Crypto News
Strategy Buys $110 Million in Bitcoin as BTC Holdings Near $63 Billion
The Tysons Corner, Virginia-based firm announced a Bitcoin purchase for the ninth week in a row.Source link
The End of Bitcoin Maximalism
The launch of Bitcoin in 2009 created a resilient and decentralized monetary asset. Early adherents rallied around it as a singular innovation — immutable, fixed-supply, and leaderless. Over time, this coalesced into a belief system: Bitcoin maximalism. The argument was simple. Bitcoin came first. It had the most Proof-of-Work security. The most conservative monetary policy. All other assets were distractions or regressions.But that framing increasingly diverges from how Bitcoin is now being applied in practice.Interoperability Becomes the New NormToday, the crypto ecosystem is no longer a collection of isolated silos or, at least, it needn’t be. Interoperability is the backbone of Web3. The same technologies that maximalists once dismissed, like wrapped bitcoin and cross-chain bridges, are now exposing the limitations...
Ethereum ETFs Have Seen 15 Straight Days of Green—Here’s Why
Ethereum ETFs notch 15-day winning streak with $837M inflows as institutional investors shift focus from speculative Bitcoin to ETH infrastructure.Source link
Stablecoins Shatter $250B Barrier in Historic Crypto Milestone
The stablecoin sector has officially vaulted beyond the $250 billion milestone, according to data from defillama.com. Over the past week alone, an additional $2.51 billion has poured into the swelling ecosystem of fiat-pegged digital tokens. Stablecoins Cross $250B for the First Time Ever—What’s Next? For the first time ever, the stablecoin market has cracked theSource link
Coinbase Alum-Founded Turnkey Raises $30M Series B to Grow Engineering Team: Report
Crypto wallet infrastructure company Turnkey has raised $30 million in Series B funding led by Bain Capital Crypto, Fortune reported on Monday.Turnkey, which was co-founded by former Coinbase employees Bryce Ferguson and Jack Kearney, aims to help developers build user-friendly wallets using application programming interfaces (APIs).This can help wallets become more streamlined and easy to use, Ferguson said.“We’re moving from this world of these slow, clunky systems that were designed for buying and holding crypto to very high throughput, machine-based transactions,” he said, according to Fortune's report. The company counts prediction market platform Polymarket, non-fungible token (NFT) marketplace Magic Eden and Stripe-owned stablecoin firm Bridge among its clients. The funding also included contributions from Lightsped Faction and Galaxy Ventures, who...