Andrew Flanagan

3 days ago | dlnews.com | Andrew Flanagan

The Bitcoin-focused firms were busy last week. Bitcoin is up Monday even as stocks fall. Strategy’s relentless hoovering of Bitcoin has accelerated, with the firm following up a recent $286 million purchase with the announcement Monday it has bought almost twice as much last week. The company formerly known as MicroStrategy purchased 6,556 Bitcoin over the past week for more than $555 million, the firm said on Monday.

6 days ago | dlnews.com | Andrew Flanagan

Hundreds have been let go over the past few months, report says. Kraken moved into stock trading this week. Kraken, which appears to be preparing for an initial public offering, is getting leaner. The second-biggest US crypto exchange is making “the difficult decision” to eliminate jobs and consolidate teams as part of a reorganisation, a company spokesperson told DL News.

6 days ago | dlnews.com | Andrew Flanagan

The Weekly RaiseCrypto and Defi fundraising defied Trump's trade war jitters. The Trump-associated World Liberty Financial was in the mix. Venture capitalists and other investors poured $449 million into crypto and DeFi deals this week, according to DefiLlama, defying mounting macroeconomic uncertainty around President Donald Trump’s trade war. The performance was some 62% higher than the investments made last week, the data showed.

1 week ago | dlnews.com | Andrew Flanagan

Bitcoin has traditionally behaved more like a tech stock than digital gold. Trump’s tariffs could push global economies away from the dollar. The cryptocurrency is ready to take the spot, a Messari analyst says. Donald Trump’s tariffs will push Bitcoin closer to achieving the safe haven asset status maxis like Strategy’s Michael Saylor have envisioned for years.

1 week ago | dlnews.com | Andrew Flanagan

An XRP ETF will come “sooner than later” says one analyst. Polymarket gives an approval a 77% chance this year. The Ripple-linked altcoin XRP could be getting an exchange-traded fund “sooner than later.”That’s according to Nate Geraci, the president of the ETF Store and co-founder of the ETF Institute. Geraci said that the existence of a two-times leveraged XRP ETF augurs good news for the chances of the US Securities and Exchange Commission approving a spot ETF.