CryptoSlate

Found 1737 news

  • Crypto VC funding drops 22% in Q2 despite strong June finish
    CryptoSlate - 00:00 Jul 03, 2025
    Venture capital funding directed towards crypto startups totaled $4.5 billion during the second quarter, down 22% versus the previous three months. According to DefiLlama data, the breakdown of the second quarter shows monthly flows of roughly $1.29 billion in April, $624 million in May, and $2.5 billion in June.  June’s figure is over 4x larger […] The post Crypto VC funding drops 22% in Q2 despite strong June finish appeared first on CryptoSlate.
  • End of the quarter wipes out billions from Bitcoin open interest
    CryptoSlate - 23:15 Jul 02, 2025
    Bitcoin’s derivatives market saw a quiet but meaningful repositioning in July, marked by two liquidation-driven drawdowns in futures and a record expiry event that wiped out over $15 billion in options open interest. These changes took place alongside relatively muted price action, as Bitcoin hovered between $101,000 and $110,000 throughout June before stabilizing near $107,000 […] The post End of the quarter wipes out billions from Bitcoin open interest appeared first on CryptoSlate.
    Tags: Bitcoin
  • DeFi Development Corp. to raise $100M for Solana treasury acquisitions ahead of ETF launches
    CryptoSlate - 22:28 Jul 02, 2025
    DeFi Development Corp has unveiled plans to raise $100 million through a private offering of convertible senior notes to strengthen its Solana-focused treasury strategy as anticipation for potential U.S. approval of Solana exchange-traded funds (ETFs) ramps up. DeFi Development Corp. said proceeds will be used partly to repurchase its own shares through a prepaid forward […] The post DeFi Development Corp. to raise $100M for Solana treasury acquisitions ahead of ETF launches appeared first on CryptoSlate.
  • OpenAI disavows Robinhood’s ‘OpenAI tokens,’ says demo stock was not approved and has no equity backing
    CryptoSlate - 21:45 Jul 02, 2025
    OpenAI said on July 2 that digital tokens trading under its name on Robinhood’s new blockchain platform do not represent OpenAI equity and were listed without the company’s consent. In a statement posted on X, the artificial intelligence developer wrote:  “These ‘OpenAI tokens’ are not OpenAI equity. We did not partner with Robinhood, were not […] The post OpenAI disavows Robinhood’s ‘OpenAI tokens,’ says demo stock was not approved and has no equity backing appeared first on CryptoSlate.
  • SEC temporarily halts Grayscale’s multi-asset crypto ETF debut despite conversion greenlight
    CryptoSlate - 21:00 Jul 02, 2025
    Grayscale’s conversion of its Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF) has been frozen by a stay order, despite receiving approval from the Securities and Exchange Commission (SEC) on July 1. Bloomberg ETF analyst James Seyffart said in a social media post on July 2 that the stay blocks the conversion “for now” […] The post SEC temporarily halts Grayscale’s multi-asset crypto ETF debut despite conversion greenlight appeared first on CryptoSlate.
  • StanChart predicts Bitcoin’s new cycle may defy past patterns with ETF and policy tailwinds
    CryptoSlate - 20:30 Jul 02, 2025
    Bitcoin (BTC) could see its strongest half-year performance ever in late 2025, driven by record ETF inflows, policy risks to the Federal Reserve, and broadening sovereign adoption, according to Geoffrey Kendrick, head of digital assets research at Standard Chartered. In a July 2 research note, Kendrick forecasted that ETF inflows and corporate treasury purchases will […] The post StanChart predicts Bitcoin’s new cycle may defy past patterns with ETF and policy tailwinds appeared first on CryptoSlate.
  • CleanSpark’s Tennessee expansion boosts stock 11% amid local unrest
    CryptoSlate - 20:00 Jul 02, 2025
    Bitcoin miner CleanSpark has reportedly received approval to build a new mining facility in Mountain City, Tennessee, local media outlet WCYB reported on July 2. According to the report, the Mountain City Board of Mayor and Aldermen approved the mine’s development after a 3-1 vote to rezone the targeted 50-acre site. The land will shift […] The post CleanSpark’s Tennessee expansion boosts stock 11% amid local unrest appeared first on CryptoSlate.
  • Canadian fintech Mogo’s $50M Bitcoin reserve plan ignites 140% share surge at market opening
    CryptoSlate - 19:16 Jul 02, 2025
    Canadian fintech Mogo announced on July 2 that its board had cleared up to $50 million for staged Bitcoin purchases as a long-term treasury reserve, prompting its shares to jump 140% at market opening on the Toronto Stock Exchange. MOGO closed July 1 priced at 1.74 Canadian dollars, worth roughly $1.28. It opened on July […] The post Canadian fintech Mogo’s $50M Bitcoin reserve plan ignites 140% share surge at market opening appeared first on CryptoSlate.
  • Ripple seeks a national bank charter approval to place RLUSD under state and federal oversight
    CryptoSlate - 18:31 Jul 02, 2025
    Ripple applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) on July 2, CEO Brad Garlinghouse wrote in a post on X.  The filing would place Ripple USD (RLUSD) under federal supervision while maintaining its existing oversight by the New York Department of Financial Services, creating a “new […] The post Ripple seeks a national bank charter approval to place RLUSD under state and federal oversight appeared first on CryptoSlate.
  • Bitcoin holder unlocks $10 million from rare Casascius bar bought for $500
    CryptoSlate - 00:00 Jul 02, 2025
    A long-time Bitcoin holder has finally cracked open one of the rarest physical Bitcoin collectibles in existence—a Casascius bar loaded with 100 BTC. The collector, who goes by the name John Galt on the Bitcoin Talk forum, originally bought the bar in 2012 for just $500. 13 years later, he redeemed it when the top […] The post Bitcoin holder unlocks $10 million from rare Casascius bar bought for $500 appeared first on CryptoSlate.
  • Ethereum dev Zack Cole launches initiative to fund ‘tokenless’ projects, promote ETH burning mechanisms
    CryptoSlate - 23:00 Jul 01, 2025
    Ethereum developer Zak Cole is spearheading a new initiative called the Ethereum Community Foundation (ECF), which will primarily work to enhance the digital asset’s economic value. The initiative was announced during the Ethereum Community Conference in Cannes, France. Founded by Cole and a group of ecosystem supporters, the ECF has reportedly already raised “millions” and […] The post Ethereum dev Zack Cole launches initiative to fund ‘tokenless’ projects, promote ETH burning mechanisms appeared first on CryptoSlate.
  • Figma discloses $70M Bitcoin exposure via Bitwise ETF in IPO filing, plans another $30M buy
    CryptoSlate - 22:15 Jul 01, 2025
    Figma’s initial public offering (IPO) prospectus reveals that the design software company holds approximately $69.5 million of the Bitwise Bitcoin ETF (BITB). According to a July 1 filing, a table lists the ETF under level-1 marketable securities at $69.533 million.  The document also stated that the board authorized a $55 million purchase on March 3, […] The post Figma discloses $70M Bitcoin exposure via Bitwise ETF in IPO filing, plans another $30M buy appeared first on CryptoSlate.
  • Bitcoin holders exhibit ‘diamond hands’ as unrealized profits swell past $1 trillion
    CryptoSlate - 21:39 Jul 01, 2025
    Bitcoin (BTC) investors have kept their coins off exchanges in recent weeks, even as market-wide profitability climbed to levels that typically trigger distribution, according to a July 1 report from Glassnode. Bitcoin fell from $106,000 to $99,000 during last week’s Israel-Iran flare-up, but buyers defended the short-term holder cost basis at $98,300 and pushed the […] The post Bitcoin holders exhibit ‘diamond hands’ as unrealized profits swell past $1 trillion appeared first on CryptoSlate.
    Tags: Bitcoin
  • Bitcoin dips to $105k on Q3 open despite record monthly close
    CryptoSlate - 20:50 Jul 01, 2025
    The crypto market saw significant declines on July 1 despite Bitcoin’s record monthly close the day prior amid continued institutional and corporate accumulation. Bitcoin (BTC) managed to maintain its footing above the $105,000, but altcoins experienced drastic declines, with some posting double-digit percentage losses for the day. Bitcoin fell nearly 2% to a low of […] The post Bitcoin dips to $105k on Q3 open despite record monthly close appeared first on CryptoSlate.
    Tags: Bitcoin
  • Corporate treasuries double ETF Bitcoin buys in H1, signaling aggressive boardroom adoption
    CryptoSlate - 20:16 Jul 01, 2025
    Public companies bought 245,510 Bitcoin (BTC) in the first half of the year, more than 2x higher than the 118,424 BTC absorbed by exchange-traded funds (ETFs) during the same period. The year-to-date figure marks a 375% jump from the 51,653 BTC corporations acquired in the first half of 2024. ETFs, by contrast, purchased 56% less […] The post Corporate treasuries double ETF Bitcoin buys in H1, signaling aggressive boardroom adoption appeared first on CryptoSlate.
  • SEC reportedly considering standard to fast-track crypto ETFs
    CryptoSlate - 19:30 Jul 01, 2025
    The Securities and Exchange Commission (SEC) is working with US exchanges on a generic listing framework for token-based exchange-traded funds (ETFs) that could eliminate the need for issuers to file individual rule-change requests, Fox News’ Eleanor Terret reported on July 1. According to the report, the initiative would enable an ETF sponsor to bypass the customary […] The post SEC reportedly considering standard to fast-track crypto ETFs appeared first on CryptoSlate.
    Tags: ETFs
  • UniCredit to offer Bitcoin exposure to professional clients via BlackRock IBIT-linked certificate
    CryptoSlate - 18:45 Jul 01, 2025
    European banking behemoth UniCredit is entering the crypto arena with a structured product tied to BlackRock’s spot Bitcoin exchange-traded fund (ETF), Bloomberg News reported on July 1, citing an internal memo. Under the plan, UniCredit will offer professional clients a five-year, U.S. dollar-denominated investment certificate linked to BlackRock’s iShares Bitcoin Trust (IBIT). The product will […] The post UniCredit to offer Bitcoin exposure to professional clients via BlackRock IBIT-linked certificate appeared first on CryptoSlate.
  • SEC approves Grayscale Index ETF conversion, clears Solana, XRP, Cardano for spot trading
    CryptoSlate - 18:15 Jul 01, 2025
    The Securities and Exchange Commission (SEC) has approved the proposal to convert the Grayscale Digital Large Cap Fund into an exchange-traded fund (ETF), completing the conversion of the crypto index product into an ETF structure.  According to a July 1 filing, the ETF will issue trust units that track a basket of the five largest […] The post SEC approves Grayscale Index ETF conversion, clears Solana, XRP, Cardano for spot trading appeared first on CryptoSlate.
  • Bitcoin powerhouse Strategy nears S&P 500 inclusion as net income soars
    CryptoSlate - 17:30 Jul 01, 2025
    Strategy (formerly MicroStrategy), the largest public holder of Bitcoin, is again making headlines—this time for potentially qualifying for inclusion in the prestigious S&P 500 index. On July 1, Jeff Walton, founder of MSTR True North, revealed that the company will likely report an $11 billion net income for the just-concluded second quarter of the year. […] The post Bitcoin powerhouse Strategy nears S&P 500 inclusion as net income soars appeared first on CryptoSlate.
  • DEXs capture almost 30% of CEX spot activity in June, setting new record
    CryptoSlate - 23:00 Jun 30, 2025
    Decentralized exchanges (DEX) processed roughly $385 billion of spot trades in June, equal to almost 30% of the turnover recorded by centralized venues, according to DefiLlama and The Block data. The 30-day DEX figure represents a 12% decline from May, but centralized exchange (CEX) spot volume contracted nearly 30% in the same period. Notably, this […] The post DEXs capture almost 30% of CEX spot activity in June, setting new record appeared first on CryptoSlate.

1737 items