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Quick take: The fundraising brings the total raised this year to $122 million, following a $40 million Series A announced earlier in the year. The Bermuda-regulated firm, which claims to be the first Bitcoin-only denominated life insurance firm, started offering insurance policies in 2023. The company plans to use the fresh capital to advance its product offering amid increased interest from families and established financial institutions. Meanwhile, the “first” Bitcoin-denominated life insurance provider has raised $82 million in a funding round co-led by Bain Capital Crypto and Haun Ventures. The fundraising also attracted participation from Apollo, Northwestern Mutual, Pantera Capital,…

Crypto presales remain a major point of interest for traders who want early access to emerging projects before they reach mainstream exchanges. These opportunities often appear on crypto presale lists and attract attention due to their potential for utility and community growth. Among the big crypto presales, Based Eggman has gained investor confidence with its meme-driven yet practical approach to gaming and Web3 engagement. Alongside it, established altcoins such as XRP and Cardano continue to demonstrate resilience through liquidity, strong trading volumes, and supportive communities. Together, these assets highlight the balance between new presale crypto projects and proven cryptocurrencies.Based Eggman: Gaming Identity in…

Quick take: The company has completed an initial open market purchase of 678,353 Injective (INJ) tokens valued at about $8.9 million. All tokens will be deployed for staking at an expected annual yield of about 12.75%, Pineapple said on Tuesday. The company plans to become the largest INJ holder and staker, following its $100 million September 2025 private placement dedicated to the treasury. Pineapple Financial Inc. (NYSEAmerican: PAPL) has launched its crypto treasury strategy with an $8.9 million INJ open market purchase. The purchase follows the Toronto-based Fintech’s $100 million private placement announced in September, intended to fund an Injective…

The index will track both digital assets and publicly traded crypto-linked companies. S&P Global (NYSE: SPGI) announced on Tuesday, Oct. 7 that it is expanding its crypto index offerings with the launch of a new benchmark that tracks both cryptocurrencies and traditional stocks tied to the crypto industry.Called the S&P Digital Markets 50 Index, the benchmark will include 35 publicly traded companies involved in blockchain, digital asset operations and infrastructure, and fintech, along with 15 major cryptocurrencies, according to a press release. The index was developed by S&P Dow Jones Indices in partnership with Dinari, a company that specializes in…

Bitcoin’s latest push through record levels has left short-term holder (STH) whales sitting on their fattest paper profits of the cycle of about $10.1 billion, according to CryptoQuant data.These are entities holding more than 1,000 BTC that only entered the market in the past five months — the so-called “weak hands” of the cohort who usually fold first when volatility spikes.(CryptoQuant) The unrealized profit tally is the highest this cycle, a swing that reflects how quickly fortunes can change in bitcoin. Just weeks ago, late September’s dip left this same group underwater. Now, thanks to ETF inflows, a U.S. shutdown…

Intercontinental Exchange (ICE) invested $2 billion into Polymarket at a $9 billion post-money valuation, CEO Shayne Coplan announced on Oct. 7.The deal represents the most significant single investment in prediction markets and positions the sector as crypto’s emerging battleground as institutional capital seeks on-chain infrastructure with real-world utility.ICE is the owner of the New York Stock Exchange and the world’s largest exchange company.Lynn Martin, president of NYSE, celebrated the partnership in a post before the opening bell. She said that the partnership will “help bring prediction markets into the financial mainstream.”Beyond the investmentCoplan described the partnership as “a major step…

NYSE-listed company CleanCore Solutions has added over 710 million Dogecoin to its balance sheet, edging closer to its target of 1 billion Dogecoin.“CleanCore’s Treasury includes total Dogecoin Holdings of over 710 million, with over $20 million in unrealized gains, and sufficient cash to keep acquiring Dogecoin supported by the partnership of Bitstamp by Robinhood,” CleanCore Solutions said in a statement on Tuesday.Dogecoin (DOGE) is trading at 24.5 cents, valuing the company’s holdings at approximately $173.92 million, according to CoinMarketCap. CleanCore said it raised about $175 million before expenses through a private placement on Sept. 5.CleanCore shows concern over mNAVThe company…

Bitcoin topped $126,000 on Monday.Exchange-traded funds are leading the buying.BlackRock’s IBIT has nearly $100 billion in assets under management.There’s no stopping Bitcoin’s price — or BlackRock. On Monday, the top crypto hit a fresh price record of $126,080 just as BlackRock’s IBIT exchange-traded fund became the asset manager’s most profitable ETF. It’s an extraordinary feat for a fund that’s barely two years old. “IBIT, a hair away from $100 billion, is now the most profitable ETF for BlackRock by a good amount,” noted Bloomberg Intelligence ETF expert Eric Balchunas on X. “Check out the ages of the rest of the…

Galaxy Digital predicts that tokenized assets could grow by more than 5,600% in five years, driven by strong institutional interest.Mike Novogratz’s crypto firm Galaxy Digital sees a bright future ahead for tokenized assets.In a recent research report, “The Investable Universe 2.0,” the New York-based firm projects that tokenized assets could reach a $1.9 trillion market capitalization by 2030 under its base scenario, a 5,622% increase from their current $33 billion valuation, and as much as $3.8 trillion if adoption accelerates.Source: Galaxy, Bain, McKinsey, and BCGIn the report, Galaxy Digital explained that the valuation growth can be attributed to strong institutional…

Bitcoin BTC$122,473.38 and gold (XAU) have diverged over the past 24 hours, with BTC likely feeling pressure from a strengthening dollar index.The leading cryptocurrency by market value has dropped 2.4% to $121,340, after failing to break through key resistance above $126,000 early this week, according to CoinDesk data. The Coindesk 20 Index has declined over 4% to 4,186 points.The decline comes as the dollar index, which tracks the greenback’s exchange rate against a basket of fiat currencies, rose to 98.90, the highest level since Aug. 5. Strength in the DXY typically weighs on USD-denominated assets, such as BTC and gold.…