PayPal’s board looked at a $53 billion buyout offer from Stripe and Advent International and said no. That rejection, formalized on July 20, is now the most consequential strategic bet the company has made in years — and it comes with a very specific burden of proof. Key takeaways Stripe and Advent International offered $60.50
Ether ETFs Outpace Bitcoin as Late-Week Selling Erodes Crypto Fund Gains Crypto exchange-traded fund (ETF) investors began the week buying with conviction and ended it heading for the exits. The reversal was sharp, but not quite strong enough to erase the early gains in bitcoin and ether funds. From July 20 through July 24, U.S.
More than a dozen digital asset treasury companies have moved into artificial intelligence and data centres as falling crypto prices weaken demand for the DAT model. Bloomberg reported that the shifts have not stopped steep share declines. K Wave Media has fallen about 71% since its May pivot. Lixte Biotechnology and Alpha Compute have each
Tether, the company behind the widely used stablecoin $USDT, announced that its gold-backed digital token XAUT has received Shariah compliance certification from Amanah Advisors, a recognized Islamic finance advisory firm. The certification confirms that XAUT aligns with Islamic finance principles, which prohibit interest (riba), excessive uncertainty (gharar), and speculation (maysir). What the Shariah Certification Means
SpaceX (NASDAQ: SPCX) stock now ranks among the worst-performing U.S. public offerings of the past decade, meaning investments in the space company at its historic initial public offering (IPO) last month would not have been that fruitful. Notably, a $1,000 position at the initial SpaceX IPO price of $135 per share on June 12, 2026,
A critical week has begun for Bitcoin and altcoins, with markets awaiting the Fed’s July decision. While the Fed is largely expected to keep interest rates unchanged, statements from Fed Chairman Kevin Warsh are anticipated to be significant for cryptocurrencies. In this context, with the FED decision eagerly awaited, BTC options traders reduced their short-bound
AMINA, a Swiss digital asset bank, said it is working with Wall Street firm Cantor to explore options that might lead to a public listing. The bank has explored several possibilities, including a SPAC merger, and now favors going public through a reverse takeover of a digital asset treasury company, according to two people familiar
Tokenization specialist Securitize (SECZ) is expanding its regulatory footprint, adding an investment adviser registration as the company positions itself to serve a growing number of institutional investors bringing traditional assets onto blockchain rails. Securitize said Monday that its subsidiary, Securitize Capital, has registered with the U.S. Securities and Exchange Commission (SEC) as an investment adviser.