China’s Addentax Plans $800M Crypto Buy, Including 8,000 BTC and Trump Tokens

Addentax has unveiled negotiations to swap up to $800 million in common stock for 8,000 Bitcoin and other tokens, notably the TRUMP memecoin, aiming to fortify its balance sheet with liquid digital assets and align with influential crypto holders, even as its shares have fallen after the disclosure.
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Why Is Crypto Down Today – May 15, 2025?

Crypto is down today, as the total cryptocurrency market capitalization has seen a significant shift, dropping 4.4%, now standing at $3.4 trillion. The total crypto trading volume is at $119 billion at the time of writing.[Q1]Why did crypto move against stocks today?[/Q1][A1]While the cryptocurrency market is experiencing a downturn, US stock markets are showing modest gains on 15 May. The crypto market is waiting for additional macroeconomic cues, and traders are engaging in profit-taking. Investors seem slightly more confident in the stock markets today, with the S&P 500 rising 0.1%, and the Nasdaq-100 increasing by 0.6%. That said, the Dow Jones Industrial Average is currently down by 0.2%.[/A1] [Q1][/Q1][A1][/A1][Q2]Is this dip sustainable?[/Q2][A2]Following a recent rally, investors seem to be locking in profits, driving a dip. Though a long-term upturn may resume, a short-term dip looks sustainable due to technical cooling, reduced activity, and general macro caution.[/A2]
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Strategy Scoops 13,390 Bitcoin in $1.34B Blitz – Tariff Truce Sparks Volatility

Strategy has continued its aggressive Bitcoin accumulation, acquiring 13,390 BTC for $1.34 bn at $99,856 each. The firm now holds 568,840 BTC obtained for $39.41 bn while traders assess the impact of a three-month U.S.–China tariff pause and shifting policy conditions.
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Bitcoin Rockets Toward $105K After U.S.-China Tariff Truce – Gold Sinks 3%

Bitcoin has regained market leadership, rising toward $105K after the US-China tariff cease-fire spurred demand for risk assets. Gold has slipped, while analysts from Coin Bureau and Galxe argue that BTC’s adaptable narrative could push prices to fresh records if macro tailwinds persist.
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