Coinbase Global Inc. shares closed at the highest level ever last Thursday when the stock climbed 5.5% to $375.07, surpassing the prior peak of $357.39 from November 2021. After tumbling to a record low in late 2022 amid the collapse…
Trump Crypto Project Receives $100 Million From UAE Fund
The United Arab Emirates-based fund Aqua1 announced the acquisition of $100 million worth of World Liberty Financial (WLFI) tokens, marking another significant chapter in president trump’s expanding footprint across global crypto markets. This strategic purchase comes just one day after…
Galaxy secures $175 million for its inaugural venture fund
Founded in 2018 by Mike Novogratz, Galaxy set out to bridge the gap between traditional finance and the burgeoning crypto sector. Over the past seven years, Galaxy has deployed its own balance sheet capital to back digital asset startups, positioning…
Coinbase climbs 38% on US stablecoin bill and MiCA approval
Shares of Coinbase hit their highest level in a year this week, reflecting growing regulatory clarity both in the United States and abroad. Since June 18, the stock of the leading U.S. crypto exchange has climbed 38%, driven by the…
Tether adjusts to new audit rules under $156 Billion law
Congress is poised to integrate stablecoins into mainstream finance through the Genius Act, drawing interest from banks, startups and retailers such as Walmart. Signed by President Trump after reconciling Senate and House versions, the bill imposes strict oversight on digital…
Crypto market rises after Trump confirms Israel Iran truce?
The recent announcement of a ceasefire between Israel and Iran triggered a notable rebound in the crypto market, reversing the downturn that had gripped digital assets over the weekend. Following the U.S.-brokered pause in hostilities, Bitcoin climbed from $104,000 to…
Mastercard enters USDG stablecoin network with 3 tokens
Mastercard isn’t standing on the sidelines as cryptocurrencies gain momentum. On Tuesday, the payments giant announced its entry into the Global Dollar Network, a stablecoin consortium launched in November 2024 by Paxos and six other partners. This move enables the…
Anthony Pompliano to guide $1B Bitcoin fund via SPAC merger?
In a landmark move for Bitcoin-centric finance, Crypto investor Anthony Pompliano has announced that his financial services venture, ProCap BTC, will go public through a merger with Columbus Circle Capital Corp. I, a SPAC linked to Cohen & Company Inc.…
Strategy buys 245 Bitcoin for $26M amid geopolitical drop
Michael Saylor’s Strategy continued its disciplined accumulation last week, purchasing 245 Bitcoin for $26 million despite a market dip driven by escalating geopolitical concerns. This move follows the firm’s long-term conviction in Bitcoin’s potential, underpinned by a forecast that BTC…
Blueprint raises $9.5 million funding from Polychain Capital
In traditional finance, depositing funds into a savings account often yields a predictable interest return with minimal effort. In contrast, crypto holders face a complex process to generate returns on their digital assets. They must navigate decentralized lending platforms, manage…