Ray Dalio, founder of Bridgewater Associates, now advises investors to allocate about 15% of their portfolio to either Bitcoin or gold for optimal risk-adjusted returns, though he personally favours gold. Dalio’s recommendation comes as a hedge against the growing US national debt (now US$36.7T) and the potential devaluation of fiatContinue Reading
CEA Industries (VAPE), a Canadian vape company, is transforming into a publicly traded BNB treasury, fueled by a US$500M+ private placement and US$750M in warrants, creating up to US$1.25B in capital. News of the strategic shift caused VAPE’s share price to surge nearly six-fold, from US$8.88 to US$57.5. The projectContinue Reading
The US government has filed a civil complaint to seize 20.2 BTC (worth US$2.4M) from the ransomware group Chaos. If approved, these funds could be added to the proposed US Strategic Bitcoin Reserve. Estimates of the US government’s total Bitcoin holdings vary wildly. While some trackers show around 198,000 BTC,Continue Reading
Tron Inc. filed a shelf registration with the SEC to issue US$1 billion (AU$1.52 billion) in securities. The offering includes common and preferred shares, debt instruments, and warrants, depending on market timing. Funds raised will expand Tron Inc.’s TRX token holdings, already exceeding 365 million following the merger. Tron Inc.,Continue Reading
A federal judge rejected Ripple and the SEC’s joint US$50 million settlement request, criticising both parties for attempting to bypass her permanent injunction against Ripple’s securities law violations. Investors are increasingly betting on XRP and altcoin ETF approvals, with analysts citing renewed ETF speculation and expected legal clarity in 2025Continue Reading
Qubic uses Monero mining via uPoW to earn XMR and reinforce its own AI-secured blockchain. Mined Monero is converted into Tether, then used to buy and burn QUBIC tokens in a loop. Qubic’s mining power surged to 40% of Monero’s network before settling near 27% by late July. The MoneroContinue Reading
A note from brokerage firm Bernstein sent Monday has explained how ETH treasury strategies using staking and DeFi to optimise yield increase liquidity management complexity and introduce smart contract security risks. Bernstein wrote that while these strategies add cash flow through staking rewards, compared to Bitcoin treasuries strategies they’re significantlyContinue Reading
PayPal now allows US merchants to accept payments in over 100 cryptocurrencies, with automatic conversion to PYUSD or USD. The new feature boasts transaction fees as low as 0.99%, aiming to provide a cost-effective and faster alternative to traditional cross-border payments for small and mid-sized businesses, though it’s currently unavailableContinue Reading
Australia’s financial regulator, ASIC, has issued a public warning against crypto exchange Bitget for allegedly promoting high-risk derivatives with extreme leverage to Australian users without the required AFS license. ASIC emphasised that these unlicensed products expose investors to significant losses and strip them of crucial protections under Australian financial servicesContinue Reading
Crypto ETPs saw their 15th consecutive week of net inflows, pushing year-to-date totals to US$29.5 billion and AUM to an all-time high of US$221.4 billion. Ethereum-based investment products attracted US$1.59 billion, their second-largest weekly inflow ever. ETH’s price surged over 55% in 30 days. SharpLink Gaming acquired another 77,210 ETH,Continue Reading
