By Marco Piccolo Key highlights: KindlyMD announces a $5 billion at-the-market equity offering to fund additional Bitcoin purchases and general corporate needs. The move follows the company’s recent merger with Nakamoto Holdings and an initial $679 million BTC acquisition. Shares of KindlyMD (NAKA) dropped nearly 37% over the past week amid investor concerns about dilution. […]
Tag: XRP
By Chayanika Deka Digital asset investment products faced their largest weekly outflows since March as $1.43 billion exited the market. Despite this, trading volumes in exchange-traded products (ETPs) surged to $38 billion, around 50% above the yearly average, which reflected “increasingly polarised” investor sentiment over US monetary policy. Early in the week, fears of a […]
By Marco Piccolo Key highlights: Gemini, in partnership with Ripple and Mastercard, has launched a limited-edition XRP credit card offering crypto rewards on everyday purchases. Cardholders can earn up to 4% back in XRP, with rewards instantly credited to their Gemini Exchange accounts. The launch also coincides with Gemini expanding support for Ripple USD (RLUSD) […]