Key Takeaways Upexi, a digital asset treasury firm centered on Solana, is increasing its SOL holdings by 12% through a $36 million deal with Hivemind Capital Partners. The transaction involves a convertible note for locked SOL tokens, slated for completion by January 14. Solana-focused treasury firm Upexi has entered into a securities purchase agreement with
Key Takeaways CoinGecko is contemplating a potential sale approaching a valuation of $500 million. A sale would echo Binance’s $400M acquisition of CoinMarketCap in 2020. CoinGecko, a leading crypto market data aggregator, is reportedly exploring a potential sale valued around $500 million, according to a report from CoinDesk. The company has hired investment bank Moelis
Key Takeaways Bitcoin surged past $93.5K after CPI came in at 2.7% YoY, matching forecasts. Monero hit a new ATH near $700, up 15% on the day and 50% on the week. Bitcoin surged past $93.5K on Tuesday, rebounding sharply from a Monday morning dip to $90K, as investors responded to fresh US inflation data
Bitcoin climbed past $93,500 on Tuesday, gaining more than 2% in 24 hours, as investors responded to a mix of steady inflation data, political instability, and renewed interest in crypto as a macro hedge. The move follows a brief dip earlier, with BTC rebounding from weekend support levels around $91,000. U.S. Consumer Price Index (CPI)
The UAE, through its own governmental technology advancements and private entities regulated within the country, is exporting its know-how to countries across the globe. This time, it is with Georgia, which will use the experience of PRYPCO, the UAE PropTech and real estate tokenization platform, to create its own compliant framework for real estate tokenization.
Big banks are increasingly experimenting with tokenized deposits as a way to plug legacy balance sheets into blockchain rails for more efficient settlement. In a recent example, Raymond Chun, the CEO of TD Bank, one of Canada’s “Big Five” lenders, described the technology as real innovation with “terrific opportunities.” Speaking at the RBC conference earlier
In recent weeks, the American Bankers Association and Bank Policy Institute sent several letters to Congress attacking the GENIUS Act, bipartisan stablecoin legislation that was passed and became law after thorough and careful compromise. Their arguments don’t cite newly discovered risks or technical flaws. They’re asking Congress to reopen settled law because they don’t want
The world’s biggest money manager says people should still put their cash into artificial intelligence companies this year, but they need to look beyond the usual tech suspects. BlackRock told investors on Tuesday that the smart money in AI is shifting. Instead of betting on companies like Microsoft and Meta, people who manage large amounts