Business – Page 478

DAWN Raises $13M Series B to Expand Decentralized Broadband Networks

DAWN, a decentralized protocol designed to provide a multigigabit broadband service owned and operated by users, said it raised $13 million in a Series B funding round led by Polychain Capital. The money will be used to expand the Solana-based protocol’s network coverage across the United States and roll out international deployments, according to an […]

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CF Benchmarks views bitcoin as a portfolio-based portfolio and projects $1.4 million price target by 2035

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CF Benchmarks, a wholly owned subsidiary of Kraken, stated on Thursday that institutional investors are increasingly analyzing bitcoin BTC$85,707.91 through the lens of portfolio construction rather than short-term price cycles. The firm models a base price of $1.4 million in 2035. In its 42-page report, titled “Building Bitcoin Capital Market Assumptions: A Practitioner’s Framework for

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Real-World Assets, AI Security and the Next IPO Wave

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In today’s newsletter, Paul Veradittakit, managing partner at Pantera Capital, shares his predictions for 2026 on crypto, real-world asset tokenization and AI. Programming Note: This will be our last newsletter in 2025 – we look forward to seeing you all in 2026! We are also selecting contributions from third parties for the coming year, so

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Two Trump Appointees Confirmed To Take Over Core Crypto Regulators CFTC, FDIC

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As President Donald Trump’s inaugural year winds down in his second administration, he has finally made permanent appointments to lead two of the main US crypto regulators – Mike Selig as chairman of the Commodity Futures Trading Commission and Travis Hill as chairman of the Federal Deposit Insurance Corp. The CFTC is poised to become

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BONK slips to $0.0000083 as selling pressure intensifies

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BONK is down 6.2% in the past 24 hours, falling to around $0.000008331. The move unfolded within a $0.000001202 range, representing about a 13% intraday swing as speculative positioning wound down, according to CoinDesk Research’s technical analysis data model. Price found firmer footing during the Asian morning, with BONK briefly falling to $0.000007941 before rallying

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‘ETF palooza’ could hit crypto in 2026, but liquidations may follow

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Due to clearer US Securities and Exchange Commission (SEC) rules, 2026 could be the year of the crypto “ETF palooza”, said digital assets manager Bitwise. But while the firm predicts an increasing number of crypto ETP launches next year, Bloomberg’s James Seyffart warns that many of the weaker ones could fail within 18 months. The

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At least one metric is still at an all-time high

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Bitcoin’s “realized capitalization” is at an all-time high of $1.125 trillion, suggesting that BTC remains in a bull market despite the nearly 40% plunge in prices over the past 10 weeks. This on-chain metric, which values each bitcoin at the price it last moved, highlights actual capital inflows rather than speculative price action as aggregate

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WhiteFiber (WYFI) signs 10-year, 40-MW co-location deal with Nscale worth about $865 million

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WhiteFiber (WYFI), a Nasdaq-listed data center and colocation provider focused on AI and high-performance computing, said its Enovum Data Centers subsidiary has signed a long-term colocation agreement with Nscale Global Holdings, a provider of AI infrastructure and cloud services, in a press release Thursday. Shares rose 13% in after-hours trading to $16.19 after news of

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Altcoins lead to losses as bitcoin falls below $85k

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Crypto losses accelerated Thursday afternoon as did bitcoin BTC$86,817.46 broke below the key $85,000 support level and fell to $84,500 – its weakest price in nearly three weeks – before rallying slightly. The move erased BTC’s morning rally to $89,500 and dragged down the broader crypto market. Ether ETH$2,837.03 fell below $2,800, down 1.1% in

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Polkadots DOT is down 2% on above-average volume

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DOT$1.7548 down 2% to $1.77 over the past 24 hours. Volume rose 35% above its 30-day average, according to CoinDesk Research’s technical analysis model. The session’s most dramatic action hit during a sharp drop during the day that tested critical support levels. The model showed DOT falling from $1.85 to $1.76 on unusual volume of

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