Peter Thiel’s Crypto Exchange Bullish Files for U.S. IPO
Bullish, the Peter Thiel-backed crypto exchange, has confidentially filed for an initial public offering in the United States. The move signals that the company is ready to take another swing at going public after its first attempt, via SPAC, fizzled out during the crypto market’s downturn in 2021. The...
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XRP Ledger Adds BlackRock-Backed Treasuries In Ripple Deal
The XRP Ledger (XRPL) moved from theory to production-grade finance today as Ondo Finance switched on its tokenized US Treasury fund, Ondo Short-Term US Government Treasuries (OUSG), directly on the network. The launch lets Qualified Purchasers mint or redeem OUSG around the clock by settling with Ripple’s enterprise-grade stablecoin...
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Fortune 500 Executives Are Eyeing Stablecoins Like Never Before—Study
US firms are warming up to stablecoins at a pace we haven’t seen before. Interest jumped from 8% in 2024 to 29% this year among 100 executives at Fortune 500 companies. That’s more than three times the level of a year ago. And small ones aren’t far behind. A...
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Bitcoin Price Above $107,000 Is Ideal, But Don’t Get Excited Until This Happens
The Bitcoin price is comfortably trading above the $107,000 zone, providing a bullish outlook for the flagship crypto. Crypto analyst Daan Crypto has commented on the current BTC price action and revealed why market participants still need to be cautious. Why Investors Need To Be Cautious About The Bitcoin...
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Ethereum Continues To Outperform BTC In Q2 – Is A Bullish Run Brewing?
With a remarkable performance this year, Ethereum, the second-largest digital asset, appears to be leading the charge, surpassing the king of cryptocurrency, Bitcoin, in recent market trends. ETH’s upward trend may just be the beginning as the altcoin breaks past key resistance levels that hampered previous upside attempts. Will...
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GameStop Raising Another $1.75B for Potential Bitcoin Purchases
GameStop (GME), the embattled video game retailer turned meme stock, announced Wednesday a $1.75 billion convertible senior note offering. Proceeds will be used at least in part for “making investments in a manner consistent with GameStop’s Investment Policy,” per a company press release. Said investment policy is to add...
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Nasdaq Files to List 21Shares SUI ETF, Kicking Off SEC Review
Nasdaq has submitted a 19b-4 filing to the US Securities and Exchange Commission (SEC) seeking approval to list the 21Shares SUI ETF. The filing, which is now published in the SEC’s public register, initiates the formal beginning of the regulatory review process and follows 21Shares’ S-1 registration statement, which...
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Safe Establishes New Development Firm to Attract Institutions and Tackle Crypto’s ‘Cyber Warfare’ Era
Safe, the popular multiparty crypto wallet previously called Gnosis Safe, has launched a new development unit, Safe Labs, in a move aimed at consolidating its operations and sharpening its product roadmap after it was targeted in February’s $1.4 billion ByBit hack — the largest crypto heist to date. The...
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GENIUS Act wins crucial vote, heads to Senate floor vote
The U.S. Senate voted 68-30 on Wednesday to invoke cloture on the GENIUS Act, a major stablecoin bill, paving the way for a final floor vote scheduled for next Monday. If passed, the bill could set the first national regulatory…...
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Trump Family-Backed Bitcoin Mining Firm Mines $23 Million Worth Of BTC, Signals More Accumulation In The Future (CORRECTED)
Editor’s Note: This article was updated to clarify that American Bitcoin mined its Bitcoin holdings. American Bitcoin, a Bitcoin (CRYPTO: BTC) mining company backed by Eric Trump and Donald Trump Jr., mined millions worth of the apex cryptocurrency, according to a recent filing with the SEC. What Happened: The firm reported having accumulated 215...
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