Where Money, Investing, and Technology Meet
Conor Grogan, Head of Product at Coinbase, believes that there is a “small possibility” that the transfer of $8.6 billion worth of Bitcoin (BTC) on July 4 was a hack. Calling his claim “extreme speculation” in an X post on Friday, Grogan said he found the transaction movements to be “extremely odd.” He added: “If […]
Key Takeaways A dormant Bitcoin whale moved 60,000 BTC after over 14 years of inactivity. The whale retains 20,000 BTC and no transferred funds have been sent to known crypto exchanges. Share this article A Bitcoin whale activated today and transferred 60,000 BTC, worth around $6.5 billion, from six addresses that had been untouched for […]
BlackRock’s spot Bitcoin exchange-traded fund IBIT has become the asset manager’s third-highest revenue-generating ETF just 18 months after its launch, according to data shared by Bloomberg senior ETF analyst Eric Balchunas. Strategy Chairman Michael Saylor responded to the milestone by predicting that IBIT will soon become BlackRock’s number one revenue-generating ETF. The IBIT fund has […]
Decentralized exchanges (DEX) processed roughly $385 billion of spot trades in June, equal to almost 30% of the turnover recorded by centralized venues, according to DefiLlama and The Block data. The 30-day DEX figure represents a 12% decline from May, but centralized exchange (CEX) spot volume contracted nearly 30% in the same period. Notably, this […]
The following is a guest post and opinion from Adrian Brinkn, Co-Founder of Anoma and Namada. Decentralization is the most misunderstood word in the blockchain industry. It’s become a dogma, a checkbox, and a marketing slogan. But decentralization is not the prize; it’s just a tool. The real goal is not decentralization; it’s sovereignty—the practical […]
A reader asks: How do young people get rich besides crypto? Young people becoming fabulously wealthy is still a relatively new phenomenon. Jerry Seinfeld once said, “The eighties was the first time that young guys could make a lot of money fast. Never existed before. Rich guys were Aristotle Onassis, Andrew Carnegie, shipping, iron. You […]
Key Takeaways The US housing finance regulator wants Fannie Mae and Freddie Mac to draft plans that treat crypto as part of a borrower’s assets for mortgage review. Crypto holdings can be counted directly in mortgage underwriting if the proposals are approved. Share this article The US Federal Housing Finance Agency (FHFA) has directed mortgage […]
Key Takeaways Metaplanet raised $517 million in a single day to acquire more Bitcoin. The firm’s strategy mirrors Strategy’s corporate investment in Bitcoin as a treasury asset. Share this article Japanese investment firm Metaplanet announced Wednesday that it had raised $517 million to purchase additional Bitcoin, following a corporate strategy similar to Strategy’s approach to […]
Key Takeaways Purpose Investments has debuted Canada’s first XRP spot ETF on the Toronto Stock Exchange. The ETF trades under the ticker XRPP and provides direct exposure to XRP with multiple currency options. Share this article Purpose Investments, Canada’s leading crypto ETF provider, has officially launched the Purpose XRP ETF on the Toronto Stock Exchange. […]
Key Takeaways Hong Kong-based food group DDC Enterprise Limited aims to raise $528 million to expand its Bitcoin holdings. The funding includes contributions from Anson Funds, Animoca Brands, Kenetic Capital, and QCP Capital. Share this article DDC Enterprise, also known as DayDayCook, a publicly traded consumer brand focused on wellness-driven meal solutions, said Tuesday it […]
