Cathie Wood’s Ark Adds Coinbase Stock Despite Recent Decline
TL;DR Ark Invest purchased $18.4 million worth of Coinbase Global shares on Wednesday despite recent weakness in the stock. The firm also sold nearly $29 million
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From Hollywood to Crypto: A Major Celebrity Heads to Ripple Swell
The acclaimed Hollywood actor and philanthropist, Matt Damon, has been confirmed as one of the keynote speakers for the upcoming Ripple Swell technology event, which will
BitGo Stock Soars After Company Unveils $50 Million Share Buyback Program
BitGo Holdings announced this Wednesday a new U.S. share buyback program valued at $50 million, triggering an immediate 13% increase in its stock price ($BTGO). The
Half of Stablecoin Supply Is Sitting Idle on Exchanges, Signals Weak Market Rotation
TL;DR: Constant range: The exchange supply ratio on trading platforms has remained stable between 0.40 and 0.46 since December 2024. Concentration of reserves: The Binance exchange
Bittensor’s ‘Root Reborn’ Could Turn Validators Into On-Chain Fund Managers
TL;DR: Nature of the change: The proposed governance code modifies the automatic liquidation of rewards into an accumulation strategy. Mobilized capital: The Bittensor network emits approximately
SEC Eyes ‘Innovation Exemption’ to Bring Tokenized U.S. Stocks to Crypto Exchanges
TL;DR: Licensing exemption: The U.S. Securities and Exchange Commission (SEC) is preparing regulations to bypass parts of the traditional broker licensing architecture for crypto platforms. Operation
Crypto and TradFi Are Merging Faster Than Ever, According to Bitwise
Recently, Coinbase announced a massive system update to become an “Everything Exchange,” blurring the border between traditional finance (TradFi) and digital assets. According to Matt Hougan,
World Cup Frenzy Drives Prediction Markets to Record $10 Billion in Weekly Spot Volume
TL;DR Prediction market weekly spot volume surged to nearly $10 billion, setting a new industry record as the FIFA World Cup attracted traders worldwide. Kalshi remained
Plasma Launches Plasma One Neobank With Tiered XPL Membership System
The blockchain platform Plasma introduced Plasma One, a mobile banking application designed to save, send, and spend digital dollars through a Visa card. This development introduces
Trace Finance Secures $32M to Accelerate Stablecoin Adoption in Latin America and Asia-Pacific
TL;DR: Trace Finance processed more than $10 billion in cumulative cross-border transaction volume prior to this investment round. The $32 million Series A funding round was
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