A new venture capital firm focused on prediction markets is launching with backing from Polymarket founder and CEO Shayne Coplan and Kalshi co-founder and CEO Tarek Mansour, Bloomberg reported. The firm, called 5c(c) Capital (named after a section of the Commodity Exchange Act that governs prediction markets) may be the first venture fund built specifically…
Bitcoin BTC$70,830.49 held onto gains Monday after an early surge above $70,000, but the rebound’s fate now hinges on what’s next between the U.S. and Iran. The move followed U.S. President Donald Trump’s announcement of a five-day pause on strikes against Iranian energy infrastructure, citing “productive” diplomatic talks. Iranian officials denied the existence of talks,…
The Solana Foundation is making a new pitch to large institutions: privacy as a customizable feature, not a trade-off. In a report released on Monday by the foundation, “Privacy on Solana: A Full-Spectrum Approach for the Modern Enterprise,” the organization argued that the next phase of crypto adoption will depend less on transparency alone and…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2025.84, up 0.2% (+3.37) since 4 p.m. ET on Friday. Seven of 20 assets are trading higher. Leaders: BCH (+2.3%) and SOL (+1.0%). Laggards: APT (-5.3%) and ICP (-3.6%)….
NovaBay Pharmaceuticals (NBY) — a nanocap with a market capitalization of about $30 million — has renamed itself Stablecoin Development Corporation and changed its ticker to SDEV, marking a full shift from healthcare to crypto. This follows a $134 million private placement backed by firms including Framework Ventures and Tether Investments, the company said. The…
BlackRock Chairman and CEO Larry Fink used his annual letter to shareholders to argue that digital assets and tokenization could help update the financial system, even as he warned that the U.S. economic model is leaving too many people behind. In the letter, Fink said the current system has delivered most of its gains to…
Strategy (MSTR) has unveiled a $42 billion at the market (ATM), equity program, split between $21 billion of Class A common stock (MSTR) and $21 billion of its Variable Rate Series A Perpetual Stretch Preferred Stock, Stretch (STRC), according to an 8-K filing. The company also introduced a new $2.1 billion ATM for its STRK…
Backpack Exchange, a Solana-based cryptocurrency trading platform, launched on Monday its native token, BP, detailing a token generation event (TGE) that includes a mix of user distribution, lockups and a mechanism tied to company equity. At launch, 25% of the token’s 1 billion total supply—around 250 million BP—will be distributed, primarily through an airdrop to…
H100 Group (H100), a Stockholm-based publicly listed bitcoin BTC$70,843.09 treasury company focused on providing institutional exposure to bitcoin, said it signed a letter of intent to acquire Norwegian peers Moonshot AS and Never Say Die AS to increase its holdings of the largest cryptocurrency. If completed, the deal would roughly triple H100’s bitcoin stash to…
Crypto prices surged on Monday after U.S. President Trump said the nation would pattacks against Iran. Trump said in a Truth Social post that the two countries held “very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East.” Attacks against Iran’s infrastructure will be postponed for a…
