Tag: News

AI-focused NEAR token rose by 7.6% on Wednesday following an announcement from fund manager Bitwise on a NEAR staking exchange-traded product (ETP). NEAR climbed from $2.09 to $2.13 between July 1-2, with a decisive breakout reaching $2.18 on high trading volume. This performance comes on the back of the...

Anthony Scaramucci, the founder and managing partner of hedge fund SkyBridge Capital, says the wave of companies adopting a bitcoin (BTC) treasury strategy is just a passing trend. In an interview with Bloomberg, Scaramucci said he expects the approach to lose momentum in the coming months. “Right now we’re...

Defi Development Corp (DFDV), a Nasdaq-listed firm with a crypto treasury strategy focused on Solana SOL, said on Wednesday it is issuing $112.5 million in convertible notes to raise capital for a stock buyback program and more SOL purchases. The notes offering, which was upsized from $100 million, will...

The power unit of bitcoin miner Hut 8 (HUT) has landed a five-year capacity contract with Ontario’s Independent Electricity System Operator, giving the Miami-based firm a dependable paycheck for 310 megawatts of natural-gas generation. The deal covers plants in Iroquois Falls, Kingston, Kapuskasing, and North Bay, all owned by...

REX Shares and Osprey Funds have selected Anchorage Digital as the exclusive custodian and staking partner for their newly launched REX-Osprey Solana + Staking ETF (SSK), the first crypto staking exchange-traded fund (ETF) listed in the U.S. The fund, which offers investors exposure to Solana (SOL) while generating staking...

Cryptocurrency markets remain in a lull on Wednesday as the majority of assets continue to trade within a tight range. Cosmos’ ATOM token is no exception, it is currently trading around $4.00 and looks poised to make a continued move to the upside. ATOM’s V-shaped recovery pattern formed during...

Bitcoin’s role on company balance sheets is growing fast. According to a report, 199 entities now hold 3 million BTC, worth about $315 billion. That total has more than doubled since the start of 2024. It marks a clear shift in how big firms view crypto, not just as...

SEC Chairman Paul Atkins stated that the regulator remains focused on combating fraud in emerging sectors such as crypto and flaggedconcerns regarding individual access to private credit markets. In an appearance on CNBC’s “Squawk Box” on Wednesday morning, Securities and…...

Stablecoin purchases dominate crypto payments in Europe, with Poland in the lead....

The Trump family’s foray into the cryptocurrency market is intensifying, with recent developments highlighting their commitment to Bitcoin (BTC).  American Bitcoin, a cryptocurrency mining and holding company backed by Eric Trump and Donald Trump Jr. operating as a subsidiary of Hut8, announced on Monday that it successfully raised $220...