Viant Technology (DSP), an ad tech company, could unlock significant shareholder value by adopting a bitcoin (BTC) treasury strategy according to Eric Semler, the chairman of Semler Scientific (SMLR), the scientific-equipment maker that also adopted a bitcoin-buying policy. Viant joins Zoom Communications (ZOOM) and Coursera, Inc. (COUR) on Semler’s list of “Zombie Zone” companies that, … Read more
Bitcoin and broader crypto markets were little changed in the past 24 hours with exchange-traded funds (ETFs) tracking the asset attracting over $590 million in inflows on Monday, extending a six-day streak. That marked a week of inflows for the first time since late March, coming as bitcoin’s appeal as a safe-haven asset continues to … Read more
Alex Mashinsky, the founder and former CEO of collapsed crypto lender Celsius Network, faces the prospect of spending the next two decades behind bars if the U.S. Department of Justice’s sentencing memo request is granted. In the memo filed late Monday, the DOJ urged the court to impose a 20-year prison sentence, calling the crimes … Read more
Bitcoin-friendly Conservative Leader Pierre Poilievre will no longer be a Member of Parliament after losing his seat in an election which saw Mark Carney’s Liberal Party secure enough seats to form at least a minority government. Data from Elections Canada, reported by the CBC, shows Poilievre lost his Ottawa-area seat to Liberal Brunce Fanjoy on … Read more
Bitcoin (BTC) fell early in the U.S. trading session, but mostly held firm as poor macroeconomic news rolled in. The top cryptocurrency late in the day was trading just below $95,000, up 0.5% over the past 24 hours. The CoinDesk 20 — an index of the top 20 largest cryptocurrencies by market capitalization excluding memecoins, … Read more
Coinbase Asset Management is rolling out a new fund for institutions to receive a yield on their bitcoin (BTC) holdings. Opening on May 1 for non-US institutional investors, the Coinbase Bitcoin Yield Fund aims to deliver a 4% to 8% annualized net return, according to a press release on Monday. Among those backing the fund, … Read more
Mastercard is moving deeper into the digital asset economy by launching new global capabilities to support stablecoin payments across its vast merchant network, the company announced Monday. The payments giant is working with crypto exchange OKX to roll out the “OKX Card,” aimed at linking crypto trading and Web3 activities with everyday spending. Meanwhile, merchants … Read more
Bitcoin (BTC) miners’ first-quarter results may disappoint because the hashprice, a measure of daily mining profitability, fell further and trade tariffs weighed on the market, asset manager CoinShares (CS) said in a blog post on Friday. “Q2 results may show deterioration, as tariffs on imported mining rigs range from 24% (Malaysia) to 54% (China),” analysts … Read more
Tether’s gold-backed stablecoin, Tether Gold (XAUT), reached a $770 million market capitalization as of April 28, according to the company’s first attestation under El Salvador’s financial regulations. “While central banks are stacking up hundreds of tons of gold, XAUt is set to become the standard tokenized gold product for the people and institutions,” Tether CEO … Read more
Marco Santori, the former chief legal officer at Kraken, has joined Pantera Capital as a general partner on the investment team. Santori, who stepped down from Kraken in January of 2025, will focus on expanding Pantera’s crypto portfolio, while acting as a resource for portfolio companies on regulatory compliance and strategic growth, according to a … Read more
