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Financial industry group pushes back on tokenized equities, urges SEC to reject crypto firms’ exempt...
A prominent financial trade organization advocates for the SEC to withhold special permissions that would allow cryptocurrency companies to issue digital shares, emphasizing potent...
Read Full Article →Bitcoin miner Hut 8 signs five-year capacity contracts with Ontario grid operator for gas-fired powe...
The agreement between Hut 8 and the Ontario grid operator highlights the increasing involvement of cryptocurrency mining in traditional energy systems, potentially impacting long-t...
Read Full Article →Strategy’s preferred shares offer compelling income with less volatility than MSTR shares, TD Cowen...
TD Cowen analysts highlighted that the preferred shares of Strategy provide attractive income potential and demonstrate lower price fluctuations compared to common shares of MSTR,...
Read Full Article →BlackRock’s Bitcoin ETF earns more revenue than its $624 billion S&P 500 fund: Bloomberg
BlackRock’s Bitcoin exchange-traded fund generates greater income compared to its flagship S&P 500 fund, primarily due to the increased fees associated with the cryptocurrency-focu...
Read Full Article →Trump family saw $620 million from crypto venture proceeds in recent months: report
The Trump family generated substantial revenue recently, earning hundreds of millions of dollars from the sale of digital tokens associated with their cryptocurrency projects and r...
Read Full Article →China-based garment maker unveils updated, though equally vague, plan to purchase 12,000 BTC
A China-based clothing manufacturer announced intentions to acquire a substantial amount of bitcoins, but key financial details such as the total purchase volume, share issuance, a...
Read Full Article →YZi Labs-backed BounceBit joining tokenized stock trend in Q4
BounceBit’s entry into the tokenized stock market in the final quarter highlights a noteworthy development in the expanding real-world asset sector, which is increasingly attractin...
Read Full Article →Robinhood pays $5 in transaction fees to deploy 213 tokenized stock contracts on Arbitrum
Robinhood incurred minimal expenses to issue over two hundred tokenized stock contracts on the Arbitrum network, facilitating blockchain-based equity trading access for users withi...
Read Full Article →Solana treasury firm DeFi Development Corp disclosed $112.5 million private placement deal to fund S...
DeFi Development Corp secured $112.5 million through a private placement to support Solana token acquisitions, using a prepaid forward structure that allows investors to manage pot...
Read Full Article →‘Nothing new under the sun’: Analyst sees subdued crypto summer despite potential ‘Trump-trade’ vola...
Despite several upcoming political events and policy deadlines in July, financial experts anticipate limited growth and moderate activity within the cryptocurrency sector during th...
Read Full Article →Thesis doubles down on bitcoin rewards infrastructure with Lolli acquisition
The acquisition of Lolli allows Thesis to enhance its bitcoin rewards offerings by incorporating the platform into its existing ecosystem, potentially increasing user engagement an...
Read Full Article →Anchorage Digital tapped as staking partner and custodian for REX-Osprey Solana + Staking ETF
Anchorage Digital has been selected to provide custody and staking services for a U.S.-listed crypto ETF that integrates both asset holdings and income generated from blockchain pa...
Read Full Article →Standard Chartered reaffirms $200K year-end bitcoin forecast, citing ETF flows, corporate treasury d...
Standard Chartered highlights factors like increased investment inflows, corporate purchases, and favorable regulatory conditions as key drivers supporting a substantial increase i...
Read Full Article →US spot Bitcoin ETFs’ 15-day net inflow streak ends as $342 million exits funds
After a continuous two-week period of steady investments, US spot Bitcoin funds experienced a notable outflow, with BlackRock's leading IBIT product seeing no new capital inflows f...
Read Full Article →Nasdaq-listed Bit Digital raises $163 million in net proceeds from share offering to fund Ethereum t...
Bit Digital secured $163 million through a share issuance to support its transition from Bitcoin mining by increasing investments in its Ethereum holdings.
Read Full Article →Velodrome enables native cross-chain swaps for its DEX ecosystem on Optimism Superchain
The introduction of SuperSwaps allows seamless token exchanges within the Optimism Superchain, potentially increasing trading volume and liquidity for Velodrome’s decentralized exc...
Read Full Article →OFAC sanctions Tron-based crypto address linked to Russian bulletproof hosting service provider
The recent sanction targets a crypto wallet associated with a Russian hosting provider known for offering resilient servers that evade regulatory oversight, potentially disrupting...
Read Full Article →Bitcoin dips to around $106,000 as traders derisk ahead of key US data releases
Bitcoin's recent decline reflects investor caution as important upcoming US labor statistics, such as job openings and employment figures, are expected to influence market sentimen...
Read Full Article →Centralized exchange spot volume hits 9-month low while DEX usage grows
The decline in spot trading on centralized platforms coincides with increased activity on decentralized exchanges, reflecting a market shift influenced primarily by institutional i...
Read Full Article →Arizona governor vetoes bill seeking to create reserve fund from seized crypto
The veto of HB 2324 prevents the creation of a special fund intended to hold and oversee digital currencies obtained through legal seizures, affecting state financial management pl...
Read Full Article →DEX to CEX futures trade volume ratio hits all-time high of 8%
The proportion of futures trading conducted on decentralized exchanges compared to centralized ones has recently reached a record level, indicating a growing preference for decentr...
Read Full Article →As more public firms build out altcoin treasuries, investors wait for their ETF counterparts
As public companies increasingly allocate funds to alternative cryptocurrencies, market participants anticipate the potential impact of officially sanctioned ETFs on investment str...
Read Full Article →Design app Figma owns $70 million worth of Bitwise Bitcoin ETF shares as of Q1
Figma's investment in Bitwise Bitcoin ETF shares valued at $70 million highlights a growing trend among firms to diversify assets by incorporating digital currencies into their fin...
Read Full Article →Ethereum Community Foundation raises ‘millions’ to drive value to ETH by funding ‘immutable and toke...
The Ethereum Community Foundation has secured substantial funding aimed at supporting projects that enhance the network’s infrastructure, with the goal of increasing institutional...
Read Full Article →Stable, a Bitfinex-backed Layer 1 blockchain using Tether’s USDT as a gas token, unveils ‘Phase 1’ o...
The introduction of Phase 1 in Stable’s development highlights potential growth opportunities by leveraging Tether’s USDT for transaction fees, supported by Bitfinex’s financial ba...
Read Full Article →SEC approves Grayscale’s mixed crypto fund, signaling momentum for other ETF proposals
The SEC’s expedited approval of Grayscale’s crypto-linked exchange-traded fund may encourage similar fund applications, potentially impacting investment opportunities within the di...
Read Full Article →The Daily: Trump-backed American Bitcoin raises $220M for bitcoin and mining gear, Bitwise sticks to...
American Bitcoin’s recent $220 million fundraising highlights growing investor confidence in cryptocurrency infrastructure, while Bitwise maintains its forecast of bitcoin reaching...
Read Full Article →Crypto tax amendment dropped from Senate’s ‘Big, Beautiful Bill,’ but Sen. Lummis plans to keep push...
The removal of the cryptocurrency tax provision from the bill means potential changes in tax regulations for digital assets may be delayed, affecting investors and market participa...
Read Full Article →Mizuho sees Robinhood’s crypto expansion driving a rerating, hikes HOOD price target to $99
The introduction of new crypto products and blockchain initiatives by Robinhood is expected to enhance investor confidence and potentially increase the company’s market valuation a...
Read Full Article →Asian food giant DDC Enterprise closes up to $528 million to grow corporate Bitcoin reserves
DDC Enterprise secured substantial funding totaling up to $528 million to enhance its cryptocurrency holdings as part of a broader strategy to diversify and strengthen its financia...
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