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Grayscale’s Chainlink ETF (GLNK) Lists on NYSE Arca, LINK Price Jumps

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Chainlink’s native token, LINK, rose 8% on Tuesday to $13.06 following the debut of a Grayscale Exchange-traded Fund (ETF) linked to the asset. The ETF, which trades under the ticker GLNK, gives investors regulated access to Chainlink through traditional brokerage accounts. It is the first US exchange-traded fund dedicated to tracking LINK, the token that […]

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Crypto Exchange Kraken Agrees To Buy Tokenization Firm Backed Finance

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Crypto exchange Kraken said it agreed to buy tokenization specialist Backed Finance as crypto firms increasingly bring real-world assets on-chain in a market expected to be worth trillions of dollars in less than 10 years. Kraken plans to add the Swiss company’s tokenized stocks and exchange-traded funds (ETFs) to its trading platform, it said in

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IREN targets up to $2.3 billion convertible bond issue, shares fall

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Bitcoin miner Iren (IREN) plans to raise as much as $2.3 billion through a convertible note sale to refinance existing debt as the hash price falls to a five-year low, hitting revenue. The company, which also offers processing power for training AI models, is looking to issue $1 billion in convertible senior notes due 2032

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Brazil sentences 14 for use of crypto, Shell companies in drug laundering case of 95 million USD

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A federal court in Brazil sentenced 14 people to prison for laundering more than 508 million reais ($95 million) from international drug trafficking and other violent crimes, ending a years-long investigation into a sophisticated criminal network spanning several states. The two group leaders were each sentenced to over 21 years in prison, while other sentences

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Coinbase (COIN) could rise 90% as ‘Everything Exchange’ vision takes shape

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Wall Street broker Bernstein is sticking with his most aggressive Coinbase (COIN) call on the Street, an outperform rating and a $510 price target, even as a market pullback and renewed bitcoin BTC$91,701.39 volatility has rattled sentiment across crypto-linked stocks. In a Monday note written by analysts led by Gautam Chhugani, the broker described the

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IBIT Among Most Traded ETFs As Bitcoin (BTC) Rises; Mining stocks are falling

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Bitcoin BTC$91,798.94 bounced back on Tuesday, rising about 6% over the past 24 hours after a sharp selloff to start the week. The rally helped drive major activity in crypto-related exchange-traded funds (ETFs), notably BlackRock’s iShares Bitcoin Trust (IBIT), which was among the most traded ETFs in the US for the day. IBIT saw about

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New Pentagon Press Corps Test Runs Briefing Room

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“We take our partnerships very seriously,” said Ms. Wilson. James O’Keefe, who founded the right-wing group Project Veritas and now serves as CEO of the O’Keefe Media Group, asked Ms. Wilson about the steps the department took against Pentagon personnel aligned with the “movement” to resist Mr. Trump. Mrs. Wilson responded, “That’s why the work

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BTC Dipped Below ‘Fair Value’ For First Time In 2 Years, Story Says 132% Gains Next 12 Months

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Bitcoin BTC$91,322.46 briefly slipped below its network value based on Metcalfe value modeling for the first time in nearly two years, according to network economist Timothy Peterson. This is typically a signal that often marks the late stages of market resets, he said. “While this does not necessarily signal a bottom, it does indicate that

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Gathering 14% as Bybit, Mantle Integration Connects DeFi Lender to 70 Million Users

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Aave’s native token AAVE rallied 14% over the past 24 hours to $188 on Tuesday as the broader crypto market rebounded from the steep early week selloff. The move marked one of the strongest daily gains among major DeFi assets, outpacing the CoinDesk 5 Index’s 8% gain over the same period. The rally was fueled

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