Market
Twenty One Capital shares rise as Tether pushes merger with Strike, Elektron
Tether has proposed that Twenty One Capital, a NYSE-listed bitcoin treasury venture, merge with Strike and Elektron Energy.
Market
Market
MoonPay buys crypto security firm Sodot in $100M push into institutional crypto
MoonPay has acquired Israel-based crypto security infrastructure provider Sodot, forming the foundation of its new institutional unit led by former CFTC Acting Chair Caroline Pham.
Market
Galaxy Digital leads $20 million investment in Fence to overhaul back end of $6 trillion credit market
Galaxy Digital has led a $20 million funding round for Fence, a fintech startup focused on modernizing the infrastructure of the global credit market. The investment round positions Fence to tackle operational inefficiencies in what represents a $6 trillion market segment, though additional participating investors in the round were not
Market
First prediction market ETFs could launch next week, Bloomberg analyst says
Roundhill’s SEC filing set a May 5 effective date for its prediction market ETFs, which analysts say could pave the way for a launch next week.
Market
Ethereum ICO whale moves $23 million in ETH after 10-year dormancy
The Ethereum whale address received the ETH on July 30, 2015, after participating in the ICO event with $3,100.
Market
Western Union to launch stablecoin next month, with ‘Stable Card’ planned for global consumers
WU is also launching a network connecting digital wallets to its existing retail infrastructure, and a stablecoin card for payments.
Market
Freezing 5.6 million dormant bitcoin could trigger ‘worst’ single-day repricing
A proposal to freeze 5.6 million dormant bitcoin has emerged as a potential catalyst for what analysts are calling the "worst" single-day repricing event in cryptocurrency history. The controversial suggestion involves immobilizing bitcoin that has remained untouched in wallets for extended periods, representing approximately 27% of the
Market
Bitcoin ETFs just pulled $2 billion in 8 days while short-term holders quietly started selling
Bitcoin exchange-traded funds experienced significant outflows totaling $2 billion over an eight-day period, according to recent market data. The substantial capital withdrawal coincided with increased selling activity from short-term Bitcoin holders, suggesting a shift in investor sentiment across different market segments. The ETF outflows represent a notable reversal from the
Market
FTX estate misses out on $3B Cursor stake value after $200K sale in 2023
The FTX estate sold its Cursor stake for $200K in 2023, now worth $3B after a SpaceX-linked valuation surge, raising questions about bankruptcy asset sales.
Market
BlackRock drives 7-day Bitcoin ETF inflow streak as BTC nears $80,000
US-listed spot Bitcoin ETFs recorded a seven-day inflow streak totaling $1.9 billion, surpassing their March run over a similar period.
Market
Core Scientific Reveals $3.3 Billion Junk-Bond Sale to Pivot Further from Bitcoin Mining to AI
Core Scientific, a Bitcoin miner turned data center operator, said that it plans to offer $3.3 billion worth of speculative-grade debt.
Market
DoorDash to offer stablecoin payouts with Tempo in push toward everyday crypto payments
Stripe, Coastal Bank and ARQ are also deploying stablecoin payment flows on Tempo's network alongside DoorDash.