Fold Sells $45M in Bitcoin at $71K to Clear $20M Debt and Fund Growth
Bitcoin-focused financial services firm Fold (FLD) announced it has sold approximately $45 million worth of its Bitcoin holdings at an average price of
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Crypto News
Zcash (ZEC) Spikes 3.51% in Minutes, Breaks $428 Level
Zcash (ZEC) experienced a sharp upward move on the Bitcoin World exchange, surging 3.51% within a five-minute window. The digital asset was last
Crypto News
US May CPI Rises 4.2% Year-over-Year, Matching Forecasts: What It Means for Fed Policy and Crypto Markets
The U.S. Department of Labor reported Wednesday that the Consumer Price Index (CPI) for May rose 4.2% from the same month last year,
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Pyth Network expands into real-world assets with indices for US stocks, gold, and oil
Pyth Network (PYTH) has introduced a new product line called Pyth indices, designed to track the price movements of major U.S. equities, gold,
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Bitcoin’s Decline May Signal Looming US Stock Market Correction, Bloomberg Analyst Warns
Bitcoin’s recent price weakness may not be an isolated crypto event but a leading indicator for a broader pullback in U.S. equities, according
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Economist Warns In-Line Inflation Isn’t Bullish, Urges Strait of Hormuz Resolution Before Fed Meeting
Inflation data that meets expectations may not be the positive signal markets hope for, according to Brian Jacobsen, chief economist at Annex Wealth
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US equipment finance firm Trad.Fi to tokenize up to $650M in loans on Base, Arch, and Avalanche
U.S. equipment finance company Trad.Fi has announced plans to tokenize up to $650 million in equipment loan receivables on the Base, Arch, and
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Whale Opens $49.55M Long Bitcoin Position on Hyperliquid With 5x Leverage
A previously unidentified whale address, starting with 0xebe, has opened a $49.55 million long position in Bitcoin on the decentralized exchange Hyperliquid (HYPE).
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Bitcoin Miner Kiln Infrastructure Raises $458M in Convertible Notes for Data Center Push
Bitcoin mining company Kiln Infrastructure (KEEL) has announced the successful completion of a $458 million convertible note offering, signaling a major capital infusion
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Crypto Fundraising Hits 5-Year Low: Token Offerings Raise Just $58M in Q2
The crypto fundraising market has hit its lowest point in half a decade. Token offerings—including Initial Exchange Offerings (IEOs), Initial Coin Offerings (ICOs),
