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
Daya, a stablecoin-powered payments and banking platform founded by former Circle and Helicarrier executives, has secured $2.4 million in a pre-seed funding round led by Hivemind Capital. The round also saw participation from Lattice, Alliance, Globelink, and Aptos Foundation. Founded by Nigerian entrepreneurs Aleph L and Paul Joe, who previously launched Helicarrier, one of Africa’s
BlackRock’s aggressive Bitcoin and Ethereum selling spree has failed to end, as the leading asset management firm remains consistent in steadily moving the assets out of its reserves. As the market continues to struggle to recover from prolonged volatility, BlackRock has transferred millions of dollars worth of Bitcoin and Ethereum to Coinbase in the past
As AI agents become increasingly capable of completing tasks online, a new challenge is emerging: how can businesses tell whether an agent is acting on behalf of a real person or simply part of a bot network? World believes human verification will become a critical part of the answer. The company has announced broader access
Bitcoin price is trading near $61,500 today, extending a decline that has erased more than half its value since the token hit a record high in October 2025. The sell-off is rippling through publicly traded crypto companies, where losses have at times outpaced Bitcoin itself. The token fell to $61,877 earlier this week — its
African businesses are going global. The financial infrastructure helping them get there has not kept up, until now. Daya, a stablecoin-native payments company founded by Nigerian entrepreneurs, has raised $2.4 million in pre-seed funding to build what it describes as a financial operating layer for African businesses that operate across borders. The round was led
Strive Inc. CEO Matt Cole said his company is purchasing Bitcoin at an aggressive pace, telling Bloomberg that the firm is buying “hand over fist” as prices decline. The statement came as Strive disclosed its latest acquisition: 759 $BTC purchased between June 15 and June 21 at an average cost of $65,850 per coin, bringing