Bitcoin, no one is buying it?

Nakamoto 2025-10-29 13:28 86788人围观 BTC

1 Bitcoin purchases by listed companies since October 11 have dropped to near year lows. According to Cointelegraph, Coinbase head of research David Duong said that since the market plunge on October 11, cryptocurrency asset reserve companies have "disapp

1

Bitcoin purchases by public companies have fallen to near year-to-date lows since October 11

According to Cointelegraph, Coinbase head of research David Duong said that since the market plunge on October 11, the cryptocurrency asset reserve company has "disappeared" and the purchase volume of Bitcoin has dropped to close to the low of the year.

2

AI payment public chain Kite AI received strategic investment from Coinbase Ventures to jointly promote the large-scale adoption of x402 smart payment

The AI payment public chain project Kite AI announced that it has received strategic investment from Coinbase Ventures. According to official information, this financing is a continuation of Kite’s recent financing totaling US$33 million led by PayPal Ventures and General Catalyst. The new funds will be used to support the development of its own AI agent payment infrastructure and co-build it with Coinbase to accelerate the large-scale adoption of the x402 protocol.

It is reported that Kite has implemented Coinbase’s x402 smart payment standard for native integration since the beginning of its design. As one of the first Layer 1 blockchains to fully implement x402-compatible payment primitives, Kite enables AI agents to directly initiate, receive and reconcile payments through standardized intent authorization. This establishes Kite's status as the native execution layer and settlement layer of the x402 protocol and the emerging agent economy.

3

Copper founder launches Bron Labs to focus on digital asset security, raising $15 million in early financing

According to Bloomberg, Dmitry Tokarev, founder of London-based cryptocurrency custody Copper Technologies Ltd., has launched a new company, Bron Labs, to address the security risks of digital asset self-custody.

It is reported that Bron Labs is a self-hosted platform designed to provide consumers and professionals with advanced security protection previously only available to large enterprises. Tokarev revealed that Bron Labs completed approximately US$15 million in financing earlier this year, with investors including about 140 individuals and institutions including LocalGlobe, Fasanara Digital and GSR.

4

Beckham-backed Prenetics raises $48M to boost Bitcoin treasury

Prenetics (PRE), a health science company backed by David Beckham, has raised $48 million in an oversubscribed equity financing round to expand its wellness brand IM8 and advance its Bitcoin reserve strategy, CoinDesk reported.

Prenetics said in an email announcement sent on Monday that the total financing amount could reach $216 million through the exercise of warrants. This round of financing attracted investors including Kraken, Exodus (EXOD), GPTX and American Ventures. CEO Danny Yeung said that these funds will help IM8 achieve global expansion while accumulating 1 Bitcoin per day, with the goal of reaching US$1 billion in revenue and Bitcoin holdings within five years. Data shows that the company currently holds 268.4 Bitcoins (valued at $30.9 million).

5

Hong Kong’s digital renminbi application expands, with nearly 400 convenience stores supporting e-CNY payments from now on

According to Caixin reports, Bank of China (Hong Kong) announced that it has cooperated with convenience store chain Circle K and vending machine operator FreshUp. Starting from October 27, 2025, more than 380 Circle K stores in Hong Kong and the first batch of 1,200 FreshUp vending machines will officially support digital renminbi (e-CNY) payment. Local residents of Hong Kong and visitors from the mainland can make e-CNY payments at the above-mentioned convenience stores and vending machines through BoC Pay + "Digital RMB Zone" or "Digital RMB" App. BOC Hong Kong has upgraded the acquiring systems of Circle K and FreshUp, and will automatically convert digital renminbi into Hong Kong dollars to assist merchants in cross-border settlement.

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