KindlyMD (NAKA) announced a partnership with Antalpha to create a $250 million secured convertible debt facility. Through its subsidiary Nakomoto Holdings, KindlyMD will leverage Antalpha’s expertise in digital asset financing to create new treasury tool for bitcoin focused-companies, according to the announcement. The non-binding agreement outlines a five-year convertible note issuance to Antalpha, with proceeds
Meanwhile, the first regulated life insurance company that operates entirely in bitcoin BTC$111,480.33, said on Tuesday it has raised $82 million to scale its savings and retirement products that aim to protect against inflation and currency devaluation. The funding round was co-led by Bain Capital Crypto and Haun Ventures, with participation from Pantera Capital, Apollo,
Bank of New York Mellon (BK), the world’s largest custodial bank with $55.8 trillion in assets under custody, is testing tokenized deposits in a bid to modernize its global payment infrastructure and keep pace with a growing shift toward blockchain-based finance. The effort, still in the exploratory phase, aims to let clients make payments using
As with every price rally, Bitcoin’s recent surge has investors feeling like they’ve missed their opportunity. However, one prominent figure said it’s still not too late to invest in BTC and cryptocurrencies. It’s Not Too Late to Invest in Cryptocurrencies! Pantera Capital partner Cosmo Jiang said it is not too late to invest in cryptocurrencies.
Bitcoin and gold have outperformed every other major asset class this year, reflecting how US macroeconomic uncertainty is reshaping investor behavior. Gold has surged 48% year to date, reaching an all-time high near $4000. In comparison, Bitcoin has gained over 30% this year and has reached a new high above $126,000. Notably, this marks the
Bitcoin hit a new all-time high above $126,000, confirming its strongest October run in five years as U.S. investors seek alternatives to a weakening dollar. Bitcoin’s surge reflects macro pressure, surging ETF inflows, and growing long-term accumulation from institutions treating Bitcoin as a strategic reserve asset. At the time of writing, Bitcoin (BTC) traded at
Escalating economic decay and the prospect that Bitcoin would become even more scarce would make not holding the cryptocurrency by 2034 “risky.” Crypto enthusiasts continue to rediscover some of the most interesting stories on Reddit. The widely followed Bitcoin-focused account “Trending Bitcoin” shared one from an anonymous user on Sunday, which highlighted the risks of
BlackRock created headlines when it went out and purchased a whopping $969.7 million worth of Bitcoin. This was another institutional boost for crypto and investors and market watchers alike are calling it a semi-seismic event that has partially aligned with other recent large purchases by whale Bitcoin holders. This purchase is significant not only because
The utility and edge that cryptocurrency enjoys over traditional assets is again in focus. 50TFunds founder Dan Tapiero, in a post on X, used the Japanese scenario to drive home the edge that Bitcoin has over the stock market, the Nikkei. Japan’s low-yield decades drive capital toward Bitcoin and gold Tapiero noted that Japan maintained
US stocks and home prices hit record highs in dollar terms, but they’ve dropped significantly when priced in Bitcoin. Bitcoin has seen a steady upward trajectory over the past seven days. Starting from around $114,000 this month, it peaked at over $126,000 yesterday, October 6, before dipping slightly to hover around $123,000. This price action