Tag: Crypto

Bullish Aims for $4.2B Valuation With New U.S. IPO Filing

Bullish, the crypto exchange backed by Peter Thiel, is back in the spotlight with a new IPO filing. This time, the company is aiming for a valuation of up to $4.23 billion as it looks to go public in the United States. It’s a big move, especially after a...
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Coinbase, Circle, Metaplanet Stocks Tumble: What’s Driving The Decline?

A wave of sharp drawdowns across crypto-exposed equities like Coinbase (NASDAQ:COIN), Circle (NYSE:CRCL), and Metaplanet (OTC:MTPLF) is pointing to a broad market rejection of inflated valuations. What Happened: The declines, driven less by macro headwinds and more by overpayment for narrative-driven exposure, are triggering a necessary reset in how...
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Spot Ethereum ETFs Record Largest-Ever Daily Outflow

Ethereum exchange-traded funds (ETFs) have experienced the largest outflow ever, with the products bleeding $465 million in one day. This movement marks a major reversal from the momentum seen last month in the Ethereum ETF market. Record $465M Daily Outflow According to data from SoSoValue, on August 4, outflows...
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BounceBit Adds Franklin Templeton Tokenized Fund for Treasury-Backed Yield Strategies

BounceBit, a crypto infrastructure provider that combines features of centralized and decentralized finance (CeDeFi), is bringing Franklin Templeton’s tokenized money market fund into its structured yield platform BB Prime, combining U.S. Treasury yields with crypto funding and basis arbitrage strategies. The tokenized fund, which belongs to the suite of...
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