Prefer us on Google Download App Download App For many years, the Depository Trust & Clearing Corporation (DTCC) has functioned as the financial system’s unseen foundation — the entity that handles virtually every securities transaction in the United States, anonymously…
Ripple Prime, the institutional prime brokerage service offered by blockchain company Ripple, has secured a significant $200 million asset-based debt facility from Neuberger Berman’s specialty finance division. This funding is earmarked for the expansion of its margin lending capabilities, a…
The anticipated vote on the crypto market structure legislation, known as the Clarity Act, by the Senate Banking Committee on May 14, represents a procedural step rather than a definitive move towards enactment, according to analysis from TD Cowen. Despite…
Prefer us on Google Download App Download App Strategy paused its bitcoin acquisition momentum just days prior to its earnings announcement, a temporary halt that highlights the company’s increasing reliance on capital markets over its software operations. Chairman Michael Saylor…
MicroStrategy has continued its aggressive Bitcoin acquisition strategy, announcing the purchase of an additional 535 BTC for approximately $43 million. The transaction, which occurred between May 4 and May 10, brings the company’s total Bitcoin holdings to 818,869 BTC, valued…
Get ready, alpha hunters, because Circle is making some serious moves with its new Layer 1 blockchain, Arc. They’ve just wrapped up a $222 million presale for Arc, achieving a fully diluted valuation of $3 billion. This isn’t just any…
The American Bankers Association (ABA) is intensifying its advocacy efforts regarding stablecoin regulation, with CEO Rob Nichols urging bank executives to contact senators ahead of a crucial Senate Banking Committee vote. Nichols’s latest communication warns that current legislative proposals fail…
Follow us on Google Get the App Get the App On stage, co-founder and CEO JP Richardson commenced by discussing the company’s setback at the New York Stock Exchange in May 2024, when Exodus transported 130 employees, associates, and relatives…
$BTC ascended from the upper $77,000s to the lower $82,000s as demand in the spot market and activity in futures saw an upswing. The pace of gains moderated near peak levels, while the options market continued to reflect significant uncertainty.…
Solana’s quest for enhanced network performance has reached a significant milestone with the Alpenglow protocol upgrade moving into a community validator testing phase. This development signals a crucial step towards integrating Alpenglow into the mainnet of the layer-1 blockchain, aiming…