Metaplanet, the Tokyo-listed corporate Bitcoin treasury firm, is accelerating its expansion strategy after completing a $1.4 billion international capital raise. The company announced on Sept. 17 that it had established a US subsidiary, Metaplanet Income Corp., to build new revenue streams beyond its core treasury holdings. According to the firm, the new unit will provide […]
The post Metaplanet coming to United States amid $1.4 billion global expansion appeared first on CryptoSlate.
US-listed spot Bitcoin exchange-traded funds (ETFs) have registered a seven-day streak of inflows totaling nearly $2.9 billion, signaling a decisive return of investor confidence after August’s selloff. Data from Coinperps shows that on Sept. 16 alone, Bitcoin ETFs pulled in $292.27 million. That daily gain capped a weeklong surge in activity, with inflows reaching $2.87 […]
The post Bitcoin ETFs attract $2.9 billion in fresh capital during 7-day inflow streak appeared first on CryptoSlate.
A majority of financial institutions and corporations not currently using stablecoins plan to deploy them within the next six to twelve months, according to an EY-Parthenon survey published Sept. 15. The survey of 350 decision-makers revealed that 54% of non-stablecoin users expect to begin implementation by 2026. This represents a potential surge in adoption from […]
The post Majority of institutions with no stablecoin project plan adoption within 12 months appeared first on CryptoSlate.
Digital asset treasuries have come under renewed pressure after a sharp drop in their market net asset values, or mNAVs, raising doubts about their ability to sustain continued crypto purchases, according to Geoffrey Kendrick, head of digital assets research at Standard Chartered. Listed companies that hold digital assets on their balance sheets, known as digital […]
The post Digital treasuries under pressure but Ethereum stands strong – StanChart appeared first on CryptoSlate.
Crypto prediction platform Polymarket has become the subject of a token launch speculation after its parent company Blockratize’s latest filing with the US Securities and Exchange Commission (SEC). In the document, the company disclosed that it had sought to raise $257 million, of which $135 million was sold. The firm still has about $122 million […]
The post Polymarket token launch rumors stoked by SEC filing hinting at token rights appeared first on CryptoSlate.
PayPal has taken a decisive step toward merging conversations with transactions, unveiling a peer-to-peer program that turns messages into payment channels. On Sept. 15, the financial payment giant unveiled PayPal Links, a new service that lets users create a one-time personalized link that can be dropped into text threads, DMs, or emails to send or […]
The post PayPal unveils service turning text messages into crypto-friendly payment links appeared first on CryptoSlate.
Credit Saison, Japan’s third-largest credit card company, said Monday it is creating a new venture fund to back early-stage blockchain firms working in the real-world asset sector, according to local media reports. The vehicle, known as Onigiri Capital, has raised $35 million so far from Credit Saison and other backers and, according to a company […]
The post Japanese TradFi giant Credit Saison launches $50M blockchain fund to bridge US startups with Asia appeared first on CryptoSlate.
Investors have not priced in Ethereum’s (ETH) potential to replace Wall Street’s outdated settlement infrastructure, according to SharpLink CEO Joseph Chalom and EigenLayer founder Sreeram Kannan. During a Sept. 15 Milk Road podcast discussion, Chalom, who previously led BlackRock’s digital asset initiatives, outlined the fundamental friction plaguing traditional finance. Current systems require day-long settlement periods, […]
The post Ethereum positioned to replace Wall Street infrastructure, yet remains undervalued by investors appeared first on CryptoSlate.
Forward Industries (FORD) announced on Sept. 15 that it has acquired and staked more than 6.8 million SOL tokens for its Solana Treasury Strategy. Despite the scale of the acquisition, the impact has yet to show up in FORD’s share price. According to Google Finance data, the stock is down more than 2% to $33.51 […]
The post Forward Industries acquires and stakes 6.8 million Solana tokens appeared first on CryptoSlate.
The Ethereum Foundation is intensifying its efforts to broaden the blockchain’s capabilities and has unveiled a new team focused on decentralized artificial intelligence. This initiative aims to make Ethereum a financial settlement layer and a trusted foundation for intelligent systems and secure digital interactions. AI focus In a Sept. 15 post on X, Davide Crapis, […]
The post Ethereum aims to be settlement layer for AI agents with new decentralized infrastructure plans appeared first on CryptoSlate.
Solana-based memecoin launchpad Pump.fun is riding a wave of renewed adoption, with its native PUMP token climbing to an all-time high. According to CryptoSlate’s data, PUMP surged to $0.0086 on Sept. 14, setting a fresh peak before retreating by nearly 3% to trade around $0.008 at press time. The latest move represents a sharp reversal […]
The post Pumpfun memecoin streams explode as creators pocket record earnings in last week appeared first on CryptoSlate.
The Bitcoin hashrate crossed an important milestone this week, hitting 1 zetahash per second. That’s 1,000,000,000,000,000,000,000 hashes computed every single second. To put it simply: Bitcoin is more secure and powerful than ever. As macro investor and long-time Bitcoin advocate, Dan Tapiero questioned: “How do people still not get it?” Bitcoin hashrate at an all-time […]
The post The Bitcoin hashrate hit 1 zetahash per second; ‘how do people still not get it?’ appeared first on CryptoSlate.
Institutional money, funds, and public companies continue to increase their BTC holdings and currently control 12.3% of all Bitcoin supply. According to Bitcoin analytics platform Ecoinometrics, this figure has dramatically increased over the past 12 months. Institutional money added 5% to their combined holdings in the past year alone, helping propel Bitcoin’s price by over […]
The post Institutions like Strategy and Metaplanet now hold 12.3% of the total Bitcoin supply appeared first on CryptoSlate.
WisdomTree has unveiled a tokenized investment vehicle to bring private credit directly onto blockchain rails. The WisdomTree Private Credit and Alternative Income Digital Fund (CRDT) launched Sept. 12 on Ethereum and Stellar blockchains. It will be available to investors through the company’s Prime and Connect platforms. WisdomTree’s CRDT According to the statement, the fund’s performance […]
The post WisdomTree puts $1 trillion private credit market on Ethereum and Stellar for $25 appeared first on CryptoSlate.
A long-dormant Bitcoin whale has resurfaced, moving funds untouched since 2012. On Sept. 11, blockchain tracker Lookonchain revealed that three connected addresses shifted 137 BTC, worth about $15.6 million, out of a cache of 955 BTC (equivalent to $108 million). According to the firm, a small portion of the funds, 5 BTC, was sent to […]
The post Dormant Bitcoin whale last active at $12 per BTC awakens sending funds to Kraken appeared first on CryptoSlate.
A new collaboration between Chainlink Labs, UBS Asset Management, and DigiFT is aiming to overhaul how investment funds are created and managed. The three firms announced on Sept. 11 that they are building an automated framework for tokenized products under Hong Kong’s Cyberport program. The Cyberport Blockchain & Digital Asset Pilot Subsidy Scheme is a […]
The post Chainlink, UBS, and DigiFT team up to automate tokenized funds in Hong Kong appeared first on CryptoSlate.
AVAX climbed to a seven-month high after reports surfaced that the Avalanche Foundation is pursuing up to $1 billion in funding to launch dedicated treasury companies holding its token. According to CryptoSlate data, AVAX rose nearly 9% in the past 24 hours to reach $29, its strongest price level since February. The token’s performance outpaced […]
The post Avalanche Foundation pushes AVAX price to seven-month high with $1 billion fundraising talks appeared first on CryptoSlate.
Ethena’s synthetic stablecoin, USDe, has climbed to over $13 billion in circulation less than a day after it was listed on Binance. DeFiLlama data shows supply jumped nearly 2% in 24 hours to about $13.2 billion, making it the fastest-growing stablecoin in the past day. This rapid expansion has been ongoing over the past month, […]
The post Ethena’s USDe stablecoin surges to over $13B after Binance listing appeared first on CryptoSlate.
The crypto market lost $60 billion in market capitalization during the two hours following revised employment data, revealing a significantly weaker US labor market than previously reported. The Bureau of Labor Statistics (BLS) announced at 10 AM ET on Sept. 9 that preliminary benchmark revisions showed total nonfarm employment was overstated by 911,000 jobs, representing […]
The post Employment data revision washes $60B from crypto market cap appeared first on CryptoSlate.
Metaplanet upsized its international share offering from 180 million to 385 million shares, raising approximately $1.4 billion to fund additional Bitcoin (BTC) purchases. The company announced on Sept. 9 that it had increased the offering by 205 million shares in response to strong investor demand, pricing the shares at 553 yen ($3.75) each with a […]
The post Metaplanet upsizes share offering to $1.4B to aggressively acquire more Bitcoin appeared first on CryptoSlate.
Bloomberg analyst Eric Balchunas said the first US exchange-traded fund linked directly to Dogecoin will debut Thursday, Sept. 11. In a Sept. 9 update on X, he said Rex-Osprey’s planned DOGE ETF (ticker: DOJE) signals the start of what he described as the “memecoin ETF era.” Balchunas emphasized the fund’s unusual nature, noting that it […]
The post First Dogecoin ETF to launch on Sept 11, Bloomberg analyst says appeared first on CryptoSlate.
Ripple has expanded its European footprint by joining forces with Spanish banking giant BBVA to introduce a digital asset custody service. Announced on Sept. 9, the initiative extends Ripple’s institutional custody platform into Spain, giving BBVA the tools to store and manage cryptocurrencies and tokenized assets securely. BBVA can scale its digital asset offering by […]
The post Ripple partners with BBVA to launch digital asset custody in Spain appeared first on CryptoSlate.
Kazakhstan is moving to establish a state-backed crypto reserve as part of its wider plan to embed digital assets into the national economy. President Kassym-Jomart Tokayev gave the directive this week, saying the initiative reflects the country’s need to adapt its financial system to new technological realities. According to Tokayev, the proposed State Fund for […]
The post Kazakhstan bets big on state-backed crypto reserve to boost digital economy appeared first on CryptoSlate.
Bitcoin’s supply–demand balance narrowed further last week as corporate treasuries captured a dominant share of new issuance. Last week, two publicly traded firms, Strategy and Tokyo-listed Metaplanet, purchased more than $230 million worth of BTC. According to their separate announcements, their combined acquisitions, totaling 2,091 BTC, represented about two-thirds, or 66%, of all coins produced […]
The post Strategy and Metaplanet scooped up 66% of newly mined Bitcoin last week appeared first on CryptoSlate.
BitMine has crossed a new milestone, building its Ethereum reserves to more than 2 million ETH and solidifying its role as the largest corporate holder of the asset. The company announced on Sept. 8 that its balance sheet now exceeds $9.21 billion, split between holdings of 2,069,443 ETH, 192 Bitcoin, and $266 million in cash. These […]
The post BitMine surpasses 2 million Ethereum holdings, invests $20 million in Worldcoin treasury appeared first on CryptoSlate.
El Salvador has added 21 Bitcoin to its national holdings in a symbolic move to celebrate the fourth anniversary of adopting Bitcoin as legal tender. President Nayib Bukele disclosed the purchase in a Sept. 7 post on X, noting that the acquisition coincided with “Bitcoin Day,” when the country formally approved the crypto in 2021. […]
The post El Salvador celebrates Bitcoin milestone with symbolic 21 BTC purchase appeared first on CryptoSlate.
Stablecoins are finally reaching product market fit in the West. While stablecoins have found considerable usage and impact throughout the developing world, the US, UK, and Europe have lagged behind in terms of true market adoption due to unclear regulations and the strength of the existing digital payments infrastructure, especially in Europe and the UK. […]
The post Stablecoins find product-market fit as $250B a day now in sight and Wall Street knows it appeared first on CryptoSlate.
According to recent data by Token Terminal, tokenized real-world assets (RWAs) are already nearing $300 billion, a milestone that was projected to be reached in 2030. An additional report by RedStone Finance found that RWAs on-chain could hit as much as $30 trillion by 2034. While most of the momentum is made up of stablecoins […]
The post Tokenized assets are already nearing $300 billion led by stablecoins appeared first on CryptoSlate.
It may take a minute to get to grips with magic internet money, but once you see the scarcity, durability, and predictability, it somehow all falls into place. From Jamie Dimon to Donald Trump, eventually everyone understands Bitcoin. Eventually everyone understands Bitcoin Anthony Pompliano summed it up best, against an image of some high-profile personalities, […]
The post From Jamie Dimon to Donald Trump: Why everyone eventually understands Bitcoin appeared first on CryptoSlate.
Bitcoin (BTC) treasury companies reached a record holding of 840,000 BTC in August, but underlying data reveal weakening institutional demand. According to a Sept. 5 report by CryptoQuant, purchase volumes and transaction sizes plummeted to multi-year lows. Strategy led corporate Bitcoin accumulation with 637,000 BTC, representing 76% of total treasury holdings. At the same time, […]
The post Bitcoin treasury companies’ purchase volumes slump despite record transaction count appeared first on CryptoSlate.