Crypto-linked equities posted their best day in weeks as investors rotated back into risk assets, with Coinbase and Strategy leading the charge despite both companies reporting bruising quarterly results. Friday’s session brought a rare dose of green to crypto-exposed stocks after weeks of relentless selling pressure. Coinbase (COIN) rallied more than 17% on the day,…
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Bitcoin fell sharply yesterday as a wave of forced liquidations swept through crypto markets, wiping out more than $2.5 billion in leveraged positions and accelerating a broader selloff across digital assets. The move pushed Bitcoin down through several key price levels, triggering automatic closures of margin trades and crypto-backed loans on both centralized exchanges and…
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Tether, the company behind USDT, has been buying physical gold at a pace of up to two tons a week, a rate that could exceed $1 billion per month at current prices. CEO Paolo Ardoino said the bullion is being stored in a high-security former nuclear bunker in Switzerland, which he described as โa James…
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Sony has increased its bet on blockchain infrastructure, with its corporate venture arm, Sony Innovation Fund, investing an additional $13 million into Startale Group, a web3 infrastructure firm already closely linked to Sonyโs broader onchain ambitions. Startale is a web3 infrastructure company focused on building the technical rails that make blockchain apps usable at scale.…
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Spacecoin has launched its SPACE token just days after announcing a partnership with a DeFi initiative linked to the Trump family, a move that has intensified scrutiny around the projectโs political and regulatory exposure. The token launch, reported this week, follows Spacecoinโs collaboration with World Liberty Financial, a Trump-linked DeFi project. The partnership reportedly includes…
