Latest news with #BTC
Yahoo
35 minutes ago
- Business
- Yahoo
Brazilian Fintech Firm Méliuz Plans $78M Equity Offering to Buy Bitcoin, Shares Plunge
Brazilian fintech Méliuz (CASH3), which serves over 30 million users in the country, is launching a public share offering to raise up to R$450 million ($78 million), with plans to allocate all proceeds to purchasing bitcoin BTC. The offering, announced Friday in a securities filing, consists of an initial issuance of 17 million common shares, with the possibility of expanding to 51 million depending on demand. Shares will be sold exclusively to professional investors in Brazil and abroad under automatic registration rules. Each share purchased will come with a package of free subscription warrants divided into 10 series, allowing investors to buy additional stock at set prices in the future. At current share prices, Méliuz expects to raise around $26 million, but that figure could triple if overallotment options are exercised. Investors participating in the offering will also receive 50.6 million warrants, of which up to 152 million will be issued in total under maximum subscription conditions. Méliuz will use the raised funds to acquire BTC, positioning it as a "primary strategic asset" in its treasury. The firm, known for its cashback and financial services platform, revealed it was allocating 10% of its cash reserves to BTC back in March. Warrant trading is expected to begin on June 16, with share settlement and crediting of the bonus instruments by June 18. The company currently holds 320.2 BTC. Its shares dropped more than 8% in Friday's trading session. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
2 hours ago
- Business
- Business Upturn
Double Deposit Bonus, $50 Welcome Bonus & No-KYC 100x Leverage Trading Now Available on BexBack
By GlobeNewswire Published on May 31, 2025, 20:00 IST SINGAPORE, May 31, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin surpassed the $100,000 mark and subsequently stabilized above $100,000, many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus , a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors. What Is 100x Leverage and How Does It Work? Simply put, 100x leverage allows you to open larger trading positions with less capital. For example: Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC. One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%. With BexBack's deposit bonus BexBack offers a 100% deposit bonus . If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%. Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks. How Does the 100% Deposit Bonus Work? The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation. About BexBack? BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, XRP,and 50+ others futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support. Why recommend BexBack? No KYC Required: Start trading immediately without complex identity verification. 100% Deposit Bonus : Double your funds, double your profits. High-Leverage Trading: Offers up to 100x leverage, maximizing investors' capital efficiency. Demo Account : Comes with 10 BTC and 1M USDT in virtual funds, ideal for beginners to practice risk-free trading. Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications. Convenient Operation: No slippage, no spread, and fast, precise trade execution. Global User Support: Enjoy 24/7 customer service, no matter where you are. Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters. Take Action Now—Don't Miss Another Opportunity! If you missed the previous crypto bull run, this could be your chance. With BexBack's 100x leverage and 100% deposit bonus and $50 bonus for new users (Deposit greater than 0.001BTC or 100 USDT, complete one trade within one week of registration), you can be a winner in the new bull run. Sign up on BexBack now , claim your exclusive bonus and start accumulating more BTC today! Website: Contact: [email protected] Contact:Amanda [email protected] Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. 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Photos accompanying this announcement are available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Business Upturn
8 hours ago
- Business
- Business Upturn
PAIRMiner Launches $150 Cloud Mining Incentive as Institutional Bitcoin Holdings Reach Historic Levels
Amid a surge in institutional Bitcoin investments, PAIRMiner introduces a free cloud mining offer to make crypto access easier for everyday users . Image by PAIRMiner LOS ANGELES, May 31, 2025 (GLOBE NEWSWIRE) — Cloud mining platform PAIRMiner today announced the launch of a $150 cloud computing power incentive for new users , a move aimed at expanding access to cryptocurrency mining as Bitcoin adoption accelerates globally. The announcement comes as major institutional investors continue to increase their exposure to Bitcoin. Recent reports indicate that large-scale accumulations—such as the one attributed to MicroStrategy founder Michael Saylor's firm—have pushed institutional Bitcoin holdings to record highs, signaling strong confidence in the long-term value of the cryptocurrency. In this context, PAIRMiner's new user incentive seeks to lower the barriers to entry for everyday individuals looking to participate in crypto mining without the need for technical equipment or expertise. 'We believe the future of cryptocurrency should be inclusive,' said a spokesperson for PAIRMiner. 'By providing an accessible, hardware-free mining solution, we're helping more people benefit from the evolving digital asset economy.' New users who register on will receive $150 in free cloud computing power, allowing them to begin mining immediately. Users can earn cryptocurrency through daily automatic settlements and have the option to reinvest or withdraw once their cumulative profits reach $150. PAIRMiner is registered under FCA oversight and supports multiple leading cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The platform also features a referral program that rewards users for expanding the network, aligning with its community-focused growth model. Choose a suitable mining contract and start to get a stable daily income. With Bitcoin prices hitting new highs and global institutions expanding their crypto portfolios, PAIRMiner aims to bridge the gap between professional mining and everyday participation. About PAIRMiner Founded in 2009, PAIRMiner is a cloud-based cryptocurrency mining platform committed to making digital asset earning more accessible. The company leverages advanced infrastructure and user-friendly tools to provide secure, low-barrier mining services globally. PAIRMiner operates under financial regulatory supervision and supports multiple mainstream cryptocurrencies. Media Contact:HeindrovaPAIRMiner [email protected]
Hindustan Times
14 hours ago
- Entertainment
- Hindustan Times
A$AP Rocky's X account hacked, Solana co-founder Raj Gokal's private info leaked
Rapper A$AP Rocky's X account was hacked, and private documents belonging to Solana co-founder Raj Gokal were shared on the platform, including personal photos and a copy of his passport. The breach comes just days after the official Instagram account of the American hip-hop group Migos was hacked, with similar content posted. According to AInvest, one of the hacked Instagram posts claimed that Gokal 'should have' paid 40 BTC, suggesting a possible blackmail attempt. The hack of Rocky's X account appears to follow a similar pattern. In addition to Gokal's documents, the hackers also posted images of Rihanna and Chris Brown.
Yahoo
21 hours ago
- Business
- Yahoo
Spot Bitcoin ETFs Broke 10-Day Inflow Streak With $358M of Outflows Thursday: JPMorgan
U.S.-listed spot bitcoin BTC exchange-traded funds (ETFs) recorded their first day of net outflows in 10 trading sessions on Thursday, according to a research report by JPMorgan (JPM). The Wall Street bank estimated that spot bitcoin ETFs saw $358 million of redemptions yesterday, according to a Friday report, with just one, BlackRock's iShares Bitcoin Trust (IBIT) attracting a net inflow. IBIT gathered in a net $125 million, the bank observed. In contrast, Fidelity's FBTC saw net outflows of $166 million, leading the redemptions, the report said. Other major contributors included the Grayscale Bitcoin Trust (GBTC) -$107 million, ARK 21Shares Bitcoin ETF (ARKB) -$89 million and the Bitwise Bitcoin ETF (BITB) -$71 million, the bank said JPMorgan said smaller outflows were also noted across the remaining issuers. The bitcoin price slipped 1.1% on the day, but market activity remained robust with trading volumes of $5.39 billion, well above the 20-day average of $2.81 billion, the report added. The world's largest cryptocurrency was trading around $105,656 at publication time.
