Cryptocurrencies started the shortened US week on the back with bitcoin BTC$67,472.80 slipping below $67,000 on Tuesday, falling below its tight weekend range of $68,000-$70,000. The weakness coincided with a softer opening for US stocks, particularly for the battered software sector. The iShares Expanded Tech-Software Sector ETF ( IGV ) was 3% lower and now […]
BTC Coincides With Key Software ETF (IGV) Read More »
The legal challenges by state governments against certain aspects of prediction markets such as Polymarket and Kalshi drew a sharp rebuke from the chairman of the US Commodity Futures Trading Commission, Mike Selig, who argues that his federal agency has jurisdiction – not the states. “To those who seek to challenge our authority in this
Nakamoto ( NAKA ) has signed definitive agreements to acquire media and events company BTC Inc and asset management firm UTXO Management. The total share transaction is – NAKA will issue 363. million shares for the purchase – is valued at approximately 107.3 million dollars and is expected to close in the first quarter of
David Bailey-led company that buys related companies Read More »
Two of Abu Dhabi’s major investment firms increased their exposure to bitcoin BTC$67,583.09 in the fourth quarter of 2025, buying into BlackRock’s spot bitcoin ETF as the market fell, according to the latest regulatory filings. Mubadala Investment Company, a sovereign wealth fund backed by the government of Abu Dhabi, added nearly four million shares of
Mubadala Investment Company and Al Warda increased IBIT stakes in the 4th quarter Read More »
Elemental Royalty Corporation (ELE) is now offering shareholders something no other public gold company has before: the ability to receive dividends in blockchain-based tokens backed by gold. In a move announced Tuesday, the Canada-based royalty company said it will distribute shareholder returns using stablecoin issuer Tether’s tokenized gold, Tether Gold (XAUT). Shareholders who choose this
Tether’s tokenized gold (XAUT) must be paid out for dividend payments Read More »
Crypto venture firm Dragonfly Capital completed a fourth fund of $650 million, marking one of the biggest raises in the sector at a time when many blockchain-focused VCs are struggling, managing partner Haseeb Qureshi said. “It’s a strange time to celebrate,” Qureshi wrote in a social media post on Tuesday, describing low spirits and “the
Crypto VC firm Dragonfly raises $650 million despite ‘groom of a bear market’ Read More »
Bridge, a stablecoin infrastructure company owned by Stripe, said on Tuesday that it has received conditional approval from the US Office of the Comptroller of the Currency (OCC) to form a national trust bank. The charter would let Bridge National Trust Bank issue stablecoins, store digital assets and manage reserves under direct federal oversight. It’s
Doing crypto taxes this year is going to suck. For the past decade, the IRS has treated cryptocurrency as property rather than currency, treating every sale and exchange as a taxable event. Despite blockchains being public ledgers, tax compliance rates have always been low. The gap between what the IRS expects and what crypto users
The crypto tax account is here Read More »
Wall Street analysts are betting that BitGo’s push into full-service institutional crypto financing will not only promote long-term growth, but also position the company as a prime acquisition target for traditional financial firms. Compass Point analyst Ed Engel, who has a buy rating on the stock, wrote that the firm’s services could be attractive to
Crypto depository BitGo is a potential acquisition target for Wall Street, analysts say Read More »
The results were especially notable given the struggles of peers Robinhood and Coinbase.
