Where Money, Investing, and Technology Meet
Key Takeaways The SEC filing confirms a June FT report that Bullish had submitted IPO paperwork confidentially. Bullish generated $302 million in revenue and $150 million in net income in 2023. Share this article Peter Thiel-backed crypto exchange Bullish has filed for a US initial public offering, according to an SEC Form F-1 submitted Friday. […]
Ethereum (ETH) spot exchange-traded funds (ETFs) registered the fastest “$1 billion leap” in net inflows in their history, jumping from $6 billion to $7 billion in two days, according to Farside Investors’ data. The previous record was five days, when the inflows jumped from $5 billion to $6 billion between July 10 and July 16. […]
Cryptocurrencies are rounding into form. Bitcoin, the world’s largest cryptocurrency by market cap, hit fresh all-time highs of more than $123,000 on July 14. The asset’s run has also sent a jolt into Ethereum (ETH 4.66%), which shot up to almost $3,500 per token on July 17 after having a difficult year so far. Ethereum […]
Tether, the world’s largest stablecoin issuer, minted an additional $2 billion USDT on July 16 on the Ethereum blockchain. Tether CEO Paolo Ardoino confirmed the mint via a post on X, clarifying that the new mints were an “inventory replenish” on Ethereum. This means the funds serve as inventory for future issuance and blockchain swaps, […]
Block (XYZ -3.84%) was once a high-flying stock. In the five years leading up to their peak in August 2021, shares were up an astonishing 2,430%. Growth was fantastic, and the market was warming up to this innovative financial services business. It’s been a disappointing story since that peak. As of July 14, this fintech […]
Key Takeaways Bitcoin reached a new all-time high of $119,300 ahead of key crypto legislation debates. Upcoming bills in Congress may hugely impact crypto regulation and stablecoin issuance. Share this article Bitcoin advanced to a new record high of $119,300 on Sunday as bullish sentiment mounted ahead of a potentially game-changing week for the crypto […]
Key Takeaways Satoshi Nakamoto’s estimated 1.1 million Bitcoin holdings are currently valued at $129 billion, surpassing Michael Dell’s net worth. Satoshi could become the world’s second-wealthiest person if Bitcoin’s price growth continues at its historical rate. Share this article Satoshi Nakamoto, the elusive founder of Bitcoin, may now be richer than Dell Technologies CEO Michael […]
Ethereum (ETH) reclaimed the $2,700 threshold one day after spot exchange-traded funds (ETFs) listed in the US tracking the asset surpassed $4.5 billion in cumulative net inflows on July 8, according to Farside Investors’ data. As of press time, Ethereum is priced at $2,723.98, up by 4.1% in the past 24 hours. ETH lost the […]
Key Takeaways A trillion-dollar bank has cleared the Bitwise crypto ETF for advisor-managed accounts. The approval signals growing institutional acceptance of regulated crypto investment products. Share this article A global bank with over $1 trillion in assets under management has approved a crypto exchange-traded fund from Bitwise Asset Management for its managed accounts platform, as […]
A second-quarter survey of 18 mainstream news outlets logged 1,116 Bitcoin (BTC) stories and measured sentiment at 31% positive, 41% neutral, and 28% negative, according to Bitcoin analysis firm Perception. The data reveal a significant gap between finance-focused media that cover the market extensively and legacy publications that rarely address it. Sparse coverage Perception counted […]
