Author: CryptoHoppers
TLDR: Figma reveals $70M Bitcoin ETF position in pre-IPO SEC filing. The company plans to expand its Bitcoin ETF exposure over time. Figma is authorized to issue Blockchain Common Stock for future use. Crypto strategy may appeal to both tech investors and institutions. Figma has taken a notable step toward integrating digital assets into its financial framework as it prepares for its initial public offering. The company disclosed a $70 million position in Bitcoin ETFs and indicated plans to expand this exposure. In addition, Figma has obtained authorization to issue Blockchain Common Stock, signaling a long-term commitment to crypto-native capabilities. …
Key Takeaways The Justice Department has ended its investigation into Kraken founder Jesse Powell and returned devices seized by the FBI. The dropped probe was unrelated to Kraken’s operations and centered on allegations involving Powell’s dispute with a nonprofit’s board. Share this article The US Department of Justice (DOJ) has closed its investigation into Jesse Powell, co-founder of the crypto exchange Kraken, over allegations tied to a dispute with the Verge Center for the Arts, an arts nonprofit he founded, Fortune reported today.Authorities launched the investigation after allegations surfaced in early 2022 that Powell had hacked into Verge’s accounts and…
The provocative collage master delivers his most ambitious work yet — and it’s pure fire 🧠 Artist. Instigator. Innovator. There are NFT artists, and then there’s Slimesunday — a name that’s become synonymous with provocative digital art, fearless storytelling, and boundary-pushing innovation. Known for walking the razor’s edge between expression and censorship, Slimesunday has built a career out of asking hard questions in soft places — glossy magazines, polished platforms, and now, the hallowed halls of SuperRare’s Offline Gallery. With Banned from New York, his latest and most ambitious solo exhibition, Slimesunday ascends to a new level — a complete…
What began as a battleground against big tech censorship has quietly morphed into one of corporate America’s most aggressive Bitcoin plays. Trump Media now sits on $2 billion in BTC, a treasury strategy CEO Devin Nunes frames as both financial armor and a hedge against what he calls “discrimination by traditional banks.” On July 21, Trump Media announced that its Bitcoin (BTC) and Bitcoin-related holdings had reached $2 billion, marking a major milestone in the company’s unorthodox treasury strategy. The firm, known for operating the social network Truth Social and fintech platform Truth.Fi, disclosed that roughly two-thirds of its $3…
Dogecoin (DOGE), the meme coin that first got everyone talking, still holds its ground in the busy cryptocurrency scene. But folks always wonder: could DOGE ever actually fetch a $10 price? Fast forward to May 20, 2025, and Dogecoin’s price tag floats around $0.15, maybe $0.16. This gives it a total market value somewhere between $22 billion and $24 billion, planting it firmly among the heavyweights of crypto. Dogecoin’s transformation from an internet joke into a genuine digital currency contender has been quite the spectacle, powered by a fiercely loyal crowd and some truly wild price leaps, especially when it…
Key Takeaways Polymarket has acquired an exchange to resume operations in the US market. The Department of Justice has ended its probe into Polymarket, clearing regulatory uncertainty. Share this article Polymarket, the major prediction market, may soon resume operations in the US after clearing regulatory hurdles in the world’s largest and most active financial markets.In facilitating this plan, Polymarket has inked a $112 million deal to acquire QCEX, a CFTC-licensed derivatives exchange and clearinghouse. The move enables the company to offer fully compliant trading of prediction market contracts to US users.Polymarket founder and CEO Shayne Coplan called the acquisition a…
Ethereum ( ETH) just hit a new high of $3,772 per coin on Deribit versus the U.S. dollar, and it’s still climbing. Its piece of the $3.9 trillion crypto economy has expanded from 10.9% just three days ago to a cool 11.6% today, boasting a $452.66 billion market capitalization. Traders Go All-In on Ethereum As […] Source link
Ethena price jumped for six consecutive days, reaching its highest level since March as inflows into the ecosystem and whale accumulation continued. Ethena (ENA) token soared to a high of $0.4617, up by 110% from its lowest level this year. This surge, which happened in a high-volume environment, pushed its market capitalization to nearly $3 billion. Ethena’s growth happened as investors continued to allocate their capital into its algorithmic stablecoins. DeFi Llama data shows that the total value locked in its platform soared to over $6.17 billion, crossing the previous all-time high of $6.1 billion. Most of these assets are…
Key Takeaways xAI is developing Baby Grok, an app focused on providing kid-friendly AI content. Grok4, powered by xAI’s Colossus supercomputer, has achieved industry-leading performance on standardized AI benchmarks. Share this article Elon Musk revealed today that xAI is building Baby Grok, a new app focused on kid-friendly content. We’re going to make Baby Grok @xAI, an app dedicated to kid-friendly content — Elon Musk (@elonmusk) July 20, 2025The announcement follows xAI’s recent launch of Grok4, which features numerous advanced training capabilities, including code integration and multimodal functions, and is expected to engage in complex tasks such as engineering and…
According to an on-chain analyst on X, Bitcoin has decoupled from other cryptocurrencies or altcoins, which could lead to a severe price downturn within the market over the next day. Why Traders Should Brace For Impact In a July 18 post on the social media platform X, Joao Wedson, founder of crypto analytics firm Alphractal, reported that the Bitcoin price might witness a significant drop over the next day. The crypto analyst based his conclusion on multiple results obtained from on-chain analysis using three major metrics. Related Reading First, Wedson referenced an earlier post made on X by Alphractal, saying…