Bitcoin Treasury KindlyMD to Issue $250M in Convertible Debt With Nasdaq-Listed Antalpha
The company, the result of a merger earlier this year with David Bailey’s Nakamoto Holdings, holds about $726 million in its Bitcoin treasury. Source link
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Defiance Proposes 3X Leveraged Exposure on Bitcoin, Ethereum Funds and Crypto Stocks
Defiance’s prospectus to the SEC on Friday outlines 49 ETFs that would provide leveraged exposure to Bitcoin funds, crypto firms, and more. Source link
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What the Government Shutdown Means for Pending Crypto ETFs
The SEC halted review of applications for financial products amid the budget impasse that has shuttered the government. Source link
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SEC No-Action Letter Creates Opening for More Firms to Serve as Crypto Custodians
The clarification of the regulator’s stance creates a potential opening for a wider group of firms to serve as custodians for digital assets. Source link
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Bakkt Share Price Spikes 17% After Analyst Triples Price Target to $40
Bakkt Holdings’ stock price jumped on Tuesday, adding to its recent rally after Benchmark more than tripled its price target. Source link
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Anchorage Digital Expands Institutional Access to Solana DeFi With Jupiter Integration
Anchorage Digital will incorporate Solana swap and liquidity aggregator Jupiter into its institutional, self-custody wallet Porto. Source link
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What Will the Slowing Growth of Bitcoin, Ethereum Treasury Buys Mean for Markets?
Waning accumulations are likely to continue weighing on prices with volatility remaining elevated, three analysts said. Source link
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Crypto Treasuries Meet ETFs in Novel Offering Before SEC
Market maker GSR included a proposal for the treasury-focused fund along with four others in a filing Wednesday. Source link
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Stablecoin Titan Tether Seeks $500 Billion Valuation on $20 Billion Raise: Report
Tether would potentially join the ranks of OpenAI and SpaceX, which received similar valuations. Source link
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Morgan Stanley Will Enable Bitcoin, Ethereum and Solana Trading via E*Trade
Wall Street giant Morgan Stanley confirmed that it plans to offer crypto trading via E*Trade in a team-up with infrastructure provider Zerohash. Source link
