FTX Suspends Sale of $500M Stake in Anthropic

Coinspeaker FTX Suspends Sale of $500M Stake in Anthropic Bankrupt crypto exchange FTX has paused the sale of its stake in Anthropic, an artificial intelligence (AI) startup. Bloomberg revealed that the company is suspending selling its most sought-after assets worth $500 million despite multiple parties being interested in the deal. According to the report, Parella Weinberg […]

Invasion of TradFi: Crypto’s Alternative Status at Risk?

In a concerted effort to capitalize on a weakened industry, TradFi giants such as Blackrock, Citadel, and Deutsche Bank are seizing opportunities in the crypto market this week. The 2021 bull market brought mainstream attention to cryptocurrencies, leading to a shift in perception among skeptics. However, the latecomers now aim to strike when the market […]

The surge in Stacks explained: Where to invest next?

In this declining market, it’s rare for a cryptocurrency to post a 2x return. But Stacks (STX) achieved this in June, thanks to some favorable events. The smart contract platform is closely associated with Bitcoin (BTC), yet many investors see Stacks as a better option for their pocket.  Meanwhile, you may wonder where to invest […]

Cronos X Caldera: Delivers blockchain scalability

Cronos recently announced joining hands with Caldera for blockchain scalability. The network will use its rollup technology to reach scalability. The partnership was announced on the official Twitter handle of Cronos.  According to the tweet, Cronos has finally released its rollup deployment technology on the mainnet. Thus, the on-demand optimistic L2 rollups are available to […]

BITX records $5.5M in trade volume on launch day

Quick Take Eric Balchunas, Senior ETF Analyst for Bloomberg, has highlighted BITX as one of the most successful Bitcoin ETF launches of 2023. BITX is a leveraged Bitcoin Futures ETF that provides 2x exposure to BTC through futures contracts launched on June 27. On its first day, BITX saw a trading volume of $5.5 million […]

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