Forward Industries Plans $4B Share Sale to Back Solana Treasury

Nasdaq-listed company Forward Industries filed for an at-the-market (ATM) equity offering program of up to $4 billion, giving the company flexibility to sell shares over time to support its Solana-focused treasury strategy.  On Wednesday, Forward Industries announced that the program will allow it to issue and sell common stock through sales agent Cantor Fitzgerald.  The…

Crypto Institutional Adoption Faces Blockchain Bottleneck: Annabelle Huang

The next wave of institutional adoption of cryptocurrencies is emerging as established fintech firms begin building their own blockchains. Financial services app Robinhood recently announced that it is building its own layer-2 blockchain to support tokenized stocks and real-world assets, while Stripe followed with plans for Tempo, a payments-focused chain built with Paradigm. “That’s going…

Crypto Platform Bullish Wins New York BitLicense, Clearing Path for U.S. Expansion

Bullish (BLSH), the parent company of CoinDesk, has secured a coveted BitLicense from the New York State Department of Financial Services (NYDFS), a key regulatory approval that will allow the institutional digital asset platform to offer spot trading and custody services to customers in New York, the company said in a press release on Wednesday….

Forward Industries Plans $4B Share Sale to Back Solana Treasury

Nasdaq-listed company Forward Industries filed for an at-the-market (ATM) equity offering program of up to $4 billion, giving the company flexibility to sell shares over time to support its Solana-focused treasury strategy.  On Wednesday, Forward Industries announced that the program will allow it to issue and sell common stock through sales agent Cantor Fitzgerald.  The…

Ethereum Exit Queue Hits Record $12B ETH, Raising Sell-Pressure Worries

Key takeaways: Ether queued for unstaking hits a record $12 billion, with a 44-day wait time.  Strategic reserves and ETF holdings have jumped by 116% since July 1, allaying fears of a potential ETH sell-off. The amount of Ether (ETH) in the queue waiting to be unstaked has surged to its highest level, as investors…

Privacy is ‘Constant Battle’ Between Blockchain Stakeholders and State

Blockchain industry participants and regulators continue wrangling over privacy rights as the European Union’s sweeping Anti-Money Laundering (AML) rules look set to ban privacy-preserving tokens and anonymous crypto accounts starting in 2027. Credit institutions, financial institutions and crypto asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or handling privacy-preserving cryptocurrencies under the…

Watch These Bitcoin Price Levels Ahead of Fed Chair Powell’s Speech

Key takeaways: Fed interest-rate cut odds for today are now 100%. BTC price may rise to all-time highs if key resistance level at $118,000 is broken. Bitcoin (BTC) rose to a four-week high above $117,000 on Wednesday, as traders expect price swings before and after the US policy decision on interest rate cuts.  100% chance…

Whale awakens after 12 years, transfers 1,000 BTC ahead of FOMC decision

A long-dormant Bitcoin whale moved about $116 million worth of the cryptocurrency after 12 years, just before the US Federal Reserve’s closely watched interest rate decision. The unknown whale woke up after 12 years of dormancy to transfer 1,000 Bitcoin (BTC) — worth around $116 million at current prices — which he initially acquired for…

Watch These Bitcoin Price Levels Ahead of Fed Chair Powell’s Speech

Key takeaways: Fed interest-rate cut odds for today are now 100%. BTC price may rise to all-time highs if key resistance level at $118,000 is broken. Bitcoin (BTC) rose to a four-week high above $117,000 on Wednesday, as traders expect price swings before and after the US policy decision on interest rate cuts.  100% chance…

ARK Invest Buys $8.21M Bullish Stock, Holdings Reach $130M

The Cathie Wood-led ARK Invest has bought more than 160,000 shares in the crypto exchange Bullish in the asset manager’s latest scoop of crypto-related stocks. In a filing on Tuesday, the company revealed it bought around $8.21 million worth of Bullish shares across two of its funds, the ARK Innovation ETF (ARKK) and the ARK…