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Digital asset investment products recorded their tenth straight week of inflows, bringing in $1.24 billion last week, according to data from CoinShares. This continued streak has pushed year-to-date (YTD) inflows to $15.1 billion, a new record for this year. The inflows come at a time of heightened geopolitical tension, particularly following Israel’s military action against Iran. The move...
The crypto exchange OKX is reportedly considering an initial US public offering (IPO) as the wave of crypto firms entering public markets gains momentum. Although the exchange has not officially confirmed these plans, Chief Marketing Officer Haider Rafique hinted at the possibility during a conversation with The Information, suggesting an IPO could be on the table. The potential move comes at a...
The following is a guest post and opinion from Aryan Sheikhalian, Head of Research at CMT Digital. Ethereum is betting big on a future filled with rollups. But in typical Solana fashion, the network is taking a different route—one that doesn’t just scale more blockspace, but bespoke execution environments with first-class developer control. Enter Network Extensions, Solana’s most important—and...
Global oil markets are on high alert following U.S. airstrikes on three of Iran’s nuclear facilities, Fordow, Isfahan, and Natanz, with fears mounting over a potential closure of the critical Strait of Hormuz. The military action, announced by President Donald Trump last night, has intensified geopolitical tensions in the Middle East and raised concerns about a sharp spike in oil prices. The...
The following is a guest post and opinion from Gracy Chen, CEO of Bitget. There was a time not too long ago when the pulse of the crypto market could be measured not only by candlestick charts but by the waitlists at luxury watch boutiques. During the 2020–2022 bull cycle, the correlation between Bitcoin and high-end collectibles — especially steel sports watches from brands like Rolex and Patek...
As the world faces increasing economic woes from soaring debt and stubborn inflation to dwindling trust in financial institutions, Coinbase CEO says, “The world needs crypto, now more than ever.” He adds: “Debt is growing exponentially, inflation is crippling entire nations, economic freedom is declining.” Armstrong points to the astronomical level of U.S. federal debt, which recently surpassed $...
Pump.fun has delayed its public token sale once again, extending months of uncertainty for users and investors as the popular Solana-based launchpad wrestles with a flurry of lawsuits, Colin Wu reported on June 20. Pump.fun had aimed to raise $1 billion at a $4 billion valuation through its token auction originally set for June 25. The sale is now expected to happen in mid-July, although the team...
Alex Mashinsky, the former CEO of Celsius, has agreed to surrender all rights to assets tied to the collapsed crypto lender. According to newly filed court documents, Mashinsky and entities associated with him, including AM Ventures Holdings Inc., Koala1 LLC, and Koala3 LLC, will be excluded from any future distributions under the Celsius bankruptcy plan. The filing stated: “All Claims asserted...
Bloomberg analysts have sharply increased the likelihood of U.S. regulators approving a new wave of cryptocurrency exchange-traded funds, pointing to a friendlier stance from the Securities and Exchange Commission (SEC). Bloomberg senior ETF analysts Eric Balchunas and James Seyffart said on June 20 that they now see a “90% or higher” chance that a broad range of crypto ETFs will win regulatory...
Coinbase, the largest US-based exchange, has taken a major step in its global expansion by securing approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation, according to a June 20 statement. The exchange confirmed that Luxembourg’s financial watchdog, the Commission de Surveillance du Secteur Financier (CSSF), granted it the necessary license to operate across the EU. This...