Digital asset funds saw $3.7 billion of inflows last week, the second-largest figure on record, according to data tracked by crypto asset manager CoinShares. The flows are surpassed only by those in the week ended Dec. 6 last year, when they topped $4 billion, the Jersey-based company said in its weekly roundup on Monday. The
Zerohash is reportedly nearing a $100 million funding round that could value the company at nearly $1 billion. Zerohash Nears Unicorn Status Zerohash, a crypto and stablecoin infrastructure startup, is reportedly close to raising approximately $100 million in a funding round that would value the company at nearly $1 billion. According to a report citing
Israel Salmen, CEO of Meliuz, the first Latam-based bitcoin treasury company, announced that the company is in the final stages of listing its stock on U.S. markets, without issuing new shares. Brazilian Bitcoin Treasury Company Meliuz Ready to List Stock on U.S. Markets Meliuz, the cashback company that became the first Latin American and Brazil-based
Metaplanet CEO Simon Gerovich is helping to advance a Bitcoin treasury strategy campaign in Asia through a newly approved acquisition of a South Korean public firm, following a similar move in Thailand earlier this month. South Korea’s SGA Co., a systems integrator serving government and education clients, has received regulatory approval to issue more than 58
The possibility of US President Donald Trump dismissing Fed Chair Jerome Powell has been raised again. National Economic Council Director Kevin Hassett said today that Trump may fire Powell due to cost overruns on the Fed’s headquarters renovation project. It’s well known that the Trump administration has been pressuring Powell to cut interest rates for
Singapore avoided a technical recession as its economy grew more than expected in Q2 2025. According to advance estimates from the Ministry of Trade and Industry (MTI) released Monday, the city-state’s economy expanded by 1.4% on a seasonally adjusted annualized basis—bouncing back from a 0.5% contraction in the previous quarter and beating economists’ forecast of
Leading cryptocurrency Bitcoin (BTC) started the new week with a new record high. The price of BTC surpassed $120,000 for the first time in its history. According to Binance data, BTC briefly broke above $121,000, setting a new record. It is currently up 2.8%, reaching $121,500. While the main reasons for the rise in Bitcoin
DeFi’s multi‑chain story this week is one of both consolidation and diversification. According to DeFiLlama’s July 12 data, the ten blockchains locking up the most capital saw a combined Total Value Locked (TVL) of over $114 billion, with Ethereum alone accounting for nearly two‑thirds of that total. While Ethereum’s TVL jumped almost 11% on the back of
Bitcoin BTC$119,916.39 rose past $120,000 for the first time on record, taking the year-to-date gain to 28%. BTC is currently trading above $121,000 as of midday Hong Kong time, according to CoinDesk market data. (CoinDesk) The move follows President Donald Trump’s decision to impose a 30% tariff on the EU and Mexico, starting Aug. 1,