Kalshi Raises $1B Reports TechCrunch
Kalshi, a regulated prediction market platform, has closed a $1 billion funding round that values the company at $11 billion, according to TechCrunch. The round...
DeFi
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Ray Dalio Owns Bitcoin. He’s Still Nervous About Quantum Computing, Central Bank Adoption. – Decrypt
In brief Ray Dalio reiterated his stance on gold against Bitcoin Advances in quantum computing could hurt the digital asset, he said. The precious metal...
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Prospective CFTC chair’s nomination advances through committee
Michael Selig’s nomination to chair the US Commodity Futures Trading Commission is headed for a vote on the Senate floor after clearing a committee hurdle. ...
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Trump's CFTC Pick, Mike Selig, Clears Hurdle on Way Toward Confirmation Vote
Just one day after Mike Selig’s confirmation hearing on becoming President Donald Trump’s next chairman of the U.S. Commodity Futures Trading Commission, the Senate Agriculture...
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Bitcoin Billionaire Dumps Entire $1.3 Billion BTC Stash After 14 Years: Arkham – Decrypt
In brief A crypto billionaire moved his entire Bitcoin stash to exchanges in recent weeks, apparently selling his holdings. He first acquired Bitcoin in 2011...
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Bitcoin for taxes? Proposed bill would let Americans pay the IRS in BTC
A US lawmaker introduced a bill in the House of Representatives on Thursday that would allow Americans to pay their federal taxes in Bitcoin, which...
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Avalanche News: Scaramucci-Backed AVAX One (AVX) Approves $40M Stock Buyback
AVAX One Technology (AVX), an Avalanche-centered digital asset treasury company with hedge fund veteran Anthony Scaramucci heading the advisory board, is the latest to turn...
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Metaplanet to Offer Dividend-Paying Preferred Shares to Buy More Bitcoin, Echoing Strategy – Decrypt
In brief Metaplanet plans to issue preferred shares as an additional funding mechanism. The company expects $135 million from the initial issuance of “Mercury.” The...
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Coinbase launches ETH-backed loans as onchain lending tops $1.25B
Coinbase has launched Ether-backed loans for US users, allowing customers to borrow USDC against their ETH holdings without selling, in a new offering powered by...
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Ripio $100M Crypto Treasury Includes BTC and ETH
Latin American cryptocurrency exchange Ripio has revealed it holds a crypto treasury valued at over $100 million, making it the second-largest publicly known such firm...
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Bitcoin, Ethereum and XRP Dive as Rate Cut Hopes Fade, Liquidations Near $1 Billion – Decrypt
Bitcoin extended its recent slide Thursday, diving below the $87,000 mark for the first time since April as traders weighed the prospects of a third...
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Bitcoin slump to $86K brings BTC closer to ‘max pain’ but great ‘discount’ zone
Key takeaways: A Bitwise analyst outlined the $84,000 to $73,000 region as the likely “max pain” capitulation range for Bitcoin. Cost-basis levels of BlackRock’s IBIT...
