Author: NBTC
Crypto accounting platform Cryptio has raised $15 million in an extension to its Series A funding round from June 2022. Existing investor Alven led the round and featured participation from new backers 1kx and Ledger Cathay Capital, Cryptio told CoinDesk via email on Wednesday. The $15 million raised takes the total for the Series A round to $25 million. Cryptio’s aim is to provide traditional financial (TradFi) entities with back-office operations and infrastructure that allow them to offer digital asset products such as stablecoins, crypto-backed loans and crypto savings. Many observers are expecting the number of banks offering crypto services…
Bitcoin (BTC) surged by over 3% in the past 24 hours, reaching a new all-time high (ATH) of approximately $109,114. As Bitcoin pushes towards new highs, the cryptocurrency market is gearing up for some important events, particularly with the Trump inauguration just hours away. The launch of the Trump Meme Coin ($TRUMP) and SEC Chairman Gary Gensler’s upcoming departure have heightened speculation for a more favorable regulatory environment. The recently launched Trump meme coin went through some wild fluctuations in price, surging up to 200% at one point, followed by a pullback of 20-30%. The upcoming inauguration is expected to…
Fairshake, a bipartisan super Political Action Committee (PAC) focused on funding crypto-friendly policies, has raised $116 million in funding for the 2026 US midterm elections. In a statement shared with CryptoSlate, Fairshake said its war chest includes over $11 million in fresh contributions received from major players in the crypto industry, including a16z, Coinbase, Jump Crypto, Uniswap Labs, Robert Leshner of Superstate, and Ripple Labs. According to the Committee, these renewed financial commitments show the crypto industry’s increasing influence on US politics and its push for a regulatory framework that supports innovation. Robert Leshner, the CEO of Superstate, praised the…
Frog-themed cryptocurrency PEPE has secured a new listing on a major Japanese crypto exchange, Bitflyer, marking another milestone in its global expansion. In an X post today, Bitflyer, one of the largest crypto exchanges in Japan, announced that the popular PEPE meme coin is now listed. “Pepe (PEPE) has been listed today. PEPE is a meme coin inspired by Pepe the Frog, Ranked as 4th largest meme coin in market capitalization,” an X post translated from Japanese reads. ／Popular meme coin PEPE is now listed❗＼Pepe ( PEPE ) has been listed today🙌PEPE is a meme coin inspired by Pepe the…
MicroStrategy Inc. co-founder and Chairman Michael Saylor has urged companies to invest in Bitcoin, calling bonds “toxic.” He said this during his presentation at the ICR Conference in Orlando on Monday, where he compared BTC’s performance with bonds since 2020. Addressing a full ballroom of executives and investors, Saylor said: “It works for any company. Every company has a choice to make: “Cling to the past” by purchasing Treasury bonds, executing buybacks and dividends, or “embrace the future” by using Bitcoin as digital capital.” Michael Saylor Saylor defends Bitcoin strategy as MicroStrategy continues aggressive purchase Saylor’s comments followed MicroStrategy’s latest…
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). To say that MicroStrategy (MSTR) has been at the lead of creatively raising capital with which to buy massive amounts of bitcoin (BTC) would be an understatement. Led by Executive Chairman Michael Saylor, the company this week opened a new front along those lines with its perpetual preferred stock offering (STRK). Preferred stock sits between equity and debt on the corporate balance sheet, offering investors the regular return of bonds while giving them an ownership stake in a company. Well-followed MicroStrategy analyst Ben Werkman, posted on X about…
Chainlink’s pivotal role in DeFi, securing 80% of $300M trading vol., is indispensable for blockchain applications. BONK’s community-centric approach fuels a 2000% surge, integrating deeply within Solana’s ecosystem. Arweave redefines data storage with ‘permaweb’, ensuring longevity and security for the digital age. Solana-based altcoins are not just participating in the market; they are leading it. Innovations from Chainlink, BONK, and Arweave showcase how these tokens are setting the stage for a bullish surge. With their unique offerings from decentralized oracle services to community-centric growth and permanent web solutions, these altcoins are pivotal in defining the future landscape of blockchain and…
Last week, through Executive Order, President Trump took a significant step toward reshaping the future of digital assets by establishing a Crypto Council led by investor and entrepreneur David Sacks. This Executive Order, coupled with the recent reversal of SAB 121 – an ill-conceived policy that made it prohibitively difficult for banks to custody crypto assets – demonstrates that the new administration is serious about removing barriers to crypto adoption. This council represents a golden opportunity to undo significant damage inflicted on the crypto industry during the Biden Administration. Instead of regulatory hostility, Trump’s Crypto Council can help chart a…
NAGA launched a new feature to enhance the accessibility of crypto CFD trading. Dubbed CryptoX, the new platform promises to eliminate overnight fees on long positions offers real-time market exposure and enables traders to start with as little as $1. By integrating with NAGA’s copy trading feature, CryptoX also enables users to mirror successful trading strategies. According to the company, one of the standout features of CryptoX is the elimination of overnight fees on long (BUY) positions. This move makes it more cost-effective for traders looking to maintain positions over extended periods. By removing these fees, NAGA aims to attract…
Intesa Sanpaolo, Italy’s largest banking group, has purchased 11 Bitcoins for roughly 1 million euros (US$1 million), becoming the first Italian bank to make a direct investment in the crypto. The confirmation came from Intesa Sanpaolo’s press office, following speculation that emerged earlier in the day after an internal email from the group was leaked on the online forum 4chan. The email, reportedly signed by Niccolò Bardoscia, head of the bank’s Trading and Investment division for Digital Assets, outlined the acquisition, according to a report by Italian crypto news outlet Criptovaluta. While the purchase was confirmed, the banking group declined…