ARK Invest joins $403M raise for AI robotics firm Apptronik

Cryptocurrency-friendly investment firm ARK Invest has joined a massive Series A funding round for Apptronik, a Texas-based firm building humanoid robots. Apptronik, on March 18, announced the successful close of an oversubscribed $403M Series A funding round, adding another $53 million to the $350 million round disclosed in February. After investing in Apptronik’s Series A round, ARK has enabled … Read more

Michael Saylor’s Strategy Funding More Bitcoin Purchases With New Preferred Stock

Strategy (MSTR) Tuesday morning unveiled its latest twist at raising funds from capital markets to fund additional bitcoin (BTC) purchases, but there are indications the Wall Street spigot is slowing. The company’s Perpetual Strife Preferred Stock (STRF) offers a fixed 10% annual cash dividend, paid quarterly, according to an SEC filing If dividends are unpaid, … Read more

BlackRock’s BUIDL, Superstate and Centrifuge Win Spark’s $1B Tokenized Asset Windfall

Tokenized Treasury products of BlackRock-Securitize, Superstate and Centrifuge are poised to receive allocations from $1 billion investment plan initiated by Sky, formerly MakerDAO, an initiative designed to accelerate the adoption of real-world asset (RWA) tokenization on Sky-adjacent decentralized finance (DeFi) lending platform Spark. BUIDL, issued by BlackRock and Securitize and backed by U.S. Treasury bills … Read more

Industrial Tech Giant Siemens Adopts IoT Blockchains From Minima

Siemens, Europe’s largest industrial technology company, is working with distributor ledgers for the internet of things (IoT) builder Minima, to embed blockchains into the German giant’s devices across the automotive, robotics and energy sectors. Minima is working with Siemens Cre8Ventures division, an initiative to accelerate industrial transformation by collaborating with startups in the fields of … Read more

Coinbase stock may rally to $310 on Trump-led crypto policies

Coinbase exchange’s stock price has received an optimistic price prediction from a Bernstein analyst, citing improving crypto regulatory clarity in the world’s largest economy. Gautam Chhugani, an analyst at global asset management firm Bernstein, initiated coverage of Nasdaq-listed Coinbase (COIN) stock with an outperform rating and a price target of over $310. The analyst expects … Read more

Michael Saylor’s Strategy plans to offer 5M shares to buy more Bitcoin

Business intelligence firm and Bitcoin investor Strategy plans to offer 5 million shares of the company’s Series A Perpetual Strife Preferred Stock and use the proceeds to purchase more Bitcoin.  In an announcement, the company said it intends to use the proceeds for general purposes. This includes its working capital and “acquisition of Bitcoin.” However, … Read more

Boerse Stuttgart’s BX Digital Receives FINMA Approval for Digital Asset Trading

BX Digital received regulatory approval from the Swiss markets regulator to operate a digital asset trading and settlement platform, becoming the first of its kind in the country, it said. The license from the Financial Market Supervisory Authority (FINMA) allows the Zurich-based company to function as a distributed ledger technology (DLT) trading facility, streamlining transactions … Read more

Xapo Bank Offers Bitcoin-Backed Loans Giving Access to $1M in Cash Without Selling BTC

Xapo Bank, a wealth manager for long-term holders of bitcoin, said it is offering its members BTC-backed loans of up to $1 million. Crypto lending became something of a bête noire in recent years following a series of high profile collapses and bankruptcies that shook the crypto industry. But crypto-backed loans are now making a … Read more

Solana’s Biggest Protocol Jito Leans In on a Changed DC

Solana infrastructure project Jito on Tuesday claimed its protocol’s flagship token, JitoSOL, is not a security. That a crypto project would believe such a thing of its $2.4 billion asset is hardly surprising. More interesting: the very public method with which Jito delivered its opinion. Jito Foundation’s new “Securities Classification Report” explains in 24 footnoted … Read more

Halliday Raises $20M for AI Protocol to Eliminate Writing Smart Contracts for DeFi

Artificial intelligence (AI)-focused blockchain protocol Halliday said it raised $20 million to help fund development of its Agentic Workflow Protocol (AWP), which aims to speed development of decentralized finance (DeFi) applications and avoid the need for programmers to write smart contracts. The Series A funding round was led by venture capital giant Andreessen Horowitz’s (a16z) … Read more

Xapo Bank launches Bitcoin-backed USD loans targeting hodlers

Xapo Bank, a global cryptocurrency-friendly bank headquartered in Gibraltar, is betting on crypto lending revival by launching Bitcoin-backed US dollar loans. Qualifying Xapo Bank clients can now access Bitcoin (BTC) loans of up to $1 million, the firm said in an announcement shared with Cointelegraph on March 18. The new lending product is designed for … Read more

Coinbase Initiated at Outperform at Bernstein; Best-Positioned to Benefit From Regulatory Tailwinds

The crypto industry is expected to join the financial mainstream in the U.S. as the regulatory environment improves, and Coinbase (COIN) is well positioned to benefit from these tailwinds, broker Bernstein said in a report Monday. Bernstein initiated coverage of the crypto exchange with an outperform rating and a $310 price target. The shares dropped … Read more

Bitcoin stalls under $85K— Key BTC price levels to watch ahead of FOMC

Bitcoin’s (BTC) price failed another attempt at breaking above resistance at $85,000 on March 17. Since March 12, BTC price formed daily candle highs between $84,000 and $85,200, but has been unable to close above $84,600. Bitcoin 1-hour chart. Source: Cointelegraph/TradingView Bitcoin remains in “no man’s land” on the lower time frame (LTF) of the … Read more

Dogecoin millionaires are buying dips as DOGE price eyes 30% rally

Dogecoin (DOGE) price has crashed by over 70% after hitting $0.48 in December 2024. Interestingly, the memecoin’s richest holders have accumulated during the price declines, indicating their confidence in a potential rebound in the coming weeks. Dogecoin onchain metrics hint at price rebound Onchain data from Santiment shows that wallets holding at least 1 million … Read more

Stablecoin Protocol Level Aims to Expand $80M DeFi Yield Token With Fresh Capital Raise

Stablecoin protocol Level raised a fresh round of venture capital to expand its $80 million yield-paying stablecoin as yield-generating digital asset offerings are increasingly in demand with a cooldown in crypto prices. Peregrine Exploration, the development firm behind Level, received another $2.6 million led by early backer Dragonfly Capital with Polychain also participating, founders David … Read more

Crypto Daybook Americas: CAKE, TKX Add Spark as Bitcoin Treads Water Before Fed

By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC) traded around its 200-day average of $84,000 as the notorious Hyperliquid whale exited its multimillion dollar short BTC position. Smaller coins like CAKE, TKX, OKB and ATOM contributed to market optimism with positive performances. The SUI token struggled to extend Monday’s 6% surge, which … Read more

Bitcoin beats global assets post-Trump election, despite BTC correction

Bitcoin managed to outperform the other major global assets, such as the stock market, equities, treasuries and precious metals, despite the recent crypto market correction coinciding with the two-month debt suspension period in the United States. Bitcoin’s (BTC) price is currently down 23% from its all-time high of over $109,000 recorded on Jan. 20, on … Read more

MicroStrategy’s Double Bottom May Be Signal for New Bull Run: Technical Analysis

A bullish technical analysis pattern, contrasting with the one in bitcoin (BTC) that warned of a recent market swoon, is seemingly emerging on bitcoin-holder MicroStrategy’s (MSTR) price chart. The MicroStrategy pattern, a double bottom, comprises two consecutive troughs at about the same price, said to reflect downtrend exhaustion, and a trendline (a so-called neckline) drawn … Read more