Author: AltCoinDrops.com
Exponent Finance, a Solana-based yield exchange, has raised $5 million in a seed funding round as it prepares to expand its platform into broader yield infrastructure. Multicoin Capital led the round, with Solana Ventures, RockawayX, L1D, Prelude, and Theia Blockchain participating, along with angel investors such as Solana Labs CEO Anatoly Yakovenko and Solana Foundation’s head of institutional growth Nick Ducoff, Exponent said Thursday. The startup began fundraising for the round in May last year and closed it in August, co-founder and CEO Thomas Lefort told The Block. The funding was raised in a single tranche and structured as a…
XRP price trades just a few levels below $1.40 after clearing a key resistance level, which then lags. The token’s price action has remained stubbornly muted even as Ripple’s stablecoin ecosystem posts record numbers. RLUSD’s market cap has surged to $1.59 billion, with 24-hour trading volume spiking 143% as BlackRock adopted it as collateral. OKX’s listing of RLUSD as institutional collateral marks a structural upgrade too, moving it from a tier-two exchange asset to a genuine money-market instrument. LATEST: Ripple and OKX have partnered to list RLUSD across more than 280 spot pairs, with the stablecoin also available as margin…
TLDR: Ondo Finance holds roughly 70% of the tokenized stock market share, with over $825M in total value locked. Holders of 250+ tokenized stocks and ETFs can now participate in proxy voting through Broadridge’s network. Voting recommendations are weighted proportionately based on each token holder’s onchain ownership stake. Ondo tokenized stocks are live on Solana, Ethereum, and BNB Chain, backed by Binance, MetaMask, and Ledger. Ondo Finance has announced a partnership with Broadridge to bring proxy voting to holders of tokenized stocks and ETFs. Through this integration, holders of over 250 tokenized products can now access corporate governance tools. Broadridge…
TLDR Gemini secured approval from the U.S. Commodity Futures Trading Commission for a derivatives clearinghouse license. The license allows Gemini to clear and settle trades internally without relying on external providers. Gemini aims to expand into the prediction market sector and compete with platforms like Kalshi and Polymarket. The company plans to offer a full trading ecosystem including futures, options, and event-based contracts. Gemini shares increased by about 7% following the announcement of the approval. Gemini secured regulatory approval to expand its trading operations into U.S. derivatives and prediction markets. The move allows the exchange to handle trade clearing internally…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
TLDR: Ethereum taker buy volume surpassed $1B on Binance within one hour after ETH dropped below $2,300. OKX recorded nearly $20M in ETH buying flows in the same one-hour window following the price decline. The Federal Reserve held interest rates unchanged at 3.5%–3.75% and flagged rising short-term inflation risks. ETH was trading at $2,256.46, reflecting a 3.01% drop in 24 hours and a 3.77% decline over seven days. Ethereum recorded a sharp surge in buying activity as prices fell below the $2,300 mark. Within a single hour, taker buy volume on Binance crossed $1 billion. A comparable reaction was also…
The paperwork that SpaceX submitted to the SEC for its upcoming IPO reportedly contains the provisions for a deal that will assure Elon Musk has unchallenged control over the firm even after its mega trillion-dollar public listing. The report by Reuters claims that the X IPO deal contains provisions that validate only Elon Musk’s vote to remove himself as chief executive and board chairman. The disclosure comes as analysts have started to sound caution over certain particulars of the deal, and especially how it affects retail. And according to SpaceX CFO Bret Johnsen, “Retail is going to be a critical…
D-Wave Quantum stock is trading at $18.08–$18.87 on April 29, 2026 — sitting roughly 60% below its 52-week high of $46.75 but up over 90% from its 52-week low of $6.52. The stock has had a disorienting few weeks: a 46% single-session surge when Nvidia launched its Ising quantum AI models, followed by a sharp reversal as investors questioned whether the rally was justified by the underlying fundamentals. The answer, like most things with QBTS, is complicated. D-Wave has more real commercial traction than any other pure-play quantum stock — actual revenue, actual customers, actual government contracts. It also trades…
Bitcoin is pulling back from the upper boundary of its ascending channel on Powell’s final FOMC day, with a daily MACD bearish crossover now confirmed and price retreating toward key SMA support. This article breaks down what the daily chart signals, where price could head next, and why the Fed transition to incoming Chair Kevin Warsh adds a fresh layer of uncertainty. Summary Bitcoin is trading at $75,834 on April 29, down 0.67% on the session, as a daily MACD bearish crossover confirms momentum is shifting. Price has pulled back from the ascending channel’s upper boundary and is now pressing…
TLDR Senator Thom Tillis said the Clarity Act is ready to move toward a Senate Banking Committee hearing. Lawmakers resolved several banking industry concerns over stablecoin reward provisions in the draft bill. Tillis urged the committee chair to proceed with a markup in mid-May. The Senate faces a tight legislative calendar with limited weeks before midterm campaign demands. Industry representatives welcomed signs of progress and called for swift committee action. Senator Thom Tillis said the Senate may soon advance the Digital Asset Market Clarity Act toward a committee hearing. He stated that negotiations with banking groups have resolved many disputes…