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Markets Page 47
Mexican Billionaire Salinas Allocates 70-80% of Portfolio to Bitcoin
Mexican billionaire Ricardo Salinas has dramatically increased his bitcoin allocation from 10% in 2020 to 70-80% of his liquid portfolio, eliminating stocks and bonds entirely. The move reflects growing skepticism among ultra-high-net-worth investors about AI valuations and renewed conviction in...
MarketsIbrahim Rajab
Trace Finance Raises $32M Series A as Stablecoin Infrastructure Gains Institutional Backing
Trace Finance closed a $32 million Series A funding round today, marking a 10x valuation jump from seed stage as institutional investors accelerate bets on blockchain-based cross-border payment infrastructure.
MarketsIbrahim Rajab
Florida Man 'Bitcoin Rodney' Pleads Guilty in $1.8B HyperFund Fraud
Rodney Burton, a Miami-based cryptocurrency promoter known as "Bitcoin Rodney," pleaded guilty to his role in the $1.8 billion HyperFund fraud scheme. The case represents one of the largest cryptocurrency fraud cases by dollar amount and reflects law enforcement's growing success in prosecuting...
MarketsHadi Ghadban
BitGo Stock Surges 11% on $50M Buyback as Shares Trade 65% Below IPO Price
BitGo announced a $50 million share buyback program on Tuesday, sending its stock up 11% in a single day. The cryptocurrency custody company's board approved the repurchase of approximately 8% of its Class A shares, citing undervaluation concerns as the primary rationale.
MarketsIbrahim Rajab
Gulf Dynasty Heir Moves $6 Trillion Trade Market onto Blockchain
An heir to a 135-year-old Gulf trading dynasty is moving one of global finance's most traditional markets onto blockchain infrastructure, signaling institutional adoption of distributed ledgers in the Middle East at a scale previously unseen in the region.
MarketsIbrahim Rajab
First Solana STO for U.S. Medical Device Business Launches
First Block, Inc., Onpharma Company, and Crito Capital LLP announced the first Security Token Offering on Solana for a U.S. medical device business, marking a watershed moment for tokenized equity on the Layer 1 blockchain.
MarketsBlockchain Academics Newsroom
Congress Bans CBDC Development Through 2030 in Housing Bill
The US Senate and House have agreed on a housing bill that formally prohibits the Federal Reserve from developing a central bank digital currency (CBDC) until 2030, marking the first major legislative victory for lawmakers skeptical of a government-issued digital dollar.
MarketsHadi Ghadban
Tokenized Asset Market Surges Past $43B as Wall Street Embraces Blockchain
The tokenized real-world asset market has reached $43 billion in total value, up 37% over six months. Institutional adoption is accelerating as regulatory clarity and infrastructure maturity enable blockchain to function as a genuine alternative to traditional settlement layers.
MarketsIbrahim Rajab
Ripple Invests $3.2B in Flutterwave, Expands RLUSD to 34 African Markets
Ripple has invested in Flutterwave's Series E funding round, valuing the African fintech unicorn at $3.2 billion, as the blockchain company accelerates deployment of its RLUSD stablecoin across 34 African markets. The partnership targets Africa's remittance corridors, where traditional payment...
MarketsBlockchain Academics Newsroom
Spot HYPE ETFs Attract $153M in Inflows as Institutional Demand Shifts to Altcoins
Three spot Hyperliquid ETFs have pulled in $153 million in net inflows and generated nearly $900 million in cumulative trading volume within their first month of trading, signaling a significant expansion of institutional appetite beyond Bitcoin and Ethereum into layer-1 blockchain tokens.
MarketsBlockchain Academics Newsroom
Coinbase Launches 1:1-Backed Tokenized U.S. Stocks With On-Chain Dividends
Coinbase announced Tuesday that it will offer tokenized U.S. stocks backed dollar-for-dollar by actual shares held in custody, a structural shift from synthetic equity products that have dominated on-chain markets. The tokens will distribute dividends automatically on-chain.
MarketsBlockchain Academics Newsroom
Tether Partners with Dubai's DMCC on Blockchain Education and Tokenization
Tether has signed a Memorandum of Understanding with Dubai's DMCC to develop blockchain education programs, tokenization initiatives, and digital payment solutions across UAE trade networks.
MarketsHadi Ghadban
Robinhood Shares Rise 1.3% on 10% Workforce Cut
Robinhood announced a 10% workforce reduction on Tuesday, marking the fourth round of layoffs in 2026. The company's stock rose 1.3% in premarket trading, signaling investor approval of the cost-cutting measure amid declining crypto trading volumes.
MarketsIbrahim Rajab
Tom Lee's Bitmine Reaches 4.66% of Ethereum Supply
Bitmine, led by Fundstrat co-founder Tom Lee, has expanded its Ethereum holdings to 5.62 million ETH following a $274 million preferred stock offering, bringing the company to 4.66% of Ethereum's total circulating supply.
MarketsBlockchain Academics Newsroom
Wallet V Launches Public Benchmark for AI Trading Agents
Wallet V, a self-custody Web3 wallet, launched a public performance benchmark on June 15 that tracks AI trading agents configured by its users on decentralized derivatives platforms Hyperliquid and Aster.
MarketsBlockchain Academics Newsroom
Bybit Launches First Options Market for Tether Gold
Bybit has launched a dedicated options market for Tether Gold (XAUT), marking the first time a major crypto exchange has built derivatives infrastructure specifically for a tokenized real-world asset. The launch went live on June 16, representing a significant step toward institutional-grade...
MarketsIbrahim Rajab
Pudgy Penguins Shuts Down Pudgy Party Game to Focus on Pudgy World
Pudgy Penguins has officially shut down Pudgy Party, its mobile battle royale game launched less than a year ago, pivoting toward a consolidated metaverse platform called Pudgy World. The move reflects broader challenges in the play-to-earn gaming sector.
MarketsHadi Ghadban
Bitcoin Policy UK CEO Accuses Saylor of Misleading STRC Promotion
Bitcoin Policy UK's CEO Ward has publicly criticized Michael Saylor for promoting STRC, a yield-bearing investment product, without adequately disclosing associated risks. The complaint centers on a misleading portrayal of a financial product that carries material downside exposure.
MarketsHadi Ghadban
SpaceX Stock Surges 10-12% in Second Trading Day, Market Cap Exceeds $2.3 Trillion
SpaceX shares extended their post-IPO rally on Monday, June 15, gaining between 10% and 12% on their second day of trading on Nasdaq under the ticker SPCX. The stock reached approximately $179.97 by early afternoon, pushing the company's market capitalization beyond $2.3 trillion.
MarketsBlockchain Academics Newsroom
Bitmine Reaches 4.66% of Ethereum Supply with $10.4B Holdings
Bitmine has added 76,881 ETH to its treasury following a $274 million preferred stock offering, bringing total Ethereum holdings to 5.62 million tokens and total assets to $10.4 billion.
MarketsBlockchain Academics Newsroom
Standard Chartered Sets $100 UNI Target by 2030, Betting on DeFi's RWA Future
Standard Chartered Global Research initiated coverage of Uniswap (UNI) on June 15, 2026, with a $100 price target for the end of 2030, representing roughly 40x increase from current levels near $2.50.
MarketsHadi Ghadban
Bitcoin Breaks $67K as Trump Signs U.S.-Iran Peace Deal
Bitcoin surged above $67,000 following President Donald Trump's confirmation that he signed the U.S.-Iran peace deal, marking a significant shift in risk sentiment across crypto and traditional markets.
MarketsHadi Ghadban
Standard Chartered Declares Crypto Winter Over
Geoffrey Kendrick, Standard Chartered's Global Head of Digital Assets Research, declared on June 15 that the crypto winter has ended, pinpointing a cycle low of $59,000 for Bitcoin touched on June 5. The call marks a significant institutional signal that major headwinds constraining the market...
MarketsHadi Ghadban
Bitmine Becomes Second-Largest Crypto Treasury with 5.62M ETH
Bitmine has become the second-largest corporate cryptocurrency treasury holder with 5.62 million ETH tokens, representing 4.66% of Ethereum's total supply. The $10.4 billion treasury position signals accelerating institutional adoption of Ethereum beyond Bitcoin.
MarketsHadi Ghadban