Browsing tag

First Mover

Galaxy Digital to Raise $100M for New Fund

Galaxy Digital’s venture team has long invested its own money in crypto companies. Now, it’s planning to do that with outside investors’ capital, too. The investments giant is putting together a $100 million fund that will invest in early-stage crypto companies, according to an investor email shared with CoinDesk. Galaxy moved its venture capital franchise […]

Tokenized Treasury Notes Surpass $1B

The market for tokenized U.S. Treasury debt is booming. The market value of Treasury notes tokenized through public blockchains like Ethereum, Polygon, Avalanche, Stellar and others has crossed above $1 billion for the first time, data tracked by Tom Wan, an analyst at crypto firm 21.co, show. Tokenized Treasuries are digital representations of U.S. government […]

Fantom’s FTM Outperforms Ahead of Upgrade

Layer 1 blockchain Fantom’s native token, FTM, has gained over 190% in four weeks, becoming the best-performing non-meme cryptocurrency among the top 100 digital assets by market value. FTM’s price surged to $1.16, the highest since April 2022, according to data tracked by CoinGecko. The token’s market capitalization jumped to $3.29 billion, becoming the 44th […]

El Salvador Holds More Bitcoin (BTC) Than Expected

Bitcoin-forward Central American nation El Salvador this week moved $400 million of bitcoin (BTC) – “a big chunk” – into a cold wallet, President Nayib Bukele said in a post on X (formerly Twitter). Bukele referred to the new setup as “our first #Bitcoin piggy bank.” El Salvador stored the cold wallet “in a physical […]

Artificial Intelligence (AI) Tokens Reclaim the Spotlight

Artificial Intelligence (AI)-related tokens took the lead Thursday, with Fetch.ai (FET) rallying 35% in 24 hours, followed by SinglarityNET (AGIX), which jumped 30%. According to Miles Deutscher, a crypto analyst, AI-related tokens are pumping as the global AI Nvidia conference for developers and engineers approaches on March 18. Deutscher tweeted he expects the AI-run to […]

Bitcoin Surpasses $65K, Meme Tokens Rally

Bitcoin (BTC) crossed $65,000 in European morning hours on Monday, inching closer to a lifetime peak of $69,000 set November 2021 as the value of bullish bets rose to a record. The largest cryptocurrency has added over 6% in the past 24 hours, while the CD20, a broad-based liquid index of various tokens, rose 5.6%. […]

Is Bitcoin Rallying Ahead of Schedule?

Bitcoin (BTC) has gained over 40% in four weeks and is just 10% short of challenging its record high near $69,000. The surge is consistent with the cryptocurrency’s record of rallying ahead of and after the quadrennial mining reward halving. That said, bitcoin call-put skews, which measure the cost of call options relative to puts […]