Improbable’s further investment in the Somnia ecosystem is intended to boost its expansion. This follows the successful completion of the Somnia Devnet, which established new standards for speed, throughput, and user involvement. Somnia, a Layer 1 blockchain built for fully onchain, high-demand consumer apps, has revealed that Improbable and MSquared would contribute up to $270M in combined … Read more
Strategy (formerly MicroStrategy) faces trouble after stocking a large number of Bitcoins in recent months. Today, in a 10-K filing with the Securities and Exchange Commission (SEC), it warned of lower profits due to a possible higher tax load. A 10-K filing is an annual financial report that publicly traded businesses must send to the … Read more
Solana price plummets as a drop in onchain activity, declining DApps TVL and looming SOL token unlocks approach.
According to a Feb. 14 regulatory filing, the United States Securities and Exchange Commission (SEC) has acknowledged Cboe BZX’s request to list asset manager 21Shares’ XRP exchange-traded fund (ETF). Not to be confused with an actual XRP ETF approval, the acknowledgment is a sign of progress for US exchanges seeking to list ETFs containing spot … Read more
The fund claims to offer “higher-beta” exposure to the growth of the Solana ecosystem as Grayscale continues to expand its suite of single-asset crypto funds.
The Canadian Dollar covered little ground on Tuesday, holding flat against the Greenback. Canadian CPI inflation rose in January, with core CPI metrics climbing more than expected. The Loonie remains hampered near key technical levels as bullish momentum evaporates. The Canadian Dollar (CAD) traded blows with the US Dollar (USD) on Tuesday, keeping USD/CAD stead … Read more
Fold is set to make history as the first bitcoin financial services company to go public, trading on Nasdaq after completing a SPAC merger. Fold Hits Nasdaq Tomorrow—Bitcoin Finance Gets Its Moment Fold Holdings Inc. announced on Feb. 18 that it will debut on Nasdaq, making history as the first bitcoin financial services company to … Read more
On Tuesday, bitcoin confronts increasing pressure this week, having fallen below $94,000 on Feb. 18, 2025, as macroeconomic concerns, technical glitches, and mixed market sentiment challenge vital support levels. Global Market Fears Drive Bitcoin Prices to Lower Levels Bitcoin’s 1.8% decline this week mirrors wider crypto unease, with the global market cap dipping 2.3% to … Read more
The cryptocurrency market is buzzing with excitement following the FTX refunds that were announced recently. These developments come after the tumultuous collapse of FTX in November 2022, which left many investors anxious about the fate of its founder, Sam Bankman-Fried (SBF), whose trial and potential imprisonment were widely speculated. Despite concerns regarding his political connections, … Read more
The crypto market is always on the hunt for the next hidden market gem, but the best opportunities are usually found before they make headlines. While many newer crypto investors chase hype, the clever ones look for projects with solid fundamentals, strong market capitalization, and massive upside potential. One promising altcoin that’s quietly building momentum … Read more