Bitcoin ($BTC) is still struggling to recover from the downward trend that began in October, and the latest sell-off has pushed it down to levels around $72,000. Altcoins also experienced significant losses along with Bitcoin’s decline, with Ethereum falling to around $2,100. While the downward trend in prices continues, the situation in ETFs remains mixed.
Tether has quietly pulled back from plans to raise as much as $20 billion in fresh capital after facing investor resistance to a proposed valuation that would rank the stablecoin issuer among the world’s most valuable private companies, per an FT report on Wednesday. The company, which issues the $USDT stablecoin with over $185 billion
Brazil has rapidly evolved from having potential in real-world asset (RWA) tokenization to actually building a working market. Financial institutions are now regularly creating and trading digital versions of assets like corporate loans and invoices on blockchain networks. A huge sign of progress is that Liqi Digital Assets, working with the $XDC Network, has exceeded
Bitwise Asset Management is reportedly acquiring institutional staking provider Chorus One, extending its push into cryptocurrency yield services. The acquisition adds a major staking operation to the crypto asset manager’s platform as demand for onchain yield products increases among both retail and institutional investors. Chorus One provides staking services for decentralized networks and currently has
Tether, the world’s largest stablecoin issuer, is reconsidering the scale of its planned funding round amid skepticism over its $500 billion valuation, according to a report from the Financial Times. The El Salvador-registered company initially explored raising as much as $20 billion, a move that would have placed it among the world’s most valuable private
New York — WisdomTree’s crypto business is no longer an experiment but core to the firm’s strategy and on the verge of turning profitable, CEO Jonathan Steinberg said in a fireside chat at the Ondo Summit in New York on Tuesday. “We want to continue to scale,” Steinberg said. “Last year, we went from like
Galaxy Digital shares dropped about 17% on Tuesday after the company reported a massive $482 million net loss for the last quarter of 2025. That hit came after a steep 22% fall in the value of its crypto investments, pulling down earnings to ‑$1.08 per share, both reported and adjusted. It wiped out a strong
Nvidia stock fell more than 3% on Tuesday, extending losses from the previous session, as investors weighed growing scrutiny around the chipmaker’s closely watched partnership with OpenAI. The decline came amid a flurry of reports and public comments aimed at reassuring Wall Street that the relationship between the two companies remains intact, even as both