Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends. ... Read full Market Summary
SoftBank Group and Ark Investment Management are in early talks to invest in a funding round that could value stablecoin issuer Tether at as much as $500 billion, Bloomberg News reported on Friday, citing people familiar with the matter.The two investors are among several high-profile backers in ea…
Crypto giant Tether is in talks to raise as much as $20 billion in a private placement that could value the El Salvador-based firm at about $500 billion, Bloomberg News reported on Tuesday.
Crypto giant Tether is in talks to raise as much as $20 billion in a private placement that could value the El Salvador-based firm at about $500 billion, Bloomberg News reported on Tuesday.The company is seeking $15 billion to $20 billion for roughly a 3% stake, the report said, citing people famili…
** Shares of Qualigen Therapeutics rise 312% to $11.73 premarket** EV maker Faraday Future said on Sunday it is investing $41 million in QLGN** FFAI will invest $30 million, while its founder YT Jia will invest $4 million with a two-year lockup; other backers include blockchain firm SIGN Foundatio…
By George GloverBitcoin and other cryptocurrencies were plummeting on Monday, as digital-asset investors unwound some bullish bets made after last week's Federal Reserve interest-rate cut.The world's largest token was down 2.5% to $112,965 over the past 24 hours, according to data from CoinDesk. It'…
Last year, Gemini Space Station resolved a lawsuit by New York Attorney General Letitia James by helping return all tokens to customers in a deposit-like product. "The Bitcoin-Billionaire Winklevoss Brothers Are Flexing Their Washington Clout," at 1:17 p.m. ET, incorrectly said the company paid $50 …
By Callum KeownBitcoin, XRP, and Ethereum jumped early Thursday as crypto investors welcomed the Federal Reserve's first interest-rate reduction in nine months and digested the prospect of more cuts to come.The central bank cut rates by a quarter point Wednesday following recent weakness in the labo…
By Nicholas G. MillerShares of Forward Industries fell on Wednesday after the company said it would sell shares of its common stock at market price for up to $4 billion to help build its treasury of Solana, a blockchain with its own cryptocurrency.Shares in Wednesday's premarket trading fell 6.3% t…
By George GloverBitcoin was edging higher Tuesday as investors waited for the Federal Reserve's policy decision, while the latest in a string of so-called crypto treasury stocks was building on its recent gains.The world's largest token by total market capitalization was up 0.6% over the past 24 hou…
By Kelly CloonanShares of Helius Medical Tech surged after the company said it has launched an offering set to raise over $500 million in cash funding to kickstart its cryptocurrency-treasury strategy.The stock more than doubled, to $20.00, midday Monday. Shares are down 96% this year.The company sa…
Gemini Space Station (GEMI.O) shares jumped 32.2% in their Nasdaq debut on Friday, giving the cryptocurrency exchange a valuation of $4.4 billion and capping a bright week for digital asset companies in a resurgent U.S. IPO market.
By Connor HartShares of Allied Gaming & Entertainment jumped after the company said it has made initial investments in bitcoin and ethereum as part of its corporate treasury management strategy.The stock more than doubled to $1.90 in morning trading Friday, putting it up nearly 25% over the past yea…