Crypto News

The funding round was led by Fortress Investment Group and Citadel Securities, with participation from Pantera Capital and others.

Volatility in crypto markets led to more than $1.3 billion in long bets getting wiped out, alongside roughly $400 million in short positions, according to CoinGlass data.

The apex cryptocurrency fell 2.6% to $104,451.50 at the time of writing, according to CoinMarketCap data, while Ethereum fell 5.3% to $3,507.42 and XRP slipped over 5% to $2.27.

The apex cryptocurrency fell 2.6% to $107,486.52 at the time of writing, according to CoinMarketCap data, while Ethereum fell 4.5% to $3,724.37 and XRP slipped nearly 4%.

Solana’s price fell 1.4% over the week despite surging retail optimism and major institutional developments.

Bitcoin’s 17-year journey has been a tug-of-war between its decentralized, anti-establishment origins and growing institutional adoption.

CEO Phong Le said that Strategy is expanding its digital credit business internationally, aiming to become a dominant global issuer of Bitcoin-backed credit products.

The broader crypto market saw $860 million in liquidations, led by Bitcoin and Ethereum.

The apex cryptocurrency slipped 1.6% to $109,523.97 at the time of writing, while Ethereum stock fell 2.9% to $3,825.17, and BNB fell 2% to $1,095.67.

In an interview with Bloomberg, Strive CEO Matt Cole noted that Wall Street is beginning to adopt this perspective, with the “debasement trade” emerging as a broader investment strategy.

Bitcoin accounted for roughly $370 million of total liquidations, while Ethereum saw $189 million wiped out.

The overall cryptocurrency market fell 1.4% in the last 24 hours, with more than $500 million in liquidations.

Most retail traders polled on Stocktwits expect the Federal Reserve to cut rates, with 61% expecting a 25-basis-point reduction.

The companies also plan on exploring the use of stablecoins for faster global payments in the future.

Pump.fun said it acquired the Padre trading terminal to improve multichain trading capabilities and user experience.

The debate follows a clash over Peter Schiff’s plans to launch tokenized gold after CZ criticized it for lacking true on-chain ownership.

In an interview with Bloomberg, Tether’s CEO Paolo Ardoino projected $15 billion in profit for the year, citing a 99% profit margin.

The apex cryptocurrency advanced over 4% to $111,210.66, at time of writing, while Ethereum rose 4.5% to $4,058 and XRP gained 5.2% to $2.47.

Finzer said 50% of the supply will be allocated to the community, with initial claims for early users and participants in rewards programs.

According to a Bloomberg report, sources indicated that discussions remain ongoing, with a formal announcement expected within the next few weeks.

Tether highlighted how the Wallet Development Kit is built to support compliance with evolving regulations, thus enhancining usability for USDT in decentralized finance ecosystems.