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‘Bitcoin Is Not an Asset Class,’ Says One of UK’s Largest Retail Investment Platforms
Hargreaves Lansdown says bitcoin lacks intrinsic value and shouldn’t be part of portfolios, even as it prepares to launch crypto ETN trading for clients early next year.
BTC, ETH, XRP, SOL Face Slow Bottoming Process After $16B Liquidation Shock
The multi-step bottoming process could be slow due to several reasons, including liquidity constraints over the weekend and slow absorption of supply.
Galaxy Gets $460M Investment by 'Large Asset Manager' for Its HPC Push
The unnamed investor bought nearly 13 million shares from the company and some executives. The firm intends to use the proceeds to boost its Helios data center project.
Russia Acknowledges Crypto’s Popularity With Its Citizens as Central Bank Weighs Bank Involvement
The Finance Ministry noted growing crypto adoption, while the central bank laid out plans to let banks participate under strict capital and reserve requirements.
Prestige Wealth Raises $150M to Become Tether Gold Treasury Vehicle
Most of the capital will be used to acquire tokenized gold reserves, aiming to build a publicly verifiable, blockchain-native treasury
$21M Crypto Theft on Hyperliquid Tied to Private Key Leak: PeckShield
According to PeckShield, the theft stemmed from a private key compromise, allowing an attacker to drain the victim’s funds in a single swift move.
Bitcoin Miners Emerge as Key AI Infrastructure Partners Amid Power Crunch: Bernstein
Miners’ secured grid capacity and high-density sites offer hyperscalers a faster, cheaper path to expand AI data centers as interconnection delays mount.
Kalshi Raises $300M at $5B Valuation, Expands Prediction Markets to 140 Countries: NYT
The funding round was led by major investors including Sequoia Capital, Andreessen Horowitz, Paradigm, CapitalG and Coinbase Ventures.
Metaplanet Pauses Share Sales to Fund Bitcoin Purchases
The Bitcoin-focused firm paused stock acquisition rights for 20 trading days as its stock's multiple to net asset value hit a cycle low.
Bitcoin Miners Rally in Pre-Market as Sector Nears $90B Market Cap
AI and high-performance computing demand fuel fresh gains, with miners eyeing a potential $100 billion market cap by year-end
