The second quarter of 2025 saw Kraken navigate a challenging backdrop of macro uncertainty and shifting market dynamics while delivering solid progress across its core metrics. Revenues slipped 13% from $478 million in Q1 to $412 million, reflecting seasonal headwinds and US…
SEC 2 New Rules Bring Crypto ETFs Closer to Mainstream
Since February 25, 2025, the US regulatory landscape for digital assets has shifted. The SEC cleared two key measures that streamline crypto fund operations and deepen market liquidity. For the first time, spot Bitcoin and Ether ETPs can use in‑kind…
Tom Lee Ethereum BitMine approves $1 billion stock buyback
Under the guidance of Tom Lee, BitMine Immersion Technologies has approved an open-ended stock repurchase program of up to $1 billion. The plan supports the company’s shift toward increasing its Ethereum holdings. Through periodic buybacks of common shares, BitMine intends to…
PayPal to let merchants accept 100 crypto tokens at checkout
In the coming weeks, PayPal will allow merchants to accept more than one hundred cryptocurrencies at checkout. Buyers can pay with tokens like Bitcoin, Ethereum, USDT and USDC from wallets such as Coinbase, MetaMask or Exodus, while PayPal converts each…
Tyler Winklevoss Says JPMorgan Paused Gemini After 1 Post
Gemini co-founder Tyler Winklevoss recently asserted that JPMorgan Chase has suspended the crypto exchange’s re-onboarding process in direct response to his public criticism of the bank’s new policy on charging for customer data access. This action follows a series of…
SharpLink Names BlackRock ETF Leader to 2nd Co CEO Role
In a significant shift for digital asset management, Joseph Chalom’s appointment as co-CEO of SharpLink Gaming marks a new era in institutional Ethereum exposure. After two decades at BlackRock, where he spearheaded the launch of Bitcoin and Ethereum ETFs and…
Tim Draper raises $200 million for eighth venture fund launch
The venture capital landscape witnessed a significant milestone in 2025 as Draper Associates, under the leadership of Tim Draper, announced the successful close of its eighth fund at $200 million. This raise marks a continuation of Draper’s 40-year journey in pioneering…
Strategy Issues $500 Million Preferred Shares for Bitcoin Buy
Strategy, the company formerly known as MicroStrategy, has unveiled a bold plan to raise up to $500 million by issuing a new perpetual preferred stock named Strife. Priced at $100 per share, Strife promises a fixed 10% annual dividend payable exclusively…
Trump Media treasury holds 2 Billion Bitcoin in Reserve
The parent company of Truth Social has significantly expanded its cryptocurrency holdings. As of Monday, Trump Media & Technology Group reports roughly $2 billion in combined direct Bitcoin and Bitcoin-linked securities. This development follows an earlier Financial Times report suggesting a…
Pump.fun raised $600 million in 12 minutes signals ICO return
Eye-watering figures have returned to the crypto fundraising world with a striking demonstration of speed and scale. In just 12 minutes, Pump.fun amassed $600 million from a public token sale open to retail investors outside the U.S., U.K., and sanctioned regions.…