In a bold move that’s capturing attention across both traditional finance and cryptocurrency circles, Upexi has announced a massive $50 million share buyback program. This Solana investor, listed on Nasdaq, is making strategic moves that could reshape its market position. Let’s explore what this means for investors and the broader crypto landscape. Why Is This
The last penny, nominally valued at $0.01, was minted by the United States Mint in Philadelphia, Pennsylvania, on Wednesday, marking the end of 232 years of new pennies being coined and circulated. US President Donald Trump directed the US Treasury to stop producing pennies in February, and the Treasury initially set a 2026 target for
Key Takeaways xAI has expanded its latest funding round to $15 billion, boosting the company’s valuation to around $200 billion. The raise is expected to fund large-scale GPU purchases as xAI accelerates development of its foundational models xAI, Elon Musk’s artificial intelligence company, has secured $15 billion in new funding, CNBC reported today. The round
Imagine a world where you can prove your identity without revealing personal details – that’s the groundbreaking promise behind zero-knowledge identity technology. Self, an innovative startup in this space, just secured $9 million in seed funding to make this vision a reality. This significant investment signals growing confidence in privacy-focused solutions that could reshape how
Russia’s central bank will allow investment funds to acquire cryptocurrency derivatives early next year, a high-ranking representative has confirmed. Only brokers can now offer the new crypto-based products on the Russian market as management companies are explicitly prohibited from doing so. Russia to let investment funds buy crypto derivatives in the coming months The Central
21Shares launches TTOP and TXBC, the first U.S. ’40 Act products tracking broad digital assets via a crypto index etf. Summary What do these crypto index etf launches change? How do TTOP and TXBC work? What benchmarks and partners are involved? Why the timing matters for the U.S. market About 21Shares and Teucrium What do
Bitcoin, the world’s largest cryptocurrency, experienced a sharp decline again today, testing below $100,000. Bitcoin, which fell to $99,840, has lost 1.63% of its value in the last 24 hours. This decline is attributed to both weakness in U.S. equity markets and increasing liquidity pressure across cryptocurrencies. Bitcoin is trading around 21% below its all-time
Ripple commits $4 billion to institutional rails, centering its stablecoin as a compliant liquidity bridge from banking to blockchain. The program spans prime brokerage, custody, and treasury to connect finance and digital assets. Summary How will the Ripple stablecoin connect Wall Street and crypto? What is inside Ripple’s $4B institutional build-out? Why timing matter for
Michael Saylor, founder and chairman of Strategy, said in an interview that Bitcoin will replace gold in the financial world within the next decade. Michael Saylor: “Bitcoin Will Overtake Gold by 2035” “I have no doubt that Bitcoin will become a larger asset class than gold by 2035,” Saylor said. Saylor emphasized that he believes