Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility
The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized…
Bitcoin is flashing 8 of 12 capitulation signals, but bottom's not yet in, says VanEck
Similar setups have historically produced belowaverage 90day and 180day bitcoin returns, said the asset manager. Source：CoinDesk
Moderna’s stock doubles on promising cancer-vaccine results
The vaccine candidate pairs an mRNA therapy with the cancer drug Keytruda. Source：MarketWatch
A year after losing $1.46 billion, Bybit says AI helped it save $700 million
The exchange that lost $1.46 billion to North Korean hackers is the first large centralized firm to put numbers on a claim bitcoin developers have been making…
Ripple raises $275M for US prime brokerage to meet institutional demand
Ripple said the $275 million raised will support its expansion into traditional financial services such as prime brokerage and multiasset clearing, citing…
Bitcoin has ‘largely purged’ froth that preceded 50% drop from $126K: BlackRock
Bitcoin maintained its appeal as a diversification investment despite dropping more than 50% from alltime high, a BlackRock report stated. Source：Cointelegraph
Target’s grocery overhaul is helping it win back customers
The retailer has added more snacks and changed its presentation as it tries to become a destination for food purchases. Source：MarketWatch
Bitcoin stuck in a six-week range as global bond yields hit highest levels for decades
BTC volatility has dropped to multiyear lows as surging Treasury yields rattle equities and traders await the Fed's July meeting minutes for clues on the…
Nexo launches regulated crypto-backed credit in Australia
Nexo introduced regulated, cryptocurrencybacked credit lines that allow users to access liquidity in Australian dollars or stablecoins by borrowing against…
TikTok code includes peer-to-peer payments over messaging: Bloomberg
The feature, which follows earlier moves into financial transactions, is not yet being tested anywhere, a spokesperson said. Source：CoinDesk
Ripple raises $275 million in senior notes for prime brokerage push
Ripple Prime's inaugural senior notes carried an investment grade rating and drew institutional investors across key financial markets. Source：CoinDesk
Chinese robotic company’s stock soars over 600% in trading debut
Unitree is first humanoid robot firm to list in mainland China Source：MarketWatch