Crypto VC Funding Slumps Despite Big November Raises
Venture capital funding in the cryptocurrency sector remained muted in November, continuing a broader slowdown that has persisted through late...
Business
Bitmine Buys $199M ETH as Smart Money Traders Short ETH
BitMine Immersion Technologies, the world’s largest corporate Ether holder, continues buying the dip, despite the industry’s most successful traders betting...
Strategy $1.44B Raise Helped Address FUD, Says CEO
Strategy CEO Phong Le said part of the reason for establishing a $1.44 billion USD reserve was to alleviate investor...
Fidelity Investments CEO Abigail Johnson confirms Bitcoin ownership
Key Takeaways Fidelity Investments CEO Abigail Johnson confirmed she personally owns Bitcoin. Her public endorsement adds to a growing list...
Ex-Binance.US CEO Launches Stablecoin Platform Ahead of L1 Network
1Money, a company co-founded by the former CEO of Binance.US, has launched a stablecoin orchestration platform ahead of its plans...
Bitcoin is an ‘Asset of Fear‘; Softens Crypto Stance
Larry Fink, chair and CEO of asset management company BlackRock, explained his “big shift” from associating cryptocurrencies with illicit activities...
Prediction Market Kalshi Raises $1B at $11B Valuation
Prediction market Kalshi has closed a $1 billion funding round at a valuation of $11 billion, after seeing its best-ever...
Sonnet shareholders approve Hyperliquid merger to launch HYPE-focused crypto treasury
Key Takeaways Sonnet BioTherapeutics shareholders have approved a merger, pivoting the company to a crypto treasury strategy focused on the...
Vanguard Moves Toward Crypto Access for Millions of Investors
Vanguard, the second-largest asset manager in the world, is set to allow its clients to start trading crypto exchange-traded funds...
Tether CEO Rails Against S&P, Says Influencers Targeting Tether With FUD
Tether CEO Paolo Ardoino and market analysts pushed back against S&P Global’s downgraded rating of USDt’s (USDT) ability to maintain...
CME Halts Trading for Several Hours Before Restoring Service
The Chicago Mercantile Exchange (CME), the world’s largest financial derivatives exchange, halted trading for about 10 hours from Thursday into...
CoinShares ends bid to launch XRP, Solana, and Litecoin ETFs in the US
Key Takeaways CoinShares has withdrawn its registration filings for three crypto ETFs tied to XRP, Solana, and Litecoin. The move...
Fire Breaks Out at Greenidge New York Facility, Forcing it Offline
Greenidge Generation Holdings, a Bitcoin (BTC) mining company, disclosed that a fire broke out at its mining facility in Dresden,...
Strategy Supporters Say JPMorgan’s BTC Product Biases It against DATs
Members of the Bitcoin community and supporters of Strategy, the largest corporate holder of BTC, are criticizing JPMorgan’s proposed Bitcoin-backed...
‘Strong Negative Correlation’ with BTC and USDt Activity: Glassnode
Blockchain analytics provider Glassnode reported a “strong negative correlation” between Bitcoin’s and USDt’s activity over the last two years.In a...
Ark Invest acquires 174K Alphabet shares as the stock hits all time high
Key Takeaways Ark Invest, led by Cathie Wood, acquired 174,000 shares of Alphabet. Alphabet's stock price is surging due to...
Paxos Acquires Fordefi as DeFi Integrations Accelerate Across Industry
Blockchain infrastructure company Paxos has acquired Fordefi, a New York-based institutional crypto wallet and custody technology startup.Paxos said the deal...
Revolut Hits $75B Valuation Following Share Sale, Global Push
Neobank Revolut has completed a share sale that values the company at $75 billion, placing it among the world’s most...
Crypto Dispensers Weighs $100M Sale After CEO Indicted
Crypto Dispensers, a Chicago-based operator of Bitcoin ATMs, is considering a potential $100 million sale as its founder faces federal...
NYSE approves Grayscale XRP and Dogecoin ETFs for listing; trading set for Monday
Key Takeaways Grayscale's XRP and Dogecoin ETFs are set to debut on NYSE Arca next Monday. Both ETFs will charge...
Bitcoin Rout Pressures Investors Amid Treasury Reckoning: Finance Redefined
Cryptocurrency markets continued their decline for a fourth consecutive week this week, raising concerns over the status of the bull...
Coinbase ’Doubles Down’ on Solana with Latest DEX Acquisition
US-based cryptocurrency exchange Coinbase said it will buy Vector, a decentralized platform built on Solana, in the company’s latest acquisition...
