Gate, a leading global cryptocurrency exchange, and World Liberty Financial (WLFI), the developer of a […]

Bitcoin treasury Twenty One Capital has increased the amount of BTC it will hold when it begins trading after adding about 5,800 BTC from Tether, the company said on Tuesday, potentially making it the third largest corporate holder of the asset.   The firm, the product of a joint effort by Tether, Bitfinex, Cantor Fitzgerald, and SoftBank, said it will have 43,500 Bitcoin. That's about $5.1 billion at the current price of $117,516 per BTC.  "With the partners, capital, team, and structure we've...

Here's why September could be a key month for altcoin traders

Collective Shout issued an open letter to payment processing giants Mastercard, PayPal, and Visa this month to try and convince gaming storefronts to remove titles featuring rape, incest, and child sexual abuse-themed games. In response, Steam and Itch.io broadly delisted or limited “adult” games on their storefronts—many of which do not feature the aforementioned themes. The removals were met with major uproar from gamers, some of whom opined that leaning on crypto to process payments could be...

Publicly traded biotech company 180 Life Sciences is raising $425 million to start an Ethereum treasury—and taking on a monstrous new moniker in the process.  Now calling itself ETHZilla—and wielding the catch phrase “Unleash the zilla” on social media Tuesday—the firm expects to secure $425 million via a private investment in public equity (PIPE) offering at a purchase price of $2.65 per share. After closing of the transaction, which included participation from more than 60 institutions and cry...

Everyone’s in profit, but no one’s buying. Is Bitcoin’s next move a breakout or a blindside?

The founders of Bitcoin mixer Samourai Wallet will plead guilty on Wednesday, Federal court documents show, in a case that has rattled privacy advocacy groups. Both William Lonergan Hill and Keonne Rodriguez will change their pleas in a New York court, according to the filing in U.S. District Court for the Southern District Court of New York.  Feds arrested Hill and Rodriguez last year and then shut down their Bitcoin mixing platform. The U.S. Department of Justice alleged that the app was an "u...

Cardano founder projected that ADA could rally to $80 or even $800

Looks like this won’t be a free-for-all.

PayPal will now support crypto-to-fiat checkout with Coinbase, MetaMask, and more, cutting cross-border fees by 90%.

BitMine Immersion Technologies has approved an up to $1 billion stock repurchase to support its Ethereum treasury pivot, the company announced Tuesday, The buyback, which is open-ended and allows periodic repurchases of BitMine’s common stock. Texas-based BitMine had 121,739,533 fully diluted common shares outstanding as of July 28, according to the company’s press release. BitMine’s goal is to stake and hold 5% of Ethereum’s total supply, BitMine Chairman Tom Lee reiterated Tuesday in a stateme...

BNB Chain’s $1.25B PIPE closes July 31, signaling a pivotal institutional move.

The U.S. Securities and Exchange Commission acknowledged Nasdaq’s proposal on Tuesday to accommodate staking for BlackRock’s spot Ethereum exchange-traded fund, signaling that the regulator could approve of the highly-anticipated rule change in the coming months. If the proposal is approved, the world’s largest asset manager would be able to participate in Ethereum’s proof-of-stake consensus model using its ETFs’ funds, while also passing along those rewards to its shareholders, according to a f...

With traction surging, is BONK primed for a breakout toward an ATH?

Crypto is on the up, but how high can it really go?

With whales like Galaxy Digital selling, momentum shows signs of fatigue.

The Securities and Exchange Commission has approved in-kind creations and redemptions for crypto-based exchange-traded funds, according to a blog post published on Tuesday. Previously, spot Bitcoin and Ethereum ETFs approved by the regulator were limited to creations and redemption on an in-cash basis, preventing investors from exchanging shares of an ETF for its underlying tokens or vice versa.  Now, if a fund’s authorized participants, aka large institutional investors, want to swap their shar...

Did FaZe Clan’s Banks really scam fans with MLG Coin?

Online brokerage eToro will unveil tokenized stocks on the Ethereum blockchain, the company announced Tuesday.  The new feature will allow clients to buy and sell stocks around the clock—24 hours, seven days a week—in the form of ECR-20 tokens.  eToro said that 24/5 trading of 100 of the most popular U.S.-listed stocks and ETFs will come first.  "We are part of the largest transfer of wealth in human history, from older generations to younger generations—with the rise of retail investors," eTor...

Bakkt is exiting its loyalty rewards business and raising fresh capital as it pivots more fully toward digital asset infrastructure. It’s set to sell the division to Project Labrador Holdco, a subsidiary of Roman DBDR Technology Advisors, for $11 million in cash. The deal, expected to close in the third quarter, will also involve adjustments for liabilities and a short-term restricted cash loan to support the transition, the company announced Monday. It also acknowledged that it will reclassify...