Crypto software firm Bakkt Holdings Inc. is looking to raise up to $1 billion through various types of securities offerings, which could be used to fund Bitcoin purchases. The company, a subsidiary of The Intercontinental Exchange, which owns the New York Stock Exchange, filed a Form S-3 with the US Securities and Exchange Commission on…
As well as being issuer of the world’s largest stablecoin, USDT, Tether also owns more than 10% of Juventus FC and is now looking to play a more active role in the running of the Italian soccer powerhouse. Tether asked to participate in the club’s recent capital increase and be granted a board seat in…
Shares in crypto exchange Coinbase Global Inc. (COIN) ended Thursday’s trading session at a new all-time closing high, but analysts are divided on if the rally will continue. “Going vertical now,” Real Vision CEO Raoul Pal said in a post on Thursday in response to Coinbase’s record close. “Next step, crypto,” Pal said, adding, “the…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. While stablecoins (USDT, USDC) dominated U.S. headlines last month amid the…
Artificial intelligence activity on blockchains has nearly doubled since the start of the year, with more funding and users piling into the trendy technology, according to blockchain analytics platform DappRadar. AI-related onchain activity has surged by 86% so far in 2025, with an estimated 4.5 million daily unique active wallets taking part in AI decentralized…
A spot dogecoin ETF may be coming closer to reality. ETF issuer Bitwise updated a regulatory filing for its dogecoin ETF on Thursday, suggesting approval chances could be growing, according to one expert. “Bitwise has filed amended S-1s for their spot dogecoin ETF and their spot aptos ETFs,” wrote Bloomberg Intelligence’s Eric Balchunas. “Good signs…
Tech company Meta has hired Trapit Bansal, a former key researcher at artificial intelligence company OpenAI, who was central to developing the firm’s o1 reasoning AI model. Bansal is the latest ex-OpenAI researcher to join the Meta team, following the addition of Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai, according to TechCrunch. The hires are…
Hong Kong’s government released its second major policy statement on digital assets, underlining its pledge to set the region up as a global hub for the industry and saying it plans to establish a regulatory regime that puts risk management and investor protection center stage. The framework will be overseen by the Securities and Futures…
Bitwise has amended its proposed Dogecoin and Aptos exchange-traded funds to include in-kind redemptions, according to filings on Thursday. The updates come as discussions around altcoin ETFs and redemption structures gain traction with US regulators. In-kind redemptions allow investors to exchange ETF shares directly for the underlying tokens. The mechanism is considered more tax-efficient and…
WASHINGTON, D.C. — U.S. Senator Tim Scott, the chairman of the Senate Banking Committee, told a White House crypto adviser on Thursday that legislation establishing rules for the U.S. crypto markets will be finished by September 30 — later than President Donald Trump had in mind, but earlier than the year-end prediction from one of…