Month: June 2025

Kalshi Joins Polymarket in Unicorn Club With Latest Fundraise: Report

Prediction market Kalshi, a federally regulated competitor to Polymarket, has raised more than $100 million at a valuation of $1 billion, according to a report from Bloomberg. This comes less than a day after reports emerged that Polymarket was raising $200 million at the same unicorn valuation, led by...
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Bitcoin, Ethereum, XRP Holders Sitting On Profits, While Dogecoin Trails: Report

Despite recent volatility, long-term holders of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP), Dogecoin (CRYPTO: DOGE) are enjoying substantial gains — a payoff for their patience during earlier market cycles. What Happened: According to new data from Santiment, 94.5% of Bitcoin’s circulating supply is currently in...
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Ethereum Builds Critical Pattern On Daily Chart, Volatility Ahead

The Ethereum 1-day chart is shaping an intriguing technical formation that could define its next move. This setup reflects growing uncertainty in the market but also sets the stage for high-impact volatility. Ethereum Approaches Decision Point: Breakout Or Breakdown? Ethereum is currently forming a megaphone pattern, a broadening formation...
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Crypto.com secures $120m insurance for U.S. custody platform

Crypto exchange Crypto.com has announced it secured $120 million in insurance coverage for digital assets held in Crypto.com Custody Trust, its U.S.-based solution. The exchange said in an announcement that the $120 million insurance cover is arranged by Aon, a…...
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Bitdeer Raises $330M Via Convertible Note Sale

Bitcoin miner and ASIC manufacturer Bitdeer Technologies (BTDR) has completed a $330 million private placement of convertible senior notes maturing July 1, 2031. The notes bear interest at 4.875% and feature a conversion price of $15.87 per share — about 44% above BTDR’s current $11 trading price. The bond’s...
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