Ethereum funding rate flattens to near zero as traders pull back leverage
On June 4, Ether’s 8-hour network-wide average funding rate was only 0.0028%, according to CoinGlass. This low rate suggests traders…
Category: Financial
SpaceX IPO draws record Wall Street fanfare, but valuation math gives analysts pause
SpaceX is set to launch the largest IPO in U.S. history as early as June 12 at a valuation near…
Anthropic’s warning: AI is on the cusp of getting smarter on its own
US-based AI firm Anthropic warns AI development is advancing at a pace that could soon see agents building, training and…
NVIDIA Could Seal a Major Alliance With Apple After Launching Nemotron 3 Ultra AI model
According to recent reports, Apple plans to power its new Siri on NVIDIA Blackwell chips through Google Cloud starting in…
Mastercard expands on-chain settlement in bet on stablecoins and always-on finance
Mastercard is expanding its settlement network to support regulated stablecoins, a move that could help bring blockchain-based payments deeper into…
Bitcoin’s lack of fresh investors matters more than Strategy’s sale, Citi says
Strategy’s (MSTR) recent bitcoin sale has had an outsized impact on market sentiment, but Wall Street bank Citi does not…
US Spot Bitcoin and Ethereum ETF Outflows Deepen! Here’s All the Data
Investor outflows from US-based spot Bitcoin and spot Ethereum ETFs continue unabated. On June 2nd, a net outflow of $519.23…
Brian Armstrong’s NewLimit Raises $435M for Human Trials
NewLimit, a longevity biotech startup co-founded by Coinbase CEO Brian Armstrong, has raised $435 million in Series C funding to…
Are Huge Tech IPOs Sucking Cash From Crypto?
Yoshitaka Kitao, CEO of Japanese financial giant SBI Holdings, has attributed the sluggish price action to a massive capital rotation.…
Kraken parent Payward plans to offer tokenized IPO access as investors await blockbuster debuts
Kraken’s parent company is bringing one of Wall Street’s most coveted opportunities to crypto investors: buying into IPOs at the…