Everbright Digital Holding Limited announced the pricing of a public offering of 4,293,000 ordinary shares at $1.88 per share, raising approximately $8.07 million before fees. The offering is expected to close around July 28, 2026, with proceeds inte…
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Key takeaways Solana (SOL) trades around $78, gaining more than 2% this week. Spot Solana ETFs recorded $5.83 million in inflows, marking the second straight day of institutional buying. Derivatives data points to growing bullish sentiment, with the long-to-short ratio rising to 1.12. Solana (SOL) remained steady around $77 on Wednesday, extending its weekly gains…
World Foundation, the nonprofit organization behind World Network, has raised $52.5 million through a strategic sale of its WLD token as the project marks three years since its mainnet launch. The funding round was led by Pantera Capital and included participation from Bain Capital Crypto, Eightco Holdings, Selini Capital, Susquehanna Crypto and other investors. The…
Robinhood Chain is clearing more than $800 million in daily decentralized exchange (DEX) volume two weeks after launch, with meme coins doing most of the lifting. Artemis CEO Jon Ma warns that the network’s biggest strength could become its biggest liability. The layer-2 network runs on Arbitrum, handling trades faster and cheaper than Ethereum itself….
The crypto market drifted lower on July 16, holding the total crypto market cap near $2.20 trillion after slipping about 0.48%. Rising US-Iran tension is now bleeding into digital assets, and even a fresh drop in inflation was not enough to spark new buying. 1. US-Iran Tension Spills Into Crypto The conflict has moved beyond…
Thomas Lee’s BitMine is turning to the preferred-stock market to raise fresh capital for its Ethereum strategy, offering investors a 9.5% annual payout. On June 3, the company revealed plans to sell 3 million shares of 9.50% Series A perpetual preferred stock with a $100 stated amount, creating a potential $300 million raise. The shares…