Category: crypto

Moment, an AI trading startup founded by former Citadel Securities quants, raised $78m in funding led by Index Ventures. The company’s automated fixed income and equity trading platform has attracted major wealth managers. The funding follows a previous raise in July 2025 and aims to help financial institutions automate trading workflows.

Bitcoin is approaching its next halving at block 1,050,000 expected in mid-2028, reducing block rewards from 3.125 BTC to 1.5625 BTC. The role of spot Bitcoin ETFs in absorbing new supply is crucial this cycle. ETF inflows could impact price dynamics more than the halving itself, changing the traditional halving cycle dynamics.

In 2025, 10% of American adults used or held cryptocurrency, up from 7% in 2024, with most using it for investment. Usage is higher among younger and wealthier individuals, with a small percentage using it for payments. The increase is attributed to the popularity of spot Bitcoin and Ethereum ETFs.

Polymarket has partnered with Nasdaq Private Market to launch prediction markets tied to private company valuations, IPO timing, and secondary trading. This collaboration allows individuals and institutions to bet on and benchmark unicorns before they go public. This move brings prediction markets from the crypto niche into mainstream finance.

Canaan Inc. reported a $88.7 million net loss in Q1 2026 on $62.7 million revenue due to falling Bitcoin prices and hashprice. Machine sales dropped 75%, leading to a lean inventory position. Canaan’s Q2 revenue guidance of $35-45 million is below analyst estimates, reflecting sector-wide challenges in the mining hardware industry.

Wintermute launched its first DeFi vault product, Armitage, which supports collateral types not accepted by other competing curator platforms. This move expands Wintermute’s role beyond market-making and liquidity provision into yield infrastructure for institutional depositors. Armitage aims to offer differentiated vault strategies leveraging Wintermute’s liquidity expertise and collateral risk understanding.

South Korean funeral service company Bumo Sarang faced a $33 million unrealized loss after investing $40 million in a leveraged Ethereum-related ETF. This raised concerns about the oversight of funeral mutual aid industry in South Korea. The investment was in a leveraged ETF tied to Bitmine, an Ethereum treasury company, which resulted in significant losses…

Strive acquired 382 Bitcoin for $30.3 million between May 13 and 18, increasing its total holdings to 15,391 Bitcoin. The company’s Bitcoin treasury is valued at approximately $1.2 billion. Strive’s strategy involves funding Bitcoin purchases through preferred stock issuances and has a high amplification ratio. The company also reported significant cash holdings and a stake…

D’CENT Wallet and Flare Network launched the XRP Alliance on May 19, connecting hardware wallet users to XRP yield vaults without requiring a new chain or token. Users can deposit into Monarq and earnXRP vaults with no platform fee until June 8. This initiative aims to increase XRP yield adoption and accessibility.

Lolli partnered with Kard to offer automatic Bitcoin cashback to its 600,000 users who link eligible debit or credit cards. Users earn Bitcoin rewards on qualifying purchases with no additional steps required. Rewards can be withdrawn via Lightning Network or used within the Thesis Bitcoin stack. This partnership aims to simplify Bitcoin adoption through everyday…