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NewLimit, the new company founded by Coinbase's founder, has completed a $435 million Series C financing round, led by Founders Fund
Longevity technology startup NewLimit, co-founded by Coinbase founder Brian Armstrong, announced the completion of a $435 million Series C funding round, with a valuation of $3.1 billion. This round was led by Founders Fund, a fund under Peter Thiel, with continued participation from Abstract Ventur...
Bitcoin is no longer just a risky asset, says BlackRock executive
For BlackRock, Bitcoin's rebound towards $80,000, its decoupling from the Nasdaq, and the return of ETFs reinforce its role as a diversifier.
Japanese Opposition Alliance on the Brink of Collapse After Failed Merger
Japan's centrist opposition alliance faces a possible breakup after the Constitutional Democratic Party rejected joining a merger with Komeito. The crisis threatens to weaken opposition cooperation ahead of next year's local elections and could benefit the ruling coalition led by Prime Minister Sana...
Wall Street Morning Brief: Hawkish Waller Interrupts Computing Frenzy, Cloud Giants Thrive on 'AI Rent', Price Hikes Hit Upstream
Asian Market Open and Cryptocurrency Volatility: How Nikkei 225, KOSPI, and Yen Carry Trade Affect Bitcoin
During the Asian market opening, the strengthening yen, declines in Nikkei 225 futures, KOSPI futures, and changes in cryptocurrency open interest can lead to increased volatility in Bitcoin.
Outlook on 'Dollar Stablecoins' from Jackson Hole: "Dollar Hegemony Will Strengthen"
As dollar-based stablecoins spread, there is an analysis suggesting that the international dominance of the U.S. dollar may actually strengthen. Some have raised concerns that if bank deposits shift to stablecoins, the effectiveness of central bank monetary policy could weaken, and the impact of U.S...
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