Category: crypto
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NFT Sales Surge 102% to $122.5M Despite Crypto Market Dip
NFT market sales surged 101.6% to $122.5 million over the past week, despite a broader crypto market decline. Ethereum led with $77.6 million in sales, followed by Bitcoin at $21.7 million. The top NFT sale was a $13.7 million Bitcoin BRC-20 NFT. Ethereum dominated with $77.5 million in sales.
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PayPal buys Cymbio to expand AI chatbot commerce
PayPal has acquired Cymbio, a company specializing in AI-powered chatbot technology, to enhance its capabilities in e-commerce. This acquisition will allow PayPal to offer improved customer service and personalized shopping experiences through the use of advanced artificial intelligence technology.
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Waltio faces ransom threat from notorious hacker group
French crypto tax platform Waltio is being targeted by ransomware group ShinyHunters, who claim to have personal data of 50,000 users. No sensitive data has been compromised, but the group is threatening to leak users’ tax reports unless a ransom is paid. Waltio has filed a complaint with France’s cybercrime unit.
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ARK Invest files for CoinDesk 20 Crypto Index ETFs
Cathie Wood’s ARK Invest has filed to launch two crypto index exchange-traded funds tied to the CoinDesk 20 index, moving beyond Bitcoin. The proposed ETFs would track the daily performance of the CoinDesk 20 index using regulated futures contracts. Competitors like WisdomTree and ProShares have also filed for similar ETFs.
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21Shares launches first Dogecoin Spot ETF in US
21Shares has launched the first Dogecoin-backed spot exchange-traded fund in the U.S., marking the initial regulatory approval for a meme coin-based ETF. The ETF was developed in collaboration with House of Doge and provides direct Dogecoin exposure to institutional and retail investors through traditional brokerage accounts. Regulatory acceptance of crypto ETFs in the U.S. is…
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European banks form group to launch euro-pegged stablecoin
Major European banks have established a consortium called Qivalis to launch a euro-pegged stablecoin as an alternative to U.S. dollar-dominated digital payment systems. The stablecoin is expected to launch in the second half of 2026 pending regulatory approval, with former Coinbase Germany CEO Jan-Oliver Sell as CEO and ex-NatWest chair Howard Davies as chair.
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Trump era brings united SEC–CFTC crypto push in Washington showcase
Trump-appointed SEC and CFTC chiefs are working together to present a unified pro-innovation crypto agenda at a D.C. event. They aim to end regulatory conflicts and create clear rules for digital assets. With Bitcoin, Ethereum, and Solana trading steadily, traders await policy details. The event signals a shift towards cohesive regulation.
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Silver bulls eye $110 breakout as short squeeze and Fed bets collide with BTC in the crosshairs
Silver and gold have reached record highs due to a historic short squeeze, a weak dollar, and hopes of Fed rate cuts. Bitcoin and Ethereum are lagging behind but could catch up as higher-beta, liquidity-sensitive hedges if macro stress and easing continue. TradingEconomics notes that silver has surged to $99 per ounce due to a…
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Trump sues JPMorgan in $5b ‘debanking’ battle over 2021 account closures
Trump filed a $5 billion lawsuit in Florida against JPMorgan and Jamie Dimon, alleging politically motivated account closures in 2021. JPMorgan denies these claims, stating closures are based on legal and regulatory risks. The case highlights concerns over debanking and opaque de-risking rules impacting high-risk sectors like cryptocurrency.
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Can Ledger’s hardware wallet IPO unlock a $4b–$5b Wall St payoff?
Paris-based Ledger is considering a U.S. IPO that could value the hardware wallet maker at over $4 billion. The demand for cold storage due to theft, Trump’s support for crypto, and a growing IPO trend in the crypto industry are pushing more firms towards Wall Street listings. Ledger is working with Goldman Sachs, Jefferies, and…