HashKey Group Gets $30M Investment From Chinese VC Gaorong Ventures: Report

Gaorong Ventures, a prominent Chinese venture capital firm known for its early backing of internet giants in the country, has invested $30 million into the operator of Hong Kong’s largest licensed crypto exchange, HashKey Group, according to a Bloomberg report. The backing came at a pre-money valuation of over $1 billion, according to the report. … Read more

Crypto Daybook Americas: Roses Are Red, Violets Are Blue, Inflation Is Hot, but Bitcoin Shines Through

By James Van Straten (All times ET unless indicated otherwise) Bitcoin (BTC) continues to climb the wall of worry, pushing above $97,000 despite hotter-than-expected U.S. consumer and producer price inflation reports in the past couple of days. That’s a surprise. With prices rising and the likelihood of a Fed rate cut receding, you’d expect risky … Read more

Open source code repository says ‘far-right forces’ are behind massive spam attacks

The open source code repository Codeberg has blamed the far right for a recent campaign of abuse and harassment across its systems. “Projects advocating tolerance and equal rights” were subjected to spam campaigns using abusive messages, which escalated to spam emails sent to users via Codeberg’s own automated systems. Codeberg says it stands strong “against … Read more

Bitcoin Short-Term Holders Now Possess Over 4M BTC, Shows Cycle Has More Room To Run: Van Straten

Short-term bitcoin (BTC) holders (STHs) have added 1.5 million bitcoin (BTC) since September taking the total to over 4 million bitcoin, according to Glassnode. This equates to an average accumulation of approximately 300,000 BTC per month. During this period, bitcoin surged from $60,000 to $109,000 before pulling back below $100,000. Glassnode defines STHs as those … Read more

Coinbase Benefits From Strong Near-Term Momentum, 2025 Is Off to a Good Start: JMP

Coinbase (COIN) finished 2024 with very strong business momentum as sentiment about the wider digital asset industry improved, broker JMP said in a research report on Thursday after the crypto exchange’s fourth quarter results. JMP raised its Coinbase price target to $475 from $400 and reiterated its market outperform rating. The shares dropped 1.3% to … Read more

Japanese Energy Firm Remixpoint Boosts Crypto Holdings More Than 8,000% in 9 Months

Remixpoint (3825), a Japanese energy consulting firm that decided build up cryptocurrency reserves, boosted its holdings by more than 8,000% in the nine months ended Dec. 31 and is now close to having spent its target of 10 billion yen ($65 million). The Tokyo-based company held 5.8 billion yen ($38 million) of crypto at year-end, … Read more

XRP, DOGE Rally as SEC Acknowledges ETF Filings, JUP Cheers Token Buyback Plan

Alternative cryptocurrencies, or altcoins, made waves Friday as XRP and dogecoin (DOGE) drew strength from spot ETF optimism and Solana-based decentralized exchange Jupiter’s JUP token cheered the platform’s buyback program. The U.S. Securities and Exchange Commission (SEC) has acknowledged Grasycale’s applications for XRP and dogecoin (DOGE) spot ETFs, Fed. 13 updates by the market regulator … Read more

Plain pulls in $15M to agregate B2B customer services chats into one platform

Internal customer support platforms are moving from platforms like email ticketing systems and chat to channels like Slack, Microsoft Teams, and even Discord. But with Slack, for instance, able to host hundreds of channels, the whole thing can become quite unwieldy.  Plain, out of the UK, thinks it has the answer. Its API-first platform consolidates … Read more