Hardcore bitcoin purists haven’t lost faith in the world’s largest digital currency, despite it losing nearly 17% of its value, marking the worst weekly performance since July 2024 and wiping out about $200 billion in market cap in the last seven days. The prominent bitcoin advocates or maximalists (short for maxis) — a group that […]
SpaceX is planning to set the price of its initial public offering at $135 per share in a deal that would raise a record $75 billion and value the company at $1.75 trillion, the company said in a filing with the U.S. Securities and Exchange Commission. The aerospace company plans to sell 555.6 million shares […]
State Street and Galaxy Asset Management plan to launch a tokenized liquidity fund in early 2026 that uses stablecoins for around-the-clock investor flows, expanding the use of public blockchains in institutional cash management, the companies announced Wednesday. The State Street Galaxy Onchain Liquidity Sweep Fund, or SWEEP, will accept subscriptions and redemptions in PYUSD, a […]
SGX’s bitcoin BTC$90,301.29 and ether ETH$3,113.55 perpetual futures have become increasingly popular since their debut two weeks ago, and that growth represents new liquidity rather than cash redirected from elsewhere, said Michael Syn, president of the SGX Group. The products, cryptocurrency derivatives that allow institutional traders to speculate on the price of an asset without […]
The native token of the BNB Chain, BNB, slipped slightly over the last 24-hour period, moving to $933 after briefly surging to $974, as broader crypto markets showed signs of stress tied to tightening financial conditions. The token’s price action played out in a narrow $46 range. Volume rose sharply during the morning’s move higher, […]
The maturation of DeFi technology has created a paradox: while battle-tested codebases and rising technical proficiency have lowered the barrier to entry for launching new protocols, securing sustainable liquidity has never been harder. As thousands of projects built on increasingly standardized infrastructure compete for a finite pool of capital, the ecosystem faces a systemic challenge […]