Pantera Capital is reportedly seeking to raise up to $1.25 billion to convert a Nasdaq-listed company into “Solana Co.,” a public vehicle designed to accumulate Solana tokens as a treasury asset. Plans for the conversion were first detailed in a report from The Information on Tuesday, which claimed that Pantera would begin with a $500
CoinShares released a report on weekly digital asset investment, analyzing the intense outflows across the crypto ETF market. In total, crypto investment products saw $1.43 billion in outflows in the last week. Diminished hopes of lowered interest rates powered a lot of this pessimism, but there’s been something of a comeback. Still, the situation is
Investor nerves over U.S. monetary policy drove the largest weekly withdrawals from digital-asset investment products since March, CoinShares reported Monday. This happened even as trading volumes in exchange-traded products (ETPs) jumped sharply, showing how polarised markets have become. Overall, digital asset funds saw $1.43 billion in outflows last week while ETP trading volumes surged to
According to new research, crypto adoption in the US seems to be growing among older generations. Rates of crypto education and ownership in the over-40 demographic are rising steadily. Retirement savings and hedging against inflation are this cohort’s biggest concerns, while platform complexity is their biggest barrier to entry. Crypto Schools exclusively shared this survey
Major cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin continued to fall Monday, triggering a wave of liquidations that topped $900 million over the past 24 hours. Bitcoin dropped below $110,000 for the first time since early July, spearheading a market-wide swoon after a whale unloaded 24,000 BTC worth $2.7 billion on Sunday. The continued dive
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. A couple days after Fed Chair Jerome Powell’s widely watched Jackson Hole speech feels like a great time for a high-level update — particularly as macro’s effect on crypto markets has increased over time. We still don’t know what the Fed
The corporate world is increasingly recognizing the potential of cryptocurrency, and now, a surprising player has entered the arena. Galmed Pharmaceuticals (Nasdaq: GLMD), a clinical-stage pharmaceutical company, just made headlines with a groundbreaking decision. They have approved a bold new crypto treasury strategy, intending to deploy up to $10 million of their cash reserves into
A coalition of AI companies unveiled a Super Political Action Committee (SuperPAC), designed to influence US technology policy and strengthen the nation’s position in the global AI race, according to an Aug. 25 press release. The group, Leading the Future (LTF), pledged to back candidates who support innovation while pushing back against legislation that could
Michael Saylor has taken immediate advantage of his modified promise about diluting common shareholders with today’s massive increase in the supply of Strategy, formerly known as MicroStrategy (MSTR). This morning, he announced 875,301 more shares sold of MSTR under his at-the-market (ATM) offering. Those sales would have been prohibited under slide 96 of the company’s
Non-USD stablecoins are a growing market in 2025, rebounding after a brief pause in March and April. These assets are powering genuine crypto adoption in several regions, which is often an elusive target. Latin America, especially Brazil, is powering this trend, representing 55% of the total volume. Additionally, Polygon is by far the most popular