Corporate Bitcoin Buying Slows in August as Treasuries Add $5B
Bitcoin’s rally lost momentum in August, and slowing corporate accumulation may explain why. Tracked treasury entities added 47,718 BTC last month ($5.2 billion), down from more than 100,000 BTC in…
AI, Mining News: GPU Gold Rush: Why Bitcoin Miners Are Powering AI’s Expansion
When Core Scientific signed a $3.5 billion deal to host artificial intelligence (AI) data centers earlier this year, it wasn’t chasing the next crypto token — it was chasing a…
Massachusetts State Attorney General Alleges Kalshi Violating Sports Gambling Laws
Prediction market Kalshi is violating Massachusetts’ state gambling laws, its attorney general alleged in a lawsuit Friday. Attorney General Andrea Joy Campbell alleged in a filing that sports event contracts,…
Polymarket Weighs $9B Valuation Amid User Surge and CFTC Approval: The Information
Polymarket, the online betting exchange where users wager on real-world outcomes, has weighed a deal that would value the company at $9 billion, according to The Information. The number marks…
Bitcoin, Ether Catch Friday Afternoon Bids, Rise to Three-Week Highs
The big upside action in major cryptos of late has been in altcoins such as solana (SOL) and dogecoin (DOGE), with SOL sporting a 17% gain over the past seven…
Gemini Stock Jumps 45% in Early Trades After IPO
Shares of Gemini (GEMI) opened at $41 a share on the Nasdaq Global Select Market on Friday, rising 45% from last night’s IPO price. The crypto exchange, which is run…
SOL Rallies as Novogratz Calls Solana ‘Tailor-Made’ for Financial Markets, Analyst Sees $1,314 Target
Solana’s SOL rallied above $239 on Friday, extending its sharp September gains, as Galaxy Digital CEO Mike Novogratz described the blockchain as “tailor-made” for global financial markets and analyst Ali…
Crypto Bull Market Still Has Room to Run, Coinbase Says
Coinbase analysts remain optimistic for the fourth quarter, arguing that a mix of resilient liquidity, a favorable macro backdrop and supportive regulatory signals could keep the crypto market rally alive.…
BlackRock Weighs Tokenized ETFs on Blockchain in Push Beyond Treasuries: Report
BlackRock is exploring how to bring exchange-traded funds (ETFs) onto public blockchains, people familiar with the matter told Bloomberg. The sources said the asset manager is weighing tokenizing funds tied…
Crypto for Advisors: Crypto ETF Trends
Did you know, exchange-traded products are now the largest holders of bitcoin? In today’s Crypto for Advisors newsletter, Rony Abboud from Trackinsight and ETF Central breaks down current ETF trends.…