Author: John Smith

Crypto funding roared back to life this week, with nearly $1.5 billion pouring into 18 projects — and one blockbuster IPO stealing the spotlight. Bullish, the Peter Thiel–backed exchange, priced its long-awaited NYSE debut at $37 a share and raised $1.1 billion. Finance and infrastructure players also dominated the week’s deals, from Story Protocol’s $220 million token-driven partnership with Heritage Distilling to fresh rounds for cybersecurity firm 1Kosmos and payments gateway Transak. Here’s the full breakdown of who raised what, and where investors are betting next, according to Crypto Fundraising data. Bullish Bullish priced its IPO at $37 per share,…

Stellar Lumens is on a tear, nearly doubling in value since July as record network activity and an upcoming protocol upgrade fuel hopes for further gains above $0.70. Summary Stellar price is approaching a bear market after falling by 17% from the year-to-date high. XLM has formed a bullish pennant pattern, pointing to more gains. Its transaction growth is accelerating ahead of the Stellar Protocol 23 upgrade. XLM price technical analysis The Stellar Lumens (XLM) token was trading at $0.43 on Saturday, Aug. 16, giving it a market capitalization of over $13 billion. It has jumped by 97% from its…

U.S. spot Ethereum ETFs recorded net outflows of $59.34 million on August 15, ending an eight-day streak that brought $3.7 billion in total inflows. The reversal comes as Ethereum (ETH) retreated from near all-time highs to current levels around $4,450. According to SoSoValue data, only BlackRock’s ETHA maintained positive flows with $338.09 million in single-day inflows, while other major ETFs posted outflows. Grayscale’s ETHE led withdrawals with $101.74 million in outflows, followed by Fidelity’s FETH at $272.23 million. Ethereum price surge drives institutional interest The recent surge in inflows coincided with Ethereum’s rally to $4,788. This brought ETH within 3%…

Cryptocurrency firms have increasingly dominated the IPO landscape in recent months, with stablecoin issuer Circle and exchange Bullish grabbing headlines. Bullish’s debut on Wednesday made it only the second publicly traded crypto exchange in the U.S., after Coinbase Global. Gemini wants to be next. Gemini’s IPO pitch comes with heavy losses attached The firm confidentially filed in June and plans to trade on Nasdaq under the ticker “GEMI.” Gemini, which hired Goldman Sachs and Citigroup to lead the underwriting, recently disclosed in its U.S. IPO filing that revenue fell and losses deepened in the first half of 2025, Reuters reports.…

Grayscale has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot Dogecoin ETF. The ETF would trade under the ticker “GDOG” on NYSE Arca. Summary Grayscale files S-1 with SEC to launch spot Dogecoin ETF under ticker GDOG Coinbase Custody will safeguard DOGE holdings, with passive ETF structure DOGE trades at $0.23, showing no rally despite rising meme coin ETF filings The filing renames the current Grayscale Dogecoin Trust to the new Grayscale Dogecoin Trust ETF. It will also allow investors to gain Dogecoin (DOGE) exposure without directly owning tokens. The ETF proposal…

The U.S.-based exchange-traded funds are once again on a winning streak, strengthening market confidence in Ethereum ETF inflows and the asset’s price trajectory. Summary U.S. Ethereum ETF inflows recorded $639.6 million in inflows on August 14, marking their eighth consecutive day of inflows. Total inflows over the past eight days have reached about $3.7 billion, signaling strong institutional demand. Market expectations for ETH to hit $5,000 are high, with Polymarket bettors placing the probability at 55%. Ethereum ETF inflows recorded another day of inflows on August 14, pulling a combined $639.6 million according to data from SoSoValue. BlackRock made up…

The Federal Reserve has announced that it will terminate a supervisory program that focused increased bank scrutiny on cryptocurrencies. Summary The Federal Reserve Board is terminating its novel activities supervision program. Fed says its reverting to its standard supervision process for cryptocurrencies. U.S. banking regulators have issued clarifications on banks and crypto activities amid a shift in approach to crypto and stablecoins. The Federal Reserve said in a press release that it will be sunsetting its novel activities supervision program, with this seeing the banking regulator revert to its standard supervisory processes of the crypto sector. In terminating the 2023…

DeFi Development Corp. is expanding its Solana holdings with the latest 110,000 SOL purchase. Summary DeFi Development Corp. has increased its Solana treasury holdings to $273M Lastest acquisition amounted to 110,000 SOL, worth about $22 million The company’s Solana per share metric rose 9% DeFi Dev Corp is rapidly accumulating Solana (SOL) as its treasury asset. On Friday, August 15, DeFi Development Corp. announced the purchase of another 110,000 SOL, worth about $22 million. The latest acquisition put its holdings at 1,420,173 SOL, currently valued at around $273 million. As a result, the firm’s key metric, Solana per share, rose…

BlackRock CEO Larry Fink nominated as interim co-chair of World Economic Forum board Summary Larry Fink, CEO of BlackRock, became interim chair of the World Economic Forum board Formerly a Bitcoin skeptic, Fink has been the driving force behind Wall Street’s crypto adoption WEF founder, Klaus Schwab, recently resigned amid reorganization Bitcoin (BTC) may soon be getting a seat at one of the most influential finance forums in the world. On Friday, August 15, Larry Fink, CEO of BlackRock, was appointed interim co-chair of the World Economic Forum board. Fink will share the role with André Hoffmann, vice chairman of…

A $130 million ETH purchase puts BitMine further ahead of its corporate rivals, but the influx lands just as Ethereum’s staking entry lines hit multi-day highs, squeezing validator activation timelines. Now, the question isn’t just who’s buying, it’s who can even move their coins anymore. Summary BitMine purchased $130 million in ETH, increasing its corporate holdings to 1.15M ETH. Ethereum validator queues hit multi-day highs, delaying staking entry and exit timelines. Meanwhile, South Korean retail investors are shifting from Tesla and tech stocks into BitMine and other crypto-related equities. On August 15, a wallet tagged as belonging to BitMine received…