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...
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...
Investors are turning to crypto and gold as a way to protect themselves from financial instability. This shift is happening because people are worried about the value of their money decreasing due to government debt and economic policies. Larry Fink, the CEO of BlackRock, has noticed this trend and described these investments as "assets of fear. " He believes that pe...
Evernorth, a new company focused on XRP, has made a splash in the crypto world. In just a week, it bought nearly $1 billion worth of XRP. This has already led to big gains, with Evernorth making about $75 million in profits. The company's move shows how big investors are starting to take XRP seriously. Evernorth's plan is different from other crypto companies. It wa...
Tesla made a cool $80 million from its Bitcoin stash in the third quarter of 2025. This profit came just from Bitcoin's price going up, not from selling any of it. Tesla still has about 11, 509 BTC, worth around $1. 31 billion as of September 30. That's up from $1. 23 billion in the second quarter. Tesla's Bitcoin adventure started in early 2021 when it bought $1. 5...
In Asia, big things are happening with crypto. Hong Kong is stepping up its game. Standard Chartered Hong Kong is set to start trading crypto ETFs soon. This comes as nearly 80% of wealthy clients there plan to invest in digital assets within a year. Over 30% already have some crypto. The city is also approving new crypto ETFs, like the first spot Solana ETF. But, it...
In Asia, big names are making big moves in crypto. Jack Ma, the founder of Alibaba, is diving deeper into Ethereum. His financial group, Yunfeng, just invested $22 million in a crypto insurance company. This company, Anthea, plans to launch an Ethereum-based life insurance product. Yunfeng also bought a lot of Ethereum, showing they believe in its future. But Jack M...
Kevin O'Leary, the famous investor from "Shark Tank, " has some strong opinions about crypto and the FTX bankruptcy. He thinks FTX will have the most successful bankruptcy in American history. Why? Because people who had money in FTX might get back more than they put in, especially those who invested in things like Solana and AI companies that have gone up in value. ...