Galaxy Digital, Multicoin Capital and Jump Crypto are in talks with potential backers to raise roughly $1 billion to accumulate Solana by creating a digital asset treasury company that would take over an unidentified publicly traded entity. Cantor Fitzgerald LP…
Ethereum nears record as Fed chair notes balance of risks
Friday’s session turned on a single signal from Jackson Hole. When Jerome Powell suggested September rate cuts may be considered, markets moved in sync. Ethereum rose about 13% to more than $4,814, a whisker from its November 2021 record near…
Bitcoin dips before Fed talk at Jackson Hole after 7 days
Traders are lining up for Friday’s remarks from Jerome Powell in Jackson Hole, Wyo., and the mood is cautious. Over the past 24 hours, Bitcoin has eased by about 1%, extending a weeklong slide of almost 5% to roughly $112,000…
Western Union buys ripple partner intermex for $500 million
Western Union is acquiring Intermex for $500 million in cash at $16.00 per share, roughly a 50% premium, with closing targeted by mid-2026 pending approvals. The deal brings Intermex’s live use of Ripple’s On-Demand Liquidity (adopted in early 2020) under…
Winklevoss donate $21 million in Bitcoin to pro Trump PAC
The Winklevoss donation that moved more than 188 BTC — about $21 million at the time — set a clear policy marker. In a Wednesday post on X, Tyler said the Bitcoin went to the Digital Freedom Fund PAC to…
SkyBridge Capital to tokenize $300 million on Avalanche
The move to bring traditional assets on chain is progressing. SkyBridge Capital will place roughly $300 million from two funds into tokenized formats, allocating about 10% of its assets under management to blockchain-based representations. The plan targets a 2026–2027 window…
Trump 29-year-old Bo Hines weighs 50 crypto job offers
Bo Hines, age 29, ended a senior White House stint after almost seven months working on federal digital-asset policy under trump. In a Times Square hotel during a day of interviews and meetings, he said he had received more than…
Michael Saylor outlines $100 billion Bitcoin credit plan path
Strategy Inc., formerly MicroStrategy, is changing its capital structure by moving from common stock sales and convertible bonds to perpetual preferred stock. Michael Saylor has supported continued Bitcoin accumulation and used equity and convertibles to build about 75 billion dollars…
Bitcoin peaks at $124100 then dips 5% after inflation data
Bitcoin hit a new high near $124,100 on Wednesday, then fell about 5% below $118,000 after a 0.9% July PPI jump, the largest since June 2022. CPI stood at 2.7%, lifting talk of a September rate cut. Ethereum traded near…
Former Goldman Sachs exec joins crypto firm from Meta team
Another senior hire signals a tighter link between traditional finance and public blockchains. Mustafa Al Niama, formerly the head of the Americas digital assets desk at Goldman Sachs, is joining Mysten Labs as head of capital markets to lead outreach…