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Linqto Sells $130M in Ripple Equity to Four Institutions

Linqto Sells $130M in Ripple Equity to Four Institutions

A U.S. Bankruptcy Court has approved Linqto’s sale of approximately $130M worth of Ripple Labs common shares to four institutional buyers, with Galaxy Digital anchoring the transaction at $60M, followed by Arrington Capital at $50M, the Private Shares Fund at $16M, and GAM Alternatives Lux at $4M, p

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07-21 10:00

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Tether Acquires 31.9% Stake in Elemental Altus - Coinspeaker

Key Notes Tether announced the acquisition of a 31.9% stake in gold-royalty firm Elemental Altus. Apart from buying common shares of Elemental Altus, Tether also signed an option agreement with AlphaStream Limited. Tether currently holds up to 100,000 BTC and 80 tons of physical gold. USDT
2025-06-12 05:53
Tether Acquires 31.9% Stake in Elemental Altus - Coinspeaker

Whale Buys 800M WLFI Tokens — Is Exchange Listing Next?

Key Notes WLFI tokens launched with a presale starting at $0.015 in October 2024 and raised $590 million by March, including a second tranche priced at $0.05. Market sentiment remains bullish as analysts project a potential $1 billion initial market cap if 20% of the tokens are in
2025-06-12 05:20
Whale Buys 800M WLFI Tokens — Is Exchange Listing Next?

SPX6900 Surges 50% — Is BONK Meme Coin Losing Steam?

Key Notes SPX6900 (SPX) has climbed more than 50% over the past week and gained 10% in the last 24 hours. SPX overtook BONK to become the fifth-largest meme coin by market capitalization. Whale accumulation and falling exchange reserves suggest a supply squeeze as SPX closes in on ATH. SPX6900
SPX-2.63%
BONK-1.98%
MEME-2.09%
COIN-0.05%
2025-06-12 04:47
SPX6900 Surges 50% — Is BONK Meme Coin Losing Steam?

Solana Drops 5% as Nasdaq Firm Pulls $1B Ahead of ETF Push

Key Notes Solana drops 3.84% as DeFi Development Corp withdraws $1B SEC filing.SOL may climb to $164 if the ongoing ascending triangle breakout holds.Bloomberg sees a 90% chance of Solana ETF approval by 2025. Solana SOL $158.6 24h volatility: 3.7% Market cap: $83.38 B Vol. 24h: $4.87 B
SOL-1.65%
B-1.71%
2025-06-12 03:19
Solana Drops 5% as Nasdaq Firm Pulls $1B Ahead of ETF Push

Ripple Labs Reveals Plan for $700 Million Share Buyback - Coinspeaker

Key Notes Ripple has announced a $700 million tender offer to repurchase stakeholders' shares. Each share will go for $175 against the $125 per share valuation as of January. This tender offer lays the ground for an IPO, but it is not certain that Ripple will explore it soon. San
2025-06-12 03:03
Ripple Labs Reveals Plan for $700 Million Share Buyback - Coinspeaker

Dogecoin Falls 7% as Bulls Lose Steam After ETF Hype

Key Notes Dogecoin’s daily trading volume dropped by 16% to $1.36 billion, while futures open interest fell 5.38%, signaling bearish sentiment. Speculation around a potential Dogecoin ETF approval by the SEC rises as Polymarket data shows a 69% chance by year-end. Meanwhile, Dogecoin’s
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2025-06-12 02:45
Dogecoin Falls 7% as Bulls Lose Steam After ETF Hype