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DigitalX secures A$20.7M in strategic funding to expand its Bitcoin treasury. Majority of funds (A$19.7M) allocated to direct Bitcoin purchases. High-profile investors include Animoca Brands, ParaFi Capital, and Metaplanet’s CEO. Australian digital asset manager DigitalX has raised A$20.7 million (US$13.5 million) in a fresh round of strategic funding, deepening its commitment to a “Bitcoin-first” approach. The ASX-listed firm plans to use the funds to grow its Bitcoin treasury, with backing from heavyweight crypto investors like Animoca Brands, UTXO Management, and […]

Bitcoin continues to trade in a narrow range as the Asian trading day begins on Wednesday, with the world’s largest digital asset changing hands above $108,900. This period of consolidation comes as market observers point to a lack of strong conviction, even as a new filing reveals plans from Trump Media & Technology Group to launch a diversified ‘Crypto Blue Chip ETF’. Bitcoin is holding its ground, and the CoinDesk 20 index, a broad measure of the largest digital assets, […]