Polymarket set to reenter US with $112M acquisition of QCEX derivatives exchange

Polymarket returns to the US after acquiring QCEX, a CFTC-regulated derivatives exchange, for $112M, enabling its prediction market platform to operate legally in the country again.
The Business of Memes: Inside the Solana Meme Coin Factory Pump.Fun – Decrypt

Pump.fun, a Solana meme coin launchpad, has generated $774M in revenue but faces slowing growth and competition. Despite raising $600M in an ICO, its PUMP token struggles to maintain value.
Venture Capital Firms Launch $360,000,000 Crypto Treasury Company Focused on Arthur Hayes-Backed Ethena (ENA) – The Daily Hodl

Venture capitalists form a $360M crypto treasury firm focused on Ethena (ENA), backed by Pantera and Galaxy Digital, to capitalize on stablecoin growth through ENA accumulation.
Bitcoin whale accumulation returns: Can traders survive the $120K shakeout?

Bitcoin whales are accumulating BTC at levels not seen since 2024, signaling strong investor confidence. Rising scarcity and exchange inflows suggest potential volatility near $120K, with traders cautious about profit-taking.
Tron Founder Justin Sun Set To Join Blue Origin’s Next Mission

Tron founder Justin Sun will join Blue Origin’s NS-34 space mission alongside other notable figures, fulfilling his 2021 $28 million bid to support STEM education through Club For The Future.
FLOKI Price Holds Steady Below Key Level as Volume Remains High – Brave New Coin

FLOKI price is consolidating near $0.0001381 with bullish potential. Analysts note tight trading range, strong volume, and correlation with global liquidity. Key resistance levels at $0.0001515 and $0.0001766 are being watched.
Hive Digital accelerates AI pivot with $100M HPC expansion — Cointelegraph exclusive

Hive Digital Technologies shifts from crypto mining to AI-driven HPC services, aiming for $100M annual revenue by 2026 using Nvidia GPUs and strategic Toronto expansion.
Strategy Reveals Another Stock Offering to Boost $71 Billion Bitcoin Stash – Decrypt

Strategy announces a new stock offering, Stretch (STRC), to raise $500 million for Bitcoin purchases, continuing its aggressive BTC accumulation strategy with over 607,770 BTC held.
Institutional Demand Surges As Ethereum Sets New Inflow Records

Ethereum sees record institutional inflows as spot ETFs attract $2.18B in a week, with BlackRock’s ETHA holding $9.17B. ETH gains 20% amid growing regulatory clarity and institutional confidence.
El Salvador’s Bitcoin Moves Questioned by IMF — Bitcoin Hyper Rises With Confidence

El Salvador pauses Bitcoin purchases under IMF agreement despite BTC’s price surge, raising questions about its crypto strategy and compliance with loan terms.