Goldman Sachs seeks approval for a Bitcoin Premium Income ETF
#GoldmanSachs has filed an application for a #Bitcoin Premium Income #ETF . This move represents the financial giant’s latest push to broaden its presence in the cryptocurrency sector. The proposed ETF is designed to give investors exposure to Bitcoin while generating income through a premium-based strategy. The filing arrives amid rising demand for crypto investment products and follows comparable efforts from other major financial institutions.
#PUMPCADE secures $5M in a Seed funding round from Jump Crypto and Foundation Capital. This funding round brings PUMPCADE's total funding to $6M.
PUMPCADE is a #Solana -based prediction market protocol that enables real-time betting inside livestream chats on platforms like Twitch and Kick, allowing users to wager on events such as streamer milestones or token moves using simple chat commands.
#PaxosLabs secures $12M in a funding round led by Blockchain Capital, with participation from Robot Ventures, Maelstrom, and Uniswap. The startup has also introduced Amplify, a technology platform enabling enterprise clients to offer yield, borrowing, and stablecoin services through a single integration.
Paxos Labs provides a B2B infrastructure stack that allows platforms to add three types of onchain financial products: branded digital dollars, native yield for users, and embedded credit markets.
#Bitcoin $BTC has crossed $75,000, gaining 4.43% in the last 24 hours and pushing the asset's market capitalization to $1.50T. This price move liquidated over $277M in short positions. Current Bitcoin dominance is 59.3%. Amid Bitcoin’s rise, #Ethereum $ETH also gained 5.6%, bringing its price to $2,357.
Visa, Stripe, and Zodia Custody become validators on Tempo
#Visa , #Stripe , and #ZodiaCustody have joined as early validators for Tempo as it expands beyond its initial small group of operators. Their role will be to validate, sequence, and finalize on-chain transactions, reinforcing the network’s institutional-grade infrastructure. Previously, Tempo has launched its mainnet.
Tempo is a high-speed, Layer 1 blockchain that enables high-throughput, low-cost global transactions for any use case, including machine payments.
#Sentio $ST is a unified Web3 observability and data platform that simplifies blockchain infrastructure by integrating indexing, querying, and real-time visualization into a single system.
#Octra $OCT is a blockchain platform that leverages homomorphic encryption and machine learning to facilitate a decentralized economy.
#AlignedLayer $ALIGN is a universal verification layer designed for Ethereum, enhancing its capabilities for zero-knowledge SNARK proofs.
Public companies continue to expand their Bitcoin holdings, solidifying cryptocurrency's role in traditional financial markets. With industry leaders like #Strategy holding substantial amounts, the total $BTC reserved by these firms now surpasses an impressive 1,131,658 $BTC , representing significant confidence in Bitcoin's long-term value. As the market matures, these holdings underscore the evolving relationship between traditional institutions and digital assets.
#Strategy announces acquisition of 13,927 $BTC for $1.0B at approximately $71,902 per #Bitcoin . Strategy holds 780,897 $BTC acquired for around $59.02B at $75,577 per Bitcoin. By continuing to grow its Bitcoin holdings, the company maintains its status as a major force in the cryptocurrency market, drawing interest from investors and industry analysts.
Strategy is the largest Bitcoin Treasury Company, an independent, publicly traded business intelligence company, and a Nasdaq 100 stock.