The Ethereum Foundation sold an additional 10,000 ether (ETH) in an over-the-counter deal to Tom Lee’s BitMine (BMNR), continuing a string of treasury sales this year. In a post on X on Friday, the organization said it completed the sale at an average price of $2,292.15 per token, implying proceeds of approximately $22.9 million. The […]
Tom Lee’s BitMine gets another 10,000 ether from the Ethereum Foundation Read More »
Alberta Investment Management Corporation (AIMCo), according to its first quarter 13F filing, purchased 1,382,000 shares of Strategy (MSTR) for $172,473,600. This implies an average cost of around $125 per share. With MSTR having reached around $175, this position would now be valued at around $241 million, representing an unrealized gain of around $69 million. As
AIMCo realizes a paper gain of $69 million on its strategic bet Read More »
Tether, issuer of the largest stablecoin by market capitalization, said first-quarter net profit was $1.04 billion and excess reserves reached a record $8.23 billion. The company did not provide figures for the prior year or the fourth quarter. It reported net profit of more than $10 billion for all of 2025. The amount of USDT
Tether Posts $1.04 Billion Q1 Profit, Hits $8.23 Billion Reserve Cushion Read More »
The donor-advised fund affiliated with Charles Schwab, DAFgiving360, has suspended the ability of account holders to donate money to the Southern Poverty Law Center, a civil rights group. Last week, the Justice Department indicted the group and accused it of financial crimes. Earlier this week, donor-advised funds that go by the names Fidelity and Vanguard
Schwab Affiliate Stops Customer Donations to Southern Poverty Law Center Read More »
ClawBank, an agent economy infrastructure project, said its agent Manfred AI has become the first such entity to set up a business independently, filing with the US Internal Revenue Service (IRS) its own Employer Identification Number (EIN), a unique code that allows it to legally operate as a business, hire staff and obtain licenses. The
Bitcoin BTC$78,440.77 rose on Friday, extending its gains as U.S. markets opened and risk appetite improved. The largest cryptocurrency is now up nearly 3% in the past 24 hours, continuing a rise that began overnight. It last traded at $78,722, once again inching closer to the $80,000 mark. Earlier this week, bitcoin approached this level
Bitcoin BTC$78,659.11the largest cryptocurrency, is expected to rise over the next four years, propelling its market capitalization to $16 trillion by 2030, Ark Invest said in its annual research report, Big Ideas. The more than 10x growth — the market cap is currently around $1.5 trillion — will be driven by accelerated institutional adoption and
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2090.4, up 1.3% (+26.17) since 4 p.m. ET on Thursday. Sixteen out of twenty assets are trading upwards. Leaders: TAO (+5.5%) and BTC (+1.9%). Lagging behind: ICP (-0.7%)
Bittensor (TAO) gains 5.5%, leading index on the rise Read More »
Japanese financial conglomerate SBI Holdings plans to acquire a stake in Bitbank, one of the country’s largest crypto exchanges. The Tokyo-based broker has submitted a letter of intent to Bitbank Co., Ltd. concerning the purchase of shares of the stock exchange with the aim of making it a consolidated subsidiary, according to a press release
This is an excerpt from the CoinDesk “Daybook” newsletter. Register here, if you haven’t already. Bitcoin soared to $77,400, rising along with other risky assets after earnings reports from America’s biggest tech companies helped stabilize markets. The gains came after Apple (AAPL) joined its peers with an earnings report that improved sentiment across the sector.
