Riding an AI rally, Robinhood preps second retail venture IPO
Robinhood files confidentially for its second venture fund, this time targeting growth as well as early-stage startups.
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The post Anchorage Steps Back From Robinhood and Kraken-Backed USDG Stablecoin Consortium appeared on BitcoinEthereumNews.com. JUST News Anchorage Digital, the first federally chartered crypto bank in the United States, is dialing back its prominent role inside the Global Dollar (USDG) stablecoin consortium that counts Robinhood, Kraken, Galaxy Digital, OKX, Visa, Worldpay and Bullish among its members. Chief executive Nathan McCauley said the firm will adopt a posture of “increased neutrality” rather than actively promoting a single token. USDG, issued by Paxos Digital Singapore under Monetary Authority of Singapore supervision, carries a circulating supply of roughly $3 billion. Anchorage remains a consortium participant, but with as many as 20 banks and tech firms exploring white-label stablecoin issuance through its rails, the custodian is recalibrating incentives to avoid favoring any one issuer. Macro investor and former hedge fund manager Jordi Visser disclosed a fresh Ether pos
Read full articleRobinhood files confidentially for its second venture fund, this time targeting growth as well as early-stage startups.
The two companies entered into a non-binding agreement to launch a $125 million initiative that seeks to put Sharplink’s ETH treasury to work. The company stated that the funds will be deployed across onchain liquidity strategies and in support of early-stage protocols. Sharplink and Galaxy Partner To Deploy $125M DeFi Ecosystem Liquidity Fund Decentralized finance […]
Kraken’s parent Payward has filed a Payward charter application with the OCC to establish a federally regulated national trust company. Kraken’s parent Payward has filed a Payward charter application with the US Office of the Comptroller of the Currency, proposing…
Community bankers are pushing back hard now that crypto exchanges are applying for national trust bank charters, with the Independent Community Bankers of America (ICBA) calling the move a threat to financial stability and consumer protections. At the same time, other bankers are concerned with the CLARITY Act and stablecoins. ICBA Tells OCC to Rescind […]
USDG, still issued by Paxos Singapore and regulated by MAS, will remain in market as one of many institutionally backed dollars as regulators, banks and VCs push toward a fragmented, multi‑issuer “economic OS.” Anchorage Digital, the first federally chartered crypto…
The post C1 Fund Discloses Strategic Investments In Ripple, Kraken, And Consensys, Deploys Nearly 60% Of Assets appeared on BitcoinEthereumNews.com. C1 Fund Discloses Strategic Investments In Ripple, Kraken, And Consensys, Deploys Nearly 60% Of Assets Skip to content Home Crypto News C1 Fund Discloses Strategic Investments in Ripple, Kraken, and Consensys, Deploys Nearly 60% of Assets Source: https://bitcoinworld.co.in/c1-fund-discloses-ripple-kraken-consensys-investments/
With the price of Bitcoin back above the pivotal $80,000 mark following a slight rebound on Sunday, several indicators are beginning to demonstrate strength once again. One of the most recent indicator that has turned bullish as market conditions slowly improves is the Bitcoin Realized Cap. A Change In Bitcoin Market Dynamics Bitcoin’s renewed bullish […]
Solana started a fresh increase above the $90 zone. SOL price is now consolidating and might aim for more gains above the $96 zone. SOL price started a fresh upward move above the $90 and $92 levels against the US Dollar. The price is now trading above $92 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $92.20 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $96.50 resistance zone. Solana Price Starts Fresh Surge Solana price started a decent increase after it settled above the $88 zone, outperforming Bitcoin and Ethereum. SOL climbed above the $92 level to enter a short-term positive zone. The price even smashed the $95 resistance. A high was formed at $96.85, and the price is now consolidating gains. There was a minor decline toward the 23.6% Fib retracement level of the recent upward move from the $87.61 swing low to the $96.85 high. Solana is now trading above $92 and the