Digital asset investment company CoinShares reported that its assets under management (AUM) increased 26% in the second quarter of 2025, closing the period at $3.46 billion. CoinShares said the AUM increase happened amid a $126 million outflow in its XBT Provider products. Despite this, the company said rising crypto prices contributed to its growth during…
Key takeaways: Ether queued for unstaking hits a record $3.8 billion, led by Lido, EthFi, and Coinbase. Strategic reserves and ETF holdings have jumped by 140% since May 1. ETH’s $4,200 support is critical, with $1.2 billion in longs at risk if the price tags the level. The staking ecosystem of Ethereum has reached new…
Cohere on Thursday announced that it had raised an oversubscribed $500 million round, bringing its valuation to $6.8 billion. This is up from the $5.5 billion valuation it landed a little over a year ago when it raised its previous round, also $500 million. Toronto-headquartered Cohere was one of the first breakout LLM model makers,…
Key takeaways: Altcoins account for 71% of Binance Futures trading volume, marking a clear shift in trader interest from Bitcoin. Over 32,000 BTC entered exchanges, suggesting profit-taking and potential altcoin rotation amid rising volatility. TRX leads altcoin momentum with early decoupling from BTC, indicating a fragmented altseason focused on strong or hyped tokens. An altseason…
Members of the crypto community expressed conflicting views of the memecoin surge, with some celebrating the market’s rise and others calling it a regression. The memecoin sector surged to $72 billion in July, up 29% from a $55 billion market cap on June 30. Behind the rally was a mix of memecoin presale hype, community…
Key takeaways: The Solana ETF launch with staking drew initial excitement, but institutional demand remains muted. Ongoing SOL unlocks, DApp sell-offs, and low network activity weigh against a sustained price rally. Solana’s native token, SOL (SOL), surged 7% on Monday after confirmation that the first-ever Solana exchange-traded fund (ETF) featuring staking capabilities would launch on…
Losses to crypto scams, exploits and hacks totaled nearly $1.53 billion in February, with the $1.4 billion Bybit hack accounting for the lion’s share of losses, said blockchain security firm CertiK. The Feb. 21 attack on Bybit by North Korea’s Lazarus Group was the largest crypto hack ever, more than doubling the $650 million Ronin…