Stablecoin platform Agora has raised $50 million in a Series A round led by Paradigm, with additional backing from Dragonfly Capital, the company announced on Thursday. The funding will support the expansion of Agora’s all-in-one system for issuing and managing stablecoins, as well as the introduction of its new white-labeled stablecoin product. “We believe stablecoins
MicroStrategy holds 597K BTC worth $64.4B with $22B in unrealized gains but warns of key risks. Public firms with Bitcoin surged from 64 in 2024 to 151 in 2025 amid favorable regulation. Top holders like Tesla, Galaxy, and Mara diversify BTC strategies from mining to direct buys. MicroStrategy has disclosed big risks linked to its
The second quarter of 2025 marked its strongest crypto VC investment performance since 2022. The substantial influx of capital highlights a growing focus on foundational blockchain infrastructure and Bitcoin-centric strategies. Vivek Ramaswamy’s Strive Funds and the newly formed Bitcoin powerhouse Twenty One Capital secured the most substantial funding rounds, totaling hundreds of millions of dollars.
Fed Governor Christopher Waller has stated that the FOMC members could consider a Fed rate cut this July despite Jerome Powell’s insistence on a wait-and-see approach. His statement comes just a day after the release of the June FOMC minutes and amid calls from Donald Trump for a ‘rapid’ interest rate cut.
REX Shares is seeking approval for a new investment product that offers double the daily returns of TRON (TRX), the native asset of the Tron network, through leveraged exposure, according to a new SEC filing. The prospective fund, called the T-Rex 2X Long TRON Daily Target ETF, will carry a 1.5% management fee. It will
US crypto ETFs are experiencing significant developments this week, according to new data released today by market analyst Phoenix Group. As per the data, Bitcoin and Ethereum ETFs have witnessed substantial increases in inflows, with total inflows of $409 million recorded last week. These additions make the cumulative AUM (assets under management) for these crypto
Speaking on ‘Mornings with Maria’, Binance CEO Richard Teng described it as “exciting” that countries are starting to accept cryptocurrencies as part of their strategic reserves. Touching on many topics from his trip in Bhutan to new regulations in the US, Teng said that global crypto adoption is accelerating. Speaking about his visit to Bhutan,
Cryptocurrency asset manager Grayscale has released its new benchmark today, structured around its Crypto Sectors framework. The company announced new digital assets it is considering incorporating into its future investment products. Grayscale said the move is part of its vision to offer investors a broader range of cryptocurrencies. In its new list published by the
Coinbase has teamed up with Perplexity AI to bring real-time AI-powered, crypto data to traders, Coinbase co-founder and CEO Brian Armstrong announced on X. In a post on Thursday, Armstrong said the collaboration will undergo a two-phase integration. In the first phase, Perplexity will focus on Coinbase market data, including the COIN50 index, with the
Digital assets platform Nexo reported a 72% year-over-year rise in crypto-backed borrowing through the Nexo Card as users choose to hold their assets instead of selling, as per the information shared with Finbold on July 10. Nexo’s 2024 Card Report shows that over 100,000 Bitcoin (BTC) and 750,000 Ethereum (ETH) avoided being sold through users