Jane Street Capital has accumulated substantial Coinbase stock. According to financial intelligence site Fintel, Jane Street owned 5.3% of Coinbase’s outstanding shares in February. COIN was valued at $140.86 at the time of the company’s 13G filing on Feb. 9, placing the value of its holdings at $1.4 billion. At a current share price of […]
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Bitcoin price is outperforming Tesla stock for the first time since 2019, though the EV giant still maintains a sizeable BTC stash.
With the new divisions, Tether aims to expand its mission to provide a range of new infrastructure solutions, investments and services.
Digital asset investment products experienced a notable setback, with outflows reaching $126 million last week, according to CoinShares’ latest weekly report. Bitcoin’s outflow accounted for a significant portion, representing 87% of the total net flow for the week. CoinShares Head of Research James Butterfill attributed this trend to investors’ cautious stance following the end of […]
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“Bitcoin now has a place at the table alongside gold, farmland and other alternative assets”— something unthinkable five years ago.
Permissionless Capital, a web3 platform for startups, has announced the launch of its Permissionless Opportunities Event, inviting web3 startups to apply for a chance to secure resources and support to bring their products to market, as reported by the company. The program aims to provide eligible web3 startups access to tools, funds, and connections to […]
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U.S. regulators have yet again injected uncertainty into the crypto markets by assessing whether Ethereum is a security. What are the effects for crypto investors?
Metaplanet, a Tokyo Stock Exchange-listed company, announced on April 8 that it has embraced Bitcoin as a core treasury asset. In an April 8 statement on social media platform X (formerly Twitter), Metaplanet said it was allocating ¥1 billion, approximately $6.56 million, to the flagship digital asset as part of its groundbreaking shift in its […]
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Pantera Capital’s Liquid Token Fund reduced exposure to Bitcoin and Ether in the first quarter of 2024 while increasing allocations to DeFi tokens.
The exchange has petitioned the Securities and Exchange Commission to approve a broad multi-share class structure.
BlackRock’s new additions include ABN AMRO, Citadel Securities, Citigroup Global Markets, Goldman Sachs and UBS Securities.
Ellipsis Labs will use the new funding to accelerate the progress of DeFi up and down the stack.
Crypto venture capital (VC) investments increased in the first quarter of 2024, according to a survey published by Crypto Koryo on April 4. The analyst measured growth across two distinct metrics. VCs invested nearly $2 billion in crypto projects, marking an increase of 38% from Q4 2023. VCs also invested in 250 crypto projects, representing […]
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Many expect the commission to reach a final decision on spot Ether ETFs in May with approval or denial of a filing from VanEck.
This edition of Cointelegraph’s VC Roundup highlights Borderless Capital’s recent acquisition, along with new funding raises by Keyring Network, Morph, Rails, BOB, FLock and Race.
A growing number of charities and nonprofits are embracing cryptocurrency.
ARK Invest started dumping large amounts of Robinhood stock for the first time after aggressively buying HOOD shares last year.
Gary Gensler implied many market participants preferred to “whittle away at the SEC’s disclosure regime” rather than register, despite criticism that the requirements were unclear.
Cathie Wood’s ARK Invest continues taking profits from its Coinbase stash as the stock is hitting multiyear highs.
Pellegrino asserted that 3AC was financially unstable when proposing the arrangement to LayerZero and criticized Davies for misleading and taking advantage of associates and partners.
Thanks to the quadrennial halving, the supply of Bitcoin is a constant, reliable and predictable side of the equation. The demand side has now really started to come into play.
Liquid restaking platform EtherFi’s ETHFI token has faced considerable struggles since its airdrop, partly due to one of its early investors selling their airdropped tokens. Blockchain analytical firm Nansen reported how Arrington XRP Capital, one of EtherFi’s investors, allegedly may have gamed EtherFi’s airdrop process for personal profit. Arrington ‘sybils’ EtherFi Nansen’s findings reveal that Arrington […]
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The world’s largest asset manager has taken “the next step forward” toward a single ledger, instantaneous settlement and ending illicit activities, in the view of CEO Larry Fink.
Bitcoin Lightning Network liquidity provider LQWD Technologies has partnered with Amboss Technologies to establish further institutional liquidity on Lightning. The collaboration positions LQWD to contribute liquidity to Amboss’s marketplace, enabling the fulfillment of market demand for Lightning Network liquidity while generating a yield on LQWD’s Bitcoin holdings. Amboss, a provider of data analytics solutions and […]
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Libre, the institutional Web3 infrastructure platform, has officially launched on-chain, enabling the tokenization of alternative assets following its successful cross-chain transaction on Polygon, according to a March 19 statement shared with CyptoSlate. Libre is a collaborative effort between WebN, a web3 incubator hub, and Japan-based investment bank Nomura’s digital asset subsidiary, Laser Digital. Earlier in the […]
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MicroStrategy keeps aggressively buying Bitcoin while completing another $603.75 million offering of convertible notes.
Japan's state pension fund, GPIF, is seeking information about bitcoin as part of a broader strategy initiated in response to significant economic and societal changes and technological advancements.
Japan’s Government Pension Investment Fund, the largest pension fund in the world, is willing to learn more about Bitcoin as a potential diversification tool.
MicroStrategy could raise as much as $600 million from its latest convertible debt offering to purchase more Bitcoin. However, JPMorgan analysts have reportedly cautioned that the firm’s reliance on debt to purchase Bitcoin could exacerbate a market downturn. The firm, led by BTC advocate Michael Saylor, has acquired over 15,000 BTC worth nearly $1 billion […]
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Bitcoin enthusiasts have suggested the Qatar Investment Authority is considering adding Bitcoin to its portfolio, but the odds of a multibillion-dollar purchase are low.