The company will use a combination of American depositary shares, warrants and convertible debentures to raise the funds.
BlackRock’s IBIT Spot Bitcoin ETF has officially crossed 700,000 BTC in assets under management, valued at approximately $76 billion as of July 17. The milestone comes just 18 months after the fund’s launch in January 2024, marking a rapid accumulation pace that has drawn industry-wide attention. Bloomberg Senior ETF Analyst Eric Balchunas highlighted the achievement […]
The post BlackRock’s IBIT Bitcoin ETF could surpass Satoshi Nakamoto’s holdings by May 2026 appeared first on CryptoSlate.
Truth Social has filed to launch a crypto ETF tracking BTC, ETH, SOL, CRO and XRP, aiming to list on NYSE Arca after regulatory approval.
Much like Bitcoin eliminates reliance on centralized intermediaries in finance, Bitchat would removes central authorities from digital communication.
SoFi joins major finance players Robinhood and Republic in offering retail investors exposure to private companies.
Rally's CEO Chris Maddern will become OpenSea's CTO as a part of the acquisition.
ATOM holders will be feeling assured after Cosmos' token held firm above the $4.00 level of support.
The deal highlights the growing adoption of crowdsourced geospatial data as autonomous ride-sharing firms look for more precise, up-to-date mapping infrastructure.
Ripple shareholder Linqto has filed for bankruptcy following months of controversy around securities laws violations, with the first hearing expected on Tuesday.
Cardano's blockchain tool could revolutionize audit compliance, boosting transparency and trust across various sectors and enhancing ESG efforts.
The post Cardano Foundation unveils blockchain-based tool to simplify audit compliance and enhance financial reporting appeared first on Crypto Briefing.
Truth Social, the media platform affiliated with US President Donald Trump, has submitted a new application to the US Securities and Exchange Commission (SEC) for a spot crypto exchange-traded fund (ETF). The proposed vehicle, titled the Truth Social Crypto Blue Chip ETF, aims to provide direct exposure to a basket of leading digital assets, including […]
The post Truth Social files for ETF holding BTC, ETH, SOL, XRP and CRO appeared first on CryptoSlate.
Strike’s Founder talks to CoinDesk TV about founding Twenty One with Tether and SoftBank and why he sees bitcoin as “moral imperative” as much as a financial instrument.
The company introduced a new metric, ETH Concentration, that measures the number of ETH held per 1,000 diluted shares outstanding.
Huione-linked wallets moved nearly $1 billion in USDT to CEXs since FinCEN imposed restrictions on US financial institutions interacting with the group.
The new Truth Social Crypto Blue Chip ETF would allocate 85% to bitcoin and ether, with solana, XRP and cronos rounding out the portfolio.
Ripple-SEC lawsuit could be nearing a breakthrough. The SEC is set to hold a closed-door meeting on July 10, where commissioners are expected to vote on whether to drop the appeal in the Ripple lawsuit. If the appeal is withdrawn, it could mark a major victory for Ripple and trigger a bullish breakout for XRP. …
XRP is showing mixed signals across timeframes, leaving traders on edge as the price approaches the key $2.35 level. While a recent breakout from a falling wedge on the 3-day chart suggests a bullish reversal, the 4-hour chart reveals signs of slowing momentum and a possible rising wedge. With buyers and sellers locked in a battle, $2.35 could be the tipping point that decides whether XRP surges higher or slips into a near-term correction. XRP Breaks Out Of Falling Wedge On 3-Day Chart In an X post, LSplayQ highlighted a key technical development on the XRP 3-day price chart, pointing to a breakout from a falling wedge pattern. This type of pattern is commonly associated with bullish reversals, signaling that market sentiment may be shifting in favor of the bulls. Related Reading: XRP Silent Accumulation: A Falling Wedge On The Verge Of Explosion Following the breakout, XRP is currently trading around $2.26, and according to LSplayQ, the move suggests that buyers are stepping back in to reclaim control. The price action marks a significant shift after an extended period of downward compression within the wedge. If the bullish momentum continues, LSplayQ notes that XRP could target a breakout level near $2.72, which represents an upside potential of roughly 20% from the current price. That said, LSplayQ also warns of the risk of a pullback if XRP fails to hold above the wedge breakout level. In such a scenario, the price could retest the $2.10 zone as a potential support. Overall, the technical outlook leans bullish, as long as XRP maintains its position above the breakout level. Rising Wedge Pattern Signals Caution Ahead In a post on X, The Crypto Bushman pointed out that XRP is pushing higher on the 4-hour chart, but warned that seasoned traders are keeping a close eye on what lies beneath the surface. Related Reading: XRP Price Pops and Drops — Can Bulls Regain Control? According to the analyst, the price is currently trading above both the 20- and 50-day EMAs, which typically signals short-term strength. However, the overall structure appears to be forming a rising wedge, a pattern often linked to potential reversals. At the same time, momentum is beginning to fade, with the MACD flattening and volume tapering off, which Bushman describes as classic signs of a potential trap move. The Crypto Bushman emphasized that a failure to break cleanly above $2.35 could lead to the setup rolling over. In that case, the $2.25 zone becomes a critical level to watch for a possible breakdown and shift in sentiment. On the flip side, a strong breakout backed by volume could fuel another leg up toward $2.50 if buying pressure returns decisively. Featured image from Getty Images, chart from Tradingview.com
The firm's analysts expect shareholder approval for the transaction, with no indication of delays to the closing timeline.
Robinhood’s EU tokenized equity launch draws a wave of private company interest and regulatory scrutiny.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Phantom's launch allows users to trade perps directly within the popular web3 wallet, powered by Hyperliquid's API.
Trump Media Group, the company behind Truth Social, has filed for its first crypto exchange-traded fund (ETF). The plan is to bring top digital coins like Bitcoin, Ethereum, Solana, Cronos, and Ripple under one “blue chip” fund for everyday investors. But what does this new ETF offer, and how might it change the game? A …
Metaplanet, the Japanese Bitcoin treasury firm, has revealed a bold strategy to convert its growing Bitcoin reserves into capital for acquiring profitable businesses. According to a July 8 Financial Times report, Metaplanet CEO Simon Gerovich said the company is preparing for a second phase where it can use Bitcoin as collateral to access bank financing. […]
The post Metaplanet wants to use Bitcoin as collateral to access bank financing appeared first on CryptoSlate.
The firm plans to lead Series A rounds in companies building on Bitcoin with initial checks ranging from $3 million to $8 million.
Aave (AAVE) joined Uniswap (UNI) as a top performer, rising 2.5% from Monday.
The newly-created firm led by former Hut 8 CEO Jamie Leverton plans to hold a basket of cryptos, including bitcoin, ether and solana.
Pakistan has established the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee and regulate the country’s crypto sector.
Jeremie Davinci, a Bitcoin OG and well-known YouTuber who struck gold by buying BTC in its early days, has come up with a simple, achievable strategy that can help Bitcoin holders win big. Davinci took to X and revealed a disciplined approach that could unlock success for anyone navigating the volatile world of cryptocurrency. Let …
The recent DOGE price chart shows a slow but steady recovery, mirroring the upward trend seen in other top altcoins in early July. Over the past 7-days, DOGE crypto has gained roughly 8%, but an impressive 18% rise over the last 15 days. Currently, it is approaching the upper border of a declining pattern, and …
Market concerns about fiscal policy and upcoming elections may be contributing to the rise in bond yields.