Caliber, a publicly traded real estate asset management company, saw its stock price skyrocket Thursday after announcing that it has adopted a digital assets treasury strategy that will center on Chainlink (LINK). The firm’s strategy was approved by its board of directors, allowing it to allocate a portion of its treasury to acquire LINK—the token
Crypto markets consolidated on Thursday, pushing total capitalization just over $4 trillion as the midweek rally held firm. Bitcoin (BTC) jumped 0.9% to $113,073, while Ethereum (ETH) slipped by about 1.8% to $4,553. Solana (SOL) led gains, up 2.7% to $214.51, following continued interest from corporate treasury strategies, while XRP (XRP) remained steady at $3.01
According to a statement made to the Hong Kong Stock Exchange (HKEX), Shun Tai Holdings announced plans to invest 70 million Hong Kong dollars (approximately 9 million US dollars) in a new step towards the cryptocurrency sector. Shun Tai Holdings Invests HKD 70 Million in Crypto The company aims to use this fund entirely from
In the fast-paced world of cryptocurrency, exciting news often emerges, and today is no exception. A groundbreaking project known as aPriori, built on the innovative Monad blockchain, has just announced a significant milestone: a fresh infusion of capital that will undoubtedly propel its development forward. This latest round of aPriori funding is turning heads across
Gemini, the crypto exchange run by Cameron and Tyler Winklevoss, is lining up to take its shot at Wall Street. The brothers launched Gemini back in 2014 with a simple pitch: a crypto platform built for trust and regulation at a time when most exchanges were flying under the radar. Now, Gemini wants to join
In an exciting development for the digital finance world, Rain, an innovative Stablecoin Payment Platform, recently announced a substantial Series B funding round. The company successfully raised an impressive $58 million, signaling strong investor confidence in its mission to revolutionize payments. This significant capital injection positions Rain to accelerate its growth and further develop its
U.S. stocks are bidding for a positive flip after opening on a muted note on Thursday, with Nasdaq slightly up amid Wall Street’s reaction to Nvidia earnings and the latest jobs data release. Summary Nasdaq saw slight gains but hovered near the flatline. Dow Jones Industrial Average and S&P 500 also wavered as early signs
Cardano founder Charles Hoskinson has criticized traditional financial infrastructures, particularly SWIFT, forecasting their eventual demise. Speaking in an interview on the David Lin Report, Hoskinson predicted that SWIFT and other large traditional financial systems will eventually “die” due to their inability to sustain themselves. He backed up this claim by pointing to several shortcomings of
The price of Bitcoin and other cryptocurrencies rose on Thursday as investors mulled the strength of Nvidia’s earnings and signs of a stronger-than-expected U.S. economy. Bitcoin changed hands around $113,000, a 0.9% increase over the past day, according to crypto data provider CoinGecko. Solana meanwhile rose 2.3% to $212. SOL was up nearly 5% at
Portal to Bitcoin, a Bitcoin-first protocol enabling trust-minimized cross-chain trading, has secured $50 million in new financing led by Paloma Investments, bringing the project’s total funds raised to $92 million. The funding will support the expansion of BitScaler, the firm’s adapter that scales native Bitcoin without wrapped tokens, custodial bridges, or “message passing or other