Singapore, Singapore, July 17th, 2025, Chainwire -Much Doge. Such Utility. Very Treasury.- -First publicly listed company on a major US exchange to accumulate Dogecoin as a core asset- Bit Origin Ltd (NASDAQ: BTOG) ("Bit Origin" or the "Company"), today announced that it has entered into agreements with accredited investors for the sale of up to $400 million in Class A ordinary shares and up to $100 million in convertible debt to launch the Company’s Dogecoin (“Doge”) treasury strategy. Bit Origin expects to become one of the largest publicly traded Doge holders Strategy aims to deliver long-term value through increasing Doge-per-share Reflects the Company’s hope in potential Doge integrations into payment layers, such as X Money “Bit Origin is evolving beyond mining infrastructure to engage directly in the value and utility of digital assets,” said Jinghai Jiang, CEO and Chairman of Bit Origin. “What started as a joke has evolved into a globally liquid asset with a payments utility. Few digital assets rival Doge’s settlement speed and scale of community, which continues to drive adoption across peer-to-peer payments and online commerce.” “We hope Doge’s performance and community make it a natural fit for X Money, as Elon Musk advances his vision for X as a global super-app,” continued Jiang. “In an age of broken institutions, Doge embodies a shared culture of optimism and resilience that transcends existing political and financial systems.” Bit Origin’s accumulation of Doge reflects the Company’s conviction in the network’s grassroots strength and payment utility, driven by low fees and merchant acceptance. Building on its infrastructure roots, Bit Origin plans to explore miner-facing services, payment applications, and other value-generating operations within the Doge ecosystem. The Company has completed an initial closing of $15 million under the convertible debt facility and intends to use a significant portion of the proceeds for its initial Dogecoin acquisition. Chardan acted as the placement agent in connection with the funded facility from ATW Partners. The foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Company’s current report on Form 6-K dated July 17, 2025. About Bit Origin Ltd Bit Origin Ltd is an emerging growth company operating in the United States and engaged in the cryptocurrency mining business. The Company is also actively deploying blockchain technologies alongside diversified expansion strategies. For more information, users can visit https://bitorigin.io . Safe Harbor Statement This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. ContactChairman of the Board, CEO, and COOMr. Jiang JinghaiBit Origin Ltdir@bitorigin.io Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
Singapore, Singapore, July 17th, 2025, Chainwire -Much Doge. Such Utility. Very Treasury.- -First publicly listed company on a major US exchange to accumulate Dogecoin as a core asset- Bit Origin Ltd (NASDAQ: BTOG) ("Bit Origin" or the "Company"), today announced that it has entered into agreements with accredited investors for the sale of up to $400 million in Class A ordinary shares and up to $100 million in convertible debt to launch the Company’s Dogecoin (“Doge”) treasury strategy. Bit Origin expects to become one of the largest publicly traded Doge holders Strategy aims to deliver long-term value through increasing Doge-per-share Reflects the Company’s hope in potential Doge integrations into payment layers, such as X Money “Bit Origin is evolving beyond mining infrastructure to engage directly in the value and utility of digital assets,” said Jinghai Jiang, CEO and Chairman of Bit Origin. “What started as a joke has evolved into a globally liquid asset with a payments utility. Few digital assets rival Doge’s settlement speed and scale of community, which continues to drive adoption across peer-to-peer payments and online commerce.” “We hope Doge’s performance and community make it a natural fit for X Money, as Elon Musk advances his vision for X as a global super-app,” continued Jiang. “In an age of broken institutions, Doge embodies a shared culture of optimism and resilience that transcends existing political and financial systems.” Bit Origin’s accumulation of Doge reflects the Company’s conviction in the network’s grassroots strength and payment utility, driven by low fees and merchant acceptance. Building on its infrastructure roots, Bit Origin plans to explore miner-facing services, payment applications, and other value-generating operations within the Doge ecosystem. The Company has completed an initial closing of $15 million under the convertible debt facility and intends to use a significant portion of the proceeds for its initial Dogecoin acquisition. Chardan acted as the placement agent in connection with the funded facility from ATW Partners. The foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Company’s current report on Form 6-K dated July 17, 2025. About Bit Origin Ltd Bit Origin Ltd is an emerging growth company operating in the United States and engaged in the cryptocurrency mining business. The Company is also actively deploying blockchain technologies alongside diversified expansion strategies. For more information, users can visit https://bitorigin.io . Safe Harbor Statement This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. ContactChairman of the Board, CEO, and COOMr. Jiang JinghaiBit Origin Ltdir@bitorigin.io Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
BitcoinWorld TADA Denver Unleashes Revolutionary Zero-Commission Blockchain Ride-Hailing The landscape of urban transportation is undergoing a profound transformation, and at its forefront is the exciting convergence of ride-hailing and blockchain technology. For years, drivers in the gig economy have grappled with high commission fees, often diminishing their hard-earned income. But what if there was a better way? What if a service truly prioritized its drivers while offering competitive rates to riders? Enter TADA Denver , MVL’s groundbreaking zero-commission ride-hailing service, now officially live in the Mile High City. What is TADA Denver and How Does it Work? On July 16, blockchain mobility platform MVL made a significant stride, announcing the official launch of its zero-commission ride-hailing service, TADA, in Denver, Colorado, U.S. This isn’t just another ride-hailing app; it represents a paradigm shift, aiming to redefine the relationship between drivers, riders, and the platform itself. TADA operates on the principle of fairness, eliminating the hefty commissions that typically eat into driver earnings. The MVL Ecosystem: Powering Blockchain Ride-Hailing At the heart of TADA’s innovative model is the MVL (Mass Vehicle Ledger) ecosystem. MVL is a blockchain-based mobility data platform designed to record and connect various data points within the vehicle industry, including driving records, accidents, and service information. This verifiable data helps create a transparent and trustworthy environment. The vision behind MVL is to build a decentralized mobility platform where all participants—drivers, riders, mechanics, and car manufacturers—can contribute data and share in the value created. This foundational technology is what enables TADA to offer its unique blockchain ride-hailing experience. Why Zero-Commission? A Game-Changer for Drivers The traditional ride-hailing model has long been criticized for its high commission rates, often ranging from 20% to 30% or even higher. For many drivers, this significantly reduces their net income, making it challenging to sustain a living. TADA’s zero-commission approach directly addresses this pain point. By eliminating these fees, drivers keep 100% of the fare, drastically improving their profitability and incentivizing them to provide better service. This model fosters a more equitable environment, potentially leading to a more stable and satisfied driver base. How Does MVL Cryptocurrency Fit In? While TADA operates on a zero-commission model for ride fares, the underlying MVL ecosystem leverages its native cryptocurrency, the MVL token (and its related INCENT token). This isn’t about paying for rides with crypto directly (though future integrations are always possible), but rather about how the blockchain infrastructure supports the entire network. The MVL cryptocurrency plays a role in: Data Contribution: Rewarding participants for contributing valuable mobility data to the ledger. Ecosystem Governance: Potentially enabling token holders to participate in decisions regarding the platform’s future. Incentivization: Creating a token-based economy that encourages positive behavior and participation within the MVL network. This innovative approach creates a self-sustaining economy where value is shared among all stakeholders, rather than being concentrated solely at the top. Disrupting the Gig Economy with Web3 Mobility in Denver The launch of TADA in TADA Denver is more than just a new service; it’s a significant step towards realizing the promise of Web3 mobility . Web3, the next iteration of the internet, emphasizes decentralization, user ownership, and token-based economies. TADA embodies these principles by: Empowering Drivers: Giving drivers greater control over their earnings and working conditions. Enhancing Transparency: Leveraging blockchain to create a verifiable and immutable record of transactions and data. Building Community: Fostering a more collaborative environment where drivers and riders feel like part of a shared ecosystem. Denver, known for its innovative spirit and embrace of new technologies, serves as an ideal launchpad for this Web3-powered revolution in ride-hailing. Its progressive population and growing tech scene provide fertile ground for TADA to demonstrate the viability and benefits of its model. Benefits Beyond Zero-Commission: What’s in it for Riders? While the immediate benefit for drivers is clear, riders also stand to gain from TADA’s presence in Denver. A more satisfied and fairly compensated driver base often translates to: Improved Service Quality: Drivers who feel valued are more likely to provide excellent service. Potentially More Availability: A larger, more committed pool of drivers can lead to quicker pickups and wider service coverage. Ethical Choice: Riders who care about supporting fair labor practices can choose a service that aligns with their values. TADA aims to create a virtuous cycle where driver satisfaction leads to better rider experiences, fostering long-term loyalty and growth. Navigating the Road Ahead: Challenges and Opportunities Launching a disruptive service like TADA in a competitive market like Denver comes with its own set of challenges. Challenge Opportunity Market Penetration: Competing with established giants like Uber and Lyft. Unique Value Proposition: Zero-commission model is a strong differentiator for driver acquisition. Driver & Rider Adoption: Educating the market about the blockchain and zero-commission benefits. Word-of-Mouth Marketing: Satisfied drivers/riders become powerful advocates. Regulatory Landscape: Adapting to local transportation regulations. Proactive Engagement: Working with regulators to shape a favorable environment for Web3 mobility. Scalability: Ensuring the blockchain infrastructure can handle large transaction volumes. Technological Advancement: Continuous development of the MVL blockchain to meet demand. The success of TADA in Denver will serve as a crucial case study for the broader adoption of blockchain and Web3 technologies in real-world services. Its ability to overcome these hurdles will pave the way for a truly decentralized and equitable future in mobility. The launch of MVL’s TADA Denver service marks a pivotal moment for the ride-hailing industry and the broader gig economy. By championing a zero-commission model powered by blockchain ride-hailing , TADA is not just offering an alternative; it’s presenting a compelling vision for a fairer, more transparent, and driver-centric future. The integration of MVL cryptocurrency and the principles of Web3 mobility underscore a commitment to innovation that could reshape how we think about urban transportation. As TADA navigates the bustling streets of Denver, its journey will undoubtedly be watched closely by innovators and consumers alike, signaling a powerful shift towards a more equitable digital economy. To learn more about the latest blockchain mobility trends, explore our article on key developments shaping the future of decentralized transportation. This post TADA Denver Unleashes Revolutionary Zero-Commission Blockchain Ride-Hailing first appeared on BitcoinWorld and is written by Editorial Team
Bitcoin ( BTC ) metrics are signaling that the flagship crypto asset may soon print fresh all-time highs, according to new insights from market intelligence firm Swissblock. In a new post on the social media platform X, Swissblock says Bitcoin has more upside potential as key metrics have yet to suggest a top is in. “Has BTC topped? Current market structure suggests otherwise. Here are three concise, data-driven charts that point to further upside – grounded in: Liquidity timing. Behavioral signals. Capital rotation.” Swissblock says its “Optimal Signal” metric, which tracks the duration of prior explosive Bitcoin moves, suggests that the flagship crypto asset has the potential to remain in an uptrend for more than 10 additional days. “Based on Bitcoin Vector’s Optimal Signal, each of the last major BTC expansions has lasted 15-30 days. We are currently on day 12 – with capital also beginning to rotate into ETH. This cycle appears incomplete.” Source: Swissblock/X Next up, the firm looks at crypto analytics firm Glassnode’s Short Term Holder (STH) Relative Unrealized Profit metric, which is a measure of the total profit of all coins in existence whose price at realization time was lower than the current price, normalized by the market cap. “Glassnode’s Short-Term Holder Relative Unrealized Profit remains well below the threshold reached during prior cycle tops (January and April 2024). Market participants are not exhibiting signs of excessive profit-taking or euphoria – yet.” Source: Swissblock/X Lastly, the firm says that veteran on-chain analyst Willy Woo’s volume-weighted average price (VWAP) indicator, as well as his proprietary “Speculation Index,” suggests Bitcoin has yet to reach a cycle peak. VWAP is the average price of an asset over a period of time, but weighted for trading volume. “Both [Willy Woo’s] Speculation Index and VWAP Liquidity confirm that the market is not yet overheated. Neither indicator has reached prior cycle extremes, suggesting ongoing support for higher prices.” Source: Swissblock/X Bitcoin is trading for $119,042 at time of writing. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Bitcoin Primed for Further Upside Based on Current Market Structure, Says Crypto Analytics Firm – Here’s the Outlook appeared first on The Daily Hodl .
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Summary Solana trades near $175.56, testing the neckline of the multi-month cup and handle pattern. Open interest and volume surge ahead of possible breakout; RSI sits near bullish 69 level. Key breakout zone at $178 could open path to $200 and $230 if confirmed. By Mirjan Hipolito Solana ( SOL-USD ) is trading around $175.56, approaching a major inflection point as it tests the neckline of a multi-month cup and handle formation. The pattern has matured gradually since early 2025, rebounding from the $120 base and now nearing critical resistance between $176 and $178. Despite recent strength, the breakout is not yet confirmed, as SOL still requires a decisive daily close above this zone to validate the bullish setup. Market structure signals growing momentum The current setup follows a decisive breakout above a long-standing descending trendline that had capped price since late 2024. That shift flipped market structure bullish and positioned SOL above its key exponential moving averages, all now aligned tightly between $155 and $159. These averages are acting as a strong support base, underscoring the growing momentum behind the move. SOL price dynamics (Source: TradingView) Technical indicators reinforce this view. The Relative Strength Index ((RSI)) is trending near 69.26, suggesting a bullish bias while still below overbought thresholds. A confirmed breakout above $178 would complete the cup and handle formation, setting up an initial price objective near $200, with extended potential toward $230, based on the measured pattern depth. Derivatives data highlights bullish buildup Open interest has risen 8.85%, while trading volume has surged 60.51%, indicating heightened positioning ahead of a possible breakout. Options volume has also nearly tripled, up by nearly 200%, reflecting increased engagement from institutional players. Binance data shows a heavily long-skewed ratio of 3.0853 among top traders, confirming broad market conviction. Funding rates remain moderately positive at 0.0121%, suggesting that longs are in control but not yet crowded. Based on this combination of price structure, momentum, and derivatives sentiment , a successful breakout above $178 could accelerate price toward $195 in the short term and $230 in the coming weeks i.e. , a 11% to 31% upside from current levels. If the breakout fails, price could briefly correct toward the $160–$165 area, which remains a key support cluster. As noted in our previous analysis, Solana had broken above its descending trendline and entered a bullish consolidation phase near key resistance. With the price now hovering just below the neckline, focus turns to whether a clean close above $178 can unlock a new rally phase toward $195 and beyond. This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer . While we adhere to strict Editorial Integrity , this post may contain references to products from our partners. Original Post
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Tether’s USDt stablecoin has surpassed $160 billion market cap, confirming its place as the digital dollar, as Tron leads in blockchain supply.