The Donald Trump-affiliated DeFi project, World Liberty Financial, is receiving considerable interest from public companies that want to hold its native WLFI token as a treasury asset, according to a recent report. Co-founder Zak Folkman revealed this during his Wednesday speech at the Permissionless conference in New York, where he also announced the release of […]
Bakkt Holdings has filed a shelf registration with the US Securities and Exchange Commission (SEC) to raise up to $1 billion through a variety of securities offerings while considering Bitcoin purchases for its corporate treasury. The digital asset platform, backed by Intercontinental Exchange, outlined in its Form S-3 filing that it could issue common and […]
Ogle, a pseudonymous crypto sleuth and founder of Layer 1 project Glue, has alleged that the Across Protocol team used a web of undisclosed wallets to steer DAO votes in their favor, which enabled the team to transfer almost $23 million from the Across DAO treasury to their private company, Risk Labs. According to Ogle, […]
Around 140,000 Bitcoin options contracts will expire on Friday, June 27, and they have a notional value of roughly $15 billion. This event is a big one, being the end of the month and end of the second quarter, so there could be an impact on spot markets. They have been recovering since Monday’s crash, […]
OpenAI CEO Sam Altman’s crypto-tied digital identity project, World, formerly known as Worldcoin, has launched “Priority Blockspace for Humans” (PBH) on its World Chain mainnet. The new infrastructure is designed to prioritize transactions from verified human users, marking a shift away from traditional gas fee bidding mechanisms. Priority Blockspace for Humans According to a press […]
A Bloomberg report has revealed that former Blackstone Inc. executive Chinh Chu and Reeve Collins, co-founder of stablecoin giant Tether, are teaming up to raise $1 billion for a listed crypto vehicle that aims to build a portfolio of digital assets. The capital is being raised through M3 Brigade Acquisition V Corp, a Special Purpose […]
The BTC.com mining pool currently dominates miner flows to Binance, as it now accounts for nearly 98% of all BTC transfers from miners to the exchange. This trend provides critical insight into miner behavior, according to the latest report by CryptoQuant. Bitcoin Miners Show Patience Historically, BTC.com increases its outflows to Binance when Bitcoin’s price […]
Bitcoin briefly dropped below $100,000 during the 12-day conflict involving Israeli and US strikes on Iran, along with retaliatory attacks on Israel and US bases in Qatar. Markets were shaken until US President Donald Trump confirmed that both Israel and Iran had agreed to a ceasefire. This announcement triggered a rebound in global risk sentiment. […]
Crypto prediction market platform Kalshi has raised $185 million in a Series C round led by Paradigm, reaching a $2 billion post-money valuation. “People choose to work at Kalshi not because of the money we’ve raised, but because of our ambition: build the most important financial market on the planet,” said CEO Tarek Mansour, celebrating […]
Spot Bitcoin ETFs have seen almost $1.5 billion in inflows so far this week as institutional investors are driving the markets. In just three trading days, aggregate inflows for US spot BTC funds totalled $1.48 billion, according to Farside Investors. Additionally, there has not been an outflow day since June 6, almost three weeks ago. […]