Crypto News

- Financial firms from Stripe to Circle are building their own blockchains—here’s why Building blockchains is the newest fad in fintech. The U.S. crypto exchange Coinbase has one. The online brokerage Robinhood announced its plans to launch its own blockchain in June, and its competitor eToro is considering its own. And, now, the fintech giant Stripe and the stablecoin issuer Circle are getting in on the action. Stripe is developing what it calls Tempo, a payments-focused blockchain, according to a since-deleted job posting and sources familiar with the matter. And Circle said Tuesday morning that it’s building what it calls Arc, a blockchain designed for stablecoins, or cryptocurrencies pegged to underlying assets like the U.S...

- CoinDesk Owner Bullish Shares Indicated to Open Nearly 62% Above IPO Price in Debut Shares of cryptocurrency exchange operator Bullish were indicated to open nearly 62% above their IPO on Wednesday. This signals growing investor confidence in the sector and boosts prospects for future U.S. listings by other digital asset firms. If the stock starts to trade at the last indicated range of $55 to $60 on the NYSE, it could potentially value the billionaire venture capitalist Peter Thiel-backed company at nearly $8.77 billion. Bullish raised $1.11 billion in the largest U.S. listing by a digital assets company this year. This marks another sign of mainstream adoption in a sector that recently topped $4 trillion in market value...

- Pump.fun Rival Bags Hits $1bn in Trading Volumes Memecoin launchpads are multiplying, but a platform called Bags seems to have found a way to stand out: pay royalties to the artists and internet personalities who created the memes. The strategy seems to be working. The platform has amassed more than $1 billion in trading volume in the last 30 days, according to data from Jupiter, a Solana decentralized exchange aggregator. The two market leaders’, Letsbonk and Pump.fun, 30-day numbers of $14 billion and $13 billion dwarf that figure. Still, it’s a significant early grab at market share from a platform that only launched in May. Right now, Bags is the fastest growing memecoin launchpad on Solana based on revenue, according to...

- CoreWeave Stock Drops as Nvidia-Backed Firm's Loss Exceeds Forecasts Key Takeaways CoreWeave (CRWV) shares dropped more than 10% Wednesday, a day after the Nvidia-backed provider of artificial intelligence (AI) computing reported a much larger-than-expected loss as costs skyrocketed. The company posted a second-quarter loss of $0.60 per share, while analysts surveyed by Visible Alpha had anticipated a loss of $0.45 per share. Revenue soared 207% year-over-year to $1.21 billion, beating estimates. Operating expenses jumped 276% to $1.19 billion, also more than anticipated. Co-founder and CEO Michael Intrator explained that CoreWeave was "scaling rapidly as we look to meet the unprecedented demand for AI." CFO Nitin Agrawal added...

- Bullish Prices IPO at $37 Per Share, Valuing Crypto Exchange Above $5 Billion Ahead of Market Debut Cryptocurrency exchange operator Bullish (BLSH) is set to go public Wednesday at a valuation north of $5 billion as the IPO market looks set to continue a strong summer. The company, which operates a crypto exchange and owns the prominent trade publication CoinDesk, announced that it had priced its IPO at $37 per share, above the $32-$33 range the company had anticipated for its public market debut. Bullish first attempted to go public via a SPAC merger in 2021 that would have valued the company at $9 billion. However, the deal did not materialize due to regulatory scrutiny, leading Bullish to withdraw its registration. This is the...

- Key Points XRP (CRYPTO: XRP), the world's third-largest cryptocurrency, which has a market cap over $177 billion, recently passed $3. While the cryptocurrency continues to be volatile, XRP has had an epic run since President Donald Trump won the election last November, ushering in a new, more welcoming regulatory era for cryptocurrencies. XRP has benefited immensely. With the token hovering around the $3 level, as of this writing, is $4 on the horizon? What could catapult XRP higher One of the reasons XRP benefited from Trump's win so much is that the Trump administration installed new cabinet members to lead most regulatory agencies such as the Securities and Exchange Commission (SEC). In 2020, the SEC sued Ripple, the company...

Could Ethereum Hit $5,000 Before 2026? Great investing often comes down to asking simple questions at the right time. Today's biggest questions about Ethereum (CRYPTO: ETH) are whether it can surpass the $5,000 level and, more importantly, what drivers are in play to make such a move happen. It's currently priced in the mid-$4,000s, so getting the answers right means potentially capturing some significant upside. Strong and persistent tailwinds are already blowing. The chain just locked in a major upgrade, its exchange-traded funds (ETFs) are gathering serious assets, its staking is delivering a meaningful yield, and corporate treasuries are showing up to buy and tighten the supply. Here's how that stack could be enough to nudge this...

- Peter Thiel-Backed Bullish Is About to IPO. Should You Buy BLSH Stock? Hoping to follow the blockbuster initial public offerings of peer crypto companies Circle (CRCL) and eToro (TORO), Peter Thiel-backed Bullish is set to make its debut and could start trading as soon as today, Aug. 13. Will Thiel, who had earlier backed retail darling Palantir (PLTR), be proven right again, and should investors buy BLSH stock once it starts trading? About Bullish Founded in 2020, with former New York Stock Exchange President Tom Farley as its CEO, Bullish is a regulated, institutional-grade cryptocurrency exchange and digital asset infrastructure platform. It supports both spot and derivatives trading, backed by blockchain-powered order systems...

- Liquidations Don’t Discourage DeFi Lending But Make Users Borrow More, New Study Says In the traditional financial world, when a borrower defaults on their debt it’s typically a crushing blow that most struggle to recover from. But in decentralized finance, it appears that the opposite is true. Those who have their collateral liquidated on DeFi lending protocols aren’t discouraged from borrowing again — it actually makes them borrow more often. That’s according to a new study from Gregory Gadzinski and Vito Liuzzi, two finance and economics researchers at the International University of Monaco, who published their findings in Economics Letters, an economics journal, on July 31. “Despite the adverse shock of liquidation, we find...

- 1Kosmos secures $57m for passwordless authentication US-based 1Kosmos has completed its Series B funding round, securing $57m to enhance its identity verification and passwordless authentication platform. This funding includes a $10m credit line from Bridge Bank, with Forgepoint Capital and Origami’s Oquirrh Ventures leading the round. Additional participants include Craig Abod of Carahsoft, Gula Tech Adventures, NextEra Energy Ventures, and the management team of 1Kosmos. This latest investment brings 1Kosmos's total funding to more than $72m, following a $15m Series A round in early 2021 from ForgePoint Capital. The company provides remote identity verification and passwordless multi-factor authentication solutions across...

- ‘What Tariffs? Who Cares?’ as Inflation Data Ignites Risk Assets (Bloomberg) -- Global investors dived into the riskiest assets after a benign US inflation report dispelled fears of stagflation and lifted a roadblock for the Federal Reserve to cut interest rates. Stocks jumped to fresh record highs, and small-cap stocks, emerging markets, and semiconductors extended a rally. Measures of implied volatility plunged even as President Donald Trump's tariffs threaten to disrupt global trade. The crypto rally has also broadened, with Ether notching a 55% jump in the past month. Meme stocks are seeing a resurgence in popularity. The moves underscore the roaring optimism that’s been unleashed in the past few months. Fears over a looming...

- Key Points XRP (CRYPTO: XRP) has been on an incredible run since the 2024 presidential election. It's up 559% over that time period, going from a price of about $0.50 to $3.30 at the time of this writing (Aug. 9). Investors believed a crypto-friendly Trump administration would be good for XRP, and they've largely been proven correct. On Aug. 7, 2025, XRP's parent company, Ripple, and the Securities and Exchange Commission (SEC) jointly agreed to drop their appeals, bringing an end to their long legal battle. Many crypto analysts are expecting XRP to keep growing over the next five years. Asset manager Bitwise believes XRP could rise to $12.68 by 2030 with steady growth, but it also gives a range of $0.13 to $29.32 depending on XRP...

- The Takeaway Riding high from a series of legislative wins and a wave of new financial initiatives, crypto investors are on the up and up. Another blast of positive catalysts has given the crypto world even more room to run this week. And most notably, the big news items don't really involve bitcoin. Circle (CRCL), the issuer of the second-largest stablecoin, posted better-than-expected quarterly revenue for the first time since going public. Bitmine (BMNR), an Ethereum treasury company, announced plans to sell up to another $20 billion worth of stock to boost its holdings of the cryptocurrency. And an array of popular altcoins are gaining ground. The moves collectively reflect the warm embrace of the Trump administration, which...

- Key Takeaways Eastman Kodak (KODK), after more than 100 years in business, may not be long for this world. The company issued a “going concern” warning on Monday, informing investors it lacks the financing or adequate cash flow to pay debt that’s coming due in the next 12 months. Kodak, once one of the largest companies in the world and a developer of cutting-edge technology, fell victim to the digitization of photography and, after years of declining sales, declared bankruptcy in 2012. It emerged from bankruptcy focused on printing technology and specialty chemicals while licensing its brand name on the side. That line of business roped it into a questionable venture in the world of cryptocurrency at what proved to be an...

- Standard Chartered lifts year-end ether forecast to $7,500 Improved Industry Engagement Standard Chartered raised its year-end target for ether to $7,500 from $4,000 on Wednesday, citing improvement in industry engagement in recent months and emergence of Ethereum treasury companies. Revised Long-Term Forecast The brokerage also raised its 2028 year-end ether forecast to $25,000 from $7,500. World's no.2 cryptocurrency was last trading at $4,679.47, a level last seen in November 2021. This article has been published in reuters.com via Yahoo News. https://finance.yahoo.com/news/standard-chartered-lifts-end-ether-093902705.html

- Crypto Firm Bullish Raises $1.1 Billion in IPO Priced Over Range Bullish raised $1.1 billion in an initial public offering, pricing its shares above the marketed range. The digital-asset exchange operator and owner of media outlet CoinDesk sold 30 million shares Tuesday for $37 each, the company said in a website statement dated Tuesday. They were earlier marketed at $32 to $33 apiece. At the IPO price, Bullish would have a market value of $5.4 billion based on the outstanding shares listed in its filings with the US Securities and Exchange Commission. Bullish on Monday had increased the number of shares it planned to offer to 30 million and raised the price range, a filing showed. The IPO was more than 20 times oversubscribed...

- Bullish Prices IPO Above Range to Raise Over $1.1 Billion NEW YORK (Reuters) - Bullish, a cryptocurrency exchange operator backed by billionaire Peter Thiel, announced its U.S. initial public offering was priced above the indicated range at $37 per share. The offering raised $1.11 billion based on 30 million shares sold, valuing the company at $5.41 billion. Bullish previously aimed to price its offering between $32 and $33 per share. The share sale comes as IPOs are rebounding, following a dry spell for U.S. equity capital markets lasting over two years. Stablecoin issuer Circle Internet upsized its initial IPO in early June due to strong investor demand, with its shares increasing by more than 400% since then. Shares of design...

- Ether Eyes Record High as Options Traders Bet Big on ETH's $5K Breakout Ethereum's native token, ether (ETH), continues its powerful surge, sparking frenzied activity in the Deribit-listed options market, where traders are making bullish bets on further upside. Over the past 24 hours, traders have spent more than $5 million on the $5,000 strike call option expiring on Sept. 26, per data tracked by Amberdata. The buyers are betting on an ETH breakout above $5,000 by the end of this quarter. As of writing, ether changed hands at $4,670, representing a 26% gain for the month, according to CoinDesk data. Traders also picked up calls at the $5,500 and $6,000 strikes and bull call spreads. OTC tech platform Paradigm said in a Telegram...

- Bitcoin Holds Near $120K, Ether Rallies Towards $4.7K on Trump's Comment, Fed Rate Cut Bets Crypto markets extended gains on Wednesday as traders digested a mix of political tailwinds, dovish Fed expectations, and ongoing ETF inflows into ether (ETH). Altcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider a 50 basis point rate cut at its upcoming September meeting. Ether extended a strong week with gains of nearly 30%, nearing fresh highs that has historically preceded rotations and market frenzy in altcoins and microcap tokens. ETFs tied to the token registered $520 million in positive flows on Tuesday, data shows, on track to...

- Technical Analysis Overview XRP rises 4% in the 24-hour period ending August 13, climbing from $3.15 to $3.25 within a $0.20 range (6% volatility). The bulk of gains occur between 12:00 and 20:00, when price moves from $3.15 to $3.30 on volume exceeding 140M units. Resistance forms at $3.30 as buying momentum slows, while support consolidates at $3.25-$3.26, showing orderly profit-taking without breaking bullish structure. The final trading hour sees a 1% retreat from $3.27 to $3.25 as late-session profit-taking emerges. Volume spikes above 5.9M during 00:32-00:33 point to controlled distribution by institutional desks while keeping price above key support. News Background Ripple Labs and the Securities and Exchange Commission...