Somehow, Ripple managed to lose investors’ money on the first trading day of its new digital asset treasury (DAT), Armada Acquisition Corp II (AACI). It immediately flatlined, closing negative for the day and failing to break a multi-month losing streak in XRP stocks. At 8am yesterday, New York time, Ripple was mentioned in a glowing
Luxxfolio is a public company with a unique approach to the digital asset space. Instead of just speculating on cryptocurrencies, they’ve built their foundation around Litecoin—one of the oldest cryptocurrencies—and have grown into a broader digital asset enterprise. Their goal is to bridge traditional finance with blockchain innovation by combining transparency, discipline, and real operational
Grayscale Investments has launched a Grayscale Decentralized AI Fund, creating a new pathway for accredited investors seeking exposure to the intersection of artificial intelligence and cryptocurrency. The fund offers a diversified basket of tokens from protocols operating in the decentralized AI space. Grayscale Decentralized AI Fund is now open to eligible accredited investors. Get diversified
Bank of Japan Deputy Governor addresses the importance of adapting to the ever-changing financial climate, particularly with the emergence of stablecoins in the global economy. Summary Bank of Japan Deputy Governor Ryozo Himino emphasized that stablecoins could play a vital role in the global payment system and may eventually partially replace traditional bank deposits. Japan’s
Asia’s stablecoin race is dividing between bank-backed domestic currencies and US dollar–pegged tokens as Japan, Singapore, and Hong Kong roll out new regulations shaping how crypto can operate alongside regional monetary policies. The rivalry is heating up, highlighted by Japan’s plan for a major bank consortium and China’s restrictions on Hong Kong initiatives. These moves
Coinbase (COIN) has acquired Echo, a startup focused on onchain capital formation, for approximately $375 million. Founded by a longtime crypto figure known by its Cobie pseudonym, Echo has helped projects raise over $200 million across roughly 300 deals since launch. The platform allows startups to raise funds directly from their communities, either privately or
Institutional Shareholder Services (ISS) on Monday told investors to vote against the $9 billion acquisition of Core Scientific by CoreWeave, saying the>Core Scientific investors exposed to CoreWeave’s price swings, a risk that’s already materialized. As the trading floor punished CoreWeave’s stock, the total offer value sank. Then Trip Miller, head of Gullane Capital in Memphis,
Bitcoin was trading below $108,000 at 9:20 a.m. UTC as $320 million in liquidations and spot crypto ETF outflows hit a market down 3.2%. BTC was trading at $107,779 during the European morning, 2.8% lower in the last 24 hours, according to CoinDesk data. Ether ETH$3,876.90 and solana SOL$185.15 have both fallen more than 3.5%,
Kraken has released an anonymized, aggregate analysis of millions of wallets on its platform showing Australian clients’ holdings and trading activity from August 2024–2025, comparing local trends with global averages. The report finds bitcoin held by 36.70% of Australian users (average AU BTC balance $17,409 vs $29,830 globally) and ethereum comprising 33.17% of the average