Crypto treasury company ETHZilla (ETHZ) has taken a strategic step into onchain credit with the acquisition of a 20% fully diluted stake in automotive-finance AI startup Karus. The $10 million deal includes $3 million in cash and $7 million in ETHZilla stock, and will allow the company to integrate Karus’s underwriting AI models into its … Read more
XRP (XRP) price is up 12% since plunging below the $2 mark on Nov. 21, reclaiming key support levels. Surging network activity and persistent institutional demand, coupled with reduced supply on exchanges, could lead to a sustained price recovery. Key takeaways: A surge in XRP ledger velocity and whale activity signals elevated network activity and … Read more
Indian crypto investors using CoinDCX appear to be taking a more deliberate, portfolio-based approach to digital asset investing, with early signs of longer-term allocation behavior emerging in 2025. On Thursday, the exchange released its annual report, which suggested that users are gradually shifting away from a “crypto equals Bitcoin” mindset toward more diversified holdings. CoinDCX … Read more
YZi Labs, the venture capital company founded by Binance co-founder Changpeng “CZ” Zhao, is ramping up its bet on prediction markets as one of its portfolio platforms posted an unusual spike in trading volume. CZ took to X on Wednesday to welcome YZi-backed Predict.fun as a new prediction market launching on the BNB Chain. “When … Read more
Grayscale’s launch of the first US spot Chainlink exchange-traded fund (ETF) drew strong interest on its first day of trading, suggesting investors still have an appetite for regulated altcoin products despite a broader crypto market slump. Grayscale’s Chainlink (LINK) ETF debuted with $41 million in cumulative net inflows and $13 million worth of “solid” trading … Read more
The US Securities and Exchange Commission (SEC) sent warning letters to several exchange-traded fund (ETF) providers, halting applications for leveraged ETFs that offer more than 200% exposure to the underlying asset. ETF issuers Direxion, ProShares and Tidal received letters from the SEC citing legal provisions under the Investment Company Act of 1940. The law caps … Read more
The chorus of voices calling for a presidential pardon of Samourai wallet developers Keonne Rodriguez and William Lonergan Hill is growing, as Bitcoin advocates and policy groups call on US President Donald Trump to intervene before the pair report to prison next year. Rodriguez and Hill were sentenced in November to five and four years … Read more
Prediction platform Polymarket has begun rolling out its relaunch in the United States, announcing that waitlisted users will be the first to access its US app. In a Wednesday X post, Polymarket said that it would be making its US app available to waitlisted users, beginning with bets on sports event contracts, “followed by markets … Read more
Bitcoin (BTC) gained 5.81% on Tuesday, its biggest daily return since May 8. As the rally unfolded, a bullish engulfing pattern formed, marking the first significant structural shift on the daily chart in the fourth quarter. Traders now wonder if there is an increased chance for a sustained recovery over the coming day. Bitcoin one-day … Read more
XRP shows renewed strength as traders crunch the charts to see if a rally into the $2.30 to $2.50 zone is possible. Does the bulk of the move depend on Bitcoin’s short-term performance?