Explore the intersection of cryptocurrency and traditional finance with the latest news, analysis, and insights on digital assets and global markets.
Finance
GRVT, a hybrid cryptocurrency exchange built on Ethereum's Layer 2 network ZKsync, has secured a $5 million strategic investment led by Further Ventures, a venture capital firm backed by Abu Dhabi's sovereign wealth fund, ADQ. This latest funding round brings GRVT's total capital raised
Finance
Business intelligence firm MicroStrategy has further solidified its position as a major Bitcoin holder, acquiring an additional 11,000 BTC for approximately $1.1 billion. The purchase, executed between January 13 and 20, was made at an average price of $101,191 per Bitcoin, according to a filing with the
Finance
Merit Systems, a startup with a mission to reshape the financial incentives within open-source software development, has secured $10 million in seed funding. The round, co-led by Andreessen Horowitz's crypto fund (a16z crypto) and Blockchain Capital, signifies a growing interest in creating sustainable economic models for the vital
Finance
PostFinance AG, a major Swiss bank wholly owned by the Swiss government, is deepening its involvement in the cryptocurrency space. The bank announced on Thursday that it will now offer Ethereum staking services to its customers, allowing them to earn passive income by participating in the network's validation
Finance
Asset management firm VanEck is launching a new exchange-traded fund (ETF) that provides exposure to the cryptocurrency space without directly holding digital assets. The fund, detailed in a January 15 filing, will focus on investing in "Digital Transformation Companies" and "Digital Asset Instruments," offering a unique
Finance
Fidelity Investments has made a significant move in the cryptocurrency market, purchasing 4,661 Bitcoin, worth a whopping $463 million, on January 15, 2025. This substantial acquisition underscores the growing institutional interest in Bitcoin and contributed to a resurgence in Bitcoin ETF inflows, which totaled $755 million after a period
Finance
MicroStrategy, the business intelligence firm renowned for its aggressive Bitcoin investment strategy, is planning a new move to raise capital: a $2 billion offering of perpetual preferred stock. This innovative approach, revealed in a recent announcement, signals the company's continued commitment to expanding its massive Bitcoin holdings and
Finance
Komainu, a digital asset custodian backed by Japanese financial giant Nomura, has secured a significant $75 million strategic investment from Blockstream, a leading Bitcoin infrastructure firm. The investment, funded directly in Bitcoin, will fuel Komainu's global expansion and accelerate the adoption of Blockstream's technologies, marking a
Finance
Boerse Stuttgart, a major European stock exchange group, is experiencing a surge in revenue thanks to its growing cryptocurrency business. The German exchange reported that its crypto trading volumes tripled in 2024, with digital assets now accounting for a significant 25% of its total revenue. This success story highlights the
Finance
World Liberty Financial (WLFI), a cryptocurrency project backed by President-elect Donald Trump, has moved $61.4 million worth of Ethereum (ETH) in the past 24 hours, according to blockchain analytics firm Arkham Intelligence. The transfer, which included funds moved to Coinbase Prime and other wallets, has sparked speculation within the
Finance
The Bank of England (BoE) is taking a significant step forward in its exploration of a central bank digital currency (CBDC) with the planned launch of a "Digital Pound Lab" this year. This initiative, part of the ongoing design phase for a potential digital pound, aims to foster
Finance
Deribit, the world's leading platform for Bitcoin and Ether options trading, is reportedly exploring potential acquisition opportunities, signaling a flurry of activity in the cryptocurrency mergers and acquisitions (M&A) market. The Panama-based company, which has seen its trading volumes soar alongside the recent crypto market rally,