Dutch crypto firm Amdax raises $35m to buy Bitcoin

Crypto NewsTuesday, October 7, 2025 at 8:41:12 AM
Dutch crypto firm Amdax raises $35m to buy Bitcoin
Dutch cryptocurrency firm Amdax has successfully raised 30 million euros, approximately $35 million, to kickstart its Bitcoin treasury initiative, AMBTS. This ambitious project aims to acquire 1% of the total Bitcoin supply, marking a significant step in the firm's growth and influence in the crypto market. This move not only highlights Amdax's commitment to expanding its operations but also reflects the increasing institutional interest in Bitcoin as a valuable asset. As the cryptocurrency landscape evolves, Amdax's initiative could pave the way for more firms to explore similar strategies.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Bitcoin Miner IREN Jumps 9% After Securing New Multi-Year AI Cloud Contracts
PositiveCryptocurrency
Bitcoin miner IREN has seen a significant 9% increase in its stock value following the announcement of new multi-year contracts in the AI cloud sector. This development is crucial as it not only highlights the growing intersection between cryptocurrency and artificial intelligence but also positions IREN as a key player in the evolving tech landscape. Investors are optimistic about the potential for increased revenue and market share, making this a noteworthy moment for the company and its stakeholders.
CEA Industries reveals $633M BNB holdings with plans to expand
PositiveCryptocurrency
CEA Industries has disclosed its impressive $633 million holdings in BNB, highlighting a significant shift in corporate treasury strategies towards cryptocurrency as a primary reserve asset. This move not only showcases the growing acceptance of digital currencies in mainstream finance but also positions CEA Industries as a forward-thinking player in the evolving landscape of corporate finance. As more companies consider similar strategies, this could pave the way for broader adoption of cryptocurrencies in corporate reserves.
XRP Retail Sentiment Flips Bearish, Flashing a Contrarian Buy Signal
NegativeCryptocurrency
Recent trends indicate that retail sentiment towards XRP has turned bearish, which could signal a contrarian buy opportunity for savvy investors. This shift in sentiment is significant as it often precedes market reversals, making it a crucial moment for those looking to capitalize on potential price movements in the cryptocurrency space.
Is Bitcoin now a $57B volatility trade – or just the start?
NeutralCryptocurrency
Bitcoin's market dynamics are shifting as options trading now plays a crucial role in its price movements, with open interest surpassing $57 billion. This change indicates that it's not just market sentiment driving prices anymore, but rather the actions of options dealers managing their exposure. Understanding this shift is important for investors as it highlights the evolving nature of Bitcoin trading and the potential implications for future price volatility.
Bitcoin trader calls $124K 'pivotal' as BTC retraces from new all-time high
NeutralCryptocurrency
Bitcoin has recently retraced to $123,200 after reaching new all-time highs, with traders now calling the $124K mark pivotal. This fluctuation is significant as it highlights the volatility in the cryptocurrency market, raising concerns about the increasing open interest. Understanding these movements is crucial for investors and traders as they navigate the complexities of Bitcoin's price dynamics.
Momentum Builds: SBR And Bitcoin Act Are Closer Than You Think
PositiveCryptocurrency
Senator Cynthia Lummis has announced that the acquisition of funds for a Strategic Bitcoin Reserve could begin soon, signaling a positive shift in the legal landscape for Bitcoin investments. While actual purchases haven't started yet, her comments suggest that the necessary steps are being taken to pave the way for future transactions. This development is significant as it indicates growing institutional interest in Bitcoin and could lead to increased market stability and confidence among investors.
Onwards and Upwards for Bitcoin as MOVE Melts Down; Dollar and Bonds Signal Caution to Risk Assets
PositiveCryptocurrency
Bitcoin is showing resilience as it continues to rise, even amidst a backdrop of caution from the dollar and bonds. This upward trend is significant as it indicates a growing confidence in cryptocurrencies, especially when traditional assets signal risk. Investors are keenly watching these developments, as they could shape the future of digital currencies and their role in the financial landscape.
Bitcoin Price Watch: $126K Acts Like a Wall, But Bulls Are Still Charging
PositiveCryptocurrency
Bitcoin is currently facing a significant price point at $126,000, which is acting as a barrier, yet bullish investors remain optimistic and are actively pushing for higher values. This situation is crucial as it reflects the ongoing confidence in Bitcoin's potential for growth, despite market fluctuations. The resilience of the bulls indicates a strong belief in the cryptocurrency's future, which could influence investment strategies and market dynamics.
Zcash price crashes 18% after vertical rally – is more downside ahead?
NegativeCryptocurrency
Zcash has experienced a significant price drop of 18% following a sharp rally that peaked at $176. This decline raises concerns about the cryptocurrency's stability, with initial support expected around $120 and the possibility of further corrections down to $90. Understanding these fluctuations is crucial for investors as they navigate the volatile market, especially after the recent surge driven by Grayscale's involvement.
The NSA Is Trying To Backdoor Bitcoin, Warns Peter Todd — Here’s How
NegativeCryptocurrency
Peter Todd, a well-known Bitcoin developer, has raised alarms about the NSA's potential plans to compromise cryptocurrency security. He claims that the agency is attempting to introduce quantum-secure algorithms that could undermine established cryptographic methods. This is concerning for the crypto community as it suggests a move towards backdooring digital currencies, which could threaten the integrity and privacy that cryptocurrencies are built upon.
Bitcoin Rally is Fun, but Don't Overlook RWAs: Crypto Daybook Americas
NeutralCryptocurrency
The recent rally in Bitcoin prices has captured the attention of investors and enthusiasts alike, showcasing the volatile nature of cryptocurrency markets. However, experts caution against overlooking Real World Assets (RWAs), which could play a significant role in the future of digital finance. Understanding the balance between the excitement of Bitcoin and the potential of RWAs is crucial for anyone involved in the crypto space.
‘Bitcoin should reach half of gold’s market cap’ – VanEck projects $644k BTC
PositiveCryptocurrency
Bitcoin and gold have both shown impressive growth this year, with gold hitting an all-time high and Bitcoin reaching new heights as well. VanEck predicts that Bitcoin could eventually reach half of gold's market cap, suggesting a potential price of $644,000. This projection highlights the increasing interest in cryptocurrencies as a viable investment alternative amid economic uncertainty, making it a significant topic for investors and market watchers.
Latest from Cryptocurrency
Polymarket Confirms $2 Billion Investment From NYSE Owner ICE
PositiveCryptocurrency
Polymarket has announced a significant $2 billion investment from ICE, the owner of the New York Stock Exchange. This investment is a major boost for Polymarket, a platform known for its innovative approach to prediction markets. The partnership with ICE not only enhances Polymarket's credibility but also signals a growing interest in the intersection of traditional finance and digital markets. This development is important as it could pave the way for more institutional involvement in the prediction market space, potentially transforming how people engage with market forecasts.
Aster delisting exposes DeFi’s growing integrity crisis
NegativeCryptocurrency
Aster's recent delisting from DefiLlama highlights a troubling trend in the decentralized finance (DeFi) space, where the integrity of data is increasingly under scrutiny. This incident raises concerns about the reliability of decentralized exchanges (DEXs) and the overall credibility of the DeFi ecosystem. As users rely more on accurate data for their trading decisions, the stakes are higher than ever, making it crucial for platforms to maintain transparency and trust.
Make AI prove it has nothing to hide
PositiveCryptocurrency
The call for AI to demonstrate transparency and accountability is gaining momentum, emphasizing the need for systems that inherently provide evidence of their operations. This shift towards making transparency and auditability core features of AI architecture is crucial for building trust in these technologies, ensuring they are reliable and responsible as they become more integrated into our lives.
Here’s what happened in crypto today
NeutralCryptocurrency
Today's crypto news highlights the latest trends and events affecting Bitcoin prices and the broader cryptocurrency landscape. With ongoing developments in blockchain technology, decentralized finance (DeFi), non-fungible tokens (NFTs), and Web3, it's crucial for investors and enthusiasts to stay informed. Understanding these dynamics can help navigate the ever-evolving market and make informed decisions.
Bitcoin Miner IREN Jumps 9% After Securing New Multi-Year AI Cloud Contracts
PositiveCryptocurrency
Bitcoin miner IREN has seen a significant 9% increase in its stock value following the announcement of new multi-year contracts in the AI cloud sector. This development is crucial as it not only highlights the growing intersection between cryptocurrency and artificial intelligence but also positions IREN as a key player in the evolving tech landscape. Investors are optimistic about the potential for increased revenue and market share, making this a noteworthy moment for the company and its stakeholders.
CEA Industries reveals $633M BNB holdings with plans to expand
PositiveCryptocurrency
CEA Industries has disclosed its impressive $633 million holdings in BNB, highlighting a significant shift in corporate treasury strategies towards cryptocurrency as a primary reserve asset. This move not only showcases the growing acceptance of digital currencies in mainstream finance but also positions CEA Industries as a forward-thinking player in the evolving landscape of corporate finance. As more companies consider similar strategies, this could pave the way for broader adoption of cryptocurrencies in corporate reserves.