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Three publicly traded companies are moving to hold XRP as part of their cash stash, putting real money behind their crypto bets. Webus International wants to set aside $300 million in XRP.VivoPower plans to use roughly $121 million. Wellgistics Health has earmarked $50 million. This marks a shift in…
Strategy, formerly MicroStrategy (MSTR), has announced plans to issue 2.5 million shares of 10% Series A Perpetual Stride Preferred Stock (STRD) to raise funds to expand its Bitcoin holdings and support working capital.The company aims to raise approximately $250 million from this initial public off…
Paris-based cryptocurrency firm Blockchain Group has acquired $68 million of Bitcoin, joining a growing wave of European institutions adding BTC to their balance sheets.The Blockchain Group, which claims to be Europe’s first Bitcoin treasury firm, has acquired 624 Bitcoin for 60.2 million euros ($6…
Ethereum investment products recorded their strongest six-week inflow streak since December 2024. With this influx, crypto inflows reached $286 million last week.The fresh capital brings the seven-week inflow total to a remarkable $10.9 billion, signaling renewed investor optimism despite macroecon…
A single victim was scammed two times within three hours, losing a total of $2.6 million in stablecoins.According to data shared on May 26 by crypto compliance firm Cyvers, the victim sent 843,000 worth of USDt (USDT), followed by another 1.75 million USDt around three hours later. Cyvers said the s…
Crypto investment products attracted $3.3 billion in inflows last week as investors flocked to products issued by asset managers like BlackRock, Fidelity, and Grayscale, according to CoinShares' latest report.The six-week streak of positive action briefly pushed total assets under management (AUM) t…
Crypto influencer Anthony Pompliano’s fintech-focused blank-check company, ProCap Acquisition Corp (PCAPU), rose 7% on its debut Nasdaq listing after a last-minute upsizing of its initial public offering.ProCap had boosted its IPO from $200 million to $220 million on May 20, a day before its public …
Cardano, and specifically its founder Charles Hoskinson, has come under fire recently after allegations of fraud surfaced online. The rumors quickly spread as the integrity of the blockchain and its founder were called into question. As a result, Hopkinson has delivered a response, with a shocking r…
Institutional interest in Bitcoin is evolving rapidly, with one issuer now emerging as the dominant player in the ETF space. And that’s BlackRock’s IBIT.As one fund pulls ahead of all others, questions emerge about whether institutional demand is being funneled into a monopoly.Bitcoin ETF Monopoly i…
Shares in Indonesian fintech firm DigiAsia Corp jumped sharply on May 19 after it revealed plans to put Bitcoin at the center of its future.The company wants to raise $100 million to start building a BTC reserve, and it says half of its net profits will go toward buying more. The announcement got a …
Shares in the Indonesian fintech firm DigiAsia Corp nearly doubled after the company said it plans to raise $100 million to seed its first of many Bitcoin buys. The Jakarta-based Nasdaq-listed company said on May 19 that its board of directors approved creating a Bitcoin “treasury reserve” and it w…
Japanese firm Metaplanet saw its stock price surge to three-month highs on Monday after announcing its latest Bitcoin acquisition. The company added 1,004 BTC to its treasury, marking its third significant purchase this month. A week earlier, it had acquired 1,241 BTC, surpassing El Salvador’s rese…