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Author: James Wilson
Bitmine continues its Ethereum buying spree while chairman Tom Lee warns that crypto markets are still struggling with weak market maker liquidity. Summary Bitmine’s latest ETH purchase strengthens its push to build one of the largest corporate crypto treasuries. The firm continues buying through OTC desks during market volatility, leaning on equity raises and staking rewards. Tom Lee says the market slump is tied to damaged market maker balance sheets after the October liquidation shock. Bitmine has purchased another 17,242 ETH, worth about $49 million, according to data shared by analytics firm Onchain Lens on Nov. 21. The company now…
Shiba Inu has introduced a cryptocurrency debit card in collaboration with Bitget Wallet, according to an announcement from the project, marking an expansion of the token’s payment utility. Summary Coinbase has launched Ethereum-backed loans for eligible U.S. users (excluding New York). The service allows borrowers to access up to $1 million in USDC without selling their ETH holdings. The launch strengthens Coinbase’s DeFi integration, tapping into the growing crypto-native credit market. The Shiba Inu-branded (SHIB) card offers zero-fee spending with no conversion fees, foreign exchange fees, or hidden spreads, according to the companies. Early adopters will receive Shiba Inu token…
Kalshi has raised another $1 billion, lifting the prediction-market platform to an $11 billion valuation. Summary Kalshi raised $1 billion, lifting its valuation to $11 billion. The company is growing fast with new data, custody, and product partnerships. It faces fresh state-level legal pressure even after winning federal approval. The raise comes less than two months after the startup secured $300 million at a $5 billion valuation, marking one of the fastest valuation jumps in the sector this year. Details of the latest finding round were shared on a Nov. 20 TechCrunch report, citing a person familiar with the deal.…
Coinbase has launched Ethereum-backed loans for eligible U.S. customers, allowing users to borrow up to $1 million in USDC without selling their ETH holdings, the cryptocurrency exchange announced. Summary Coinbase has launched Ethereum-backed loans for eligible U.S. users (excluding New York). The service allows borrowers to access up to $1 million in USDC without selling their ETH holdings. The launch strengthens Coinbase’s DeFi integration, tapping into the growing crypto-native credit market. Coinbase lets ETH holders borrow millions without selling The service represents one of the exchange’s largest decentralized finance-integrated offerings to date, according to the company. The launch follows Coinbase’s…
Polymarket and Kalshi are doubling down on their future — literally — as both prediction-market platforms push into web3 and global markets in search of new revenue streams. Both startups are also on the hunt for regulatory approvals, and partnerships with sports organizations. Summary Polymarket and Kalshi reportedly kicked off expansion efforts. The plans were unveiled at a private New York dinner attended by ICE CEO Jeffrey Sprecher. Both platforms are exploring decentralized technologies and international venue partnerships as trading volumes rise. Bloomberg reports the expansion was kicked off in classic Wall Street fashion: with a private dinner high above…
Imagine the internet as a vast ocean, with the surface web representing the visible portion we navigate daily. Beneath there is a hidden realm where stolen data, illicit goods, and cybercriminal activities lurk called Dark Web. Dark web monitoring is your guardian in this hidden world, continuously scanning for traces of your personal information or compromised credentials. In this article, we will dive deep into dark web monitoring, how it works, its benefits, and how to buy a perfect dark web monitoring software. What is Dark Web Monitoring? Dark web monitoring is a critical cybersecurity tool that continuously scans the…
You can buy Bonfida or Fida tokens from various platforms such as FTX, Gate.io, etc. Moreover, on buying FIDA tokens through FTX you’ll be getting a 5% discount on your trading fees. Wanna know how? Keep reading. Summary (TL;DR) Bonfida is the flagship Solana GUI and full product suite which fills the gap between users and Solana, Serum. It offers a limited governance model which depends upon the FIDA token, and its primary aim ranges from on-chain advanced orders to Basic and advanced UI, etc. FIDA token being the native token of the Bonfida platform, can be used for various purposes, including burn/…
Numerai — the San Francisco hedge fund that looks more like a sci-fi lab than a Wall Street operation — has raised $30 million in Series C funding, the company announced. Summary Numerai scored backing from university endowments and existing investors like Union Square Ventures and Paul Tudor Jones. The AI-driven hedge fund now marches toward nearly $1 billion in AUM. Numerai plans to expand AI engineering, grow its global data science tournament, and scale institutional products. The round, led by university endowments, values Numerai at $500 million. That’s a fivefold leap from 2023, suggesting the company’s AI models were…
Analysts at JPMorgan warn that more than 20% of Strategy’s market cap sits in passive indices, which are now threatening to delist it. Summary Michael Saylor’s Strategy could lose $2.8 billion if MSCI removes it from its passive indices The Bitcoin treasury firm could lose a further $8.8 billion out of its $50 billion market cap if others follow MSCI is currently considering a proposal to exclude crypto treasury firms from its benchmark indices Michael Salyor’s Bitcoin buying machine could face a reckoning that could wipe out more than 20% of its total market cap. On Wednesday, November 19, analysts…
Implementing a trading strategy is the most important part of a trader’s journey. Therefore, this article will help you learn one of the most famous trading strategies, and at the same time will allow you to test your trading strategy. If you’re new to the crypto space and you wanna make some money by trading crypto, 3 things might hover in your mind: You want to gain returns without loosing money.You need no simulators to do thatFurther, you might need to tweak and improvise on trades What should be your approach? Assuming that you have at least 10 different trading…
