Bitcoin

CoreSky Raises $15M Series A to Expand Meme Coin Incubation The funding round, which totals $21 million to date, was spearheaded by Tido Capital, attracting investments from WAGMI Ventures, CoPilot Ventures Studio, Web3vision, and Parallel Ventures. As meme coins rise in popularity, this financial backing fuels growth in a thriving crypto market. Understanding the Importance…

Unveiling Michael Saylor’s Vision for Bitcoin Domination In a groundbreaking interview, Bitcoin evangelist Michael Saylor outlines his ambitious $200 trillion strategy for Bitcoin to become the dominant currency of the AI-driven future by 2045, rebranding the U.S. as a global leader in digital assets. Background and Context The recent announcement of Michael Saylor’s ambitious vision…

Bitcoin Cash Performance Analysis Highlights In a recent performance update, Bitcoin Cash (BCH) experienced a 1.9% decline, contributing to a dip in the overall CoinDesk 20 Index. This analysis delves into the factors influencing BCH’s current standing in the cryptocurrency market and what it could mean for investors moving forward. Background and Context The recent…

CME Group Partners with Google Cloud for Tokenization Trials CME Group, a leading institution in derivatives trading, is set to explore tokenization in capital markets using Google Cloud’s innovative distributed ledger technology. This collaboration aims to enhance market efficiency and streamline settlement processes, with direct tests expected later this year. Background and Context The announcement…

BlackRock Expands $1.7B Tokenized Money Market Fund BlackRock’s innovative tokenized money market fund, BUIDL, has officially launched on the Solana blockchain, furthering the asset manager’s commitment to blockchain finance. This expansion joins a growing network of availability across seven prominent blockchains. Background and Context The recent expansion of BlackRock’s tokenized money market fund, known as…

Bitcoin’s $12B Options Expiry: What to Expect As Bitcoin’s options worth over $12 billion approach their expiry on Deribit this Friday, experts suggest that the market may not experience significant volatility despite the substantial figures involved. With over 139,000 BTC contracts set for settlement, a closer look reveals a decrease in the implied volatility index,…

Trump-Backed World Liberty Financial Confirms Dollar Stablecoin Plans World Liberty Financial (WLFI), the innovative decentralized finance protocol supported by U.S. President Donald Trump, has announced its upcoming launch of USD1, a stablecoin fully pegged to the U.S. dollar and backed by secure government securities. This new venture promises to redefine access to decentralized finance while…

KULR Bitcoin Treasury Strategy: $5M Purchase Boosts Holdings KULR (KULR), a leader in advanced energy management, has acquired an additional $5 million worth of bitcoin (BTC), bringing its total holdings to an impressive $65 million. This latest purchase aligns with KULR’s strategic initiative to hold up to 90% of its surplus cash in bitcoin, representing…

eToro Files for IPO Amid Soaring Crypto Revenue eToro, the popular trading platform, has announced its plans to go public, fueled by a remarkable surge in cryptocurrency revenue that helped the company triple its total earnings to $12.6 billion in 2024. This move comes after a halted attempt in 2021 and aims to capitalize on…

Custodia and Vantage Bank Pioneering Tokenization In a groundbreaking move, Custodia and Vantage Bank have successfully tokenized U.S. dollar demand deposits on Ethereum, executing eight regulated test transactions with full U.S. banking compliance. Enhancing Traditional Banking with Blockchain This innovative pilot involved minting, transferring, and redeeming Avit tokens while adhering to stringent BSA/AML/OFAC regulations, showcasing…