Business
Mega Matrix Registers $2 Billion for Crypto Investment in Ethena
The company aims to leverage the growing appeal of Ethena's digital dollar USDe, as part of a larger trend of public companies acquiring cryptocurrencies.
Business
Figma's $91 Million Bitcoin Investment Is Not a Radical Move, Says CEO
Figma's CEO clarifies that the company's Bitcoin strategy is part of a comprehensive cash management plan rather than extreme crypto speculation.
Crypto
Scrutiny on Crypto Treasury Strategies Intensifies as Nasdaq Tightens Rules
Nasdaq is beginning to impose stricter regulations that require some companies to obtain shareholder approval before raising funds for crypto investments.
Finance
Hedera's HBAR Witnesses 4% Decline Amid Technical Factors and Market Weakness
HBAR's value dropped from $0.22 to $0.21 due to selling pressures influenced by profit-taking and a general decline in market strength.
Markets
Bitcoin Dips Below $110K as Analysts Assess Potential for Further Decline
BTC is nearing a critical threshold that could drop it to $93,000 before a possible rebound later this year, according to analysts from Bitfinex.
Crypto
Stellar Sees 3% Decline as Upgrade Efforts Fail to Generate Market Rally
The Stellar token faces challenges as its recent upgrade doesn't lead to expected price boosts amid growing liquidations.
Finance
Polkadot Drops 4% as $3.80 Support Crumbles
The Polkadot cryptocurrency faced a 4% decline as it struggled to maintain key support levels amidst a widespread market downturn.
Crypto
American Bitcoin Stock Plummets Below IPO Value Following 15% Decline
Shares of American Bitcoin, significantly backed by Hut 8 and Trump associates, witness a sharp drop below their initial IPO value of $6.90, just one day post-launch on Nasdaq.
Finance
NFL Season Opener Sees $600K in Bets on Polymarket Amid Target on $107B Sports Betting Market
The NFL kickoff draws significant betting traffic on Polymarket as the platform shifts focus from political to sports markets.
Blockchain
Etherscan Expands Its Services to Sei Blockchain as Trading Volume Surges
Etherscan has launched 'Seiscan', a platform tailored for the Sei blockchain that allows users to monitor on-chain actions seamlessly.
Finance
Publicly Traded Firms Surpass 1 Million BTC Holdings
Major public companies collectively hold over a million bitcoins, showcasing the growing impact of corporate engagement in cryptocurrency.
Crypto
The Power of Clarity in Business
In the evolving landscape of business, clarity is rapidly emerging as a crucial element for institutional growth and innovation, superseding mere speed.
Crypto
CoinDesk 20 Performance Insights: Polygon (POL) Increases by 0.6% While Most Assets Drop
Polygon shows a positive gain despite a general downturn in the cryptocurrency market.
Crypto
XRP Army Acknowledged for Impacting Ripple's Legal Battle with SEC
The 'XRP Army' has been recognized for its critical role in the outcome of Ripple's lawsuit against the SEC, a case that has spanned over four years.
Analysis
Crypto Markets Today: Increased Bearish Sentiment Before U.S. Jobs Report and Options Expiry
Bitcoin and the CoinDesk 20 Index experience losses as negative sentiment permeates through the options and perpetual futures markets ahead of significant expirations.
Crypto
Dogecoin Price Analysis: Lower Highs Form Despite Increased Trading Activity
Dogecoin maintains its position above the $0.214 support as anticipation around ETF approvals boosts trading volumes.
Crypto
XRP's Trading Dynamics: A Look at Price Movements
An analysis of XRP's recent price behavior highlights significant whale activity alongside institutional actions, amid ongoing resistance levels.
Crypto
Asia Morning Update: Bitcoin Steady as Traders Shift Focus to Ethereum's Potential
As Bitcoin stabilizes, Ethereum gains traction with heightened institutional interest ahead of a pivotal upgrade.
Crypto
Stellar Upgrade Leads to Temporary Trading Suspensions on Major Exchanges
Leading exchanges halt trading in Stellar's XLM token to ensure stability as the network undergoes a major upgrade, while price faces resistance levels.
Finance
Solana Community Greenlights Major Alpenglow Update
In a historic move, the Solana community has overwhelmingly approved the Alpenglow upgrade, anticipated to revolutionize transaction efficiency.
