Crypto exchange Gemini said Tuesday it is seeking a valuation of up to $2.22 billion in its planned U.S. initial public offering, setting the stage […]
Category: Coindesk
BONK Holds Firm Amid $30M Corporate Deal and Token Unlocks
BONK navigated sharp swings over the last 24 hours, fluctuating between $0.00001991 and $0.00002123, a 45% trading spread that underscored heightened volatility. Selling pressure intensified […]
Strategy Added Another 4,408 Bitcoin for $450M Last Week
Strategy (MSTR) continued its relentless bitcoin (BTC) purchases, acquiring another 4,048 coins last week and bringing company holdings to 636,505 coins. Last week’s buys were […]
Kite Raises $18M to Bridge Stablecoin Payments and Autonomous Agents
EMB: Sept. 2, 12:30 UTC Artificial intelligence (AI) company Kite raised $18 million to expand its platform for enabling autonomous agents to transact with stablecoins. […]
Crypto Trader Scores $250M Payday as Trump-Linked WLFI Hits Open Market
A trader who made $38 million trading last week’s plasma (XPL) volatility secured another heft payday on Monday, profiting $250 million on the release world […]
Gold Hits Record $3.5K as Whales Dump Lackluster BTC for Ether: Crypto Daybook Americas
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market action has been pretty muted in majors, mainly due to the quiet aftermath […]
Bitcoin’s 7 Day Average Hashrate Hits 1 ZettaHash for First Time
Bitcoin’s hashrate has reached 1 zettahash per second (1 ZH/s) on a seven day moving average for the first time, setting a new all time […]
Citi Says Stablecoins and AI Could Drive Post-Trade Shakeup
The global post-trade industry is entering a new phase of transformation driven by digital assets and AI, according to Citi’s latest “Securities Services Evolution” whitepaper. […]
BNB Chain-Based Venus Protocol Drained of $27M on Suspected Contract Compromise
Venus Protocol, one of the largest lending platforms on the BNB Chain, was hit by a suspected exploit on Tuesday with attackers seemingly draining an […]
Federal Reserve Rate Cut Could Spark a Revival in Bitcoin’s Basis Trade
The big question for bitcoin (BTC) is whether the basis trade, an attempt to profit from the difference between the spot price and the futures […]