UK-based web design and marketing firm The Smarter Web Company has raised 41.2 million British pounds ($56.59 million), days after it purchased 196 Bitcoin to add to its growing holdings. The firm said on Thursday that the raise came from institutional investors via accelerated bookbuild, a process where a company raises capital quickly, usually within…
XRP faced sharp downside pressure over the last 24 hours, falling 5.3% despite large-scale whale activity and easing geopolitical tensions. The asset dipped from $2.21 to a session low of $2.08 before a modest recovery to $2.10. While the broader crypto market attempted to stabilize following ceasefire agreements in the Middle East, XRP’s momentum remained…
Crypto private key exploits and front-end compromises have accounted for most of the $2.1 billion worth of crypto lost to attacks in the first half of 2025, says blockchain intelligence firm TRM Labs. Over 80% of crypto stolen across 75 hacks so far this year was taken in so-called infrastructure exploits, which, on average, made…
Bitcoin’s double top prospects above $100,000 warrant caution, but a full-blown 2022-style crash looks unlikely unless an unexpected black swan hits, according to digital asset banking group Sygnum’s Head of Investment Research Katalin Tischhauser. “The crypto market is strongly sentiment-driven as fundamental valuations are challenging; therefore, technical analysis signals such as the double top warrant…
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…