AI Summary
- Twenty One Capital experienced a significant drop of 20% on its first trading day, largely due to a lack of transparent business plans despite a substantial Bitcoin treasury.
- Strive, co-founded by Vivek Ramaswamy, has initiated a $500 million preferred stock offering to enhance its Bitcoin holdings, reflecting investor interest in Bitcoin and related products.
- Stripe has launched a public testnet for its stablecoin blockchain, Tempo, which aims to facilitate developer onboarding and stablecoin testing, indicating a strong push towards innovation in payment solutions within the crypto space.
- U.S. banks are now cleared to broker trades of Bitcoin, Ethereum, XRP, and Solana, following new guidance from the OCC, expanding traditional financial institutions' roles in the cryptocurrency market.
- Bitcoin's resurgence above $94,000 raises discussions among analysts regarding the sustainability of this rally, as trading volumes suggest uncertainty about the continuation of bullish sentiment.
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Sources
Cointelegraph
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Bitcoin firm Twenty One Capital drops 20% on first day of trading
41 minutes ago
by Cointelegraph by Jesse Coghlan
Twenty One Capital came to market with over $4 billion in Bitcoin, but its lack of publicly shared business plans appears to have led some investors to the exit.
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Vivek Ramaswamy’s Strive to raise $500M to buy Bitcoin
an hour ago
by Cointelegraph by Martin Young
Strive, co-founded in 2022 by American entrepreneur Vivek Ramaswamy, launched a $500 million preferred stock offering to acquire more Bitcoin and Bitcoin-related products.
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Stripe’s stablecoin blockchain Tempo launches public testnet
2 hours ago
by Cointelegraph by Brian Quarmby
Public testnet for the Stripe-and-Paradigm-built payments blockchain is now live, featuring tools for developer onboarding and stablecoin testing.
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Here’s what happened in crypto today
5 hours ago
by Cointelegraph by Cointelegraph
Trump memecoin, Solana memecoin, TRUMP token, Solana, SOL, Nova Labs, SEC, Securities and Exchange Commission, Crypto regulation, TRUMP rally, BitcoinNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Blockchain trial on Canton Network tests collateral reuse with tokenized US Treasurys
5 hours ago
by Cointelegraph by Nate Kostar
The latest trial explored multiple stablecoins and showed tokenized US Treasurys can be reused instantly across counterparties on shared infrastructure.
CoinDesk
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Key U.S. Senator on Crypto Bill, Lummis, Negotiating Dicey Points With White House
3 hours ago
by Jesse Hamilton
Policy, Market Structure Legislation, Cynthia Lummis, Kirsten Gillibrand, NewsThe Republican lawmaker who is among the core negotiators on the U.S. market structure bill said the White House has rejected some ethics language.
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Proposed ‘AfterDark’ Bitcoin ETF Would Skip U.S. Trading Hours
6 hours ago
by Helene Braun
Markets, Bitcoin ETF, NewsThe fund would hold bitcoin only overnight, betting on data showing bitcon gains mostly occur outside regular market hours.
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XRP Underperforms Market as Sudden Bitcoin Surge Forces $387M of Liquidations
8 hours ago
by Shaurya Malwa
Markets, NewsXRP's technical outlook remains uncertain, with support at $2.05 and resistance at $2.17, as traders watch for volume expansion
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Dogecoin Surges as Ether Zooms 8%, Sparking Bullish Reversal For Memecoins
8 hours ago
by Shaurya Malwa
Markets, Dogecoin, NewsThe breakout now sets up a clean continuation zone—provided bulls defend the mid-range pivot they just reclaimed.
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Aptos Rises 8% After Breaking Through $1.80 Resistance
8 hours ago
by CD Analytics
Markets, AI Market Insights, Aptos, Technical Analysis, NewsStrong volume and technical momentum distinguished APT's gains from the broader market action.
Decrypt
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AI Political Chatbots Can Sway Voters, New Research Finds
an hour ago
by Jason Nelson
Artificial IntelligenceThe studies found policy-focused chatbot messages were more persuasive and that persuasion often rose alongside uneven inaccuracies.
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Teachers Union Urges Senate to Scrap Crypto Market Structure Bill
an hour ago
by Vince Dioquino
Law and OrderThe union urged lawmakers to abandon the draft, arguing it would erode securities protections and heighten risks for pension holders.
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US Tech Giants Unite to Battle China’s Open-Source AI Dominance
4 hours ago
by Jose Antonio Lanz
Artificial IntelligenceAnthropic and OpenAI donate key protocols to Linux Foundation as China overtakes US in open-source AI downloads.
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War Department Launches New Platform With Google’s Gemini in Military AI Push
4 hours ago
by Jason Nelson
Artificial IntelligenceGoogle’s IL5-approved model has become the first generative AI deployed across the War Department as competition with China grows.
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SEC Chair Atkins Says Many Types of Crypto ICOs Are Outside Agency’s Purview
4 hours ago
by Sander Lutz
Law and OrderSEC Chair Paul Atkins described which types of token sales wouldn't qualify as securities offerings, responding to Decrypt's question.
AMBCrypto
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Ethereum eyes $3.4K – But ETH bull trap looms if THIS level breaks
2 hours ago
by Akashnath S
Analysis, Ethereum, HideCryptopanic, News, News 1, No Homepage, Social, Trading ViewEthereum witnessed an 18% move in three weeks. Should you bet on the king of altcoins to rally higher?
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Shiba Inu records massive whale transfers – Momentum can extend IF…
3 hours ago
by Erastus Chami
Memecoins, News, News 1, Shiba Inu, Social, Trading ViewSHIB’s next move hinges on whether buyers can defend the breakout retest zone.
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Has Bitcoin entered a new era where ETFs lead and retail steps back?
4 hours ago
by Samyukhtha L KM
Bitcoin, BTC Trading View, News, News 1, Social, Trading ViewBTC's hesitance below its EMAs leaves the market waiting for a catalyst.
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Bitcoin “After Dark” ETF filing aims to capture overnight gains
4 hours ago
by Adewale Olarinde
Bitcoin, News, News 1, Social, Trading ViewA proposal which will allow Bitcoin ETF to be traded after Wall Street has closed, has reportedly been submitted.
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Bitcoin price recovery? 3 signals reveal why traders remain cautious
5 hours ago
by Olayiwola Dolapo
Bitcoin, BTC Trading View, News, News 1, Social, Trading ViewBitcoin’s market is in the middle of a tussle between buyers and sellers.