Bitcoin Venture Roxom Global Secures $17.9M to Pioneer BTC Treasury and Media Network
Roxom Global, a Bitcoin-centric project, has successfully raised $17.9 million in funding to establish a BTC-denominated securities exchange and a round-the-clock media network dedicated to Bitcoin. This initiative seeks to embed Bitcoin standards into the global financial ecosystem, with a focus on Latin America, Europe, and select regions in Asia and the Middle East. Key investors include Draper Associates, Borderless Capital, Ego Death, and Kingsway Capital, who collectively contributed $7.9 million. As of May 22, 2025, Bitcoin’s price stands at 111,181.82 USDT, reflecting the growing confidence in Bitcoin’s role in the future of finance.
Bitcoin Project Roxom Global Raises $17.9M to Build BTC Treasury and Media Network
Roxom Global, a Bitcoin-focused venture, has secured $17.9 million in funding to develop a BTC-denominated securities exchange and a 24/7 media network dedicated to Bitcoin. The project aims to integrate bitcoin standards into global finance, targeting Latin America, Europe, and parts of Asia and the Middle East.
Draper Associates, Borderless Capital, Ego Death, and Kingsway Capital contributed $7.9 million for the exchange, while a separate $10 million private round funded RoxomTV. The exchange will feature BTC-settled futures, spot markets, and synthetic instruments, though it remains unavailable in the U.S.
Top Reasons Why Bitcoin (BTC) Price is Poised to Maintain a Strong Bullish Trend Until the End of the Month
Bitcoin surged to a new all-time high of $111,861 on ’Bitcoin Pizza Day,’ marking a historic milestone. Despite the rally, bearish pressure remains subdued, reflecting heightened investor optimism. Technical indicators suggest the bull run is in its early stages, with price discovery likely to continue.
Trading volume spiked over 75% in 24 hours, doubling in recent days—a clear signal of accelerating demand. Market structure favors further upside as BTC consolidates above key psychological levels.
Bitcoin Hits New All-Time High, Market Sentiment Shifts to Greed
Bitcoin surged to a record $110,788 during intraday trading before closing at $109,699, marking its first all-time high since November 2021. The rally continues with a 1.3% gain today, pushing BTC to $111,090 as liquidity pools attract buyers.
Market sentiment has flipped dramatically from ’Extreme Fear’ to ’Greed’ in just four weeks, with the crypto Fear & Greed Index jumping from 15 to 73. This reversal demonstrates how quickly crypto markets can pivot when macroeconomic conditions align.
The breakout coincides with renewed institutional interest and shifting regulatory landscapes. While the article mentions an unfinished reference to former President Trump’s crypto policies, the broader narrative focuses on Bitcoin’s resilience as a bellwether for digital asset markets.
Bitcoin Perpetual Funding Rates Surge Amid Record Price Rally
Bitcoin perpetual futures funding rates have spiked dramatically over the past 24 hours, particularly for USDT- and USD-margined contracts. The aggregated daily rate across exchanges hit 0.010885% on May 22, up from 0.007804% the previous day and a mere 0.005429% on May 20.
Open interest and volume-weighted funding rates surged between May 21-22, peaking during early Asian trading hours as BTC carved a new all-time high at $111,000. The subsequent moderation reflects stabilizing price momentum after the initial long squeeze.
Token-margined perpetuals show muted activity—a historical pattern since BTC-settled contracts inherently dilute leverage costs when the underlying asset appreciates.
Vanguard Resists Crypto Wave as BlackRock Embraces Bitcoin ETFs
While traditional finance giants increasingly adopt cryptocurrency strategies, Vanguard remains a notable holdout. The $10 trillion asset manager continues to resist crypto market entry, even as rival BlackRock’s Bitcoin ETF reaches $69 billion in assets under management.
Vanguard’s abstinence stands in stark contrast to industry trends. The firm declined to participate in January’s landmark US spot Bitcoin ETF launches and subsequently blocked client access to the products. This conservative stance persists six months later, despite growing institutional adoption across Wall Street.
