WebN Group, the blockchain and Web3 incubator backed by billionaire Alan Howard, is closing its doors after seeding a clutch of digital infrastructure startups over the past several years, according to a person familiar with the matter. Most recently, the venture studio backed tokenization specialist Libre (now called KAIO), crypto staking shop Twinstake, blockchain infrastructure
Cryptocurrency exchange Bitfinex stated in its weekly market report that selling pressure on Bitcoin continues and that markets remain cautious about downside risks. According to the report, the increasing amount of BTC deposited into exchanges, particularly by large investors, is strengthening selling pressure. Data reveals that large wallets account for 64% of total inflows to
Bitcoin is trading at $65,419, wedged between fading macro momentum and a short-term squeeze attempt that refuses to quit. The charts are aligned in classic relief-rally fashion — and the technicals are serving tension with a side of volatility. Bitcoin Chart Outlook Bitcoin’s daily chart paints the broader structure in unmistakable strokes. Bitcoin has declined
Crypto exchange-traded product (ETP) provider 21Shares has launched an investment product giving European investors access to a preferred stock issued by Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin. The asset manager will list its 21Shares Strategy Yield ETP under the ticker “STRC NA” on Euronext Amsterdam on Thursday, the company said Wednesday.
When bitcoin ($BTC) was above $84,000, Strategy (formerly MicroStrategy) founder Michael Saylor said, “sell a kidney if you must, but keep the bitcoin.” Yesterday, $BTC hit $63,000. Since his February 27, 2025 advice, $BTC has crashed by $19,000, and his company has lost $20 billion in market capitalization. Strategy’s February 2025 holdings (499,096 $BTC) have
The chance of Bitcoin reaching $1,000,000 is higher than the chance of it dropping to $0, according to Austin Arnold, founder of Altcoin Daily. The statement comes as Bitcoin now trades at $66,700, down 48% from its all-time high. Some bearish commentators, like Peter Schiff and Mike McGlone of Bloomberg, have predicted a drop to
Real World Assets (RWAs) have reached a major milestone. Data from DefiLlama shows that the active market cap of RWAs has surpassed $15 billion for the first time. This figure reflects assets actively circulating in wallets and smart contracts rather than tokens that issuers hold or lock, highlighting genuine participation and on-chain engagement. The achievement
Banco Braza, one of Brazil’s major foreign exchange banks, has launched a new Brazilian Real-backed stablecoin called $BBRL on the Polygon blockchain. The token is fully backed 1:1 by the Brazilian Real and is designed to support faster and cheaper digital payments. With this move, Brazil takes another step toward linking traditional banking with blockchain