Spot Bitcoin and Ether ETFs recorded outflows on Friday as the Federal Reserve released key inflation data showing price pressures are creeping higher under President Donald Trump’s trade policies. According to SoSoValue data, Ether (ETH) ETFs saw a net outflow of $164.64 million, reversing five straight days of inflows that had added more than $1.5
Gryphon Digital Mining, a publicly traded Bitcoin miner based in Las Vegas, Nevada, has received final shareholder approval to merge with American Bitcoin, a mining company linked to US President Donald Trump’s family. Shareholders approved the stock-for-stock merger on Wednesday, with the company announcing the decision on Friday. As part of the deal, a reverse
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). Microstrategy, now known as Strategy (MSTR), has reshaped U.S. capital markets in 2025 by issuing a series of preferred stock under tickers STRK, STRF, STRD and STRC. Collectively, these offerings raised about $5.6 billion year-to-date, making up for 12% of all U.S. IPO
Elon Musk’s attorney Alex Spiro is set to chair a new public company that aims to raise $200 million to invest in Dogecoin, according to a Fortune report citing six people familiar with the deal. The initiative is being pitched to investors as a Dogecoin (DOGE) treasury vehicle with the endorsement of House of Doge,
Japan-based mobile gaming company Gumi announced that it will purchase 25 billion yen (approximately $17 million) worth of XRP as part of its growth strategy in the blockchain and Web3 space. The company’s board of directors announced the decision today. The acquisitions are planned to take place between September 2025 and February 2026. Gumi argued
Effective today, the Trump administration eliminated the de minimis exemption. US importers must now pay taxes on their packages regardless of their overall cost. For crypto, the end of duty-free imports will largely affect smaller businesses focused on hardware development and Bitcoin mining. A Major Shift for E-Commerce Today, the Trump administration ended duty-free imports
VanEck’s Alessandro Valentino believes that the “Crypto President” Trump is setting a precendent for other countries. Summary VanEck product manager Alessandro Valentino says U.S. has opened the doors for crypto Several European countries are already following the U.S. example. Trump needs the crypto industry more than it needs him, he added. Donald Trump’s administration has
The world of digital assets is constantly evolving, and a fascinating trend is taking center stage: the remarkable growth of tokenized gold. These innovative assets are bridging the gap between traditional safe-haven investments and the cutting-edge technology of blockchain. Recently, the combined market capitalization of two prominent Ethereum-based tokenized gold assets, Tether Gold (XAUT) and
US stocks have slipped as a turbulent week continues, with investors reacting to the latest release of the Personal Consumption Expenditures index, a key consumer inflation gauge. Summary Dow Jones Industrial Average dropped 65 points, and S&P 500 and Nasdaq Composite dropped 0.4% and 0.5% respectively. July’s core PCE inflation index rose to 2.9%, up