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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Grove is developed by Grove Labs, which is owned by the DeFi-focused financial advisory firm Steakhouse Financial.
SoFi will reintroduce spot crypto trading and launch new crypto features after halting services in 2023 due to regulatory constraints.
The move comes on the heels of similar news from Polymarket, which is reportedly "nearing a deal" to raise $200 million at a $1 billion valuation.
Holders can buy between $50 to $5,000 worth of these digital assets, lower than the typical $10,000 minimum for private firms.
Bernstein's Coinbase target implies an upside potential of more than 40% for the stock over the next 12 months.
Barclays cited the lack of consumer protection and market volatility that could push cardholders into unmanageable debt as key concerns.
Tether's multi-billion dollar war chest has been deployed into several projects in recent years, including a Neuralink-style brainchip firm.
BRN's head of research foresees the Fed's first rate cut to arrive in December, after Jerome Powell shared a familiar wait-and-see stance before Congress.
With over 100,000 BTC in total holdings, Ardoino said its bitcoin mining operations are an important part of securing its investment.