Shares of Figma (FIG) rose 198% on its first day of trading on the New York Stock Exchange after the company raised $1.2 billion for its Wednesday initial public offering (IPO). The firm priced shares at $33 a share under the ticker “FIG,” valuing the company at about $20 billion. The stock changed hands at […]
Robinhood’s (HOOD) strong second-quarter earnings Wednesday evening have prompted Wall Street to raise its expectations for the stock, but the modest boosts suggest the group believes much upside has been priced in. Shares are Read More
Yesterday, July 30th, was the 10-year anniversary of Ethereum’s launch. In today’s Crypto for Advisors newsletter, Alec Beckman from Psalion writes about Ether’s growing role as a treasury reserve asset and highlights Read More
Helium, one of the most well-known DePIN projects on Solana, is launching a new service called Helium Plus, aimed at transforming how businesses contribute to the Helium Network. Helium Plus will enable public Wi-Fi providers Read More
Bitcoin development firm Blockstream has unveiled “Simplicity,” a programming language for smart contracts built on the layer-2 network Liquid. Co-founded by cryptographer and early Bitcoin contributor Dr. Adam Back, Blockstream has introduced Simplicity with the Read More
Tether International Ltd., the holding company behind the largest stablecoin, USDT, posted second-quarter net profit of $4.9 billion. The company held over $162.5 billion in reserves against $157.1 billion in liabilities, the USDT tokens issued, according to the Read More
Filecoin (FIL) rose as much as 2% in the last 24-hours after defending key support at the $2.38 level, according to CoinDesk Research’s technical analysis model. The model showed that the token traded in a $0.16 range Read More
Stable, developer of a new blockchain built around Tether’s USDT, said it raised $28 million in a seed round led by Bitfinex and Hack VC. Other backers include Franklin Templeton, Castle Island Ventures and KuCoin Read More
Grayscale has launched a new investment vehicle that gives accredited investors exposure to Story, a blockchain protocol designed to turn intellectual property (IP) into programmable digital assets. The Grayscale Story Trust will focus exclusively on Read More
This is a daily analysis of top tokens with CME futures by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin: Golden Ratio Eyed As bitcoin (BTC) continues to trade flat in the $116,000-$120,000 range, Read More
