“CoinDCX Not for Sale”: CEO Shuts Down Coinbase Buyout Talks Amid Hack Speculation
India’s largest crypto exchange, CoinDCX, is at the center of acquisition rumors from major crypto exchange Coinbase, but CEO Sumit Gupta has made one thing crystal clear: the company is not for sale. His public statement on social platform X comes in the wake of speculation that U.S.-based Coinbase...
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Kraken targets $500M raise at a $15B valuation amid expansion push
Cryptocurrency exchange Kraken is allegedly preparing to raise $500 million in new funding, aiming for a $15 billion valuation. The report, published by The Information and confirmed by Reuters on July 30, cites people familiar with the matter. The potential…...
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Bitmain to Open US Factory—Here’s Why the Bitcoin World Should Pay Attention
Bitmain, the global leader in the production of Bitcoin mining hardware known as application-specific integrated circuits (ASICs), is reportedly preparing to open its first manufacturing facility in the United States. The strategic move, first reported by Bloomberg, signals a notable shift for the mining hardware giant, aiming to enhance...
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Ray Dalio Advises Allocating 15% In Bitcoin Or Gold To Brace For What’s Coming.
Ray Dalio, founder of Bridgewater Associates and one of the most influential voices in global finance, has issued a quiet yet powerful recommendation on why investors should consider allocating up to 15% of their portfolios into Bitcoin or gold. Dalio’s advice conveys a deeper message that the old playbook...
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MARA CEO Fred Thiel Says When ‘Lots Of Companies’ Start Buying Bitcoin, The Advantage Disappears: ‘Kudos To Saylor…But They Can’t All Be Successful’
Fred Thiel, CEO of MARA Holdings Inc. (NASDAQ:MARA), expressed reservations Tuesday about the future success of the Bitcoin (CRYPTO: BTC) treasury play popularized by Michael Saylor’s Strategy Inc. (NASDAQ:MSTR). What Happened: During the company’s second-quarter earnings call, Thiel praised Saylor and his team for pioneering the Bitcoin treasury strategy, but voiced...
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Linea releases tokenomics: ETH used for gas, LINEA neither gas nor governance token
Linea, the Ethereum layer 2 network developed by ConsenSys, has officially released its LINEA tokenomics framework, revealing a unique Ethereum-aligned model. The update was shared in a July 29 blog post and arrives ahead of Linea’s anticipated Token Generation Event.…...
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220,000 ETH in 48 Hours: Ethereum Price Rally on the Way?
TL;DR Whales have purchased nearly $850 million worth of ETH in just two days. Other bullish signals for the cryptocurrency include the declining supply of tokens on exchanges and the solid interest in spot Ethereum ETFs. The Largest Whales on the Move Despite not posting any major gains in...
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This Vape Company Aims to Establish the Largest Publicly-Traded BNB Treasury Firm in the US
CEA Industries Inc., a Canadian vape company, saw its stock surge by 550% following its pivot into digital assets. The entity announced it had priced an oversubscribed and upsized PIPE financing round, backed by 10X Capital and YZi Labs, in a bid to transform into a BNB-focused treasury vehicle....
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Bitcoin Trades Flat Ahead Of Fed Interest Rate Decision; Ethereum, Dogecoin Gain: Analyst Says ‘Next Impulse’ Will Send BTC To $130,000
The cryptocurrency market remained calm Tuesday ahead of the Federal Reserve’s interest rate decision, with traders expecting the central bank to keep rates unchanged. Cryptocurrency Gains +/- Price (Recorded at 10:30 p.m. ET) Bitcoin (CRYPTO: BTC) +0.26% $117,951.86 Ethereum (CRYPTO: ETH) +1.63% $3,804.28 Dogecoin (CRYPTO: DOGE) +0.86% $0.2255 What...
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Ethereum Leads Futures Rebound As Top Altcoin OI Nears $45B
The combined Open Interest of the top altcoins has seen recovery recently, with Ethereum contributing to the largest part of the swing. Ethereum, XRP, Solana, And Dogecoin Have Seen A Rise In Open Interest In a new post on X, the on-chain analytics firm Glassnode has talked about the...
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