Author: admin

Are crypto IPOs the most accurate top signal, or just a tell investors keep retesting because it feels true during late-cycle heat?The tape offers a clean cluster to examine. Coinbase’s direct listing arrived on April 14, 2021, the precise day Bitcoin set a then record near $64,000.Stronghold Digital Mining priced its IPO on Oct. 19–20, 2021, about three weeks before Bitcoin’s Nov. 10 peak near $68,789.This cycle, Bullish’s Aug. 13, 2025 debut and Figure’s Sept. 10, 2025 pricing landed within eight and four weeks of Bitcoin’s Oct. 6 all-time high near $126,198.Grayscale’s public IPO filing on Nov. 13, 2025 followed…

In brief Prediction market Kalshi’s valuation has hit $11 billion after reports of an undisclosed $1 billion funding round. Independent data show the platform hitting $50 billion in annualized volume and $4.4 billion in October trades. Federal rulings and state-level disputes continue to define the firm’s U.S. expansion as rivals regain domestic access. U.S. prediction market platform Kalshi has reportedly pushed its valuation to roughly $11 billion after raising $1 billion in a yet undisclosed funding round, according to an initial report from TechCrunch citing a source with knowledge of the deal.The rise in valuation marks one of the fastest…

The story of corporate Bitcoin adoption is often told as a parade of logos. New CFO decides to be bold. Board nods. Treasury buys coin. Number go up.That parade has not shown up for two months. According to BitBo’s treasuries tracker, the last fresh company to join the BTC-on-balance-sheet club was GD Culture Group on September 18. Since then, it’s been nothing new, and the “new entities” table just sits there with that same date at the top.That doesn’t mean there’s no corporate demand. It just means that it looks different. The net bids are dominated by the same cast…

Bitcoin Plummets 11%! Crypto in Free-Fall! Guests: OSF & Wizard Of SoHoBtc: 81.6k (-11%) | btc.D: 58.8% (-0.5%). Eth: 2665 (-12%) | bnb: 800 (-11%) | sol: 123 (-13%). Bitcoin and Ethereum ETFs saw significant outflows, with broader crypto markets falling sharply as strong jobs data reduced expectations for interest-rate cuts. Bitcoin’s technicals weakened, with RSI hitting a three-year low and the price hovering only slightly above a major strategy’s average entry level. Major holders were reported to be selling, including a long-term wallet unloading $1.4 billion in BTC and another entity selling 10,000 ETH to support a share buyback.…

In brief Superstate CEO Robert Leshner believes tokenizing cars, houses, and especially stocks will drive mainstream adoption of blockchain technology Tokenization converts real-world assets into digital tokens on the blockchain, enabling faster transactions and programmable smart contracts Successful tokenized Treasury funds like BlackRock’s BUIDL ($2.3B) demonstrate growing institutional interest in on-chain traditional assets It’s going to take some cars and houses to get users really keen on tokenization, Superstate founder and CEO Robert Leshner told Decrypt.Leshner noted that tokenizing those large physical assets would widen awareness, although applying the process to stocks would supercharge adoption.“When you start to say, like…

In 2019, Rodolfo Novak sent a Bitcoin transaction from Toronto to Michigan without internet or satellite. He used a ham radio, the 40-meter band, and the ionosphere as his relay.Nick Szabo called it “Bitcoin sent over national border without internet or satellite, just nature’s ionosphere.” The transaction was tiny, the setup finicky, and the use case borderline absurd.Yet, it proved something: the protocol doesn’t care what carries its packets.That experiment sits at one end of a decade-long stress test the Bitcoin community runs quietly in the background, a distributed R&D program testing whether the network can function when the usual…

In brief BitMine disclosed $328 million in full-year income. The company will pay a one cent dividend next month. BitMine’s Ethereum holdings are down $1.8 billion. BitMine Immersion Technologies, the largest corporate holder of Ethereum, reported $328 million in full-year income on Friday while declaring its first dividend, but its share price fell amid concerns about digital asset treasury strategies and ETH’s recent price drop.The company that owns $9.6 billion worth of Ethereum plans to pay common stockholders a dividend of one cent per share next month, according to an SEC filing. BitMine said the move “reflects the company’s commitment…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A terse but provocative message by crypto CEO Jacob King has challenged the prevailing narrative around Bitcoin at a time when the asset’s price has reversed much of its 2025 gains.  King contends that Bitcoin was never intended to function as a store of value or inflation hedge, two big labels widely used to describe Bitcoin in the past few years. Whitepaper Never Described Bitcoin As Digital Gold Bitcoin’s price decline in recent weeks has revived long-standing questions about what the cryptocurrency was meant to represent. Much…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure 2025 has been a year of ups and downs for the cryptocurrency industry, with the performance of digital asset treasuries (DATs) a perfect example of this trend. While Bitcoin and Ethereum treasury firms like Strategy and BitMine seem to be weathering the recent storm, other companies have succumbed to the bursting bubble of DATs. For instance, BitMine has disclosed its plans to become “the first large-cap cryptocurrency company to declare annual dividends.” This announcement came as the Ethereum treasury firm released its fiscal year results on Friday,…

CME FedWatch now implies better than 70% odds that the Federal Reserve will cut rates by 25 basis points at its Dec. 9-10 meeting, dropping the target range from 3.75%-4.00% to 3.50%-3.75%.That marks a dramatic intraday reversal on Nov. 21, when New York Fed President John Williams told reporters the Fed can still trim rates “in the near term” without threatening its 2% inflation target.A few days before, the same probability sat near 30%, weighed down by a government data blackout and hawkish Fed commentary.The question now is whether a December cut carries enough conviction to pull Bitcoin (BTC) out…

In brief Nvidia’s blowout earnings couldn’t overcome investor anxiety about sky-high AI valuations, triggering a sector-wide sell-off. Fund managers rotated out of tech and into defensive sectors like healthcare, the month’s strongest performer. Pure-play AI software firms such as C3.ai were hit hardest, underscoring doubts about business models without established cash flows. Wall Street’s conviction in the long-term potential of artificial intelligence faced its sternest test this week, and the markets delivered a complex, yet clear, message: high valuation anxieties trump fundamental strength.Despite Nvidia Corp. reporting blockbuster fiscal third-quarter earnings that easily surpassed consensus estimates, the market’s reaction demonstrated that…