Tether, the company behind the world’s largest stablecoin USDT USDT$0.9992, said Thursday it has invested in Parfin, a Latin American crypto firm that builds digital asset infrastructure for institutions. The firm said the deal will help scale tools for banks and institutions to move more of their operations onto blockchain rails, a shift Tether sees
Cipher Mining (CIFR) announced a new 10 year HPC hosting agreement with Fluidstack that adds 56 MW of additional capacity at its Barber Lake site in Texas. The deal secures about $830 million in contracted revenue over the initial term and expands Fluidstack’s lease to the full 300 MW available at the site. With two
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2954.76, up 4.4% (+123.58) since 4 p.m. ET on Wednesday. All 20 assets are trading higher. Leaders: APT (+10.0%) and POL (+7.9%). Laggards: LTC (+2.6%) and BTC (+3.2%). The
Spot Bitcoin ETFs in the US have returned to net inflow territory after five days of uninterrupted outflows. According to SoSoValue data, the funds recorded a total net inflow of $75.47 million on Wednesday. Spot Bitcoin ETFs End Five-Day Outstrip BlackRock’s IBIT fund saw the largest inflow with $60.61 million, followed by Grayscale Mini Bitcoin
For years, crypto has tried to break into the music industry. 3LAU’s Royal, Sound.xyz, and Stage have showcased how blockchain could give fans new ways to support artists, collect digital music, and participate in cultural moments. But despite the early excitement, none of these platforms has managed to reshape the industry’s core infrastructure or reach
The longer-than-expected US federal government shutdown has led to the cancellation of the October employment report, a key indicator for interest rate decisions. It was also announced that the November employment report, previously scheduled for December 5th, will now be released on December 16th. The Bureau of Labor Statistics (BLS), part of the U.S. Department
The labor market strengthened more than expected in September as the government begins to again release official economic data following a deal to end the shutdown. Nonfarm payrolls increased by 119,000 in September, according to a Bureau of Labor Statistics report released Thursday morning. Economists had expected a gain of 50,000 while the August reading
B. Riley cut its outlook for digital-asset treasury companies (Datcos) after a sell-off that outpaced the declines in bitcoin BTC$91,780.32, ether ETH$3,016.25 and solana SOL$141.55 themselves. The companies’ valuations have compressed meaningfully since October, dragged down by macro pressures that have slowed token accumulation, the report said. Bitcoin-focused treasury companies are down roughly 37%, ETH
Have you heard the groundbreaking news? Polymarket funding is making waves in the crypto space with an astonishing $12 billion valuation target. This decentralized prediction market platform is capturing investor attention like never before, signaling a major shift in how we think about forecasting and market intelligence. What Makes Polymarket Funding So Significant? The recent
Owen Gunden, one of the richest early Bitcoin holders, has sold his entire Bitcoin position as retail investors flee the market and institutions continue increasing their share of spot Bitcoin exchange-traded funds. The wallet tagged as Owen Gunden by blockchain data platform Arkham transferred his last 2,499 Bitcoin (BTC) worth $228 million to cryptocurrency exchange