CleanCore’s pivot to Dogecoin is being spearheaded by its newly appointed board chairman, Alex Spiro, a longtime attorney for Elon Musk. CleanCore Solutions, a Nebraska-based maker of aqueous ozone cleaning systems, saw its shares plunge over 60% Tuesday after announcing plans to become a Dogecoin treasury company. The company disclosed a $175 million private placement backed by over 80 institutional and crypto-native investors, including Pantera, GSR, FalconX and Borderless. Proceeds will be used to acquire Dogecoin (DOGE) as CleanCore’s primary reserve asset, with the initiative led by newly appointed board Chairman Alex Spiro, Elon Musk’s longtime attorney. Read more
Crypto isn’t limited to trading. In 2025, crypto can be used to make some exciting, real-world purchases. Crypto can be spent on virtually everything in 2025, including high-value and unconventional items. Cryonic preservation, DNA storage and advanced biohacking treatments are now available through cryptocurrency payments worldwide. From property deals to tuition bills, more institutions are opening up to cryptocurrency payments. Read more
Bitcoin spot and exchange flows point to an early recovery, but a close above $113,650 is needed to confirm the trend change. Key takeaways: Bitcoin’s Cost Basis Distribution shows strong buyer support versus Ether’s weaker flows. Coinbase and Binance netflows hint at a liquidity regime shift favoring reaccumulation. Read more
Figure eyes a $526 million IPO, joining Circle, Bullish and Gemini in the growing wave of blockchain companies going public. Blockchain-focused lender Figure Technology Solutions is aiming to raise $526 million in its initial public offering (IPO), underscoring the growing trend of crypto and blockchain firms pursuing public listings amid the bull market. According to regulatory filings submitted Tuesday and reported by Bloomberg Law, Figure plans to sell 21.5 million shares in the $18 to $20 range, with 4.9 million shares expected to be sold by existing holders. At the top end of the range, the IPO would value the company at roughly $4.3 billion. Figure first disclosed its public ambitions last month when it filed confidentially with regulators, followed by a formal Securities and Exchange Commission (SEC) filing on Aug. 18. The latest filings indicate the company is targeting Sept. 10 as the date for pricing its IPO. Read more