Where Money, Investing, and Technology Meet
Key Takeaways Invesco and Galaxy Digital filed for a Solana ETF in Delaware amid expectations of SEC approval. The SEC may approve spot Solana ETFs within an expedited timeline of three to five weeks. Share this article Invesco and Galaxy Asset Management, the fund management arm of Galaxy Digital, have filed to register a trust […]
Key Takeaways Interactive Strength plans to raise up to $500 million to build an FET treasury. The partnership aims to create a leading AI-driven personal training platform and enhance digital fitness services. Share this article Interactive Strength, which trades on Nasdaq under the ticker TRNR, announced Wednesday it has entered into a securities purchase agreement […]
Plasma, a blockchain platform focused on stablecoin infrastructure, is making waves across the crypto space for raising $500 million through its XPL token offering and securing a strategic partnership with DeFi giant Aave in the last 24 hours. The Aave collaboration will see Plasma integrate the DeFi protocol’s lending and liquidity infrastructure to distribute USDT […]
Key Takeaways VanEck, 21Shares, and Canary Capital urge the SEC to revert to its ‘first-to-file, first-to-approve’ standard for crypto ETP approvals. Simultaneous approvals are said to stifle innovation and disadvantage smaller ETF firms. Share this article Three asset managers — VanEck, 21Shares, and Canary Capital — have co-signed a letter urging the SEC to restore […]
The following is a guest post and analysis from Shane Neagle, Editor In Chief fromThe Tokenist. On Tuesday, Michael Saylor, the Executive Chairman of MicroStrategy (NASDAQ: MSTR), riled up the Bitcoin part of the internet. At an event adjacent to Bitcoin 2025 conference in Las Vegas, Saylor was asked whether the company (rebranded as Strategy) […]
Bitcoin (BTC) dropped nearly 8% from its May 22 all-time high, near $112,000, ending a 50% climb over 45 days that began on April 7, when BTC reached its yearly low at $74,441.20. According to the June 2 “Bitfinex Alpha” report, a Court of Appeal decision reinstating disputed US import tariffs pushed 30-year Treasury yields […]
Key Takeaways Elon Musk announced XChat, a direct messaging feature using Bitcoin-style encryption and built with Rust. XChat includes vanishing messages and supports cross-platform audio/video calls without phone numbers. Share this article XChat, a new direct messaging (DM) feature being rolled out on Elon Musk’s platform X, is built on Rust and adopts Bitcoin-style encryption […]
Key Takeaways BlackRock’s iShares Bitcoin Trust faced its largest single-day outflow of over $430 million. US-listed spot Bitcoin ETFs collectively experienced $616 million in outflows amid Bitcoin’s price decline. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) saw over $430 million in outflows after markets closed Friday, snapping a week-long inflow streak that had lasted […]
Key Takeaways The SEC has extended the review period for the Bitwise ETF proposal to July 31, 2025. The proposal seeks to list and trade shares of the Bitwise 10 Crypto Index Fund on NYSE Arca. Share this article The US SEC announced today it will take an additional 60 days to determine whether to […]
Bitcoin’s (BTC) on-chain activity has intensified as the asset consolidates near $108,000, with $120,000 emerging as the next major price zone of interest. Glassnode’s May 28 report highlighted elevated investor profitability, rising accumulation, and robust exchange flows. These conditions resemble past bull market peaks. Bitcoin hit a new all-time high of $111,000 before pulling back […]
