Bitcoin exchange-traded funds staged a solid recovery last week with $260 million in inflows after two consecutive weeks of outflows, but still fell short of Ethereum fund’s $268 million performance as digital asset products posted $572 million in combined weekly flows. The inflows came in after weathering significant early-week turbulence that saw $1 billion flow
Crypto exchange Bullish has raised the size of its initial public offering to $990 million from $629 million, as the company looks to take advantage of a hot market for crypto firms. CoinDesk is a subsidiary of Bullish. According to a filing with the Securities and Exchange Commission on Monday, Bullish is aiming to sell
ALT5 Sigma Corporation, a Nasdaq-listed fintech that operates crypto trading and payment platforms, plans to raise about $1.5 billion through a stock offering and a WLFI token-funded private placement. The move would place a large portion of World Liberty Financial’s WLFI tokens on ALT5’s balance sheet and bring several of the stablecoin issuer’s executives, including
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors sell off after big overnight pump; BTC at $120,500 ETH soars to $4,350 in big weekend run; Punks
Tesla Inc. (TSLA) turned to the biggest holding of Cathie Wood’s flagship ARK Innovation ETF (ARKK). However, Roku Inc. and Coinbase Global Inc. also made it to the top 3 holdings of the ETF, suggesting a solid upward trajectory for these companies. This comes in when ARKK recorded its biggest single-day cash injection ever of
South Korean retail investors are on the hunt for exciting ways to grow their money. According to Bloomberg, one name keeps popping up: BitMine. This company, which mines Bitcoin, has quickly become the top foreign stock choice for many everyday investors in South Korea. Why Is BitMine So Popular? BitMine’s business is pretty simple —
Cryptocurrency investment products posted gains last week, rebounding after the prior week ended a record 15-week inflow streak totaling $27.8 billion. Global crypto exchange-traded products (ETPs) saw $572 million of inflows during the trading week ending last Friday, the European crypto asset manager CoinShares reported on Monday. The new inflows came amid Bitcoin (BTC) and
Video-sharing platform Rumble is considering an all-stock acquisition of Tether-backed AI and data center operator Northern Data. Summary Northern Data shareholders would receive 2.319 newly issued Class A Rumble shares for each share they tender. The company owns five data center sites with potential energized capacity of nearly 850 MW, including a 180 MW facility
In the fast-paced world of cryptocurrency, even the most seasoned traders face volatility. Recently, a prominent Hyperliquid whale known as AguilaTrades experienced a notable event, highlighting the intense nature of high-stakes digital asset trading. This incident involved a substantial ETH short position, which led to a considerable setback, yet the larger narrative reveals a different
Recent online buzz created significant speculation regarding a potential new digital asset. The whispers suggested a groundbreaking partnership to launch the world’s first rare earth RMB stablecoin. However, Ant Group, a prominent affiliate of Chinese tech giant Alibaba Group, has now stepped forward with a crucial denial. This official statement aims to clarify the situation