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South Korea elects pro-crypto Lee as new president; crypto ETFs and KRW stablecoins on horizon
The election of South Korea's new leader, who supports digital currencies, could lead to increased investment opportunities through spot crypto ETFs and the introduction of won-bac...
Read Full Article →Trump’s top advisor Kevin Hassett discloses Coinbase holdings worth at least $1 million: Bloomberg
Kevin Hassett, a key advisor to Trump, reportedly possesses vested stock in the cryptocurrency platform Coinbase valued between $1 million and $5 million, highlighting substantial...
Read Full Article →Truth Social files for Bitcoin ETF, marking Trump Media’s latest crypto expansion
The recent filing for a Bitcoin ETF by Truth Social represents a strategic move to diversify its financial offerings and enhance its presence within the growing cryptocurrency inve...
Read Full Article →‘Truly infuriating’: SEC technical briefing on crypto bill sparks blowback from House Democratic sta...
The SEC's handling of the crypto legislation raised concerns among Democratic staffers, highlighting potential challenges for market transparency and regulatory clarity that could...
Read Full Article →Brad Garlinghouse says Ripple never made a bid to acquire Circle, contradicting recent reports
Brad Garlinghouse clarified at a Las Vegas event that Ripple did not pursue a financial transaction to purchase Circle, challenging the accuracy of previous news coverage on the ma...
Read Full Article →The Daily: Robinhood completes Bitstamp acquisition, another Nasdaq-listed firm plans $500 million r...
Robinhood's acquisition of Bitstamp and a Nasdaq-listed company’s planned $500 million fundraising to acquire SOL highlight ongoing strategic investments and capital movements with...
Read Full Article →MARA hits monthly mining milestone, holds all 950 BTC to grow second-largest public crypto treasury
MARA’s recent Bitcoin acquisition increases its total holdings to 49,179 BTC, strengthening its position as the second-largest public company by cryptocurrency reserves and reflect...
Read Full Article →Trump-branded crypto wallet and trading app launching despite ongoing controversy
The introduction of the new digital currency platform associated with Trump aims to capitalize on market interest, potentially influencing investment trends despite persistent publ...
Read Full Article →Peter Thiel’s Founders Fund co-leads $8 million Series A for Base-based derivatives exchange Avantis
The investment round led by Peter Thiel’s Founders Fund provides Avantis with significant capital through a combination of equity and token warrants, supporting the company’s growt...
Read Full Article →‘Trump always chickens out’ tariff narrative and ‘big beautiful bill’ set stage for tumultuous June,...
K33’s recent fundraising of $6.2 million to initiate a bitcoin treasury strategy, including a $1 million purchase of 10 BTC, highlights a significant investment move amid uncertain...
Read Full Article →Kraken launches full-service prime brokerage tailored for institutional crypto clients
Kraken’s introduction of a comprehensive prime brokerage service aims to enhance institutional access to cryptocurrency markets by providing specialized trading, custody, and finan...
Read Full Article →Ripple’s RLUSD stablecoin approved by Dubai regulator for use in city’s financial hub
The approval of Ripple’s RLUSD stablecoin allows it to facilitate transactions within a major free trade zone in Dubai, potentially enhancing the efficiency of digital payments in...
Read Full Article →Ethereum Foundation overhauls R&D division amid leadership changes and staff layoffs
The Ethereum Foundation’s reorganization of its research unit, accompanied by leadership shifts and employee reductions, may impact budget allocations and future investment priorit...
Read Full Article →Robinhood completes $200 million acquisition of crypto exchange Bitstamp
The purchase allows Robinhood to broaden its market presence internationally by integrating Bitstamp’s established user base throughout Europe, the United Kingdom, and parts of Asi...
Read Full Article →The Blockchain Group buys bitcoin worth $69 million, total holdings now at 1,471 BTC
The company increased its cryptocurrency assets by acquiring an additional 624 bitcoins valued at nearly $69 million, raising its overall digital currency portfolio to 1,471 BTC.
Read Full Article →Hong Kong’s OSL eyes Indonesia expansion with $15 million crypto exchange acquisition
OSL Group’s acquisition of a majority share in an Indonesian digital asset platform highlights its strategic investment to enhance market presence and diversify revenue streams in...
Read Full Article →Nasdaq-listed Classover plans to raise up to $500 million in new deal to build SOL treasury
Classover, an educational technology firm listed on Nasdaq, intends to generate as much as $500 million by issuing senior secured convertible notes to support the development of it...
Read Full Article →Paradigm researchers aim to improve stablecoin pools via Orbitals as the market hits a record-high c...
Paradigm's development of Orbitals seeks to enhance capital efficiency in stablecoin liquidity pools, potentially impacting market dynamics as stablecoin capitalization reaches unp...
Read Full Article →Strategy to offer 2.5 million new ‘Stride’ preferred shares to fund its bitcoin buying spree
The company plans to raise substantial capital by issuing new preferred shares, continuing its efforts to finance large-scale bitcoin acquisitions through a multi-billion dollar fu...
Read Full Article →Leadership may be in flux at the CFTC, but former agency chairs see a path forward for it to take on...
Despite recent changes in its senior leadership, the CFTC is expected to continue playing a significant role in overseeing the cryptocurrency market, potentially impacting financia...
Read Full Article →SEC seeks feedback on in-kind creations and redemptions for WisdomTree Bitcoin Fund
The SEC is gathering public input on processes allowing investors to exchange shares of the WisdomTree Bitcoin Fund directly for bitcoin, potentially impacting liquidity and operat...
Read Full Article →The Daily: Metaplanet ramps up bitcoin buys as Strategy slows down, global Ethereum funds see best i...
Metaplanet's increased bitcoin acquisitions and a slowdown in its Strategy fund, alongside record inflows into global Ethereum funds this year, highlight shifting investment trends...
Read Full Article →Morph CEO Cecilia Hsueh stepping down with ex-Binance exec to take over
The leadership change at Morph, involving the departure of its CEO and the appointment of a former Binance executive, may influence the company's strategic direction and investor c...
Read Full Article →Consensys aims to boost MetaMask UX, speed up Bitcoin support with Web3Auth acquisition
The recent purchase by Consensys is expected to enhance user experience and improve Bitcoin integration through advanced seed phrase management, although the financial details of t...
Read Full Article →DeFi hacks accounted for most of May’s $302 million crypto losses: Certik
In May, decentralized finance platforms experienced substantial security breaches leading to significant financial setbacks, with one protocol recovering a portion of its losses af...
Read Full Article →Circle seeks $7.2 billion valuation in upsized IPO
Circle aims to raise substantial capital by increasing the size of its initial public offering, offering 32 million shares at a price range that reflects a notable market valuation...
Read Full Article →Consensys to help SharpLink build its ETH treasury by leading $425 million private placement
Consensys is supporting SharpLink in expanding its Ethereum holdings through a $425 million private funding round, with CEO Joseph Lubin now serving as chairman on SharpLink’s boar...
Read Full Article →IG Group becomes first UK-listed firm to offer retail crypto trading through Uphold partnership
By integrating Uphold's technology, IG Group has expanded its trading services to include cryptocurrencies for individual investors, marking a notable development in the evolution...
Read Full Article →Billions to Trillions: Stablecoin Use-cases Poised to Expand the Market
Stablecoins are increasingly integrated into various financial sectors, potentially driving substantial growth and reshaping transaction methods across the global economy.
Read Full Article →Strategy acquires another 705 bitcoin for $75.1 million, taking total holdings to 580,955 BTC
The company expanded its digital asset portfolio by purchasing an additional 705 bitcoins for $75.1 million, increasing its overall stake to nearly 2.8% of the total bitcoin availa...
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