Business
Robinhood Unveils Layer-2 Testnet Amid Ethereum Scaling Debate
Robinhood has launched its Ethereum layer-2 blockchain testnet, marking a pivotal moment in crypto integration, alongside institutional backing for LayerZero.
John Nada•Feb 11
Business
Business
Crypto companies, TradFi partnerships, funding rounds, and M&A(225 articles)
Business
Bankman-Fried Accuses Biden DOJ of Witness Intimidation in Fraud Case
Sam Bankman-Fried claims the Biden DOJ intimidated witnesses in his fraud case, seeking a new trial based on this alleged misconduct.
John Nada•Feb 11
Business
Bitcoin and Ether Decline, Impacting Crypto-Related Stocks Amid Gold Rally
Bitcoin and Ether face declines affecting crypto stocks, while gold rallies. Institutional products from Spark aim to bridge offchain and DeFi markets.
John Nada•Feb 11
Business
Bankman-Fried Seeks New Fraud Trial, Citing New Witness Testimony
Sam Bankman-Fried requests a new trial on fraud charges, citing new witness testimony that could challenge his conviction. This case highlights ongoing regulatory concerns in crypto.
John Nada•Feb 10
Business
Bitcoin ETFs Experience Rebound with Strong Institutional Inflows
Bitcoin ETFs see a rebound with $145 million in fresh inflows, hinting at stabilizing institutional demand amid market volatility.
John Nada•Feb 10
Business
SoftBank Shares Surge 10% Amid Telecom Unit Profit Boost
SoftBank Group shares jumped over 10% after its telecom arm raised profit outlook. Renewed optimism around Arm Holdings bolstered this bullish sentiment.
John Nada•Feb 10
Business
Trump's Bitcoin Reserve Order Lacks Support and Mechanism
Despite Trump's order for a bitcoin reserve, no federal mechanism exists for purchases. Speculation from Cramer fails to align with the current regulatory landscape.
John Nada•Feb 9
Business
Galaxy Digital Approves $200 Million Buyback, Shares Surge 18%
Galaxy Digital's share buyback plan of up to $200 million boosts investor confidence, with shares rising significantly after the announcement.
John Nada•Feb 9
Business
ARK Invest Sells $22M in Coinbase Shares, Increases Bullish Stake
ARK Invest has sold $22 million in Coinbase shares while increasing its stake in Bullish, signaling a notable shift in its investment strategy.
John Nada•Feb 8
Business
Bitfarms Transforms into Keel Infrastructure, Shifts Focus to AI
Bitfarms rebrands as Keel Infrastructure, focusing on AI data centers and relocating to the U.S. This shift reflects a significant strategic pivot in its operations.
John Nada•Feb 8
Business
Treasury Secretary Bessent Criticizes Crypto Firms Rejecting Regulations
Treasury Secretary Scott Bessent criticizes crypto firms opposing regulation, urging support for the Clarity Act to stabilize the industry.
John Nada•Feb 8
Business
Erebor Bank Secures First National Charter Under Trump’s Second Term
Erebor Bank receives the first national charter under Trump’s second term, targeting tech startups and integrating blockchain payments.
John Nada•Feb 7
Business
BlackRock Bitcoin ETF Options Surge Amid Market Chaos
BlackRock's IBIT ETF options trading soared to 2.33 million contracts amid a bitcoin crash, raising concerns over potential hedge fund fallout. The market's reaction highlights the ETF's influence.
John Nada•Feb 7
Business
Coinbase Users Face $170 Million in Liquidations Amid Crypto Plunge
Coinbase users face record losses as crypto-backed loans result in $170 million in liquidations amid a sharp decline in Bitcoin and Ethereum prices.
John Nada•Feb 7
Business
Citi Lowers Coinbase Price Target Amid Market Turmoil
Citigroup has reduced its price target for Coinbase to $400, citing a tumultuous market and uncertainty in U.S. legislation. This reflects ongoing challenges within the crypto sector.
John Nada•Feb 6
Business
Bitcoin Miners IREN and CleanSpark Face Earnings Fallout Amid Market Crash
Shares of IREN and CleanSpark plunged after both missed revenue estimates, highlighting ongoing struggles for Bitcoin miners amid market volatility.
John Nada•Feb 6
Business
BlackRock’s IBIT Breaks Daily Volume Record Amid Bitcoin Crash
BlackRock’s IBIT ETF saw record trading volume of $10 billion amid Bitcoin's 12% drop. The ETF struggles with outflows and price declines.
John Nada•Feb 6
Business
Estée Lauder Faces $100 Million Tariff Hit as Stock Plummets
Estée Lauder expects a $100 million hit to profitability from tariffs, causing its stock to plunge over 20%. A turnaround plan is underway amid these challenges.
John Nada•Feb 5
Business
Tether's $100M Investment Solidifies Anchorage Digital Partnership
Tether's $100 million investment in Anchorage Digital solidifies their partnership and reflects confidence in regulated crypto banking's growth.
John Nada•Feb 5
Business
XRP's 15% Drop Leads Crypto Market into Extreme Fear
XRP's 15% drop leads the crypto market into 'Extreme Fear,' with significant losses across major cryptocurrencies. Investor confidence is wavering amid heavy liquidations.
John Nada•Feb 5