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Crypto News
DDC Raises $528 Million to Buy BTC After Losing Money for at Least Four Years in a Row
The company’s shares were temporarily halted from trading on the New York Stock Exchange (NYSEAM) in April after its stock price fell below ten cents per share. Can Bitcoin Save DDC? Firm Raises $528M After 4-Year Losing Streak A…
South Korea’s Won Storms Crypto in 2025 With $663B in Trades—Second Only to the Greenback
Data from Kaiko Research reveals that South Korea’s won ranks as the second most heavily used fiat currency in crypto trading, just behind the U.S. dollar. Since the beginning of 2025, KRW-denominated trades have clocked in at a staggering…
Canada Approves First XRP Spot ETF on Toronto Stock Exchange
Purpose Investments will launch Canada’s first spot XRP exchange-traded fund (ETF) on the Toronto Stock Exchange on June 18, offering investors regulated exposure to XRP in both CAD and USD. XRP ETF by Purpose Receives Green Light, Trading…
Fold Announces $250M Equity Deal to Bolster Bitcoin Treasury
On Tuesday, Fold disclosed it has secured access to up to $250 million through an equity purchase facility intended primarily to acquire more bitcoin for its corporate reserves. Fold Gains Option to Raise $250M, Primarily for Bitcoin Buys…
Report: Justin Sun’s Tron Aims for Nasdaq Listing in High-Stakes Merger Deal
A new report from the Financial Times (FT) says crypto asset and blockchain infrastructure outfit Tron has its sights set on going public in the U.S. According to FT, two individuals “briefed on the matter” spilled the beans about Tron’s…
$1.5B in Crypto Still Sits in the Ruins of Firms Like FTX, Terraform, Celsius, and Blockfi
Over the past few years, a wave of digital asset firms collapsed for a mix of reasons—some dragged down by earlier disasters like the FTX and Terraform Labs fiascos. Here’s a closer look at a handful of wallets tied to those now-defunct…
Polymarket and Kalshi Traders Bet Big on Ethereum’s $6K Moonshot
Ethereum ( ETH) has had a bumpy year, tumbling 24% since Jan. 1 and sitting a whopping 48% below its peak price. But don’t count ETH out just yet—prediction markets are buzzing with optimism. Over on Polymarket, 25% of traders are betting…
Polymarket Data: Strait of Hormuz Closure Odds Nearly Double After Israel’s Strikes on Iran
As of June 14, the likelihood of Iran blocking or closing the Strait of Hormuz has risen to 47%, nearly doubling from 24% on June 11. Strait of Hormuz Closure Threatens Global Trade The odds of Iran blocking or closing the Strait of Hormuz,…
Bitcoin as DeFi Fuel: Altcoin Communities Mull BTC Reserves and Incentive Pools
As publicly listed firms continue integrating bitcoin into their balance sheets, crypto communities like Cardano and Polkadot have discussed echoing this strategy, deploying the leading digital currency in their own operations. Altcoin…
Public Filing Shows Trump Raked in $57M in Digital Asset Related Profits
Donald Trump reported tens of millions in income for 2024, including over $57 million tied to cryptocurrencies, according to his newly filed 2025 public financial disclosure. Trump Cashes In Big on Crypto and Name-Related Licensing Deals On…