Crypto card startups are racking up losses just to buy your loyalty with big rewards
Providers are betting trading, lending and staking revenue can cover rewards and turn card users into profitable customers.
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Peter Thiel-backed Founders Fund leads a $5 million token buy in crypto collateral protocol Anvil
“Businesses need to know the commitments behind payments and credit will be honored,” Joey Krug, a partner at Founders Fund, said in the announcement. “Anvil lets them secure those commitments with verifiable digital asset collateral, and the new SDK makes it easier to integrate into… Read More
Circle agrees to buy cross-border payments firm Tazapay for $400 million
The deal could grant Circle vital, regulated “last-mile” infrastructure, bridging the gap between stablecoins and traditional local banking systems.
Bitcoin price tops $78,000 on Trump ceasefire extension, Strategy’s $2.5 billion buy
Bitcoin BTC$77,976.32 is breaking out of the Iran-headline chop. The cryptocurrency topped $78,000 on Wednesday morning, up 2.2% over 24 hours and 4.3% on the week, after President Donald Trump said he would extend the Iran ceasefire indefinitely and Strategy disclosed the purchase of 34,164… Read More
Strive proposes $150 million preferred stock sale to repay debt, buy bitcoin
The capital raise will support balance sheet restructuring and the company’s bitcoin strategy.
Investors Should Buy the Dip in Coinbase (COIN) and Circle (CRCL), Says William Blair
Coinbase’s (COIN) recent slump is an “air pocket,” not a warning sign, investment bank William Blair said in a report on Monday. The bank reiterated its outperform rating on the stock and urged investors to treat the crypto sell-off as a buying opportunity. Coinbase shares… Read More