Finance News – Global Crypto
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Bakkt files to raise $1B with plans to allocate funds to Bitcoin
Bakkt Holdings Inc. intends to generate $1 billion through a securities offering, aiming to utilize the capital for purchasing Bitcoin as outlined in its recent SEC submission.
Read Full Article →US futures hit record high, setting Bitcoin up for new peak: Analysts
Rising values in US stock futures have led market experts to anticipate that Bitcoin may experience significant upward momentum, potentially reaching unprecedented valuation levels...
Read Full Article →Deribit tops $40B in bitcoin options open interest amid $15B quarterly expiry
Deribit reached a new milestone in bitcoin options open interest, highlighting substantial market activity during a significant quarterly expiry that also influenced the performanc...
Read Full Article →Resolv protocol denies token sales amid volatility, buys 1.6M RESOLV
Resolv Protocol addressed market uncertainty by repurchasing 1.6 million of its tokens, signaling a strategic move to stabilize value rather than distribute new tokens during turbu...
Read Full Article →XRP Slides 5% as Selling Pressure Intensifies Despite Whale Transfers
The value of XRP declined by 5% amid increased selling activity, as close to $500 million worth of tokens moved between wallets, challenging the important $2.08 price level.
Read Full Article →Coinbase US Perpetuals Are Arriving Next Month as Stock Soars to New Heights
Coinbase’s upcoming launch of US-based perpetual contracts next month could transform trading dynamics by providing a regulated alternative to offshore options, potentially driving...
Read Full Article →XRP, Solana Lead Profit-Taking Among Crypto Majors Even as Bullish Mood Persists
Despite ongoing positive sentiment driven by ETF inflows and reduced geopolitical risks, key cryptocurrencies like XRP and Solana experienced notable sell-offs, reflecting cautious...
Read Full Article →Coinbase stock ‘going vertical’ as it hits new closing high
Coinbase shares have recently reached their highest closing price, indicating notable market interest, though some experts caution that the current momentum may not be sustainable...
Read Full Article →Bakkt Files to Sell Up to $1 Billion in Securities For Potential Bitcoin Play
Bakkt aims to raise substantial funds through a securities offering to support its strategic move of incorporating Bitcoin into its financial assets after recent regulatory changes...
Read Full Article →Bitcoin's Double Top Warrants Caution, But a Full-Blown Price Crash Seems Unlikely: Sygnum Bank
The formation of a possible peak near $100,000 suggests investors should remain vigilant, though experts believe a severe decline similar to past crashes is improbable without unex...
Read Full Article →Bakkt Holdings files $1B shelf offering that could fuel Bitcoin buys
Bakkt Holdings' $1 billion shelf registration enables the company to raise capital that may support increased acquisitions of Bitcoin and other digital assets as part of its revise...
Read Full Article →Israeli units may have used $90 million Nobitex exploit to gather internal data, says TRM Labs
A recent cyberattack on Iran's major cryptocurrency platform reportedly involved sophisticated methods that led to significant financial losses estimated at around ninety million d...
Read Full Article →Nasdaq-listed Upexi to tokenize shares on Solana, adds 56K SOL to treasury
Upexi's decision to convert its equity into digital tokens on the Solana network could enhance liquidity and investor access while increasing its cryptocurrency holdings by 56,000...
Read Full Article →AI crypto app users nearly double this year as funding beats 2024 total
The rising investments and increased user engagement in AI-driven cryptocurrency applications indicate growing financial interest and expanding market activity in this technology s...
Read Full Article →Chinese brokerage firm GF Securities launches offshore yuan-backed tokenized securities in Hong Kong
The introduction of GF Token by GF Securities and HashKey in Hong Kong aims to enhance investment accessibility and liquidity by utilizing multiple currencies, including offshore y...
Read Full Article →Bought SOL at $148 before it crashed below $127: How investors made it to the breakeven
Investors who purchased Solana near $148 initially faced losses as the price dropped below $127, yet through disciplined holding and strategic decisions, they were eventually able...
Read Full Article →Asia Morning Briefing: Asia's Banks Look to Stablecoins to Prevent Deposit Flight
Asian financial institutions are increasingly exploring stablecoin solutions to maintain deposit stability, while Bakkt's $1 billion Bitcoin acquisition signals growing institution...
Read Full Article →Ark Invest sells $12.5 million in Coinbase shares as stock hits all-time closing high
Ark Invest's decision to sell a portion of its Coinbase holdings coincided with the stock reaching a new closing peak, indicating a strategic adjustment despite the asset’s strong...
Read Full Article →Bitwise Dogecoin, Aptos ETF Filing Updates Suggest Path to Approvals: Analyst
Recent updates to Bitwise’s filings for Dogecoin and Aptos ETFs indicate progress that may enhance investor confidence and potentially lead to regulatory approval in the near futur...
Read Full Article →Bitcoin in ‘ripe conditions’ for new all-time high as it holds above $107,000: analysts
Analysts suggest that while bitcoin’s strong position above $107,000 indicates potential for further gains, heightened investor confidence may increase the risk of a price correcti...
Read Full Article →3 reasons why Bitcoin price could fall below $100,000
Increasing global economic challenges, reduced earnings for Bitcoin miners, and growing investor wariness may collectively contribute to a notable decrease in the cryptocurrency’s...
Read Full Article →Banking Committee chair sets September goal for market structure bill
The Senate Banking Committee aims to advance legislation by September that could influence digital asset market operations, potentially affecting investment strategies and regulato...
Read Full Article →Metaplanet Boosts Bitcoin Stash Above $1.3 Billion With 1,234 BTC Buy
Following its recent acquisition of 1,234 BTC, Metaplanet's total Bitcoin holdings have increased to 12,345 BTC, reflecting a cryptocurrency portfolio valued at over $1.3 billion.
Read Full Article →USDT on TRON Surpasses $80 Billion, Strengthening TRON’s Position as the Leading Stablecoin Network
The growing circulation of USDT on the TRON blockchain reflects its increasing importance in the stablecoin ecosystem and highlights TRON’s expanding influence in digital asset tra...
Read Full Article →Bitwise adds in-kind redemptions to DOGE, APT ETF filings
The inclusion of in-kind redemption options in recent ETF filings may impact investor strategies as regulators continue to evaluate numerous cryptocurrency exchange-traded fund pro...
Read Full Article →Dinari wins broker-dealer license to roll out tokenized stocks across US platforms
By obtaining regulatory approval, Dinari is positioned to introduce digital representations of equities to investors nationwide, potentially expanding market access and creating ne...
Read Full Article →Avalanche Crypto Game 'Raini: The Lords of Light' Is Shutting Down
The closure of Raini: The Lords of Light highlights ongoing challenges in the blockchain gaming sector, potentially impacting investor confidence and the market value of related NF...
Read Full Article →UAE company invests $100M in Trump family-backed crypto business
The recent $100 million investment by a UAE firm significantly increases the "Web3-native fund's" stake, positioning it as a leading tokenholder in World Liberty Financial, surpass...
Read Full Article →Former Tether, Hut 8, Blackstone execs to launch $1B crypto treasury firm
A team of experienced financial leaders aims to secure $1 billion to establish a publicly accessible investment company focused on managing a varied digital asset portfolio.
Read Full Article →US prosecutor intervenes in FTX-linked case, suggests resolution without trial
The involvement of a key US legal authority in the FTX-related matter indicates potential financial implications that could influence settlements and outcomes affecting both partie...
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