JPMorgan Teams With Coinbase to Let Users Buy Crypto With Bank Accounts, Points and Cards

Wall Street banking giant JPMorgan (JPM) is teaming with crypto exchange Coinbase (COIN) to roll out a series of integrations aimed at making it easier for the bank’s 80 million customers to buy crypto. The partnership will allow JPMorgan customers to directly connect their bank accounts to Coinbase, redeem Ultimate Rewards points for USDC, and … Read more

MARA, Holder of Nearly $6B BTC, Raises $950M to Buy More Bitcoin

Bitcoin mining company MARA Holdings (MARA) has completed a $950 million offering of 0.00% convertible senior notes due 2032, with the majority of proceeds earmarked to purchase additional bitcoin. The offering, which could expand to $1.15 billion if underwriters exercise their option in full, MARA announced on Monday. Net proceeds of approximately $940.5 million will … Read more

Finance Firm Mill City Ventures to Buy $441M in SUI Tokens, Pivoting to Crypto Treasury Strategy

Mill City Ventures III, a publicly traded specialty finance firm, is making a dramatic pivot into crypto with the announcement of a $450 million private placement that will largely fund a new treasury strategy centered on SUI, the native cryptocurrency of the Sui blockchain. Roughly 98% of the funds will be used to purchase SUI … Read more

A Japanese AI Firm Plans to Buy 3,000 Bitcoin Over Next 12 Months

Japanese AI firm Quantum Solutions is set to start investing in bitcoin (BTC) through its Hong Kong-based subsidiary, GPT Pals Studio, the company said in a press release. The decision, approved at a board meeting on July 23, includes plans to initially purchase up to $10 million in BTC using borrowed funds. The firm aims … Read more

BNB Rebounds to $780 After $520M Windtree Buy Commitment, Shows Signs of Stabilizing

BNB rose around 0.6% in the last 24 hours, shaking off a recent drop to now trade close to $780. At its peak, the token reached $785.75, bouncing from a low of $761.22 during a stretch of high-volume trading. Much of the volume centered on a sharp correction, when BNB dropped from $774.52 to $761.34 … Read more

Galaxy Positioned to Capture Favorable Regulatory Upside, Jefferies Says as It Initiates With Buy

Galaxy Digital (GLXY) is well positioned to capture upside from the favorable regulatory backdrop for cryptocurrency, Jefferies said in a new research report. Jefferies has initiated coverage of the crypto investment bank with a buy rating, citing the passage of the GENIUS Act in the U.S. as “providing favorable market structure,” for Galaxy's business. The … Read more

Ether Leads Crypto Market Higher as Bitcoin Investors Buy the Dip

Ethereum’s ether (ETH) raced ahead on Wednesday, leading the crypto market higher after a modest dip earlier this week. ETH broke above the $3,200 level for the first time since early February, gaining 6.5% over the past 24 hours, CoinDesk data shows. It’s now ahead a full 22% over the past seven days. Bitcoin also … Read more