Safety Shot announced on August 11 the creation of a corporate BONK treasury, receiving $25 million in tokens through a strategic alliance with BONK founding contributors. The Nasdaq-listed company issued $35 million in convertible preferred […]
Bitcoin (BTC) rebounded from a local low near $114,800, closing last week about 2.1% higher at $119,580 and turning the range floor into tentative support, according to Bitfinex Alpha’s July 28 report. The recovery has […]
Algorithmic trading firm Two Prime formally dropped its exposure to Ethereum (ETH), stating that ETH now trades as a memecoin rather than a predictable asset. According to CEO Alexander Blume, the firm will now exclusively […]
The US Securities and Exchange Commission postponed decisions on multiple crypto-related exchange-traded fund (ETF) applications on May 13, including those filed by Grayscale and BlackRock. The delays extend the agency’s review timeline and align with […]
Bitcoin (BTC) plunged to a low of $101,500 on June 5, marking its sharpest decline in over a month as a wave of selling swept through crypto markets. The drop extended a multi-day slide triggered […]
Bloomberg analysts have sharply increased the likelihood of U.S. regulators approving a new wave of cryptocurrency exchange-traded funds, pointing to a friendlier stance from the Securities and Exchange Commission (SEC). Bloomberg senior ETF analysts Eric […]
Coinbase launched wrapped tokens for Cardano (cbADA) and Litecoin (cbLTC) on its Base layer-2 network, the exchange said in a June 25 post. Each synthetic token is backed 1:1 by the underlying asset held in […]
The Securities and Exchange Commission (SEC) is working with US exchanges on a generic listing framework for token-based exchange-traded funds (ETFs) that could eliminate the need for issuers to file individual rule-change requests, Fox News’ […]
Bitcoin (BTC) registered a new all-time high of $118,287.46 on July 11 and is up 3.3% in the past 24 hours, but major altcoins are leading the gains during the same period. Ethereum (ETH) breached […]
Bit Origin has arranged up to $500 million in new capital to accumulate Dogecoin (DOGE) for its corporate treasury, becoming the latest public company to shift its digital asset reserves beyond Bitcoin. The company stated […]
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