Author: Kryptonews
KindlyMD’s NAKA shares slumped to $1.28 on Sept. 15, down by 54% in the past 24 hours and over 90% over one month.The healthcare-turned-Bitcoin (BTC) treasury company faces mounting pressure from equity dilution plans and broader investor fatigue toward digital asset treasury strategies.The Nasdaq-traded medical firm transformed into a Bitcoin treasury company after merging with Nakamoto in August, subsequently announcing plans to raise up to $5 billion through an at-the-market stock program to expand Bitcoin reserves.KindlyMD disclosed its first purchase of approximately 5,744 BTC valued at $635 million earlier this month.The stock peaked above $15 in late August before beginning…
Following a threatened crackdown on what he his administration called “corrosive ideology” in American museums, Donald Trump has ordered a national park to remove a famous photograph of a formerly enslaved man baring his scarred back. The Washington Post, which first reported the news on Monday night, did not specify which park would be impacted by the removal of the photograph and cited anonymous sources. But the article said it was one of “multiple” parks impacted by the orders, which target “signs and exhibits related to slavery at multiple national parks,” per the article. Related Articles Taken in 1863, the…
The boom in digital asset treasury (DAT) companies — fueled by the success of Strategy’s Bitcoin-buying — has shone a spotlight on cryptocurrencies such as Bitcoin, Ether and Solana. However, that spotlight has dimmed in recent weeks as the market net asset values (mNAVs) of many DATs collapsed, exposing smaller firms to growing risks, Standard Chartered warned Monday.In the world of DATs, mNAV measures the ratio of a company’s enterprise value to the value of its cryptocurrency holdings. An mNAV above 1 allows a firm to issue new shares and keep accumulating digital assets. Below that threshold, it becomes far…
Bitcoin BTC$108,783.53 mining profitability declined 5% last month primarily becuase of an increase in the network hashrate, investment bank Jefferies said in a research report Sunday.”A hypothetical one EH/s fleet of BTC miners would have generated ~$55k/day in revenue during August, vs ~$58k/day in July and ~$44k a year ago,” wrote analysts led by Jonathan Petersen.The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a proxy for competition in the industry and mining difficulty. It is measured in exahashes per second (EH/s).U.S.-listed mining companies mined 3,573 bitcoin in…
US lawmakers are set to meet with 18 crypto industry executives, including Strategy chairman Michael Saylor, on Tuesday to discuss how Congress can move forward with President Donald Trump’s Strategic Bitcoin Reserve.Those in attendance will also include Fundstrat CEO Tom Lee, who is also the chairman of BitMine, as well as MARA CEO Fred Thiel, according to crypto advocacy group The Digital Chambers, which shared the full list with Cointelegraph on Monday. The industry executives are looking to build momentum behind the BITCOIN Act, a measure introduced by US Senator Cynthia Lummis in March that calls on the government to acquire…
Robinhood (HOOD) is moving deeper into private markets with a new venture capital fund designed to give everyday investors access to companies before they go public.The company has filed with the Securities and Exchange Commission (SEC) an initial registration statement to launch Robinhood Ventures Fund I (RVI), a closed-end investment vehicle that aims to buy stakes in private companies that are leaders in their industries.The fund, managed by a newly formed subsidiary called Robinhood Ventures, would be traded on the New York Stock Exchange, pending regulatory approval.Robinhood faced criticism earlier this year after it announced that it was offering users…
Crypto markets are preparing for a wave of new digital assets between September 15 and 22. Data from the Tokenomist website shows that major projects, including Solana (SOL), Avalanche (AVAX), and Dogecoin (DOGE), will unlock more than $790 million in tokens during this period. Key Unlocks Major token activations exceeding $5 million over the next seven days are led by Optimism (OP), which will release $91.49 million worth of tokens. Fasttoken (FTN) follows closely at $89.8 million, while LayerZero (ZRO) adds $51.16 million. Velodrome Finance (VELO) and Arbitrum (ARB) will also see large cliff unlocks valued at $49.32 million and…
By Leena M. Al-Shamsi | TechArts Journal | September 2025In a bold move that bridges nostalgia with next-generation media, emerging studio FindWaldo_ has reportedly acquired the rights to the legendary “Where’s Waldo” franchise — signaling a major leap into immersive storytelling, gamified exploration, and blockchain-enabled experiences.A Legacy Brought Into the FutureFirst created by Martin Handford in 1987, Where’s Waldo has long been a global cultural staple. The character’s red-striped sweater and ever-evading presence have inspired generations to search, explore, and get delightfully lost in chaotic illustrations.Ownership of the franchise has changed hands several times, with DreamWorks Classics (a subsidiary of…
Ethereum price has fallen over the past three days, moving from last week’s high of $4,772 to $4,500. Still, one top Bitget analyst sees ETH rising to between $5,800 and $8,000 this year. Summary Ethereum price could jump to $8,000 this year. A Bitget analyst cited strong Ethereum ETF inflows. It will also benefit from macro factors and its ecosystem growth continues. Bitget analyst delivers bold Ethereum price forecast Ryan Lee, Bitget’s Chief Analyst, believes that Ethereum (ETH) has more upside and that it could jump to a high of $8,000. He cited the coin’s appeal among American investors, as…
The US Securities and Exchange Commission (SEC) and Gemini Trust Company filed a status update in court, letting a federal court know they had reached a “resolution in principle” to resolve a securities case stemming from a 2023 complaint.In a Monday filing in the US District Court for the Southern District of New York (SDNY), the SEC and Gemini Trust said that, “subject to review and approval” by the commission, the two parties requested that all litigation in the civil case be indefinitely stayed. The filing stated that both parties would file another status report if the case weren’t resolved…
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