BJ Strive closed a $750 million private investment in public equity (PIPE) round, with an option to increase the financing by another $750 million if the warrants are exercised. This capital will fund Strive’s initial wave of bitcoin BTC buys as the firm builds its bitcoin treasury. The Vivek Ramaswamy-founded firm will deploy alpha-generating strategies aimed … Read more
Crypto adoption by consumers increased in 2025, with the U.K. at the forefront, Gemini said in its ‘2025 Global State of Crypto’ report on Tuesday. U.K. ownership rose to 24% from 18% in 2024, while France hit 21% (up from 18%). The U.S. ticked up to 21%, and Singapore led with 28%, up from 26%, … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3278.52, up 1.9% (+60.88) since 4 p.m. ET on Monday. All 20 assets are trading higher. Leaders: AAVE (+5.3%) and NEAR (+4.8%).Laggards: POL (+0.6%) and BTC (+0.6%). The CoinDesk … Read more
Trump Media and Technology Group (DJT), the publicly-traded company that operates the social media site Truth Social, announced on Tuesday a $2.5 billion capital raise to create a bitcoin BTC treasury. The company has entered into subscription agreement with about 50 institutional investors, issuing $1.5 billion in common stock and $1 billion in convertible senior … Read more
Wall Street investment bank Cantor said on Tuesday it has executed the first transaction of its new bitcoin BTC lending business as part of the firm’s plan to offer $2 billion in financing. The first firms to secure financing from the credit facility include Maple Finance, a crypto lender with over $1.8 billion of assets … Read more
Shares of sports marketing company SharpLink (SBET) rose 412% on Tuesday after it announced plans to create an Ethereum ETH treasury reserve strategy with involvement from the blockchain’s own co-founder, Joseph Lubin. The Minneapolis-based firm, founded in 1995, is currently trading at $34.45, up from $7 Friday, with a market cap now of $23 million. … Read more
Ethereum ETH has staged an impressive recovery in the past 24 hours, climbing 3.8% amid significant market volatility. The second-largest cryptocurrency found solid support at $2,530, where exceptional trading volume (242,521 ETH) created a clear bottoming pattern. This was followed by a decisive breakout during the early trading hours, supported by massive volume surges exceeding … Read more
As bitcoin BTC enters this week’s Bitcoin Conference in Las Vegas priced at roughly a record high above $109,000, traders and analysts are closely watching whether it what’s become a trend of poor performance after these events. Historical data compiled by Galaxy Research across five prior conferences from San Francisco in 2019 to Nashville in … Read more
Bitcoin Magazine1.5 Million Users to Access Bitcoin’s Lightning Network on Xverse thanks to Sati Sati, a Bitcoin payments app and Lightning infrastructure provider, today announced the launch of its Lightning integration with Xverse, a Bitcoin wallet used by over 1.5 million people worldwide. Thanks to the integration, Xverse users can now send and receive sats (Bitcoin’s … Read more
Solana SOL is expected to underperform ether ETH over the next two to three years, investment bank Standard Chartered (STAN) said in a research report Tuesday initiating coverage of the cryptocurrency. The bank expects the ether/solana ratio to increase from 14 currently to 17 by the end of 2027, before falling off again. For solana, … Read more
