Stablecoin platform Agora has raised $50 million in a Series A round led by Paradigm, with additional backing from Dragonfly Capital, the company announced on Thursday. The funding will support the expansion of Agora’s all-in-one system for issuing and managing stablecoins, as well as the introduction of its new white-labeled stablecoin product. “We believe stablecoins
The most successful asset of the last 15 years is once again annihilating the doubters. In the last hour, a total of $687.22 million in Bitcoin shorts have been liquidated, according to the crypto data aggregator CoinGlass. The shorts have provided rocket fuel for a sudden move above $116,000. BTC began the day at around
MicroStrategy holds 597K BTC worth $64.4B with $22B in unrealized gains but warns of key risks. Public firms with Bitcoin surged from 64 in 2024 to 151 in 2025 amid favorable regulation. Top holders like Tesla, Galaxy, and Mara diversify BTC strategies from mining to direct buys. MicroStrategy has disclosed big risks linked to its
The second quarter of 2025 marked its strongest crypto VC investment performance since 2022. The substantial influx of capital highlights a growing focus on foundational blockchain infrastructure and Bitcoin-centric strategies. Vivek Ramaswamy’s Strive Funds and the newly formed Bitcoin powerhouse Twenty One Capital secured the most substantial funding rounds, totaling hundreds of millions of dollars.
Bitcoin corporate holders accumulated 159,107 BTC in the second quarter of 2025, as 46 new firms joined the space. New Bitcoin treasury firms making waves include Metaplanet, GameStop, Twenty One, and Trump Media. Companies holding Bitcoin (BTC) as a reserve asset continue to expand their holdings. In the second quarter of 2025, these firms accumulated
Fed Governor Christopher Waller has stated that the FOMC members could consider a Fed rate cut this July despite Jerome Powell’s insistence on a wait-and-see approach. His statement comes just a day after the release of the June FOMC minutes and amid calls from Donald Trump for a ‘rapid’ interest rate cut.
REX Shares is seeking approval for a new investment product that offers double the daily returns of TRON (TRX), the native asset of the Tron network, through leveraged exposure, according to a new SEC filing. The prospective fund, called the T-Rex 2X Long TRON Daily Target ETF, will carry a 1.5% management fee. It will
US crypto ETFs are experiencing significant developments this week, according to new data released today by market analyst Phoenix Group. As per the data, Bitcoin and Ethereum ETFs have witnessed substantial increases in inflows, with total inflows of $409 million recorded last week. These additions make the cumulative AUM (assets under management) for these crypto
The price of Bitcoin just shot above the $116,000 for the first time ever, continuing a recent string of all-time high jumps over the last two days—and non-believers are getting pummeled with short liquidations. Bitcoin is currently sitting at a price of $116,734 according to data from Coinbase, marking a 4.8% climb over the last
According to breaking news, the Bitcoin price experienced a sudden surge in just two minutes, gaining 2.3% and rising above $116,000. With this development, the new all-time high price record for BTC was $116,868. Chart showing the rise in BTC price. Bitcoin, which broke its all-time high just a few hours ago today, hasn’t seen