Bitcoin may reach $1.5 million by 2030, says ARK Invest CEO Cathie Wood, citing rising institutional adoption and growing demand for BTC as an asset class.
Crypto began as an idealistic movement to decentralize digital finance, but the long-term trend since Bitcoin originally launched in January 2009 has been toward ever more centralized and permissioned activity.
Kite AI introduces AI-driven layer-1 blockchain on Avalanche
Business
DeFi.app raises additional $4 million at a flat $100 million token valuation, including via Cobie’s Echo
Robinhood shares surge as Q4 crypto revenue jumps 700%
Hive Digital clocks $29.2M in Q3 revenue as Bitcoin hodl position surges
Crypto
Galaxy, Ripple CEOs lent $160M to MoonPay for TRUMP token launch
Bitcoin retail, ETF outflows mount to $494M, analysts eye market bottom
New York senator introduces bill to create a crypto task force
🚨 Notable Companies Secure Impressive Investments
Legend raises $15M in a funding round backed by Coinbase Ventures and a16z
Blum raises $5M in pre-seed and seed funding led by gumi Cryptos
Plasma raises $24M in a funding round led by Framework Ventures
🔥 Top Blockchain & Crypto News of the Week
🚀 From market crashes to institutional power moves, here are the top headlines shaping the crypto world right now.
1️⃣ Austin University Launches $5M Bitcoin Fund with 5- Year HODL Strategy
A new report reveals that Austin University is setting up a $5M Bitcoin fund, committing to a five-year holding strategy. This move signals growing institutional confidence in Bitcoin’s long-term value.
Swedish fintech giant Klarna (85M users) is going public in the U.S. and will start accepting cryptocurrencies. This puts it in direct competition with PayPal and Revolut, both of which already offer crypto services.
3️⃣ Altcoins Take a $234B Hit Amid Market Correction
Glassnode’s latest report shows that altcoins faced one of the largest market cap declines in history, dropping by $234B. While Bitcoin also took a hit, most realized losses came from short-term holders.
4️⃣ Ethereum Foundation Allocates 45,000 ETH to DeFi
Over the past month, the Ethereum Foundation has distributed 45,000 ETH across multiple DeFi protocols, reinforcing its support for decentralized finance:
