Semler Scientific Trades at Premium to Bitcoin Holdings for First Time in Three Weeks
Semler Scientific (SMLR) is now trading at a premium to its bitcoin BTC holdings for the first time in three weeks, a signal the company may soon buy more of the largest cryptocurrency by market value. The premium, measured by the multiple net asset value (mNAV), is 1.149, the first time it’s been above parity […]
What’s Driving SEI Prices as Token Soars 50% in a Week
Sei’s native token, SEI SEI, has jumped more than 50% in the past week, beating all other top-100 tokens by market cap as analysts pointed to a “multifactor rally” behind the spike. “We think SEI just delivered one of the cleanest multi-factor rallies we’ve seen this year — up 45% intraday on 4x average volume. […]
Australia’s Securities Regulator to Probe ASX After Collapsed Blockchain Project
Australia’s Securities and Investment Commission (ASIC) has turned to three of the country’s most seasoned finance figures to probe the inner workings of the Australian Securities Exchange, including the exchange’s doomed blockchain project. ASIC launched the inquiry on June 16 over “ongoing concerns” it and the Reserve Bank of Australia expressed about the exchange’s ability […]
Crypto Exchange Kraken Wins MiCA License in Ireland
Cryptocurrency exchange Kraken has been granted a license to operate in the Republic of Ireland under the European Union’s Markets in Crypto Assets (MiCA) regulation. Kraken will now be able to offer crypto services across the 30 countries in the European Economic Area (EEA), allowing it to scale its business much faster across the region, […]
Coinbase Brings Wrapped Cardano, Litecoin to Base With cbADA, cbLTC
Coinbase has introduced cardano’s ADA ADA and litecoin LTC on its Ethereum layer-2 network Base via cbADA and cbLTC. These assets are fully backed by ADA and LTC locked in Coinbase custody, minted and burned on demand at a one-to-one ratio, with regular proof-of-reserves to back up the claims. Data shows over 11,300 wrapped LTC […]
‘XRP to $3’ Searches Rise as Token Shows Whale Activity Spike
XRP surged nearly 6% in a dramatic late-session breakout, powered by an explosive volume spike that quadrupled its hourly average and confirmed a fresh support zone above the $2.20 threshold. The rally came as whale wallets moved hundreds of millions of dollars worth of XRP, yet the market shrugged off sell pressure, signaling strong underlying […]
Dogecoin Bulls Defend 16 Cent Support as Elon Musk’s X Payments Speculations Loom
Dogecoin is showing fresh signs of strength after rebounding 17% from weekend lows, with strong buying pressure defending the critical $0.16 support zone. The bounce comes as geopolitical tensions and macroeconomic uncertainty continue to weigh on markets, yet DOGE appears to be building a higher low structure that could set the stage for further upside. […]
CoinDesk 20 Performance Update: SUI Drops 4.6%, Leading Index Lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2982.19, down 0.6% (-17.53) since 4 p.m. ET on Wednesday. Three of 20 assets are trading higher. Leaders: BCH (+2.7%) and ETH (+0.5%). Laggards: SUI (-4.6%) and HBAR (-3.5%). […]
Bitcoin’s Bull Case Strengthens as Dollar Index Slides, Nvidia Hits Record High Amid Recession Cues
Bitcoin’s BTC price has rebounded nearly 10% from weekend lows, with key developments in traditional markets supporting the case for continued gains ahead. The dollar index, which tracks the value of the greenback against major fiat currencies, dropped to 97.27 early Thursday, the lowest level since February 2022, according to data source TradingView. The decline […]
Ex-Blackstone, Tether Execs Seek $1B to Build Multitoken Crypto Treasury: Bloomberg
A blank-check company backed by former Blackstone dealmaker Chinh Chu and Tether co-founder Reeve Collins is looking to raise $1 billion to build a publicly traded cryptocurrency treasury firm, Bloomberg reported citing sources familiar with the plans. The vehicle, M3-Brigade Acquisition V, plans to rebrand and use the cash to buy a basket of tokens […]
