Under its current plan, the proposed Vulcan financing totals $39.4 million and would redeem $33.1 million in senior notes due Oct. 31. Its Aug. 14 quarterly filing said the company would use the financing for that redemption. However, as of Aug. 16, Vulcan had not reported the financing closed. The company, formerly Greenidge Generation, said
Zhibao Technology, a China-based insurtech company listed on Nasdaq, has completed a $154.7 million private investment in public equity (PIPE) from non-U.S. investors, with the entire amount funded in 2,380 Bitcoin ($BTC). The company valued the cryptocurrency at $65,000 per coin as of July 30, according to a statement. Deal Structure and Terms Under the
Bitcoin returned 87 times over a decade, while only 13% of actively managed US large-cap equity funds beat comparable passive funds’ benchmarks through June 30, according to Morningstar data reported by The Wall Street Journal. That rate rose to 27% over the latest 12 months, and Wall Street has argued that AI-driven dispersion and higher
Neynar is seeking a new team to operate Farcaster, Clanker and its developer platform, cofounder Rish Maheshwari said on Aug. 17. The process comes less than seven months after Neynar acquired the decentralized social protocol from Merkle Manufactory. Maheshwari disclosed the search in an X post. Neynar has not named a prospective operator or provided
Jane Street reported $990 million in Bitcoin exchange-traded funds in its Q2 2026 Form 13F filing with the SEC. The allocation is equivalent to 15,394 $BTC, concentrating $828 million in BlackRock’s iShares Bitcoin Trust (IBIT) ETF. The company recorded over $40 billion in net trading revenue so far in 2026. Quantitative trading firm Jane Street
Truth Ventures CEO Varun Datta has urged crypto investors not to demand recurring revenue from seed-stage companies, as RootData has listed 99 crypto projects that closed, entered bankruptcy, or became inactive in 2026. RootData listed 99 crypto projects that had announced closures, entered bankruptcy, or remained unavailable for long periods by late July, according to
In brief Polymarket is pricing in a 74% chance of no change at the next Fed meeting, and just 25% on a quarter-point hike. Kalshi’s September Fed-decision contract prices a 73.5% hold, with roughly $10 million wagered on the outcome. Myriad’s “Fed Decision in September?” market lists “No Change” at about 75% odds, and resolves
Benjamin Cowen, a well-known analyst in the cryptocurrency market, made striking assessments regarding Bitcoin and general market dynamics in his latest analysis video published on his YouTube channel. Benjamin Cowen stated that Bitcoin is currently trading sideways and with low volume in the $62,000 to $63,000 range. Arguing that interest in the market has significantly
American investors have reversed course, cashing out of spot Bitcoin exchange-traded funds after a hot run at the beginning of August. Data from Farside Investors shows that investors pulled over $385 million from the U.S. funds last week. The week before, the funds had received fresh cash every day, bringing in more than $865 million
Near midday Aug. 17, the Nasdaq Composite was down about 56 points, the Dow Jones Industrial Average had shed roughly 189 points and the S&P 500 was lower by about 23 points. The leading crypto asset bitcoin (BTC), meanwhile, was up roughly 1% to 1.5% over 24 hours, trading around $64,000 by 1:30 p.m. EDT.