In brief Bitcoin funds led with $1.12 billion in weekly inflows as BTC cleared two-month highs, hitting $77,900 last week amid an improving geopolitical outlook. Ethereum products also saw their strongest week since January with $328 million inflows, while XRP and Solana bled $58 million combined. Switzerland posted $138 million outflows, a sharp divergence from…
In brief Ripple will design, build and propose a new amendment to the XRP Ledger ecosystem for native post-quantum cryptography by 2028. The plan addresses Google research showing future quantum computers could derive private keys from exposed public keys in nine minutes. XRPL supports native key rotation, allowing users to move away from potentially vulnerable…
In brief Polymarket is reportedly seeking to raise $400 million at a $15 billion valuation in a new funding round. The round follows a $600 million investment from NYSE parent company Intercontinental Exchange, which brought its total investment in the prediction market to $2 billion. Rival prediction market Kalshi saw its valuation double to $22…
In brief Ocean Network is launching a decentralized peer-to-peer compute network that leverages idle and underused GPUs. Users will be able to run code without having to manage the infrastructure themselves or leave VS Code, Cursor, or Windsurf. The project uses Circle’s USDC deployed on Coinbase’s Base blockchain, an Ethereum Layer 2, for instant settlements….
Bitcoin (BTC) erased losses after Monday’s Wall Street open as markets largely shrugged off the return of the US-Iran war. Key points: Bitcoin joins stocks in a muted reaction to the latest US-Iran deterioration and closure of the Strait of Hormuz. BTC price manages to top 2.5% daily upside despite the lack of resolution. Analysis…
In brief Coinbase launched crypto-backed USDC lending for U.K. users on Monday. Bitcoin holders can borrow up to $5 million in USDC, with Ethereum-backed loans capped at $1 million. The service uses Morpho, an open-source lending protocol on Ethereum layer-2 network, Base. Crypto exchange Coinbase has expanded its lending service, now allowing U.K. customers to…
Bitmine Immersion Technologies, the world’s largest public holder of Ether, increased its ETH treasury last week with another large purchase. The company acquired 101,627 ETH during the week of April 13 to April 19, according to a press release and an accompanying Form 8-K filing with the US Securities and Exchange Commission on Monday. The…
In brief BitMine Immersion Technologies added 101,627 ETH or around $235 million worth last week. It’s the firm’s largest purchase since December and brings its total holdings to nearly 5 million Ethereum, or $11.5 billion worth. Shares of BMNR are down more than 3% on Monday, but have ticked up nearly 6% in the last…
Japan Securities Clearing Corporation (JSCC), part of Japan Exchange Group (JPX), said Monday it will launch a proof of concept with Mizuho Financial Group, Nomura Holdings and Digital Asset to test the use of Japanese government bonds as digital collateral on the Canton Network. The project will examine whether Japanese Government Bonds (JGBs) can be…
RavenDAO’s RAVE token lost over 98% of its value over the weekend, and the hourly chart now warns of another massive drop in the coming days. Key takeaways: RAVE chart hints at 50%-plus drop next On the hourly chart, RAVE continues to trade inside a descending channel, with lower highs and lower lows forming between…