Ark Invest continued to add to its crypto-related equity positions as digital asset markets remain under pressure. Recent trade disclosures show the investment firm purchased additional shares in several companies tied to cryptocurrency infrastructure, trading, and treasury strategies. The largest addition was approximately $3.25 million in shares of Bitmine, an Ethereum-focused treasury firm. Ark also acquired about $3.46 million worth of shares in the Bullish crypto exchange and roughly $2.4 million in the stablecoin issuer Circle. Smaller purchases included $1.77 million in Block Inc. and just over $630,000 in Coinbase shares. Wood Wrote on X; These moves extend Ark’s buying…
Author: Blockto Team
Two leading prediction market platforms, Polymarket and Kalshi, are turning to grocery giveaways as they compete for market share in the rapidly expanding sector. Kalshi distributed $50 grocery vouchers to over 1,000 participants at Manhattan’s Westside Market on Tuesday, drawing lines reported to stretch for multiple blocks. Polymarket responded by announcing the opening of “The Polymarket”, New York’s first free grocery store, set to launch next Thursday. The platform is also donating $1 million to Food Bank for NYC to assist residents across all five boroughs. Polymarket emphasized that the store has been in development for months and will be…
Investor Michael Burry has warned that bitcoin’s recent price decline may be triggering forced selling across other asset classes, including gold and silver. According to Burry, losses tied to cryptocurrencies may have pushed institutional investors and corporate treasuries to liquidate up to $1 billion worth of precious metals to manage risk and cover losses. Bitcoin briefly fell below $73,000, marking a sharp drop of roughly 40% from recent highs. Burry said the move exposed structural weaknesses in the crypto market and may have prompted large holders to sell profitable positions elsewhere, particularly in tokenized gold and silver instruments, during late…
Galaxy Digital reported a net loss of $482 million in the fourth quarter of 2025, contributing to a full-year net loss of $241 million, as weaker digital asset prices weighed heavily on its balance sheet. The company said fourth-quarter results were primarily affected by falling cryptocurrency valuations, with Bitcoin declining roughly 20% during the period. For the full year, Galaxy attributed its losses to a combination of lower digital asset prices and approximately $160 million in one-time costs. Management noted that market conditions in late 2025 reflected a broader downturn across major cryptocurrencies, including Bitcoin, Ethereum, and Solana. Profitability Metrics…
VistaShares has launched a new actively managed exchange-traded fund designed to blend government bonds with Bitcoin-linked income strategies. The fund, trading on the New York Stock Exchange under the ticker BTYB, allocates the majority of its portfolio to US Treasury securities while using options to gain indirect exposure to Bitcoin price movements. According to details released with the launch, approximately 80% of the fund’s assets are invested in US Treasurys and related instruments. The remaining 20% is tied to Bitcoin through a synthetic covered call strategy, which relies on derivatives rather than direct cryptocurrency holdings. How the Options-Based Bitcoin Strategy…
The US House of Representatives has approved legislation aimed at ending a four-day partial government shutdown, clearing the way for most federal agencies to resume normal operations. The bill passed Tuesday by a narrow 217–214 vote and follows earlier approval by the Senate. The roughly $1.2 trillion funding package is designed to finance most government functions through Sept. 30. While the measure received some bipartisan backing, several Democratic lawmakers opposed it, citing concerns over immigration enforcement provisions included in the bill. Trump Expected to Sign Funding Legislation US President Donald Trump is expected to sign the bill, provided it remains…
Tian Ruixiang Holdings Ltd, a Nasdaq-listed insurance brokerage, announced plans to acquire up to 15,000 Bitcoin through an equity-linked agreement with an unnamed global digital asset investor. Under the proposed deal, the investor would contribute Bitcoin in exchange for an ownership stake in the company. Based on Bitcoin trading near $75,000 at the time of the announcement, the potential contribution would be valued at approximately $1.1 billion. The company did not disclose details regarding transaction timing, custody arrangements, or settlement structure. AI and Crypto Partnership Included in Agreement In addition to the Bitcoin component, the agreement outlines a broader strategic…
Nevada gaming regulators have taken legal action against Coinbase, alleging the crypto exchange offered unlicensed sports-related wagering products in the state. The lawsuit comes shortly after Coinbase announced the nationwide rollout of prediction markets, intensifying the debate over how these products should be regulated in the United States. Nevada Gaming Control Board Enforcement Action The Nevada Gaming Control Board filed a civil enforcement action in the First Judicial District Court in Carson City, accusing Coinbase Financial Markets of offering wagers on sports event contracts without proper state authorization. Regulators also asked the court to issue a temporary restraining order and…
Bitcoin fell sharply over the weekend, breaking below its recent support near $74,000 and sliding toward the $72,000 level as a broad selloff in global equities intensified pressure across risk assets. The move underscores how closely crypto markets remain tied to macro sentiment, particularly during periods of stress in U.S. stocks. U.S. equity indices moved lower as selling accelerated in technology and artificial intelligence–linked stocks. Several high-profile software and platform companies recorded steep single-day losses, with declines ranging from roughly 7% to more than 12%. The iShares Expanded Tech-Software ETF dropped about 5% during the session, extending its losses to…
Ethereum co-founder Vitalik Buterin has publicly questioned the long-standing rollup-centric roadmap, signaling a potential change in how the network approaches scaling. His comments reflect growing concerns that Layer 2 networks have not decentralized at the pace originally expected, even as Ethereum’s base layer continues to advance technically. Ethereum Rollups and the Decentralization Gap The rollup-centric vision positioned Layer 2s as “branded shards” that would handle scalability while relying on Ethereum for security and censorship resistance. In practice, many rollups remain partially centralized. Buterin has previously outlined a decentralization framework ranging from Stage 0, where governance is heavily centralized, to Stage…