Erebor Bank targets $1.5B raise at $9.5B valuation: FT
The year-old, US-regulated crypto-friendly lender has quadrupled deposits to $4.6B in four months and is about to double its private-market value, with the 12% leverage rule forcing the raise.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
The year-old, US-regulated crypto-friendly lender has quadrupled deposits to $4.6B in four months and is about to double its private-market value, with the 12% leverage rule forcing the raise.
The move breaks the corporate BTC trade's central thesis that buying could go on forever. With Strategy's yield sliding and Metaplanet below coin value, this won't be the last forced sale.
Each of these committee chairs has opposed past crypto bills, and Waters went so far as to call the Clarity Act the 'Calamity Act' during a hearing walkout.
The loss is mostly a mark-to-market hit on bitcoin holdings; the structural story is the 0.7x mNAV discount and a new CEO framing XXI as more than a pure bitcoin treasury.
Ethereum, BNB Chain, Base, Solana and Sonic absorbed 94% of year-to-date public token-sale capital, leaving dozens of L1s and L2s to fight for the remaining 6%.
The MiFID-anchored rollout turns Coinbase's UK arm into a regulated multi-asset venue rather than a crypto-only broker, as 88% of net revenue already comes from outside bitcoin spot trading.
Benchmark's structural argument isn't the $22 target, it's that mining built the energized infrastructure letting Bitdeer pivot into a $4.7B AI colocation contract on Volta's compressed timeline.
VanEck's read is that miners are earning AI premiums before most of the compute is built. Riot's $9.1B check with no rent until 2027 puts execution, dilution, debt, and tenant credit on the test…
The order raises the compliance bar for Australia's cash-to-crypto sector, where AUSTRAC is tightening controls around money-laundering and terrorism-financing risks.
The $850M ETF spree is not automatically a one-way Bitcoin bet: basis trades can pair ETF buying with futures shorts, while IBIT's size can turn into resistance near $60,000.
The chart has yet to confirm the squeeze, making $68,000 the first technical level that would turn a supply thesis into market evidence.
The proposal marks a sharp reversal from years of crypto hostility in Moscow, and would open one of the world's largest economies to regulated spot trading in the three most liquid digital assets.
Tokenized cards promise faster settlement, but eBay's $2.62B in 2025 sales shows that liquidity and price discovery remain the real hurdles.
The APPG warns that restricted banking access could slow licensed firms, affect investment and undermine the U.K.'s forthcoming crypto regime.
The corporate pivot removes institutional cover for BTC and raises liquidation risk as holders sell to build liquidity or rotate into AI.
The Senate setback shifts the near-term regulatory spotlight to agency action, while the congressional route remains unresolved and no final framework has emerged.
The case tests whether tokenized bullion can serve as reliable DeFi collateral when a platform winds down, exposing the infrastructure risk behind on-chain gold.
The UK rollout broadens Coinbase's institutional product set, giving professional investors more ways to hedge and take leveraged crypto exposure.
Tokenized assets are moving from a niche segment toward a major on-chain liquidity role even as DeFi remains under pressure.
Interoperable rails could lower the friction of trade settlement across the bloc, giving CBDCs a more practical role in international payments.