Sat, January 31

OnlyFans in Talks to Sell 60% Stake in Deal Valued at Up to $5.5 Billion

According to the report by The Wall Street Journal, OnlyFans, a London-based subscription platform is reportedly talking to the  Architect Capital, a U.S. private Equity firm, to sell its 60% stake. If the deal goes through, then it could value OnlyFans at $3.5 billion or $5.5 billion, including debt. OnlyFans

53 minutes ago 1 min read

Extreme Fear in Crypto Signals Potential Market Rebound

The sentiment in the crypto market has fallen into an extreme fear zone, but experts have now begun to see this emotional drop as a possible bullish setup. Market sentiment tends to follow cyclical patterns, and extreme fear periods tend to precede recovery periods. The recent market volatility came after

1 hour ago 2 mins read

SpaceX and Tesla Merger Talks Put Corporate Bitcoin Holdings Under Scrutiny

Talks were going around for a possible merger involving SpaceX and Tesla, which drew major attention to a share of Bitcoin assets. Together, SpaceX and Tesla hold nearly 20,000 Bitcoin worth around $1.7 billion. If the Merger happens, then this Bitcoin holding would come under one structure, which will be

3 hours ago 2 mins read

Banking and Crypto Leaders Clash Over CLARITY Act Ahead of White House Policy Talks

A high-profile showdown between Coinbase and major U.S. banks has again brought the CLARITY Act into the limelight. The proposed crypto market structure bill is now pending in the Senate. At the World Economic Forum in Davos, a heated exchange occurred between Coinbase CEO Brian Armstrong and JPMorgan CEO Jamie

3 hours ago 3 mins read

SoFi Q4 Revenue Jumps as Crypto, Blockchain Drive Growth

SoFi broke its record performance in a single quarter in terms of revenue, which it attributed to the increasing adoption of its crypto trading and blockchain services. The fintech company is increasingly incorporating digital assets as a key driver of growth rather than a sideline. This move is also in

4 hours ago 2 mins read

Nubank Secures Conditional U.S. Approval to Offer Crypto Custody and Banking Services

Nubank, Latin America’s biggest digital bank, has received conditional approval from the U.S. regulators to operate in the United States, which allows the company to offer crypto custody and traditional banking services under the federal framework. The Brazil-based bank has announced that the Office of the Comptroller of the Currency

18 hours ago 2 mins read

Ethereum Foundation Enters Period of Mild Austerity, Says Vitalik Buterin

Vitalik Buterin, co-founder of Ethereum, recently shared his thoughts on X that the Ethereum Foundation is moving into a period of mild austerity to power its development roadmap. This announcement provides a glimpse into how it’s managing its resources while still focusing on the development of the protocol. In these

21 hours ago 2 mins read

Bitcoin Drops as Microsoft Stock Crash Triggers Global Tech Selloff

Bitcoin price fell sharply, and at the same time, Microsoft’s stock dropped about 11% after the company reported slower growth and higher costs. This made the investors worry about the global economy and led them to sell risky assets like tech stocks and cryptocurrencies.  The Bitcoin price has dropped 6%,

21 hours ago 1 min read

Ethereum Foundation Unveils Multi-Year Austerity Plan

The Ethereum Foundation has publicised a multi-year austerity programme made to balance development priorities with long-term financial sustainability, as stated by the co-founder of Ethereum, Vitalik Buterin.  Buterin verified the pull-out of 16,384 ETH, which will be positioned over the coming years to back the core development mission of Ethereum.

22 hours ago 2 mins read

Crypto Market Volatility Intensifies Following Bitcoin and Ethereum Options Expiry

As the broader crypto market tumbles today, down around 5.31% with the total market capitalization falling to $2.83 trillion, major cryptocurrencies are seeing sharper losses. The selling pressure has been further intensified by the expiry of billions of dollars’ worth of Bitcoin and Ethereum options contracts, which have added to

22 hours ago 2 mins read
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