TradFi Archives - Page 2 of 11

Ark Invest pivots to BitMine amid rising Ethereum treasury

Leave a Comment / BitMine, Block, cathie wood, Coinbase, Investments, Robinhood, SHARPLINK, TradFi, Trading / best time

Cathie Wood’s Ark Invest has shifted its crypto-focused investment strategy, reducing its holdings in Coinbase, Robinhood, and Block in favor of BitMine Immersion, an Ethereum-focused treasury firm. According to Ark’s July 21 trading disclosures, the firm added 4.4 million BitMine Immersion (BMNR) shares to three of its actively managed exchange-traded funds (ETFs). This marks a notable strategic […]

Ark Invest pivots to BitMine amid rising Ethereum treasury Read More »

Strategy’s STRC stock challenges US Treasuries with higher yield

Leave a Comment / Bitcoin, BTC, crypto, Investments, Strategy, STRC, TradFi, Trading / best time

Bitcoin-focused treasury firm Strategy has introduced a new class of perpetual preferred shares, the Series A Variable Rate Stretch Preferred Stock (STRC), according to a July 21 statement. According to the firm, it plans to issue five million STRC shares at a face value of $100 each, pending regulatory clearance and market conditions. STRC vs

Strategy’s STRC stock challenges US Treasuries with higher yield Read More »

BitGo joins flurry of crypto firms eyeing IPOs

Leave a Comment / crypto, Exchanges, Featured, TradFi / best time

BitGo has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) for a potential initial public offering, signaling its intent to enter public markets amid renewed momentum in the digital asset sector. The company’s Form S-1 submission does not include share counts or pricing details, and the offering remains contingent on regulatory review

BitGo joins flurry of crypto firms eyeing IPOs Read More »

JPMorgan reveals global regulators favor tokenized bank deposits over stablecoins

Leave a Comment / Banking, crypto, Featured, Regulation, Stablecoins, TradFi / best time

JPMorgan’s latest research indicates that international regulators are more inclined to support tokenized deposits, particularly those that preserve the existing structure and stability of fiat-based banking systems, The Block reported on July 18. According to the Wall Street lender, financial regulators outside the United States are showing a growing preference for tokenized bank deposits over

JPMorgan reveals global regulators favor tokenized bank deposits over stablecoins Read More »

Charles Schwab CEO says Bitcoin, Ethereum trading coming soon

Leave a Comment / Adoption, crypto, Featured, TradFi, Trading / best time

Charles Schwab CEO Rick Wurster confirmed the brokerage plans to add Bitcoin (BTC) and Ethereum (ETH) trading for its customers during an interview with CNBC on July 18. According to Wurster, the move comes amid heavy client demand to see all their asset exposure in the same dashboard. He said: “Our clients are invested in

Charles Schwab CEO says Bitcoin, Ethereum trading coming soon Read More »

Coinbase stock hits all-time high amid legislative triumphs

Leave a Comment / Coinbase, Exchanges, TradFi / best time

Coinbase stock soared to a new all-time high of $436 during early trading on July 18, driven by renewed investor confidence following significant legislative wins for the crypto industry. According to Yahoo Finance data, this is the highest price for Coinbase shares since the company debuted on the Nasdaq in 2021. The price increase also

Coinbase stock hits all-time high amid legislative triumphs Read More »

Bitcoin Standard to go public on Nasdaq with 30,021 Bitcoin treasury following Cantor merger

Leave a Comment / Adoption, crypto, Deals, Featured, TradFi / best time

Bitcoin Standard Treasury Company has agreed to merge with Cantor Equity Partners I (CEPO) in a SPAC transaction that will take the Bitcoin-focused treasury vehicle public on Nasdaq under the ticker BSTR once the deal is closed. The parties signed the Business Combination Agreement dated July 16 and released the announcement today. BSTR plans to

Bitcoin Standard to go public on Nasdaq with 30,021 Bitcoin treasury following Cantor merger Read More »

Metaplanet’s Bitcoin commitment attracts 6M stake from Fidelity subsidiary

Metaplanet’s Bitcoin commitment attracts $816M stake from Fidelity subsidiary

Leave a Comment / Bitcoin, crypto, Fidelity, Investments, Metaplanet, TradFi, Trading / best time

Metaplanet has announced that National Financial Services LLC (NFS), a subsidiary of Fidelity Investments, is now its largest shareholder. In a July 15 disclosure, the firm revealed that NFS holds 84.4 million shares, equivalent to 12.9% of its total equity. Based on current valuations, this stake is worth approximately ¥121 billion or around $816 million.

Metaplanet’s Bitcoin commitment attracts $816M stake from Fidelity subsidiary Read More »

Coinbase’s 0 billion milestone sparks trillion-dollar company speculation

Coinbase’s $100 billion milestone sparks trillion-dollar company speculation

Leave a Comment / Coinbase, Exchanges, Featured, TradFi, Trading, US / best time

Coinbase has crossed a significant milestone, reaching a market capitalization of over $100 billion amid renewed momentum across the crypto sector. According to Google Finance data, shares of Coinbase (COIN) reached a new all-time high of $398.50 during trading hours on July 14. However, the stock’s value ended the day at around $394, reflecting a

Coinbase’s $100 billion milestone sparks trillion-dollar company speculation Read More »

Grayscale’s confidential SEC filing hints at public debut by 2025

Leave a Comment / crypto, ETF, Featured, Regulation, TradFi / best time

Grayscale Investments took a significant step toward going public on July 14 by submitting a confidential draft registration statement to the U.S. Securities and Exchange Commission (SEC). Such filings usually signify a firm’s intent to conduct an initial public offering (IPO), making Grayscale the latest in a wave of crypto firms pursuing IPOs after the

Grayscale’s confidential SEC filing hints at public debut by 2025 Read More »