Day: August 4, 2025

Peter Thiel-backed Bullish Exchange Targets $4.2B Valuation in Second IPO Bid

Key Notes The exchange targets a $4.2 billion valuation, significantly lower than its abandoned $9 billion goal from 2021. Major underwriters including JP Morgan and Citigroup will help convert substantial IPO proceeds into stablecoins. This offering follows Circle’s successful $1.05 billion IPO amid growing crypto-friendly US regulatory environment. Bullish, a cryptocurrency exchange based in the Cayman Islands, looks to raise $629.3 million through an initial public offering (IPO) in the US. The company backed by billionaire Peter Thiel, intends to trade under the symbol “BLSH,” and will offer 20.3 million…

UK Falling Behind on Stablecoins, Crypto Adoption

boss

The United Kingdom is falling behind in the digital asset market, particularly in the area of stablecoins, despite the technology’s potential to help the country preserve its leading role in global financial services. That was a central message in a recent Financial Times op-ed by George Osborne, the former UK chancellor turned crypto lobbyist, who joined Coinbase as an adviser last year. “What I see makes me anxious. Far from being an early adopter, we have allowed ourselves to be left behind,” Osborne wrote, referring to his native UK.  A…

Bitcoin Flounders, But Clings to $115K

boss

The cryptocurrency has recovered somewhat, after a tumultuous weekend that saw it plunge as low as $112K on Saturday. BTC Weathers the Storm, Holds Near $115K After a rollercoaster ride last week, bitcoin’s price fell off a cliff, tumbling to $112K on Saturday, before embarking on a journey back to $115K during pre-trading hours on […] Original

Crypto Treasuries Expand as Public Companies Make Bold Monday Moves

Monday kicked off with a flurry of treasury announcements as major digital asset firms expanded their crypto reserves, underlining the growing institutional embrace of blockchain-native assets. BitMine Immersion Technologies (BMNR) now holds the world’s largest ether {ETH} treasury at 833,137 ETH worth over $2.9 billion. Launched just 35 days ago, BitMine’s aggressive ETH acquisition strategy positions it as the third-largest overall crypto treasury behind Strategy (MSTR) and MARA Holdings (MARA), according to the press release. Investor Bill Miller III has taken a significant stake, joining a deep bench of institutional…

Crypto Exchange Bullish Targets Up to $629M in NYSE IPO, Backed by BlackRock and ARK

boss

Crypto firm Bullish plans IPO that could raise up to $629 million, joining a growing list of blockchain companies seeking capital as regulatory sentiment shifts in their favor, Coindesk reported. The company has filed to list 20.3 million shares on the New York Stock Exchange under the ticker “BLSH” at a price range of $28 to $31. At the top of that range, the offering would be valued Bullish at approximately $4.2 billion, according to its updated F-1 filing with the U.S. Securities and Exchange Commission. The IPO includes an…

Bitcoin Demand Holds Strong Despite Price Drop: Accumulation Trend Remains Intact

Bitcoin is trading just above the $112,000 level after breaking down from a consolidation range that held for over two weeks. The sharp decline sparked concerns among investors, particularly among Short-Term Holders (STH), who now face the difficult choice of realizing losses or holding underwater positions. However, top analyst Darkfost shared key insights suggesting that Bitcoin’s underlying demand remains robust, despite the price volatility. Related Reading According to Darkfost, the Apparent Demand metric—comparing new BTC issuance to over one-year inactive supply—indicates that the market is still absorbing supply effectively. The…

The BEST Crypto Miners To Buy RIGHT NOW

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io These are the best crypto miners to buy right now, specifically altcoin miners, cryptocurrency mining rigs, and I’ll review Bitcoin miners but these are the most profitable non BTC ASIC miners. Diversify your mining hashrate and put it toward miners that aren’t just Bitcoin? Let’s review best passive income mining rigs to buy right now. Buy the best mini BTC miner here – Buy an ASIC miner from AM here – CKB Nervos Network has been a great altcoin to mine –…

Price Prediction for SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, XLM

boss

Key points: Bitcoin is trying to take support near $112,000, but higher levels are likely to attract selling by the bears. The deep pullback in several altcoins suggests the next leg of the up move may not happen in a hurry.   Bitcoin (BTC) bulls are trying to maintain the price above $115,000, but are facing stiff resistance from the bears. Maelstrom Fund chief investment officer Arthur Hayes said in a comment to a post on X that sluggish credit market and slowed job creation could sink BTC to $100,000 and…