When the team that created Zillow and grew it to a $16B valuation starts a new company, investors notice. No wonder top firms like SoftBank already invested in Pacaso. Now you can too, for only $2.80 per share.
5. Kraken Introduces Stock Trading
Starting today, investors in 9 US states can trade stocks and ETFs directly within their Kraken account. The company plans to “swiftly” expand stock trading to clients in more U.S. states, followed by the U.K., Europe and Australia.
4. MSTR Buys Again
Today Strategy $MSTR ( ▲ 1.36% ) announced another raise $285.7M by issuing new shares to purchase more bitcoin at an average price of ~$82,600. Skeptics say Saylor again paid a premium price instead of buying the recent dip, but Strategy’s overall cost basis still sits around $67,556.
3. Coinbase International Is Booming
Coinbase International's perpetual futures platform has seen explosive growth, processing nearly $100 billion in BTC perpetual futures volume over the past week alone. The recent spike in trading coincides with market turbulence triggered by tariff uncertainty.
2. Crypto Developer Activity Isn’t Booming
After hitting its peak in 2023, crypto developer activity has plunged back to levels not seen since 2019, according weekly commit data on Artemis. Funding dried up along the way and the AI hype likely wooed talent away from crypto. Yes, stablecoins keep humming, but overall crypto innovation appears to be stuck in neutral.
1. OM Token Violently Crashes
OM, the token for Layer 1 blockchain MANTRA collapsed violently on Sunday by more than 90% in a matter of hours. Before the drop, the OM token had a market cap of $6 billion, putting it in the top 25 tokens by market cap. The saga continues with a lot of finger pointing.
The Biggest Economic Story Nobody's Talking About
One expert investor has recently visited Beijing, Singapore, and Hong Kong looking for the next big tech breakthrough. But it was a two-minute encounter at San Francisco's airport that stopped him dead in his tracks. It's part of a larger trend that PwC says could be worth $16 trillion and Goldman Sachs says could cost 300 million people their jobs globally.