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CoreWeave (CRWV) shares rose more than 38% on their third day of trading debut after raising nearly $1.5 billion from its IPO following OpenAi's announcement of a record-breaking $40 billion funding round on Monday.The artificial intelligence (AI) startup went public on the Nasdaq exchange on Friday afternoon. The stock dropped
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Kristin Smith, the longtime chief executive of the Blockchain Association, a leading lobbying group for crypto policy in Washington, is leaving next month to take a role as president of the new Solana Policy Institute, according to statements on Tuesday.Earlier this week, Miller Whitehouse-Levine founded the organization and announced his
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Recently very shaky risk assets — crypto among them — are attempting a rally on Tuesday, perhaps. buoyed by chatter that Donald Trump's tariffs won't be as stringent as feared.In early afternoon U.S. action, bitcoin (BTC) had climbed to just above $85,000, ahead 2.1% over the past 24 hours. Previously
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The U.S.' crypto-friendly stance could increase the level of risk in financial markets by deepening the connections between traditional finance (TradFi) and the digital asset economy, according to regulator the European Securities and Markets Authority."This crypto-friendly stance has the potential to accelerate crypto adoption, including by institutional investors," a spokesperson
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Zodia Custody's Chief Financial Officer, Jonathan Hugh, has departed the London-based firm earlier this year, the company said. Samuel Howe, the company's former COO, also recently left the crypto custodian, as reported by CoinDesk.“Jonathan has been a valued member of the Zodia Custody team for the last two years and
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Shaurya MalwaShaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET,
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CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2551.25, up 1.5% (+38.08) since 4 p.m. ET on Monday.Nineteen of the 20 assets are trading higher.Leaders: SUI (+4.6%) and AVAX (+3.4%).Laggards: POL (-0.3%) and
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Hut 8's (HUT) new subsidiary, American Bitcoin Corp., a partnership between the mining company and the Trump family, could be spun out, allowing the company to focus on data center hosting, broker Clear Street said in a report Monday.The broker noted that the new unit will be included in the
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By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin is building momentum, rising over 2% on the day to over $84,000, with memecoins leading the market higher, followed by tokens associated with artificial intelligence and gaming. In traditional markets, gold set another record, surpassing $3,140, and futures linked to major
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A large bitcoin (BTC) options bet crossed the tape on Deribit as the first quarter drew to a close on Monday, revealing bearish sentiment from the trader behind the move.The so-called block trade carried a premium of more than $1 million for 1,180 contracts of the $70,000 put option expiring
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