Bitcoin Never Hit $100K if Adjusted for Inflation: Galaxy

Bitcoin came just shy of hitting a milestone six figures when inflation is factored in, despite the cryptocurrency hitting an all-time peak of above $126,000 in October, says Galaxy head of research Alex Thorn. “If you adjust the price of Bitcoin for inflation using 2020 dollars, BTC never crossed $100,000,” Thorn said on Tuesday. “It … Read more

Amplify Launches ETFs for Stablecoins And Tokenization

Digital asset manager Amplify has launched two exchange-traded funds tracking blockchain projects across stablecoins and tokenization.  The company said on Tuesday that its Amplify Stablecoin Technology ETF (STBQ) and Amplify Tokenization Technology ETF (TKNQ) both went live on the NYSE Arca exchange. Both funds track a diversified index of companies working on products or infrastructure, … Read more

Upexi Falls 7.5% After Filing for $1B Raise

Shares in Upexi closed Tuesday down 7.5% after it filed to raise up to $1 billion to expand its Solana treasury and pursue other opportunities related to the token. Upexi said in its shelf registration filing to the Securities and Exchange Commission on Tuesday, that the raise could cover common and preferred stock, debt securities, … Read more

Bitcoin Stability May Signal No Drawdown In 2026: Pomp

Bitcoin’s lack of an exciting year-end price rally may be the catalyst that prevents a significant crash in the first quarter of next year, according to Bitcoin entrepreneur Anthony Pompliano. “Given where the volatility is right now, it would be very surprising that Bitcoin’s volatility has drastically compressed and yet still could get a 70% … Read more

Matador Gets Regulatory Nod for $58M Share-Sale

Bitcoin financial services firm Matador Technologies has received the regulatory green light to sell up to 80 million Canadian dollars ($58.4 million) worth of company shares, which it will use to help reach its goal of owning 1,000 Bitcoin by the end of 2026. Matador said on Tuesday that the Ontario Securities Commission has permitted … Read more

South Korea’s BC Card Completes Stablecoin Payments Pilot for Foreigners

South Korean payments processor BC Card has completed a pilot project that enabled foreign users to pay local merchants using stablecoins. BC Card’s pilot project was announced Tuesday and was conducted with blockchain company Wavebridge, wallet provider Aaron group and cross-border remittance provider Global Money Express. The companies had foreign users convert their stablecoins held … Read more

IMF Says El Salvador will Sell Chivo Bitcoin Wallet

Update (Dec. 23, 10:09 pm UTC): This article has been updated to include a statement from the IMF and clarify details on the Chivo sale. The International Monetary Fund’s mission chief for El Salvador issued a statement confirming that government authorities were proceeding with negotiations for the sale of the country’s Chivo Bitcoin wallet. In … Read more

Brett Harrison Raises $35M for Institutional Derivatives Platform

Brett Harrison, the former president of the now-defunct FTX US exchange, has closed a $35 million funding round for his new derivatives venture, signaling renewed investor confidence in the sector and continued venture appetite for crypto-linked derivatives infrastructure. On Tuesday, The Information reported that Harrison’s startup, Architect Financial Technologies, is using the funding to build … Read more