Mutuum Finance (MUTM) is making waves in the crypto world. This new project is gaining attention because it offers a fresh approach to decentralized finance (DeFi). Unlike many established coins that are slowing down, Mutuum Finance is moving quickly through its development stages. The project is currently in Phase 2 of its roadmap, and a major audit by Halborn Secur...
Ondo Finance just made a bold move, buying $25 million worth of YLDS, a stablecoin from Figure Technology Solutions. This isn't just any purchase; it's a strategic step to make Ondo's tokenized fund more diverse and appealing. The YLDS stablecoin is now part of a bigger portfolio that already includes tokenized Treasury products from big names like BlackRock, Fideli...
In the world of digital money, some companies bet big on Ethereum. One such company, BitMine, aimed to own a big chunk of Ethereum, thinking it was a safe bet. But now, Ethereum's value has dropped a lot, and BitMine is facing huge losses. This isn't just a problem for BitMine; it's a sign of bigger issues in the world of companies that invest in digital money. BitM...
In a surprising turn of events, a significant investment in a crypto mining company has brought together two families with a complex history. The Scaramucci family, known for their Wall Street connections, has poured over $220 million into American Bitcoin. This investment is notable not just for its size, but also because of the family's ties to former President Tru...
Wall Street is diving headfirst into the crypto world. It's not just Bitcoin anymore. Big companies and hedge funds are putting serious cash into Ethereum, Solana, and other digital currencies. These are often called "altcoins. " The numbers are huge. Publicly traded firms have over $100 billion in Ethereum and $10 billion in other digital currencies. They are buying...
The crypto market is always full of surprises. Last week, Bitcoin (BTC) and Ethereum (ETH) ETFs saw a massive withdrawal of over $1. 7 billion. This might seem like bad news, but it's not the whole story. While Bitcoin and Ethereum ETFs were losing money, other cryptocurrencies like Solana (SOL) were gaining attention. Solana ETFs actually saw a boost of $137 millio...
The Czech Republic is diving into the world of cryptocurrency. The country's central bank has made a move that shows they're serious about understanding and possibly adopting digital currencies. They've put $1 million into a mix of Bitcoin, stablecoins tied to the U. S. dollar, and tokenized bank deposits. This isn't just about buying crypto; it's about learning how ...
Public, a popular investing app, has made a significant move into the world of cryptocurrency. They recently bought Alto's crypto business for a hefty $65 million in cash and stock. This deal gives Public access to about $600 million in assets under management, making it the first investing app to offer a full range of crypto assets in retirement accounts. Alto is k...
Ripple, a major player in the crypto world, just got a huge boost. They raised $500 million from some big names like Fortress Investment Group and Citadel Securities. But why does this matter? Well, Ripple plans to use this cash to grow in areas like custody, stablecoins, and prime brokerage. These are services that big institutions are getting more interested in. R...
Bitcoin's recent price drop has some folks scratching their heads, but not everyone is worried. Jordi Visser, a seasoned investor with over three decades of experience, has a different take. He thinks what's happening now is similar to what happens after a big initial public offering (IPO). Early investors, who've seen huge gains, are cashing out. This isn't necessar...