Cambrian, a startup developing blockchain data infrastructure tailored for institutional clients and autonomous AI agents, has raised $6 million in a new funding round. The investment, reported by The Block, was co-led by asset management giant Franklin Templeton and venture firm Polychain Capital, with additional backing from Flow Traders, Selini Capital, Paper Ventures, and Nomad
In brief 21Shares predicted that Bitcoin’s four-year cycle would fall in 2026, but conceded that it hasn’t yet. The firm indicated the market cycle has changed, however, pointing to a less severe drawdown and no complete capitulation as $BTC trades below $60,000. It also forecasted significant growth for crypto ETF assets under management (AUM) and
Bitcoin ($BTC) hit new two-week lows at Wednesday’s Wall Street open as traders predicted a rally to a “poor” lower high. Key points: Bitcoin price action edges closer to range lows, which traders still see holding. A relief bounce should enter soon, they say, with targets closer to $70,000. US-Iran peace progress has little bullish
Payward, the parent company of cryptocurrency exchange Kraken, has led a $20 million Series A funding round for Onyx Odds, a prediction market application that allows users to trade outcomes of sporting events like financial instruments. The round values Onyx Odds at $220 million, according to a report by The Block, marking a significant valuation
The top altcoin projects in the cryptocurrency market based on weekly active users have been revealed. According to the latest data, $BNB Chain tops the list with 14.4 million weekly active users. $BNB Chain is followed by Tron with 8.9 million users and Solana with 7.9 million users. The data is based on the number
Stablecore, a digital asset infrastructure provider for financial institutions, has launched an early-access program for US credit unions, a move aimed at helping smaller lenders evaluate stablecoins and other blockchain-based financial services before broader adoption. The program announced on Wednesday is in collaboration with Circuit, a credit union service organization (CUSO) focused on research and
Kalshi is seeking to raise fresh capital at a valuation of about $40 billion, nearly doubling the $22 billion valuation it targeted in its previous funding round, according to a Financial Times report citing people familiar with the matter. The prediction markets platform could close the fundraising as soon as the third quarter of this
The cryptocurrency world has entered a critical juncture that will determine the market’s direction in the next 48 hours. According to recent analysis by industry leader Dan Gunsberg, Bitcoin is facing both record volatility in the spot ETF market and massive expiration pressure in the derivatives market. The biggest short-term catalyst in the market could
Benjamin Cowen, founder of Into The Cryptoverse, a popular analytics platform in the cryptocurrency world, assessed Bitcoin’s current downward trend and how far the price could fall in light of macroeconomic data. According to Cowen, historical cycles and macroeconomic indicators suggest that Bitcoin has not yet reached its ultimate bottom. The renowned analyst, focusing on
Ink, the Ethereum Layer 2 network incubated by Kraken, is moving its production infrastructure to Optimism’s OP Enterprise Fully Managed service under a multi year agreement. Optimism will take responsibility for operating Ink’s core network infrastructure, while the Ink Foundation focuses on expanding its ecosystem and developing new financial products. The arrangement gives Optimism control