Singapore-based crypto firm Amber International has announced the completion of a $25.5 million private placement to foster its $100 million crypto ecosystem reserve fund. The private placement was priced at $10.45 per share, the company said in a statement on Thursday . The price is based on a 5% discount to the company’s three-day volume-weighted average trading price. “Proceeds from the private placement will be strategically used to enhance Amber International’s $100 million Crypto Reserve initiative, which is designed to support long-term ecosystem alignment and product innovation.” The raise saw participation from institutional investors, including CMAG Funds, Mile Green, Pantera Capital, Kingkey Financial International, and others. Amber issued more than 12 million Class A ordinary shares, equal to about 2.44 million American Depositary Share (ADS), on Nasdaq. Amber International Crypto Reserve Allocations The Nasdaq-listed company announced its crypto reserve strategy early this year diversifying allocations in Bitcoin , Ethereum and Solana . Amber is now extending its coverage to Binance Coin, Ripple’s XRP and SUI, the announcement added. This signals a wave of institutional conviction, especially when BNB witnesses $50M scooped up by Nano Labs . Further, XRP is regaining institutional relevance after a June dip and is holding above $2.25, while SUI’s 54% dev growth and bullish sentiment are offset by technical consolidation. The company noted that it will use crypto reserves to align with developers operating on these blockchains, aiming to offer liquidity, capital, and technical support. The approach directly addresses one of the critical pain points – the lack of institutional-grade infrastructure to support blockchain adoption and scalability. “The Reserve will further empower the Company to remain at the forefront of blockchain innovation in areas such as Real World Assets (RWA) and AgentFi, strengthening its leadership in the next wave of Web3 financial infrastructure,” Amber noted. Amber’s stock closed down 6.7% on Thursday, per Yahoo Finance data . Further, the shares have dropped 23.8% in the past five days and 12% in the last month The post Amber International Raises $25.5M in Private Placement to Advance Crypto Strategy appeared first on Cryptonews .
Solana approaches a pivotal $159 resistance level amid rising decentralized exchange volumes and the debut of its first Staking ETF, signaling potential for a significant price breakout. The launch of
Arbitrum is a leading Ethereum Layer-2 scaling solution, enabling faster and cheaper transactions. It hosts a growing ecosystem of DeFi, gaming, AI‑powered protocols, and community tokens. The sub-$1M market cap projects in this list represent early‑stage plays with potential upside—but they come with elevated risk and volatility. Nutcoin (NUT) Nutcoin is a hyper‑inflationary meme token launched on Arbitrum, designed for community fun rather than deep utility. It boasts an enormous supply (~20 trillion), contributing to its ultra-low unit price. Despite being a meme token, it sees consistent activity on Arbitrum DEXs and centralized exchange data feeds. NUT is a memecoin deployed on Ethereum with a fixed capped supply. The cryptocurrency was created for entertainment purposes and for building a strong community around NUTS memes creation. Price: $0.0000000347 Market Cap: $697,429 (circulating supply ~20.09 trillion NUT) 24‑h Volume: $570,906 Exchanges Traded: Nutcoin is primarily available via Arbitrum-based decentralized exchanges (DEXs) by swapping directly against ETH or stablecoins — common on Uniswap (Arbitrum network). Credbull (CBL) Credbull is a meme‑style token native to Arbitrum, driven by community engagement. It exhibits modest popularity with steady liquidity, supported by both centralized and decentralized trading venues. The Credbull Token (CBT) powers the ecosystem, supporting staking, governance, and user rewards. Token holders gain access to decision-making processes, can earn rewards through staking, and unlock benefits across various platform features. The token is designed to provide value and utility within the platform’s ecosystem Price: $0.004731 Market Cap: $913,639 (circulating supply ~193.3 million CBL) 24‑h Volume: $123,518 Exchanges Traded: Mexc, Gate SpaceCatch (CATCH) SpaceCatch is a utility token within an Arbitrum-based gaming ecosystem. It functions as the medium for marketplace purchases and rewards tied to in-game milestones, blending utility and user engagement. One of the standout features of SpaceCatch is its use of advanced augmented reality technology, marking it as a pioneer in the Web3 market by offering an unparalleled gaming experience. Developed by Pixelfield, a professional gaming studio, SpaceCatch distinguishes itself from other play-to-earn games through its solid execution, focus on delivering an ultimate gaming experience, advanced AR combat mode, and a sustainable move-to-earn concept aimed at ensuring a long-term engagement for players. Price: $0.07821 Market Cap: $861,517 (circulating supply ~11.02 million CATCH) 24‑h Volume: $259,990 Exchanges Traded: Uniswap V3/V4 (Arbitrum), Gate.io, MEXC Global Aperture Finance (APTR) Aperture Finance is an AI-powered DeFi protocol on Arbitrum. Its IntentsGPT network automates liquidity operations, aiming to simplify DeFi usage through intelligent intent handling and efficient execution. The platform’s architecture is built on blockchain technology, ensuring security and immutability of transactions. Users can engage in activities such as lending, borrowing, and trading, all facilitated by smart contracts that automate processes and minimize the risk of human error. The use of APTR as a native token within the ecosystem allows for seamless transactions and incentivizes participation through staking and governance roles. Price: $0.001113 Market Cap: $100,000 (circulating supply ~90.9 million APTR) 24‑h Volume: $239,143 Exchanges Traded: Uniswap V3 (Arbitrum), Bybit, Gate.io, CoinEx, Arcadeum (ARC) Arcadeum is an emerging gaming/metaverse token built on Arbitrum. Although in early stages, its substantial trading volumes suggest strong market interest, despite a lack of publicly reported circulating supply. ARC is Arcadeum’s base utility token. ARC has a fixed supply and no more ARC can ever be minted. While ARC can be bridged to other chains, all features are currently available on Arbitrum. Price: $0.028957 Market Cap: $222k 24‑h Volume: $6,625,375 Exchanges Traded: Gate, Htx, lbank Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
XRP demonstrates similarities to its legendary 2017 surge. Solana gains from increased institutional investment interest. Continue Reading: Witness XRP and Solana Soaring with New Highs The post Witness XRP and Solana Soaring with New Highs appeared first on COINTURK NEWS .
Shares of DeFi Development Corp. surged 17% on Thursday after the company revealed it had acquired $2.7 million worth of Solana as part of its aggressive crypto treasury strategy. Key Takeaways: DeFi Development Corp. shares surged 17% after announcing a $2.7 million Solana purchase. The company’s Solana holdings now total 640,585 SOL, worth roughly $98 million. DeFi Development Corp. plans to raise $112.5 million to support its Solana-focused strategy. The company said it purchased 17,760 SOL tokens at an average price of $153.10, bringing its total Solana holdings to 640,585 SOL, valued around $98 million, according to a Thursday press release . DeFi Development Corp. stated it plans to hold the newly acquired Solana long-term and will stake the tokens to earn additional yield. DeFi Development Corp. Shares Jump After Solana Investment News Investors reacted positively to the announcement, with the stock (DFDV) climbing to $23.80 by the close of trading, and rising another 0.8% in after-hours trading to finish at $24, according to Google Finance. The two-day rally has seen shares jump nearly 30% from Wednesday’s low of $18.47, although the stock remains 33% below its May peak of $35.53. Year-to-date, shares have skyrocketed over 2,700%. The buying spree comes despite recent financial headwinds for the company. In its March quarter report, DeFi Development Corp. posted a 30% drop in net revenue and a 15.5% decline in net profit margin compared to the same period last year. In a July 2 letter to shareholders, management emphasized plans to keep capital flexible and protect investors from short-term liquidation risks, adding that its balance sheet is designed to withstand prolonged market downturns. News: DeFi Development Corp (Nasdaq: $DFDV ) has purchased 17,760 Solana coins for $2.72 million. This brings the company’s total Solana holdings to 640,585 $SOL , currently worth around $98.1 million—making it one of the largest public holders of Solana. The newly acquired… pic.twitter.com/bDftGzhBH4 — Crypto Coin Show (@CryptoCoinShow) July 4, 2025 Earlier this week, the company announced plans to raise $112.5 million through private placements, expected to close Monday. Of the proceeds, $75.6 million will go toward a prepaid forward stock purchase, while the rest will fund general corporate purposes, including further Solana purchases. Although DeFi Development Corp. withdrew a separate $1 billion Solana investment plan last month following an SEC filing issue, the latest move underscores its continued commitment to expanding its crypto treasury. Sol Strategies Doubles Down on Solana Treasury DeFi Development Corp. is not the only firm betting beg on Solana. Canadian digital asset firm Sol Strategies, already trading on the Canadian Securities Exchange, holds over 420,000 SOL tokens, positioning itself as a significant institutional player in Solana’s ecosystem. Last month, the firm also filed to list its common shares on the Nasdaq Capital Market under the ticker “STKE” as it ramps up its U.S. expansion. In its SEC filing, Sol Strategies emphasized its focus on Solana, citing the blockchain’s growing role in asset tokenization and digital infrastructure as key drivers for future growth. The firm has also secured a $500 million convertible note facility earmarked for acquiring and staking additional SOL, further aligning its treasury strategy with Solana’s staking economy. As a foreign private issuer, Sol Strategies will continue to follow Canadian governance practices, giving it flexibility compared to U.S. corporate rules. The firm recently filed a $1 billion shelf prospectus in Canada, aiming to build financial firepower for Solana-focused initiatives. The post Nasdaq-Listed DeFi Development Corp. Jumps 17% After $2.7M Solana Purchase appeared first on Cryptonews .
Olympus Pro aims to empower DeFi builders and protocols by providing treasury tools, bonding mechanisms, risk management frameworks, and collaborative staking opportunities. Tokens within this ecosystem often exhibit enhanced yield strategies, decentralized governance participation, and integration with Olympus Pro vaults—making them attractive for both yield-seekers and protocol diversifiers. Below are four Olympus Pro–compatible tokens, based on CoinMarketCap data. Note: This list is sorted in no particular order. Keep3rV1 (KP3R) Keep3rV1 is a decentralized keeper network that connects projects needing automated or external task execution with independent developers (“keepers”) who perform these jobs in exchange for KP3R tokens. Keep3rV1 seeks to reduce the upkeep faced by blockchain-based projects that utilize large numbers of smart contracts to power increasingly complex systems. These projects often require external actors to complete tasks, and Keep3rV1 is designed to be a decentralized ecosystem for projects and developers to more efficiently work together. Price: $4.45 Market Cap: $1,892,393 24‑h Volume: $199,829 Exchanges Traded On (7): MEXC (KP3R/USDT), Gate (KP3R/USDT), CoinEx (KP3R/USDT), Kraken (via aggregated pools), Uniswap v3 (KP3R/ETH), SushiSwap (KP3R/WETH), Uniswap v2 (KP3R/WETH). BarnBridge (BOND) BarnBridge offers structured finance derivatives in DeFi, allowing users to hedge duration and volatility risk via tokenized tranches. BOND serves as its native governance token. BarnBridge is a project that expands the functionality of DeFi to make it more flexible and efficient. By tokenizing market fluctuations and exposure to risks, it can reduce volatility for conservative investors or increase it for daytraders. BarnBridge enables traditional risk management tools and fixed income instruments on the DeFi market. The main focus is dividing cryptocurrency risks into tranches so market participants, depending on their risk profile, can invest in different products or assets. Price: $0.1495 Market Cap: $1,182,814 24‑h Volume: $821,684 Exchanges Traded On (13): Gate (BOND/ETH), MEXC (BOND/USDT), Uniswap v2 (BOND/USDC), Binance, KuCoin, Kraken, plus several other centralized and decentralized venues. SpookySwap (BOO) SpookySwap is a Fantom-based AMM DEX featuring token swaps, liquidity pools, farming, staking, and cross-chain bridges. BOO acts as its governance and reward token. The platform’s native token, BOO, serves as a governance token, allowing holders to participate in decision-making processes. This governance aspect empowers the community to influence the platform’s development and future directions. SpookySwap also offers diverse farming opportunities, enabling users to earn rewards by providing liquidity to various pools. Price: $0.11 Market Cap: $1,032,002 24‑h Volume: $56,760 Exchanges Traded On: MEXC (BOO/USDT), SpookySwap DEX (BOO pairs like BOO/WFTM), plus aggregated listings on DeFi aggregators. THORSwap (THOR) THORSwap is a multichain DEX aggregator built on THORChain, supporting cross-chain liquidity routing and walletless swaps. THOR is used for governance, node bonding, and liquidity incentives. @THORSwap is back again with two major updates. – @paperX_Art is now leading operations, a well-deserved recognition for a true builder. Massive congrats so throw this one some love With v3 rolling out, THORSwap just dropped its roadmap for the year. Exciting times lie ahead for the growing community and the Chads. Price: $0.0736 Market Cap: $14,480,000 24‑h Volume: $10,940 Exchanges Traded On: CoinEx (THOR/USDT), Binance (spot listings), THORChain network swaps, Sushiswap, and other smaller DEX routers. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
This content is provided by a sponsor. A new privacy paradigm powered by Intel SGX launched June 23, 2025 In a digital world where online privacy is increasingly compromised, most VPNs still ask users to “trust” a no-logs policy. VP.net, launched June 23rd, flips that model entirely. Built on Intel SGX (Software Guard Extensions), VP.net
The International Monetary Fund (IMF) has reportedly rejected Pakistan’s proposal to utilize excess power to offer cheaper electricity to the crypto mining sector, despite the country’s surplus energy capacity. Pakistan’s Crypto Mining Proposal Faces Uncertainty On Thursday, news outlet Independent Urdu reported that the IMF has rejected Pakistan’s proposal to subsidize electricity to certain industries, including the crypto mining and artificial intelligence (AI) sectors. In a statement before the Senate Standing Committee on Energy, Secretary of Power Fakhar Alam Irfan explained that all major energy sector initiatives must be cleared with the international financial institution, adding that the IMF raised concerns despite Pakistan’s surplus energy capacity. In November 2024, the Power Division proposed a marginal cost tariff of PKR 22-23, or around $0.80, per kilowatt-hour for specific industries with significant energy consumption, including the copper and aluminum smelting sectors, data centers, and crypto miners. The Division alleged that it would increase power demand and reduce the potential surplus capacity. Earlier this year, the recently established Pakistan Crypto Council (PCC) proposed utilizing surplus energy to support crypto mining operations and AI data centers in regions where excess electricity capacity is largest. The bid, led by the CEO of the PCC and the finance minister’s advisor, Bilal Bin Saqib, aims to convert unused electricity into a productive resource. Nonetheless, the IMF questioned Pakistan’s plan a month ago, seeking urgent clarification from the finance minister on the power allocation. According to the Thursday report, Irfan stated that the IMF is wary of any pricing mechanism that could destabilize the market, lead to potential economic imbalances, and create “new complications in the already strained power sector.” The international financial institution reportedly argued that Pakistan’s energy plan resembles sector-specific tax breaks that have historically created market imbalances. Additionally, the Senate Standing Committee on Energy expressed discontent over the absence of the Federal Power Minister during the meeting. Multiple senators raised concerns about the “forced” load shedding in the Tharparkar, Matiari, and Umerkot areas, where daily shutdowns continue for up to 14 hours despite consumers paying their bills. A New Era For Digital Assets Irfan affirmed that the government has not withdrawn the proposal, despite the IMF’s negative, adding that it is currently in consultation with international institutions, including the World Bank and other development agencies, to improve it. This follows the country’s efforts to position itself as a crypto hub. In May, the PCC CEO announced the creation of a national Strategic Bitcoin Reserve using existing BTC held by the federal government. He also revealed the establishment of a national Bitcoin wallet to hold cryptocurrencies under the state’s custody, intended to reflect the country’s long-term commitment to the growing industry. Notably, Saqib has previously stated that the election of pro-crypto US President Donald Trump motivated the government to develop the blockchain and digital assets industry, which has been largely unregulated, despite its adoption rate. Pakistan is “done sitting on the sidelines,” he has affirmed, expressing his desire to make the country one of the leaders of blockchain-powered finance.
The Bitcoin market now appears to be seeing a notable surge in its momentum, with the asset finally breaching the $110,000 mark to inch really close to its all-time high. The asset has so far registered a 24-hour high of $110,117, less than 3% increase away from its all-time high of $111,814 registered in May. At the time of writing, BTC trades back at $109,000 levels, marking a 1.3% increase in the past day. While the price action alone has fueled speculation of an imminent breakout, several analysts suggest that deeper structural shifts within the market are at play. On-chain data particularly reveals changes in whale activity, exchange flows, and stablecoin dynamics that could offer clues about the market’s next move. Related Reading: Bitwise Just Sounded The Alarm—Bitcoin Could Explode Soon Signs of Reduced Bitcoin Selling Pressure and Upward Bias CryptoQuant analyst Crypto Dan shared a detailed view of the current state of Bitcoin’s price structure, emphasizing a broader directional change in the market that began in April. According to the analyst, Bitcoin’s recent price resilience can be attributed to a noticeable decline in selling pressure from US-based institutional investors and whales. These large players, who were previously offloading significant holdings, have shifted into accumulation mode in recent months. Dan explained that Bitcoin appears to be in a transitional phase. He observed a gradual fade in sell-side activity from major US wallets since April, and that drop has been met with stable buying pressure. This suggests that institutions are no longer offloading positions but are maintaining or adding to their holdings. Dan added that the current consolidation, marked by Bitcoin’s price hovering above the $100,000 range, is allowing short-term overheated indicators to cool down. Dan noted: While the possibility of a correction remains, the broader market direction continues to be upward, so I will maintain my perspective and look forward to the second half of 2025. Overall, this could mean that the ongoing price action in the market may be the calm before a longer-term move upward, assuming macro conditions remain supportive. Exchange Outflows and Liquidity Trends Paint a Risk-On Picture Adding further context, another CryptoQuant contributor, Novaque Research, pointed to recent shifts in on-chain flows and broader liquidity conditions. According to their data, exchange outflows have picked up notably since late June, with some days seeing over 10,000 BTC withdrawn. Such behavior typically signals long-term investor confidence and a reduced likelihood of near-term sell pressure. Additionally, the report noted that miners have remained largely inactive in terms of selling despite BTC trading above $100,000. Related Reading: Whales Are Quietly Repositioning, Here’s What Bitcoin’s $107K Price Isn’t Telling You This suggests confidence in price sustainability and possible anticipation of more favorable financial conditions. Meanwhile, stablecoin activity has also shown key changes. Both USDC and USDT supply ratios on exchanges have been trending downward since mid-June, indicating capital is sitting idle rather than flowing into spot markets. Novaque noted that investors may be on the sidelines waiting for confirmation, but the structural behavior is leaning toward accumulation. Featured image created with DALL-E, Chart from TradingView
Arthur Hayes believe that crypto firms can't compete with traditional banks.