for cryptocurrencies, particularly in the U.S., could also play a role in strategic decisions. Companies are increasingly mindful of compliance and potential shifts in policy. It’s important to note that a brief pause does not necessarily signal a change in MicroStrategy’s long-term commitment to Bitcoin. Instead, it could be a testament to a disciplined and measured approach to their investment strategy, ensuring that acquisitions align with broader financial objectives and market conditions. MSTR Bitcoin Strategy: Funding Future Growth and Acquisitions A crucial aspect of MicroStrategy’s aggressive Bitcoin accumulation has been its innovative funding approach. Unlike many corporations that might use free cash flow, MicroStrategy has frequently resorted to issuing convertible notes and, more recently, preferred stock sales to finance its MSTR Bitcoin strategy . This method allows the company to raise significant capital specifically for Bitcoin purchases without diluting its common stock shareholders directly through equity issuance for every buy. The use of preferred stock sales, as highlighted by The Block, is a sophisticated financial maneuver. Preferred stock typically offers a fixed dividend payment and has priority over common stock in claims on assets and earnings. For MicroStrategy, it provides a means to access substantial capital from institutional investors who are comfortable with the company’s unique Bitcoin-centric business model. This strategy allows them to continue accumulating Bitcoin even during periods where operational cash flow might not suffice for their ambitious acquisition targets. This funding mechanism demonstrates MicroStrategy’s commitment to its Bitcoin vision, showcasing a willingness to leverage various financial tools to expand its digital asset treasury. It also highlights the market’s appetite for exposure to Bitcoin through a publicly traded entity, even if it involves complex financial instruments. The Broader Impact of Corporate Bitcoin Adoption MicroStrategy’s pioneering stance has had a ripple effect, influencing the broader trend of corporate Bitcoin adoption . By demonstrating a viable and, thus far, highly profitable strategy for integrating Bitcoin into a corporate treasury, MicroStrategy has provided a blueprint and a case study for other companies contemplating similar moves. While many corporations remain cautious, MSTR’s success has undeniably opened conversations in boardrooms worldwide. Benefits for Corporations Considering Bitcoin: Inflation Hedge: Bitcoin is often seen as a hedge against fiat currency inflation, preserving purchasing power over time. Diversification: Adding a non-correlated asset like Bitcoin can diversify a corporate treasury, potentially reducing overall portfolio risk. Innovation and Brand Image: Embracing Bitcoin can signal a company’s forward-thinking approach and appeal to a tech-savvy investor base. Potential for Appreciation: The long-term growth potential of Bitcoin offers significant upside for early adopters. Challenges and Considerations: Volatility: Bitcoin’s price volatility remains a significant concern, posing risks to balance sheets. Regulatory Uncertainty: The lack of clear regulatory frameworks in many jurisdictions creates legal and compliance challenges. Accounting Treatment: Current accounting rules often require Bitcoin to be treated as an intangible asset, leading to potential impairment charges if its value drops. Security Risks: Managing large amounts of cryptocurrency requires robust cybersecurity measures. Despite these challenges, MicroStrategy’s enduring commitment and the substantial unrealized gains on its holdings serve as a powerful testament to the potential rewards of a bold corporate Bitcoin strategy. MSTR Stock Performance: A Proxy for Bitcoin’s Trajectory Over the years, MicroStrategy’s stock has become intricately linked with the price movements of Bitcoin. For many investors, purchasing MSTR stock performance is akin to gaining indirect exposure to Bitcoin, without directly holding the cryptocurrency. This correlation means that MSTR’s share price often mirrors Bitcoin’s trajectory, amplifying both its highs and lows. When Bitcoin rallies, MSTR stock tends to surge, often outperforming Bitcoin itself due due to the company’s leveraged bet on the asset. Conversely, during Bitcoin downturns, MSTR can experience sharper declines. This dynamic makes MSTR a highly volatile, yet potentially rewarding, investment for those bullish on Bitcoin’s long-term prospects. The company’s strategy has undeniably transformed its identity from a business intelligence software firm into a leading corporate vehicle for Bitcoin investment. This transformation is reflected in its shareholder base, which increasingly includes investors primarily interested in its crypto exposure rather than its core software business. Conclusion: A Pioneering Path Forward MicroStrategy’s recent pause in Bitcoin purchases, while brief, offers a glimpse into the strategic considerations of a company that has uniquely tied its fortunes to the world’s leading cryptocurrency. With its massive holdings of 597,325 BTC and substantial unrealized gains, MicroStrategy continues to stand as a testament to the potential of a bold, conviction-driven corporate treasury strategy in the digital age. The firm’s reliance on preferred stock sales to fund its acquisitions underscores its innovative approach to capital markets and its unwavering belief in Bitcoin’s long-term value. As the landscape of corporate finance evolves, MicroStrategy’s journey serves as a compelling case study, not just for Bitcoin enthusiasts, but for any company considering how digital assets might fit into their future financial strategies. Whether this pause is a mere blip or a signal of a nuanced shift, MicroStrategy remains a key player to watch in the ongoing narrative of institutional Bitcoin adoption. To learn more about the latest crypto market trends , explore our article on key developments shaping Bitcoin institutional adoption . This post MicroStrategy’s Unprecedented Bitcoin Holdings: A Bold Strategic Pause first appeared on BitcoinWorld and is written by Editorial Team
The Pepe price has risen by 3.5% in the past 24 hours, with its move to $0.00001007 coming as the crypto market as a whole loses 2% today. PEPE is now up by 2% in a week and by 13% in a fortnight, although it remains down by 12% in a month and up by only 9% in the past year. These are underwhelming percentages, yet Pepe’s fortunes may be about to change, with the coin’s price breaking out of a falling wedge pattern in the past couple of days. Given previous appearances of falling wedges, the coin could be on the brink of a breakout, while the long-term Pepe price prediction continues to look bullish. Pepe Price Prediction: PEPE Explodes Out of Falling Wedge Pattern – $1 PEPE Next Target? If we look at PEPE’s chart below, we see that the coin enjoyed a big rally the last time it broke through a falling wedge. Meanwhile, it appears to be about halfway through a similar climb, implying that it still has someway left to go before it stops rising. Source: TradingView As we can see above, PEPE’s current breakout should take it somewhere close to the $0.0000110 region, which is where it peaked after its last breakout earlier this month. However, it’s not certain that it will make it this far, if only because its indicators are beginning to sink, indicating a loss of momentum. Its relative strength index (yellow) has declined from 70 yesterday to almost 50 today, and it could drop lower. Looking at the bigger picture, PEPE’s trading volume today is $764 million, which is well below where it was in November and December, as well as in May. It’s also lower than it was at various points before November of last year, indicating that demand isn’t as high as it could be. A newly created wallet withdrew 500.6B $PEPE ($5.2M) from #Binance in the past 30 minutes. https://t.co/ogmsSs1kEK pic.twitter.com/VIzmERhaWQ — Lookonchain (@lookonchain) June 17, 2025 However, the past month has seen some whales accumulate PEPE, a sign that it remains a favored meme token among larger traders. It’s ability to rise to new levels – such as $0.00001150 – will depend on the wider market’s trajectory, with the mood still uncertain in the face of the US delaying an upcoming tariff deadline to August 1 . This provides time for the US to sign positive trade deals with various other economies, although it also extends the period of uncertainty that has prevailed ever since February. Assuming that positive developments do emerge, the Pepe price could therefore reach $0.00001150 by the end of August, and $0.000030 by the end of the year. Bitcoin Bull Raises $8.3 Million in Final Hours Before Launch: Is This the Biggest Rally of the Week A pessimist might argue that Pepe is a meme token on the decline, and that if a trader wants to secure some quick market-beating gains, they should probably look elsewhere. This means looking at newer meme coins such as SPX6900, Pudgy Penguins and Dog (Bitcoin), and it also means looking at presale tokens, which can often rally big when their sales end. One token whose sale is about to end is Bitcoin Bull (BTCBULL), an ERC-20 cryptocurrency that has now raised just over $8.3 million. $BTCBULL claim goes live 7th July, 2PM UTC. Don’t miss the charge. https://t.co/N1kqrY0bow pic.twitter.com/2mxOI6Qwsw — BTCBULL_TOKEN (@BTCBULL_TOKEN) June 30, 2025 The BTCBULL presale will end in only a few hours, so latecomers should act very quickly if they want to join. Bitcoin Bull has won over thousands of converts, largely by virtue of its deflationary tokenomics, which it has linked to Bitcoin’s price action. With a hard cap of 21 billion BTCBULL, it will conduct token burns whenever Bitcoin (BTC) itself reaches a new price milestone, beginning with $125,000. This will repeat with every additional $25,000, while Bitcoin Bull will also host Bitcoin airdrops whenever BTC adds another $50,000 to its price for the first time. This could make BTCBULL a very profitable token to hold, with holders also able to stake the token for a passive income. As noted above, the coin’s sale will end very soon, but you can still join it by going to the Bitcoin Bull website . BTCBULL costs $0.002585, although the success of its sale suggests that this could rise much higher once it lists. The post Pepe Price Prediction: PEPE Explodes Out of Falling Wedge Pattern – $1 PEPE Next Target? appeared first on Cryptonews .
Recently-launched platform LetsBONK.fun has become the first meme coin launchpad on Solana to flip Pump.fun in volume, adding weight to bullish BONK price forecasts . This surge came alongside a 25% jump within 24 hours over the weekend, breaking the persistent downtrend that has capped the meme coin since mid-May. With the “Liberation Day” tariff pause deadline extended to August 1 and expectations of 0.25%–1% rate cuts starting as early as July, macro FUD giving way to risk-on sentiment. UPDATE: Most major banks now expect the Fed to cut rates by 25–100bps starting as early as July, while a few still see no cuts in 2025. pic.twitter.com/rjnPVpIMYM — Cointelegraph (@Cointelegraph) June 30, 2025 LetsBONK Flips Pump.fun: What it Means for BONK LetsBONK has become the first to dethrone Solana-based meme coin launchpad leader Pump.fun since it launched, with more daily meme coin launches, graduations, and volume. According to a Dune Analytics Dashboard , LetsBONK overtook Pump.fun in 24-hour token launches early Sunday, with its lead widening to 9,570 tokens into Monday trading. LetsBonk.fun leads in tokens created among Solana meme coin launchpads. Source: Dune Analytics. LetsBONK also saw more graduations over the past 24 hours, with 203 compared to Pump.fun’s 58—retail liquidity appears to be flowing to LetsBONK as the current platform of choice. This surge in activity has pushed LetsBONK.fun’s market share to 54.8%, while Pump.fun has slipped to 34.9%, according to data from Solana DEX aggregator Jupiter . LetsBONK.fun leads in volume, market share among Solana meme coin launchpads. Source: Jupiter. Despite having half as many active addresses, LetsBONK logged $129 million more in 24-hour trading volume. Increasing adoption has significant implications for BONK price action. LetsBONK uses half of its platform fee revenue to buy and burn BONK tokens—adding deflationary pressure. Fee revenue is also used to buy BONKsol, a liquid staking token that generates yield that can be used to fund further token buybacks, burns, and other Bonk community initiatives. BONK Price Prediction: Can Adoption Push Bonk to $1? While the coveted $1 Bonk price target gains credibility with LetsBONK’s growing dominance and deflationary pressure, it remains a largely speculative long-term goal. Gap is widening Still a long road ahead to make sure this is a daily occurrence, but the battle is on. I also haven’t slept in 3 days so feeling it badly atm pic.twitter.com/wEkr8juIQv — Tom (@SolportTom) July 6, 2025 The current technical setup leaves room for near-term upside, with a breakout from a 6-month cup and handle pattern still unfolding. BONK / USDT 1-day chart, 6-month cup and handle pattern. Source: TradingView, Binance. Although much of the post-breakout momentum has played out, the pattern’s projected top sits 36% higher at $0.00003170 The gains might not stop there, the 1.618 Fibonacci extension at $0.0000365 seems the more natural top, bringing the gains to 57% line with historic resistance stretching back to late-2024. The MACD line points to a strong and lasting uptrend, widening its lead above the single line as bulls maintain dominance. However, caution is warranted. The RSI has pushed above the overbought threshold at 75, signaling potential buyer exhaustion. If a pullback occurs, the 0.618 Fib level at $0.0000195 offers a likely local bottom to maintain the broader breakout structure. $1 BONK Remains Distant – Here’s How to Make Faster Gains When it comes to large meme coins like BONK, gains are limited. Explosive breakouts take months to build, and pan out in days—holder spend most of their time waiting. Meanwhile, newer coins making the rounds like Aura are posting 46x gains in a single day. That’s where Snorter ($SNORT) steps in. Its purpose-built trading bot is engineered to spot early momentum, helping investors get in before the crowd—where the real gains are made. While trading bots are not a new concept, Snorter has been designed specifically for sniping with limit orders, MEV-resistant token swaps, copy trading, and even rug-pull protection. It’s one thing to get in first, it’s another thing to know when to sell—Snorter Bot can help. Sniffer Bot vs. other popular trading bots. The project is off to a strong start— $SNORT has already raised over $1.4 million in its initial presale weeks, likely driven by its high 224% APY on staking to rewards early investors. You can keep up with Snorter on X , Instagram , or join the presale on the Snorter website . The post Bonk Price Prediction: BONK Soars 25% in 24 Hours, Flips Pump.fun in Volume – $1 BONK Incoming? appeared first on Cryptonews .
The TON Foundation is distancing itself from early Golden Visa claims, saying the move is an independent initiative with no official backing from the United Arab Emirates government.
Despite Ether’s repeated rejection at $2,800, more bullish signs suggest that ETH price is still on its way toward $5,000 in 2025.
CoreWeave, a Nasdaq-listed artificial intelligence and cloud solutions provider, has announced its acquisition of Core Scientific, a top cryptocurrency mining data center, in a deal worth approximately $9 billion. The CoreWeave team revealed in a press release on July 7, 2025 that the companies have signed a definitive agreement for the acquisition, with the deal set for an all-stock transaction. It’s the latest development in CoreWeave’s quest to acquire the Bitcoin ( BTC ) mining company, with the first attempt of $1 billion rebuffed in June 2024. If the deal sails through as expected in the fourth quarter, CoreWeave will offer Core Scientific shareholders 0.1235 newly-issued CoreWeave shares for each Core Scientific stock. The acquisition is thus expected to close at a total equity value of $9 billion. You might also like: Strategy hits pause on Bitcoin binge after $14b Q2 windfall Deal to close in Q4 Pending regulatory approval and a green light from Core Scientific stockholders, CoreWeave plans to leverage Core Scientific’s infrastructure to further its AI and high-performance computing solutions. Michael Intrator, chief executive officer and board chair of CoreWeave, said the move will allow the company to scale its workloads more efficiently. “Verticalizing the ownership of Core Scientific’s high-performance data center infrastructure enables CoreWeave to significantly enhance operating efficiency and de-risk our future expansion, solidifying our growth trajectory,” Intrator added. “Owning this foundational layer of our platform will enhance our performance and expertise as we continue helping customers unleash AI’s full potential.” CoreWeave also sees other strategic advantages in the acquisition, including improved operational efficiency, financing flexibility, and a reduced cost of capital. Core Scientific’s infrastructure will further bolster CoreWeave’s operational expertise. Financially, CoreWeave expects the acquisition to reduce its future lease expenses by over $10 billion over the next decade. Additionally, the Core Scientific platform will contribute approximately 1.3 gigawatts of power capacity to CoreWeave’s network. Reports that the AI and cloud company was looking to make a second bid emerged at the of last month. Notably, the companies have worked together, with a $1.2 billion expansion effort in Texas one of their collaborations. “As our longstanding partner, CoreWeave has experienced firsthand the operational excellence we deliver and the value of the services we provide,” said Adam Sullivan, president and chief executive officer of Core Scientific. Core Scientific stockholders will account for less than 10% of the combined company ownership, CoreWeave noted. You might also like: Russia launches national crypto mining registry to crack down on illegal operations
Husky Inu (HINU) started a crucial week for the crypto and traditional markets with a price jump, rising from $0.00018578 to $0.00018632. The price jump is part of its pre-launch phase, which began on April 1. The presale and pre-launch phases have helped the project reach significant fundraising milestones. Husky Inu recently crossed the $800,000 mark and has raised a total of $813,896. Husky Inu (HINU) Registers Latest Price Jump Husky Inu (HINU) started the week with its latest price jump, rising from $0.00018578 to $0.00018632. The price jump is part of the project’s pre-launch phase, which officially began on April 1, immediately after the presale ended. The pre-launch phase is designed to empower the fledgling Husky Inu community, allowing it to continue its fundraising efforts as its launch date draws closer. The pre-launch phase is the next step in the project’s roadmap, allowing it to raise capital to fund platform improvements, ongoing developments, marketing initiatives, and broader ecosystem expansion. The project adopted a dynamic pricing strategy during the pre-launch phase, with the HINU token price rising every two days. This strategy has been instrumental in the project’s fundraising efforts, helping it cross the $800,000 milestone. The dynamic pricing strategy has helped the project raise funds while maintaining a favorable price for its fledgling community. Husky Inu (HINU) Crosses $810,000 Milestone Husky Inu (HINU) adopted a highly dynamic pricing strategy once the pre-launch phase started. This allowed the project to raise funds more effectively. The pricing strategy allows the project to increase the price of the HINU token every two days, enabling it to raise funds while maintaining favorable pricing and empowering the project’s growing community. The project crossed the $750,000 milestone on May 16 and the $800,000 milestone on June 15. Crypto Market Starts Crucial Week In The Red Bitcoin (BTC) heads into a crucial week with President Trump’s tariff deadline looming and the Federal Open Market Committee (FOMC) minutes, scheduled for release on Wednesday. President Trump’s tariff deadline is likely the most important catalyst for BTC. The 90-day pause expires on July 9. The US has reached preliminary trade agreements with several countries, including China and the UK. However, Canada, the European Union, Japan, and South Korea may revert to the tariffs announced in April. The Federal Open Market Committee (FOMC) minutes are also scheduled for release on Wednesday and could act as another decisive catalyst for BTC. BTC is marginally down during the ongoing session, trading around $108,488. Ethereum (ETH) lost momentum after briefly rising to $2,600, and is down nearly 1%, trading around $2,535. However, Ripple (XRP) has rebounded and is up over 3%, trading around $2.34. Solana (SOL) has held above $150 despite selling pressure, and is trading around $151. However, Dogecoin (DOGE) is down almost 1%, while Shiba Inu (SHIB) is down nearly 2%, trading around $0.0000116. Chainlink (LINK), Hedera (HBAR), Stellar (XLM), and Polkadot (DOT) also registered notable increases. Visit the following links for more information on Husky Inu: Website: Husky Inu Official Website Twitter: Husky Inu Twitter Telegram: Husky Inu Telegram Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Toncoin (TON) plunged 9% to $2.78 after a sharp rally to $3.06 reversed, as bearish pressure overwhelmed buyers despite $148M in DeFi growth. The pullback follows a brief surge driven by Telegram’s adoption and institutional interest. Now, with the MACD and RSI turning bearish, traders are eyeing $2.70 as the next key support level. Telegram’s 800M Users Fuel TON Adoption TON’s biggest advantage is its deep integration with Telegram, the messaging app with over 800 million active users, where it serves as the exclusive blockchain infrastructure for the platform’s Mini App ecosystem and as its native currency. $TON is very broad ecosystem with many paths for Community to explore! – Memepads: some of the largest Memepads in the world are built on TON & Telegram, Like Blum or PocketFi – Variety of DEX’es to choose, that are also accessible as MiniApps on Telegram, such as DeDust &… pic.twitter.com/aySo8ddqsA — Viktor (@s0meone_u_know) May 20, 2025 This partnership has enabled the launch of TON Space, a non-custodial crypto wallet now available in the U.S., allowing users to buy and send cryptocurrencies directly within Telegram via MoonPay, a leading fiat-to-crypto payment processor. The RWA narrative just got a huge push as @librecap & TON Foundation are tokenizing $500M of Telegram bonds on TON Blockchain via the Telegram Bond Fund ($TBF)! Key points: $500M in Telegram bonds on TON Access for institutional & accredited investors Powered by Libre… pic.twitter.com/nXOdSsatKN — TON (@ton_blockchain) April 30, 2025 The TON Foundation, the organization behind the blockchain, has partnered with Libre, a financial infrastructure platform, to launch a $500 million fund dedicated to tokenizing real-world assets (RWAs) like government bonds. This move positions TON as a key player in the growing RWA sector, which bridges traditional finance and blockchain. TON TVL (Source: DefiLlama) DeFi activity is also on the rise, with TVL reaching $148.77 million. Key projects like STON.fi, EVAA, and Factorial are driving utility, while Telegram trading bots (like Blum) account for 25% of on-chain transactions. The upcoming integration of Ethena’s USDe stablecoin could unlock stable yields for Telegram’s massive user base. To handle increasing demand, TON’s developers have rolled out key upgrades. Broxus, a core development team, introduced TON Factory, a toolkit designed to optimize smart contract performance. Developer engagement continues to accelerate. Broxus launched TON Factory to fast-track TVM scaling. A recent Tact smart contract challenge attracted 1,393 participants. While other chains struggle with developer retention, TON attracts builders in record numbers: pic.twitter.com/2kGg4HXPCy — Ownership Coin (@ownershipcoin) May 27, 2025 The original TON Bridge, which facilitated cross-chain transfers, has been retired after facilitating over 100 million TON transfers. It has been replaced by more secure and scalable solutions from LayerZero and Axelar, two leading blockchain interoperability platforms. Despite price fluctuations, TON’s fundamentals remain robust. Daily network income recently reached $17.39 million, reflecting heavy usage of DeFi and dApps. The broader TON ecosystem has generated $2.5 million in revenue as of July 2025, and the TON Foundation’s developer grant program, launched in May 2025, is accelerating the deployment of new projects. Update: UAE gov has confirmed you can’t get a Golden Visa by investing in crypto. Bummer for $TON buyers, it’s ~6% down from today’s high and the news came out around an hour ago. https://t.co/G2BydgTMFJ pic.twitter.com/LXxcqyh2ZE — Sanjay (@SanjayWeb3) July 6, 2025 A July rumor about UAE Golden Visas via TON staking was debunked , but expansion efforts continue. TON Foundation CEO Max Crown (formerly of MoonPay) is expected to strengthen regulatory alignment. Toncoin Faces Bearish Pressure After Blow-Off Top, Despite Brief Buyer Engagement Toncoin (TON/USDT) is trading at $2.787, retracing from a sharp blow-off top near $3.05 on July 6. The explosive move upward occurred over a handful of hourly candles, followed by an equally swift rejection — a classic pattern of liquidity-driven euphoria followed by supply shock. Since then, price action has shifted into a descending channel, marked by consistently lower highs and failed bounce attempts. $LINK/USDT price chart, July 7 (Source: TradingView) Momentum indicators support the bearish trend. The MACD has crossed bearishly and flattened below the zero line, indicating a loss of upside energy and the emergence of sustained seller control. The RSI at 37.39 confirms weakening demand, drifting into oversold conditions without any signal of reversal momentum or bullish divergence. Volume footprint data offers deeper insight into market behavior. At 11:00 UTC, a sizeable +38.86K delta reflected a wave of buyer initiative. However, this activity failed to establish higher ground. Instead of continuation, the following candles saw sharp negative deltas (–8.61K and –2.83K), not due to passive absorption, but rather increased market selling into support. This indicates that buyers lacked the conviction or size to sustain control, and sellers became increasingly aggressive as price hovered near key levels. TON’s failure to convert demand into directional progress leaves it vulnerable. Without a decisive push above $2.88–$2.90, the descending structure is likely to break lower, with potential downside targets at $2.70 and $2.68. Further buyer hesitation could accelerate the decline. The post Toncoin Plunges 9% After $3 Rally—Can Telegram’s 800M Users Save It? appeared first on Cryptonews .
BitcoinWorld Bitcoin Treasury: Murano Global’s Bold Move Signals Future Corporate Strategy In a fascinating development that underscores the accelerating shift towards digital assets, real estate developer Murano Global Investments (NASDAQ: MRNO) has announced a groundbreaking decision: the integration of a Bitcoin treasury strategy into its core corporate operations. This move isn’t just a fleeting headline; it’s a powerful statement about the evolving landscape of corporate finance and the increasing embrace of Bitcoin as a legitimate, strategic asset. For anyone tracking the pulse of the cryptocurrency market, Murano’s initial purchase of 21 BTC, with plans to expand its holdings through operating cash flows and capital markets, signifies a profound endorsement of Bitcoin’s long-term value proposition. Murano Global’s Strategic Embrace of Institutional Bitcoin Murano Global Investments, a prominent player in the real estate sector, is not merely dabbling in cryptocurrency; it’s embedding it into its financial framework. This strategic decision positions Murano as one of the pioneering companies in its industry to formally adopt institutional Bitcoin as a treasury asset. The company’s rationale, as reported by Cointelegraph, centers on leveraging its robust financial health to diversify and potentially enhance its balance sheet. What does this mean in practical terms? Initial Acquisition: Murano has already acquired 21 BTC, signaling a concrete commitment. Funding Mechanism: Future acquisitions will be funded through a combination of operating cash flows, demonstrating confidence in their ongoing business performance, and capital markets, indicating a willingness to tap into broader financial resources. Long-Term Vision: This isn’t a speculative trade; it’s a long-term treasury strategy, suggesting a belief in Bitcoin’s enduring role as a store of value. This move by Murano Global is a testament to the growing mainstream acceptance of Bitcoin beyond individual investors and into the realm of corporate treasuries. It highlights a proactive approach to managing corporate assets in an increasingly digital and inflationary global economy. Why Companies Are Adopting a Corporate Bitcoin Strategy The trend of companies holding Bitcoin on their balance sheets isn’t new, but it is gaining significant momentum. Murano Global’s decision falls within a broader pattern where businesses are exploring alternative asset classes to protect and grow their capital. A robust corporate Bitcoin strategy offers several compelling advantages: Inflation Hedge and Store of Value In an era of quantitative easing and rising inflation concerns, Bitcoin’s fixed supply of 21 million coins makes it an attractive hedge against the devaluation of fiat currencies. Unlike traditional assets, Bitcoin is decentralized and not subject to the monetary policies of any single government, offering a unique form of financial sovereignty. Diversification of Treasury Assets Relying solely on cash or traditional bonds can expose companies to specific risks. Bitcoin provides an uncorrelated asset that can help diversify a corporate treasury, potentially reducing overall portfolio risk while offering exposure to a high-growth technological innovation. Potential for Appreciation Despite its volatility, Bitcoin has historically demonstrated significant long-term appreciation. Companies like Murano might view a portion of their treasury in BTC as a strategic investment with substantial upside potential, especially as global adoption continues to accelerate. Technological Innovation and Forward-Thinking Image Embracing Bitcoin can signal a company’s commitment to innovation and its willingness to adapt to emerging financial technologies. For a real estate developer like Murano, this could also be a way to appeal to a new generation of tech-savvy investors and clients. Accessibility and Liquidity The Bitcoin market is global, operates 24/7, and boasts immense liquidity, making it relatively easy for large institutions to enter and exit positions when necessary. This accessibility is a key factor for corporate treasury management. Precedents and the Broader Crypto Adoption Landscape Murano Global is joining a growing list of public and private companies that have added Bitcoin to their balance sheets. The most prominent example is MicroStrategy, led by Michael Saylor, which pioneered the crypto adoption movement for corporate treasuries, holding tens of thousands of BTC. Other notable examples include: Tesla: Briefly held significant Bitcoin, later selling a portion. Block (formerly Square): Jack Dorsey’s company has invested in Bitcoin and continues to integrate it into its services. Marathon Digital Holdings: A Bitcoin mining company that holds a substantial amount of BTC on its balance sheet. These examples illustrate that the concept of a Bitcoin treasury is not an isolated phenomenon but a burgeoning trend among forward-thinking corporations. The real estate sector, traditionally conservative, seeing a player like Murano make such a move, speaks volumes about Bitcoin’s maturing perception as a legitimate financial asset. Table: Select Public Companies with Bitcoin on Balance Sheet (Illustrative) Company Industry Primary Motivation (General) MicroStrategy Software/Business Intelligence Inflation hedge, capital preservation, long-term growth Tesla Automotive/Clean Energy Investment, payment acceptance Block (Square) Financial Services/Payments Investment, strategic alignment with crypto services Marathon Digital Holdings Bitcoin Mining Holding mined BTC, investment Murano Global Investments Real Estate Diversification, long-term value, innovation What Are the Challenges and Risks for a Corporate Bitcoin Strategy? While the benefits are clear, adopting a corporate Bitcoin strategy is not without its challenges. Companies like Murano must carefully navigate several critical considerations: Volatility: Bitcoin’s price can be highly volatile, leading to significant fluctuations in the value of treasury holdings. This requires a strong conviction and long-term perspective. Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is still evolving globally. Changes in regulations could impact the legal and operational aspects of holding digital assets. Security Risks: Storing Bitcoin securely requires specialized knowledge and robust cybersecurity measures to protect against hacks and theft. Accounting and Tax Implications: The accounting treatment for cryptocurrencies can be complex, and tax implications vary by jurisdiction, requiring expert financial and legal advice. Public Perception: While increasingly accepted, some stakeholders might still view Bitcoin as a risky or speculative asset, potentially impacting investor relations. Murano Global’s decision suggests they have weighed these risks against the potential rewards and have a robust framework in place to manage them. Their phased approach to expanding holdings indicates a cautious yet confident strategy. Actionable Insights for Businesses Considering Crypto Adoption For other companies contemplating a similar move, Murano’s strategy offers valuable lessons. Here are some actionable insights: Start Small and Scale: Like Murano’s initial 21 BTC purchase, a phased approach allows for learning and adaptation without undue risk. Conduct Thorough Due Diligence: Understand the technology, market dynamics, regulatory environment, and security best practices. Develop a Clear Strategy: Define the purpose of holding Bitcoin (e.g., inflation hedge, growth asset), allocation limits, and risk management protocols. Engage Experts: Consult with legal, accounting, and cybersecurity professionals experienced in digital assets. Educate Stakeholders: Ensure boards, investors, and employees understand the rationale and risks involved. Prioritize Security: Implement institutional-grade custody solutions and internal security protocols. The journey into digital asset treasuries requires foresight and meticulous planning, but the potential long-term benefits for businesses can be substantial. The Future is Digital: Murano’s Bold Step Paves the Way Murano Global Investments’ embrace of a Bitcoin treasury strategy is more than just a financial transaction; it’s a significant indicator of Bitcoin’s growing maturity and its increasing role in mainstream corporate finance. As a real estate developer, Murano operates in an industry that relies heavily on stable long-term assets and capital preservation. Their decision to allocate capital to Bitcoin underscores a belief in its potential to serve these very purposes in the digital age. This move is likely to inspire other companies, not just in real estate but across various sectors, to re-evaluate their traditional treasury management practices. The narrative is shifting from ‘if’ companies will adopt digital assets to ‘when’ and ‘how.’ Murano Global is not just building properties; they are helping to build the foundation for a new era of corporate financial strategy, where digital assets like Bitcoin play a crucial, integral role. To learn more about the latest explore our article on key developments shaping Bitcoin institutional adoption. This post Bitcoin Treasury: Murano Global’s Bold Move Signals Future Corporate Strategy first appeared on BitcoinWorld and is written by Editorial Team