Author: John Smith
Semler Scientific is ramping up its bitcoin strategy with a $500 million securities offering and a new loan agreement with Coinbase. Public medial device maker Semler Scientific has filed a registration statement with the U.S. Securities and Exchange Commission to offer up to $500 million in securities, with the intent to use some of the proceeds to buy more Bitcoin (BTC). In the S-3 statement, the Nasdaq-listed healthcare tech firm said it may sell common stock, preferred stock, debt securities, warrants and units over time. The proceeds will be used “primarily for general corporate purposes, including the acquisition of Bitcoin,”…
After a $500 million settlement with the Department of Justice earlier this year, OKX crypto exchange has formally resumed operations in the U.S. The relaunch was announced via press release on Apr. 15, which stated that it includes the release of a self-custody web3 wallet, a new centralized exchange platform, and the appointment of Roshan Robert as the new U.S. CEO. OKX customers in the U.S. can now access the platform’s trading tools, low fees, and deep liquidity. Existing users on its previous U.S. platform, OKcoin, will be moved over to the new OKX platform. New users will get access…
Alchemy Pay has partnered with Ethena Labs to enable direct fiat purchases of USDe and ENA using regular payment methods. Alchemy Pay, a Singapore-based fiat-to-crypto payments provider, has partnered with Ethena (ENA) to enable users to buy Ethena’s synthetic stablecoin USDe and its native token ENA, using regular payment methods like Visa, Mastercard, Apple Pay, Google Pay, and more. Alchemy Pay has already integrated into the Ethena Swap portal, giving users in over 173 countries a simple way to convert their local currency into USDe or ENA. With support for over 50+fiat currencies, this integration removes a major barrier to…
Coinbase has warned that crypto may be entering a new bear market, but it expects prices to find support between May and June, potentially setting up a stronger Q3. In its monthly report published on Apr. 15, Coinbase noted that the total crypto market cap, excluding Bitcoin (BTC), has fallen 41% from its $1.6 trillion peak in December 2024 to about $950 billion. At the same time, venture capital investment in crypto remains 50–60% below the highs seen during the 2021–2022 cycle. These developments, along with global tariffs and ongoing economic uncertainty, have added pressure to the market, particularly for…
JP Mullin, CEO of Mantra, said he plans to burn his entire 772,000 OM token allocation in response to criticism over the project’s recent collapse and insider activity allegations. His statement follows an intense three days of scrutiny after the Mantra (OM) token plunged over 90% from its recent high, wiping out $5 billion in value. Mullin made the declaration via X on Apr. 15. He was replying to a community member who had suggested the Mantra team should delay its upcoming token unlocks, originally set to begin in April, as a show of long-term commitment. Mullin responded by clarifying…
Securitize has acquired MG Stover’s fund administration business, making it the world’s largest digital asset fund administrator. The news was announced in an Apr. 15 press release, in which Securitize said its subsidiary, Securitize Fund Services, will now oversee $38 billion in assets across 715 funds following the acquisition. MG Stover, established in 2007, was one of the first companies to specialize in fund administration for digital assets and cryptocurrency. Its integration with Securitize expands the platform’s fund servicing capabilities, which already include trading infrastructure, brokerage, tokenization, and transfer agents. The deal significantly enhances SFS’s ability to serve institutional investors…
Ethereum has re-entered a multi-year trading range, showing continued weakness with no signs of bullish momentum. With price now hovering near the channel midpoint, technical indicators suggest the potential for a full rotation back to the range low — a level that could trigger either a major bounce or historic breakdown. Ethereum’s price action (ETH) is flashing serious warning signs as it struggles to hold any bullish structure after falling back into a critical multi-year trading range. Since its rejection from higher levels, ETH has followed a textbook bearish pattern: re-entry into the range, a bearish retest, and now consolidation…
3iQ Corp. has tapped Figment as the primary staking provider for its new Solana Staking ETF (TSX: SOLQ), which officially launches on the Toronto Stock Exchange on Wednesday at 9:30 AM EST. The announcement represents the first product of its kind in North America to incorporate native Solana (SOL) staking rewards into an exchange-traded format. SOLQ gives investors regulated, exchange-traded access to Solana’s native staking yield, traditionally reserved for crypto-native users who either run validator nodes or delegate tokens to existing validators, without the complexity of self-custody or direct protocol interaction. Figment, a longtime Solana ecosystem player and one of…
On Apr. 13, 2025, a U.S. billionaire and founder of the biggest hedge fund, Bridgewater Associates, Ray Dalio, told NBC’s Meet the Press reporter that “right now we are at a decision-making point and very close to a recession.” Still, he is worried about “something worse than a recession.” He shared his view of a possible upcoming catastrophe and outlined what could be a remedy. “Worse than a recession” The Meet the Press reporter asked Dalio to explain what he meant when he said that the tariff problem is a symptom of a greater problem. Dalio indicated several simultaneous issues…
Bitcoin is back above $85,000, and BTC dominance is climbing towards its four-year peak. This may be the perfect time for altcoins with a high BTC correlation to rally during the bull run. Altcoin tokens with a real use case, growing adoption, and bullish on-chain and technical indicators could double or climb to three times their value this cycle. Sui, XRP and Fartcoin prices likely to rally Sui (SUI), the native token of a Layer 1 blockchain platform, XRP (XRP), and Fartcoin (FARTCOIN) are the top three picks for altcoins that could gain during this bull run. On Tuesday, April…