Public Bitcoin miners are increasingly being valued as AI infrastructure companies, but turning that narrative into reality could require roughly $50 billion …
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TL;DR Morpho raised $175 million in a new financing round. The round was co-led by Paradigm, a16z crypto, and Ribbit Capital. The …
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DeFi
DeFi lender Morpho nears $2B valuation after $175M raise led by Paradigm and a16z
by shayaanby shayaanDecentralized lending platform Morpho has secured $175 million in fresh funding from investors including Paradigm, Ribbit Capital, and a16z crypto, giving the …
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Finance
Bitcoin Stocks, Led By Strategy (MSTR), Take a Beating as BTC Price Sells Off
by shayaanby shayaanBitcoin fell into the mid-$67,000s on Tuesday, dragging the entire ecosystem of crypto-linked equities with it. Bitcoin shed more than 11% over …
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Markets
Bitcoin Enters Buy Zone That Previously Led To A 660% And 1,700% Rally
by shayaanby shayaanCrypto pundit Vivek has revealed that Bitcoin has entered a buy zone that led to parabolic rallies in the previous bull cycles. …
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Finance
Bank of America reveals $53.1M in crypto ETF holdings, led by BlackRock’s Bitcoin fund
by shayaanby shayaanBank of America (BofA) has disclosed approximately $53.1 million in crypto-related exchange-traded fund (ETF) holdings in its latest quarterly filing with the …
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IOTrader, a decentralized finance protocol built on the $BNB Chain, has secured $3.8 million in a strategic investment round, marking a significant …
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Finance
Sorted Wallet Raises $4.4M Seed Round Led by Tether and Gnosis to Expand in Emerging Markets
by shayaanby shayaanSorted Wallet, a cryptocurrency wallet designed for feature phones and low-bandwidth environments, has raised $4.4 million in a seed funding round. The …
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Markets
Peer-to-peer trading startup Variational raises $50 million for real-world perps in funding round led by Dragonfly
by shayaanby shayaanThe company is initially offering perpetual futures on real-world assets including oil, silver, copper and gold. www.coindesk.com
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Finance
Tokenized ETFs Surpass $430 Million in Onchain Market Cap, Led by Ondo Finance’s IVVon
by shayaanby shayaanTokenized exchange-traded funds have reached $430 million in combined onchain market capitalization, according to Token Terminal data published Friday. Ondo Finance’s $IVVon …