Institutional blockchain infrastructure provider Digital Asset, the creator of the Canton Network, has raised about $50 million in strategic investments from BNY, iCapital, Nasdaq and S&P Global, according to a person familiar with the deal. According to an announcement on Thursday, the strategic funding will build on Digital Asset’s strong momentum to scale the Canton Network following recent funding milestones that raised $135 million. The participation of these four big names highlights the range of institutions supporting the Canton Network, as big banks, exchanges, data, and wealth infrastructure all lend…
Category: Bitcoin News
Can It Resume Its Bull Market Uptrend?
XRP (XRP) price is up 12% since plunging below the $2 mark on Nov. 21, reclaiming some key support levels. Surging network activity and persistent institutional demand, coupled with reduced supply on exchanges, may lead to a sustained price recovery. Key takeaways: A surge in XRP ledger velocity and whale activity signals elevated network activity and demand. A decrease in XRP supply on exchanges indicates strong accumulation by holders. XRP price bulls look to establish strong support at $2.15 for the next leg up. XRP Ledger velocity hits 2025 highs…
Strategy’s ‘Unicorn’ Pattern Signals Potential 50% MSTR Stock Rebound
Strategy’s stock MSTR printed one of the rarest bullish reversal signals in technical analysis, the “Abandoned Baby,” on its daily chart, hinting that a brutal downtrend may be running out of steam. Key takeaways MSTR daily chart. Source: X How high can MSTR go after printing the pattern? Let’s examine. Why is Abandoned Baby turning MSTR bullish? Abandoned Baby forms after a sharp downtrend and consists of three candles: a long bearish candle, a small indecision candle that gaps lower and a strong bullish candle that gaps higher, leaving the…
First US Chainlink ETF Debuts $41M Inflows, No ‘Blockbuster’ Success
Grayscale’s launch of the first US spot Chainlink exchange-traded fund (ETF) drew strong interest on its first day of trading, suggesting investors still have an appetite for regulated altcoin products despite a broader crypto market slump. Grayscale’s Chainlink (LINK) ETF debuted with $41 million in cumulative net inflows and $13 million worth of “solid” trading volume during the first day, said Eric Balchunas, Bloomberg’s senior ETF analyst, in a Wednesday X post. “$41m in first day flows. Another insta-hit from the crypto world, only dud so far was Doge, but…
YZi-Backed Opinion Breaks Prediction Markets Records
YZi Labs, the venture capital company founded by Binance co-founder Changpeng “CZ” Zhao, is ramping up its bet on prediction markets as one of its portfolio platforms posted an unusual spike in trading volume. CZ took to X on Wednesday to welcome YZi-backed Predict.fun as a new prediction market launching on the BNB Chain. “When you make a prediction, you funds don’t sit idle, they generate yield,” CZ wrote, adding: “This tweet is not endorsement.” CZ’s post came a few weeks after Opinion, another prediction market backed by YZi, briefly…
Bitcoin ‘Relief Bounce’ In Sight: Analysts
Bitcoin could extend its recent rebound after posting an 8% daily gain on Wednesday, with crypto analysts pointing to signs that a local bottom may already be in. “The combination of extreme deleveraging, capitulation among short-term holders, and early signs of seller exhaustion has created the conditions for a stabilisation phase and a relief bounce,” Bitfinex analysts said in a report on Tuesday. The comments came shortly before Bitcoin (BTC) rallied nearly 8% on Wednesday, briefly pushing toward $94,000. At the time of publication, Bitcoin is trading at $91,440, according…
Crypto Business Deals Hit All-Time High of Over $8.6B in 2025
Crypto merger and acquisition (M&A) activity in 2025 reached $8.6 billion as of November, with companies closing a record 133 deals, marking an all-time high in both deal count and total value. The total dollar amount of business deals exceeded the combined total of the previous four years, according to Bloomberg, citing Pitchbook data. Coinbase led the M&A activity, with six acquisition deals completed in 2025, including the $2.9 billion purchase of Deribit, one of the largest crypto derivatives marketplaces. Total amount of capital invested in crypto deals every year…
Strategy’s Dwindling BTC Buys Signal Company is Prepping for Bear Market
Strategy, the largest corporate holder of Bitcoin, has slowed its rate of cryptocurrency accumulation in 2025, a move analysts at CryptoQuant interpret as preparation for a drawn-out bear market. “Strategy’s Bitcoin buying has collapsed through 2025,” CryptoQuant said in a Wednesday report, noting a dramatic monthly reduction in Bitcoin (BTC) purchases by Strategy since late 2024. According to CryptoQuant: “Monthly purchases fell from 134,000 BTC at the 2024 peak to just 9,100 BTC in November 2025, only 135 BTC so far this month. A 24-month buffer makes one thing clear:…
Bitcoin is an ‘Asset of Fear‘; Softens Crypto Stance
Larry Fink, chair and CEO of asset management company BlackRock, explained his “big shift” from associating cryptocurrencies with illicit activities to having the largest spot Bitcoin exchange-traded fund. Speaking at The New York Times’ DealBook Summit on Wednesday, Fink addressed questions related to his views on crypto and Bitcoin (BTC) from journalist Andrew Ross Sorkin. The BlackRock CEO said his move from associating crypto primarily with money laundering to having exposure to billions of dollars in BTC was “a very glaring public example of a big shift in [his] opinions.”…
BTC, ETH Rally But Weak US Economic Data Remains A Threat
Key takeaways: Low BTC and ETH leverage appetite contrasts with strong stock markets, highlighting fragile sentiment despite improving liquidity expectations. While economic uncertainty persists, anticipated monetary easing reduces downside risk for cryptocurrencies, favoring a potential bullish momentum. Bitcoin (BTC) and Ether (ETH) gained momentum on Wednesday, rising to their highest levels in two weeks as investors await a more expansionist monetary policy. Weak economic indicators boosted expectations of fresh stimulus measures, increasing demand for scarce assets. The S&P 500 index and gold also reacted positively as investors anticipated higher liquidity…