Mat Di Salvo

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Reporter at Decrypt Media

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Articles

SOL Strategies Secures $500M to Buy More Solana

1 day ago | decrypt.co | Mat Di Salvo

In briefSOL Strategies, a Canadian investment firm, has secured a $500 million deal with ATW Partners. It will use a convertible note to buy SOL. The firm currently holds 267,151 SOL—over $40 million of the cryptocurrency. Decrypt’s Art, Fashion, and Entertainment Hub.
Bitcoin Critic Mark Carney's Chances of Winning Canadian Election Climb

1 day ago | decrypt.co | Mat Di Salvo

In briefCanadian Prime Minister Mark Carney’s chances of winning the upcoming election are improving on prediction markets. Meanwhile, Bitcoin fan and Elon Musk favorite Pierre Poilievre has a dwindling chance, per betting markets and traditional models. Poilievre was well ahead in the polls to be the next Prime Minister of Canada back in January. Decrypt’s Art, Fashion, and Entertainment Hub.
Bitcoin ETFs Bounce Back Big, Adding Nearly $1 Billion in a Single Day

1 day ago | decrypt.co | Mat Di Salvo

In briefAmerican Bitcoin ETFs collectively saw about $913 million worth of inflows on Tuesday. The last time they received such a high amount of cash was on January 17. The price of Bitcoin was trading above $93,000 on Wednesday after falling below $75,000 earlier this month. Decrypt’s Art, Fashion, and Entertainment Hub.
Bitcoin Breaks $90K as Markets Steady Following Trump's Federal Reserve Attacks

2 days ago | decrypt.co | Mat Di Salvo

In briefBitcoin jumped above $90,000 Tuesday for the first time in more than a month. Stocks are also rebounding after plunging Monday following President Trump's attacks on Fed Chair Jerome Powell. Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEThe price of Bitcoin passed $90,000 per coin for the first time since early March on Tuesday as stocks and other risk assets jumped.
Metaplanet Continues Bitcoin Buying Spree, Adding $28 Million in BTC to Holdings

3 days ago | decrypt.co | Mat Di Salvo

In briefJapanese investment firm Metaplanet has scooped up 330 digital coins. The Tokyo Stock Exchange-listed company now has 4,855 BTC, today worth over $422 million. Since the company started buying Bitcoin in 2024, its stock has risen in price by over 1,200%. Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEJapanese investment firm Metaplanet said Monday that it had bought more Bitcoin, this time scooping up 330 digital coins worth over $28 million.
Crypto Shorts Get Rekt as Bitcoin Rises Following Trump Attack on 'Loser' Fed Chair

3 days ago | decrypt.co | Mat Di Salvo

In briefBitcoin's price rose again, prompting many traders who bet against the asset to close positions. Over the past 24 hours, investors have liquidated more than $97 million in BTC short positions. The S&P 500 and Nasdaq were both recently down more than 3%. Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEBitcoin's price rose again–even as stocks fell–spurring many traders who bet against the asset to close their positions.
Canary Capital Seeks SEC Approval for Tron ETF With Staking

6 days ago | decrypt.co | Mat Di Salvo

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEThe ETF applications keep coming. Canary Capital on Friday filed an S-1 prospectus with the U.S. Securities and Exchange Commission on Friday for a spot Tron ETF that would include staking capabilities. The staking feature of the Canary Staked TRX ETF would allow investors to earn extra yield with their investment. The fund’s “investment objective is to seek to provide exposure to the price of Tron,” the filing said.
Brazilian Men Sentenced in $190 Million Bitcoin Investment Ponzi Scheme

6 days ago | decrypt.co | Mat Di Salvo

In briefThree men in Brazil were sentenced to a combined 170 years in prison this week over a Bitcoin investment scheme that authorities say was a scam. Prosecutors say that Braiscompany deceived investors out of $190 million. Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEA Brazilian court this week jailed three men for their part in a crypto Ponzi scheme that prosecutors say conned investors out of approximately $190 million.
Coinbase Faces 'Copycat' Securities Lawsuit in Oregon After Dodging Gensler's SEC

6 days ago | decrypt.co | Mat Di Salvo

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEOregon filed a lawsuit against Coinbase on Friday, accusing the crypto exchange giant of violating state securities law by driving and promoting the sale of cryptocurrencies as unregistered securities.
As Bitcoin Mining Companies Slump, Tether Loads Up on Bitdeer

6 days ago | decrypt.co | Mat Di Salvo

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEBitcoin miners may be struggling as the price of the biggest cryptocurrency by market value trades sideways, and investors sell off their equity—but stablecoin giant Tether is betting big on one of the sector's largest players, purchasing about $32 million in equity in publicly traded Bitdeer in April. An SEC filing shows Tether snapped up the shares as the price of Bitdeer’s stock dropped.