PowerCompute, a Bitcoin miner expanding into high-performance computing, disclosed that its US Digital subsidiary borrowed about $18.07 million from Arch Lending under two bridge notes signed July 27. The notes had a listed July 31 […]
Crypto platform Luno has stopped customers covered by its regional-exit notice from sending their crypto to another wallet or exchange. With that option closed, their remaining standard route is to sell their holdings and withdraw […]
Zhibao Technology, a Nasdaq-listed Chinese insurtech company, signed a $154.7 million private investment in public equity (PIPE) agreement payable in 2,380 BTC. If it closes, investors would take control of the board and management. No […]
The Senate’s published floor plan for Monday contains no action on the CLARITY Act. Instead, senators are due to reconvene at 3 p.m., with the only listed roll-call vote at about 5:30 p.m. on cloture […]
Leveraged funds’ combined net bearish position across CME’s standard and micro Bitcoin futures narrowed by 5,566.5 BTC-equivalent between July 21 and July 28. The Commodity Futures Trading Commission’s futures-only report, released at 3:30 p.m. ET […]
Digital Asset Acquisition Corp., the SPAC seeking to combine with the parent of regulated bank Old Glory Bank, postponed the shareholder vote on the deal to 10 a.m. Eastern Time on Aug. 14 from July […]
Bitcoin’s leverage gauges barely flinched after Friday’s Bank of Japan decision. A yen short that had reached 152,125 contracts by July 21 grew to 163,412 by July 28, while Hajime Takata’s failed push for 1.25% […]
VanEck’s Bitcoin ETF ends its zero-sponsor-fee period today, July 31, with $1.076 billion in net assets, equal to 43.0% of the waiver’s $2.5 billion asset threshold. The VanEck Bitcoin ETF, which trades as HODL, reported the asset figure […]
Much of the adoption, however, benefits established financial institutions rather than token holders, Seiler said. As traditional finance integrates blockchain tech into existing workflows, less value accrues directly to crypto assets than investors expected several […]
Rectitude Holdings’ $32.625 million financing intended mainly to fund Bitcoin purchases ended without producing shares or cash, according to the Singapore safety equipment supplier’s annual report filed July 30. The agreement was terminated on Oct. […]
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