AI powerhouse Anthropic, the creator of AI chatbot Claude, is set to raise $20 billion in new investment from venture capital firms and other investors, the Financial Times reported, in a deal that would value the company at $350 billion. The San Francisco-based company had targeted a $10 billion investment round, people familiar with the […]
IREN, CIFR, WULF and HUT lead BTC miners up sharply on Tuesday Read More »
Patrick Witt, a White House crypto adviser, said stablecoins are the “gateway drug” for global finance and Washington is working to clarify regulations.
The digital asset market is facing a critical crossroads, according to crypto asset management firm Bitwise.. In a blog post published Monday, the investment manager warned that blocking the Clarity Act in Congress could shift the market from a speculative bull run to an exhausting “show me” phase. The Senate Agriculture Committee postponed its hearing
Bitwise CIO warns of 3-year delay for crypto adoption Read More »
Cryptocurrency payments network Mesh gained unicorn status with a $75 million Series C funding round that valued it at $1 billion. The round was led by Dragonfly Capital and included participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment and Liberty City Ventures, Mesh said on Tuesday. The fundraising, coupled with the ceremonial significance of
Mesh Payment Network Raises $75 Million, Acquires Unicorn Status Read More »
The BNB Chain’s native token, BNB, extended its recent advance, climbing over 5% to $893 as it nears the $900 resistance level. The rally comes amid the launch of a physically-backed BNB exchange-traded product (ETP) by crypto asset manager Virtune on Nasdaq Stockholm. The new product offers direct exposure to BNB with Coinbase as custodian
BNB Token Gains Amid Prediction Market Interest and New ETP Read More »
Even as UK crypto regulations work their way into the system, most banks in the country still block their customers’ access to even registered crypto exchanges. The Financial Conduct Authority’s list of crypto asset companies, which certifies that they comply with the country’s anti-money laundering and anti-terrorism financing regulations, now stands at 59 companies, including
UK banks’ anti-crypto stance intensifies even as regulatory process moves forward Read More »
A rotation of top candidates shook Polymarket’s bets on the next Federal Reserve chairman, but the new frontrunner, BlackRock’s Rick Rieder, argued that bitcoin would replace gold and recommended people have it in their wallets. Rieder, BlackRock’s chief investment officer for global fixed income, has risen to the top of President Donald Trump’s list of
BlackRock’s Rieder is the favorite to replace Powell. Here’s What This Means for Crypto Read More »
AVAX One, the digital asset treasury company advised by SkyBridge Capital founder Anthony Scaramucci, saw its shares fall more than 32% after listing nearly 74 million shares held by insiders as available for sale. The company, which owns AVAX tokens and associated assets of the Avalanche ecosystem, made the disclosure on Tuesday evening. Although the
AVAX One (AVX) Stock Falls Over 30% on Insider Action Record Read More »
A rotation of top candidates shook Polymarket’s bets on the next Federal Reserve chairman, but the new frontrunner, BlackRock’s Rick Rieder, argued that bitcoin would replace gold and recommended people have it in their wallets. Rieder, BlackRock’s chief investment officer for global fixed income, has risen to the top of President Donald Trump’s list of
BlackRock’s Rieder is the favorite to replace Powell. Here’s What This Means for Crypto Read More »
HYPE, the native token of crypto derivatives exchange Hyperliquid, surged 24% in the past 24 hours as traders ramped up their bets on silver, gold and other commodities. Silver futures, in particular, have exploded in popularity on the platform. On Monday morning in the United States, silver was trading around $111 and recorded more than
HYPE Token Rises 24% as Silver Futures Volume Soars on Hyperliquid Exchange Read More »
