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Crypto exchange Kraken is reportedly planning to raise $500 million at a $15 billion valuation as it prepares for a potential initial public offering (IPO) in early 2026, according to The Information. With a daily trading volume of approximately $1.25 billion, Kraken aims to solidify its valuation and maintain momentum after recent legal victories. The … Read more
Bitcoin rebounded from a “flash crash” on July 30, trading above $118,900 before dropping to below $118,700. The crash followed the U.S. Federal Reserve’s decision to maintain interest rates, causing BTC to plummet from around $118,600 to a low of $115,784. Flash Crash Triggers Significant Liquidations Bitcoin ( BTC) recovered from a late July 30 … Read more
180 Life Sciences is pivoting to crypto with a $425 million private placement to build an ether treasury and rebrand as ETHzilla. ETHzilla Incoming: 180 Life Sciences Goes All-In on Ethereum With $425 Million Funding 180 Life Sciences Corp. (Nasdaq: ATNF) has announced a major strategic pivot, raising $425 million through a PIPE (private investment … Read more
The latest Crypto Confidence Index revealed that hyperliquid (HYPE) led the bullish sentiment with a score of 88.02, driven by a 203.54% price increase, while GT had the lowest confidence score at 3.08, with a 31.57% price drop and high negative sentiment of 30.28%. Top Bullish Performers: HYPE Leads the Charge The second quarter of … Read more
Bitcoin accelerates as stablecoins gain legal backing, with Blackrock touting U.S. regulation as a turning point and spotlighting bitcoin’s unmatched alpha in digital markets. Blackrock Eyes Bitcoin as Pure Alpha While Stablecoins Rewire Global Finance Blackrock released its latest weekly market commentary on July 28, emphasizing the accelerating mainstream adoption of digital assets and the … Read more
A new Ripple report reveals global banks are rapidly shifting to blockchain, forecasting a $19 trillion tokenized asset explosion as finance braces for its digital future. $19T in Tokenized Assets Coming? Ripple Says Financial Rails Are Already Shifting Ripple, CB Insights, and the UK Centre for Blockchain Technologies released a report on July 30 examining … Read more
A U.S. senator has declared “this is the year for digital assets,” endorsing landmark federal efforts poised to transform crypto regulation, boost innovation and reshape financial markets. Senate Leadership Aligns With White House to Champion Crypto Revolution U.S. Senator Cynthia Lummis (R-WY) praised the President’s Working Group on Digital Asset Markets on July 30, describing … Read more
Coinbase is launching nano XRP perpetual futures, unlocking institutional-grade exposure to XRP with unmatched capital efficiency, margin trading access, and seamless alignment to spot price. New XRP Futures by Coinbase Deliver Institutional-Grade Nano Exposure With Edge Coinbase Institutional announced on social media platform X on July 29 that it will debut nano XRP U.S. Perpetual-Style … Read more
The White House unleashed a bold crypto strategy demanding immediate congressional action, with Ripple’s legal chief calling it a breakthrough blueprint from the “most pro-crypto Administration we’ve ever seen!” Ripple Legal Chief: Most Pro-Crypto Admin Delivers the Regulatory Signal Investors Need The White House released a 160-page report on July 30, through the President’s Working … Read more
An Australian digital asset investment firm, Jelly C, has joined a new “collateral mirroring” program, enabling lower-risk institutional crypto trading via the OKX exchange. This program uniquely allows Standard Chartered, a global investment bank, to handle asset custody. Jelly C will primarily use Franklin Templeton’s tokenized money market fund (TMMF) as off-exchange collateral for trading … Read more
