Market News
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Eric Balchunas Says, “Private Credits Are Deathly Afraid of An Actual Market”
Private credit resists real-time pricing, raising concerns about hidden risks and stability. DeFi offers 24/7 transparency, contrasting with private credit’s…
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Aurora Mobile Adds Bitcoin and Ethereum to Treasury Plan
Aurora Mobile will invest up to $3 million from its reserves into digital assets. The firm’s stock rose 10% after…
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Polymarket to Raise $200M and Reach Over $1B in Valuation
Polymarket aims to raise $200 million, which may push its valuation over the $1B mark. Website traffic reached 15.9 million…
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Japan FSA Proposes 20% Crypto Tax and Bitcoin ETF Approval
Japan plans to slash crypto tax from 55% to 20% under proposed FSA regulatory reforms. Bitcoin ETFs may launch in…
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Nano Labs Announces $500M in Convertible Notes for BNB Treasury
Nano Labs secures a $500M convertible notes deal to fuel its crypto investment strategy. The company plans to acquire $1…
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Digital Asset’s Canton Network Secures $135M for Fast Growth
Digital Asset secures $135M to boost adoption of the privacy-focused Canton Network. Canton Network provides configurable privacy to tackle blockchain…
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Hacken Token Crash Reveals Human Error Risks in Crypto Security
Hacken’s $HAI token plunged 99% after a compromised wallet minted 1B new tokens. The exploit resulted from human error during…
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Bitcoin Drops to $98K And $693M Liquidated in 24 Hours
Bitcoin fell below $99K and touched $98.2K before recovering to trade slightly above $101K. ETH broke support and hit $2,115…
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Crypto Weekly Digest June 21: GENIUS Act Passes The Senate
Hey folks! Welcome to this week’s edition of the Crypto Weekly Digest, and join us in our journey of delivering…
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Bitcoin ETFs Surge While Solana and XRP Await Greenlight
Bitcoin ETFs now hold over $70B in assets, led by BlackRock’s IBIT with 31 days of inflows. Institutions sold just…
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Hong Kong Drafts Strategy to Lead Global Stablecoin Market
Hong Kong aims to lead global stablecoin issuance with a six-step strategic plan. The plan includes developing RMB-backed stablecoins and…
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Davis Commodities Plans to Invest $30M in Blockchain and Bitcoin
Davis Commodities Limited has drafted an investment plan for $30M to launch a blockchain-powered platform. The company plans to hold…
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