Crypto News
Together AI Launches DeepSeek-V3.1: A Versatile Hybrid Model
Together AI introduces DeepSeek-V3.1, a hybrid model offering fast responses and deep reasoning modes, ensuring efficiency and reliability for various applications. (Read More)Source link
Sequans Launches $200M ATM Program to Fund Bitcoin Accumulation as Treasury Strategy
Sequans Communications S.A. (NYSE: SQNS), a cellular semiconductor company that has adopted bitcoin as its primary treasury reserve asset, announced an “at the market” equity offering program under which it may offer and sell American Depositary Shares (each representing ten ordinary shares) for up to $200 million. The ATM program will be conducted under aSource link
Bitcoin Suffers Technical Setback, Loses 100-Day Average as XRP, ETH and SOL Hold Ground
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin's (BTC) technical outlook has deteriorated over the past 24 hours, with prices dropping below a key moving average for the first time since April. This breakdown has left BTC at a disadvantage compared to major tokens such as Ether (ETH), XRP, and Solana (SOL).BTC loses 100-day SMABTC has dropped over 1% in the past 24 hours, hitting a low of $109,172 at one point.In the process, the cryptocurrency has convincingly dipped below the 100-day simple moving average (SMA), a widely tracked momentum indicator and support/resistance line, for the first time since April 22.Further, prices have crossed below the Ichimoku cloud, indicating a bearish shift in momentum.The...
Massive $14.6B Bitcoin and Ether Options Expiry Shows Bias for Bitcoin Protection
Bitcoin (BTC) and ether (ETH) options worth over $14.6 billion are set to expire Friday on Deribit in what's shaping up to be one of the most significant derivative events of 2025.The expiry is heavily skewed toward BTC put options, underscoring a continued demand for downside protection, whereas it's more balanced for ether.As of the time of writing, 56,452 BTC call option contracts and 48,961 put option contracts were due for settlement, totalling a notional open interest of $11.62 billion, according to data source Deribit Metrics. Deribit is the world's largest crypto options exchange, accounting for 80% of the global activity. On Deribit, one option contract represents one BTC or ETH.A closer look at open interest reveals concentrated activity in...
Sharps Technology Targets Largest Solana Treasury in $400 Million Private Offering
Sharps Technology has announced a $400 million private placement to fund a solana-focused digital asset treasury strategy. The move would make Sharps one of the largest corporate holders of SOL, aligning with solana’s rapid growth and institutional adoption. $400 Million Solana Treasury Strategy in the Works for Sharps Technology Sharps Technology, Inc. (Nasdaq: STSS) hasSource link