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BMNR news: Tom Lee says ‘crypto spring’ started as Bitmine buys $238 million in ether

Bitmine (BMNR), the largest Ethereum financial company, bought 101,745 Ethereum coins (ETH) last week, and chairman Thomas Lee said that although market sentiment remains depressed, a new “crypto spring” is coming. According to an update on Monday, the purchase increased the company’s holdings to more than 5.18 million ETH, accounting for approximately 4.29% of the…

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DTCC sets October launch for tokenized securities platform in Wall Street blockchain push

Major Wall Street operator The Depository Trust & Clearing Corporation (DTCC) said on Monday it would begin limited production trading of tokenized securities in July, with a wider rollout of its platform in October. The service, built within DTCC Depository Trust Company, will allow companies to issue digital versions of assets in custody while retaining…

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Andreessen Horowitz’s new $2.2 billion crypto fund is chasing stablecoins, DeFi, and the builders no one is watching

Venture capital giant Andreessen Horowitz (a16z) has launched a $2.2 billion crypto fund, doubling down on investments in blockchain startups amid a surge in artificial intelligence venture capital. The new vehicle, called “Crypto Fund 5,” will invest in cryptocurrency entrepreneurs at all stages, with capital deployed over more than a decade, according to a company…

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Canada just got its first regulated digital dollar to take on the U.S. stablecoin’s crypto dominance

Tetra Trust Company, a Canadian digital technology and financial services provider, has launched CADD, a Canadian dollar stablecoin approved by the Ministry of Finance and Finance of the Province of Alberta. The company said it is the first Canadian dollar-pegged stablecoin issued by a regulated financial institution in Canada. The company said reserves are held…

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Why is crypto up today: Circle (CRCL), Coinbase (COIN) lead crypto stocks rally amid Clarity Act progress

Crypto-related stocks rose on Monday, led by Circle (CRCL) and Coinbase (COIN) as U.S. digital asset legislation and Bitcoin progress Bitcoin$81,030.06 A break above $80,000 boosted sentiment across the industry. USDC stablecoin issuer Circle surged 18%, extending recent gains, while U.S.-focused cryptocurrency exchange Coinbase gained about 7%. BitGo (BTGO), a digital asset infrastructure company that…

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