Sharplink buys stock if its net asset value dips below 1, an indication that SBET is "undervalued" relative to its massive ETH holdings.
Proposed SEC generic listing standards for crypto ETPs could "blow the market wide open," according to Bitwise CIO Matt Hougan.
MoonPay said that the deal supports its goal of building an international crypto payments network under a unified regulatory framework.
SC Ventures aims to launch the fund next year with backing from Middle Eastern investors, Bloomberg reported.
PayPal is introducing a new peer-to-peer feature that will allow for tax-exempt payments for certain types of transactions.
The fund has secured $35 million from Credit Saison and outside investors and can take in an additional $15 million, a spokesperson said.
Standard Chartered said digital asset treasury (DAT) flows will be a stronger price driver for Ethereum than for Bitcoin or Solana.
Weaker-than-expected U.S. data helped sentiment recover amid the increased likelihood of rate cuts, Head of Research James Butterfill noted.
Galaxy Digital has also been moving millions of SOL to other addresses, mainly to custody wallets on Fireblocks.
Galaxy CEO Mike Novogratz recently said 'Solana Season' is coming, citing momentum from corporate accumulation and regulatory developments.
The world’s largest asset manager is reportedly looking into bringing its highly successful exchange-traded funds onchain.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Hong Kong Monetary Authority has proposed softer capital requirements for banks holding certain crypto assets, Caixin reported.
The JPMorgan analysts warned that other index providers may also reconsider their inclusion of Strategy and similar crypto treasury firms.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Binance is partnering with Franklin Templeton to build tokenized products that merge Wall Street and global crypto trading.
Scaled for size, a relatively small amount of flows into Solana could significantly impact prices in the months ahead, Matt Hougan said.
David Bailey's Nakamoto said it has committed up to $30 million to participate in Metaplanet's global equity offering.
The crypto asset manager is looking to convert its single asset Bitcoin Cash, Hedera, and Litecoin trusts into exchange-traded funds.
Alt5 Sigma has seemingly reduced Eric Trump’s role in the organization from board member to observer following a conversation with Nasdaq.
The move supports BBVA's crypto trading and custody service for BTC and ETH, which was recently made available to retail customers in Spain.
BitMine is the largest public holder of Ethereum, with approximately 1.78 million ETH, leading the growing trend of ETH treasuries.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Weaker payroll figures and improving U.S. rate cut prospects failed to bolster sentiment, Head of Research James Butterfill said.
The deal values CoinShares at $1.2 billion pre-money, positioning it as one of the largest publicly traded digital asset managers.
Grayscale, which already manages spot Bitcoin and Ethereum ETFs, has also filed to launch Avalanche, Dogecoin, Litecoin, Solana, and XRP ETFs.
Forward Industries, Inc. announced a $1.65 billion private investment in a PIPE offering led by Galaxy Digital, Jump Crypto, and Multicoin Capital to start a Solana digital asset treasury strategy.
The latest purchase raised its total holdings to 20,136 BTC, making it the sixth-largest publicly traded corporate bitcoin holder worldwide.
The round, structured as a Simple Agreement for Future Equity (SAFE), closed in August, valuing Wildcat Labs at $35 million post-money.
The Taiwan-based VC firm said it has secured $200 million in initial commitments from regional partners and investors.