New Galaxy Ventures Fund to Invest in Stablecoins and Payments Startups
TL;DR Fundraising Milestone: Galaxy Ventures Fund I LP shattered its initial $150 million target and is now set to top between $175 million and $180 million
Latest news from: Carrillo J.M.
Carrillo J.M.
Carrillo J.M, is a seasoned writer with over six years of experience, is a passionate advocate for blockchain and cryptocurrencies. He is convinced that these technologies will play a significant role in our future. Currently, José dedicates his time to producing news stories and conducting in-depth analyses of various crypto projects, as well as performing technical analyses of different cryptocurrencies
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Stablecoin sUSD Crashes Below $0.80 as Synthetix Founder Dumps 90% ETH
TL;DR sUSD Depeg Crisis: Synthetix’s stablecoin sUSD has plunged below $0.80 amid significant protocol changes that have unsettled investors and traders. Impact of SIP-420 Upgrade: The
China’s Massive Bitcoin Sell-Off Exposed: $16B Liquidated Through Private Firms
TL;DR Covert $16B Liquidation: Private firms are facilitating a covert sell-off of $16 billion in seized Bitcoin, even as China maintains its strict crypto ban. Secret
Mastercard and Bleap Partner to Expand Stablecoin Payment Infrastructure
TL;DR Innovative Partnership: Mastercard and Bleap team up to integrate stablecoins into everyday payments by combining Mastercard’s global network with Bleap’s blockchain-powered, non-custodial wallet. Seamless On-Chain
Bitcoin Struggles at $84K as Crypto Market Sheds 2.20%
TL;DR Bitcoin Pulls Back: Bitcoin dips below $84K from a recent peak near $84,200, with the broader crypto market contracting by about 2.2% in the last
VanEck Proposes Bitcoin-Backed Bonds to Address $14T Refinancing Need
TL;DR Hybrid Financing Innovation: VanEck introduces BitBonds—a 10-year debt instrument combining 90% U.S. Treasury bonds with 10% Bitcoin exposure—to tackle the U.S. government’s $14 trillion refinancing
Growing Pressure Forces Bitcoin Miners to Sell Large BTC Holdings
TL;DR Bitcoin Miners under Pressure: Rising operational costs and declining BTC prices force Bitcoin miners to sell significant BTC reserves to cover expenses. Massive Sell-Off: On
Analyst Warns: “Pi Network Could Be Next” After Mantra’s Collapse
TL;DR Mantra’s collapse shock: The OM token crash knocked over $5.5 billion off the market by plummeting over 90%, exposing severe risks from poor transparency and
Grayscale’s Ethereum ETF Staking Approval Pushed to June by SEC
TL;DR SEC Delay: The decision on Grayscale’s Ethereum ETF staking proposal has been postponed from mid-April to June 1, 2025, extending the review period for the
Tether Unleashes Hashrate on OCEAN, Pioneering a Decentralized Bitcoin Future
TL;DR Tether shifts its Bitcoin mining power to the OCEAN pool, reinforcing its commitment to decentralization and reducing reliance on traditional mining intermediaries. The deployment leverages
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