Bakkt Raises $300 Million in Series B Funding
Bakkt secured $300 million in a Series B funding round, backed by major companies. The Bakkt app aims to integrate diverse digital assets this summer.
Source: theblock.co —
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US Ethereum ETFs Top $4B in Net Inflows
US spot Ethereum ETFs have crossed $4 billion in net inflows as the first anniversary approaches, with Fidelity's funds leading in recent gains.
Source: theblock.co —
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Ledger Launches Recovery Key for Crypto Wallets
Ledger introduces Recovery Key, a physical key for effortless crypto wallet recovery, enhancing security options for users.
Source: theblock.co —
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Ark Invest Sells $110M Circle Shares Amid Surge
Ark Invest sold $109.6 million in Circle shares as the stock surged post-IPO. Circle's price was buoyed by U.S. Senate's stablecoin bill passage.
Source: theblock.co —
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Bitcoin Rises as Iran-Israel Announce Ceasefire
Bitcoin and Ethereum surged as President Trump announced a ceasefire between Iran and Israel, shifting market focus to macroeconomic indicators.
Source: theblock.co —
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Geopolitical Tensions Boost Polymarket Interest
Geopolitical events and NBA outcomes have spurred a rise in open interest on Polymarket, even though active traders and trade volume have declined.
Source: theblock.co —
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ConsenSys: The Engine of Ethereum's Ecosystem
ConsenSys, led by Joe Lubin, is a key force in Ethereum's growth, fostering a strong developer community and driving innovation across various industries.
Source: theblock.co —
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Ex-Coral Capital Execs Launch BNB Firm, Seek $100M
Former Coral Capital leaders are launching a new venture to invest in BNB, Binance’s token. They aim to raise $100 million and plan a Nasdaq listing.
Source: theblock.co —
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Circle's Stock Soars Post-IPO Approaching Coinbase
Circle's stock recently surged 600% post-IPO, nearing the market cap of Coinbase. The crypto landscape is shifting with new legislative acts influencing the market.
Source: theblock.co —
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Trump Media's $400M Stock Buyback and Bitcoin Plans
Trump Media plans a $400 million stock repurchase while maintaining its Bitcoin treasury strategy funded by a $2.3 billion private placement.
Source: theblock.co —
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Blockchain Project CEO Ousted Amid Fraud Scandal
Self Chain's CEO faces removal over a $50 million fraud allegation. Paradigm invests $15 million in a fast DEX, and OKX explores a US IPO.
Source: theblock.co —
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Canaan to Close AI Semiconductor Business
Canaan will shut down its non-core AI semiconductor business to concentrate resources on its core crypto mining operations.
Source: theblock.co —
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Coinbase Price Target Rises to $421
Benchmark analyst Mark Palmer increased Coinbase's price target to $421, citing transformational catalysts including regulatory wins and new product launches.
Source: theblock.co —
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Anthony Pompliano Raises $750M for Bitcoin Firm
Anthony Pompliano raises over $750 million to form ProCap Financial, a Bitcoin treasury entity intended to amass $1 billion in Bitcoin.
Source: theblock.co —
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Ethereum Gas Fees Spike Amid Rising Transactions
Ethereum's transaction volume and gas fees have reached multi-month highs due to rising NFT trade and market dynamics.
Source: theblock.co —
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