As Bitcoin and altcoins continue to sell off, venture capital is raising millions for blockchain-based financial infrastructure, while real-world assets continue to draw capital.
Sam Bourgi
Sam Bourgi is a staff writer and editor at Cointelegraph. He covers Bitcoin and the broader digital asset economy, focusing on the intersection of cryptocurrency, business, and traditional finance. He is the author of Cointelegraph’s Crypto Biz newsletter, which examines blockchain-related companies and venture capital activity. Bourgi holds a master’s degree in economics and public policy from McMaster University and has previously worked at research organizations and other crypto-focused media outlets.
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Crypto slides, but tokenized RWAs and VC push ahead - News
Kraken’s xStocks tops $25B in volume with more than 80K onchain holders Blockchain-based versions of US stocks are drawing growing investor activity, with onchain wallets and cross-venue trading expanding rapidly.
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Bitcoin ETFs still sit on $53B in net inflows despite recent outflows: Bloomberg Heavy outflows haven’t erased the success of spot Bitcoin ETFs, which still hold $53 billion in cumulative inflows, according to Bloomberg analyst Eric Balchunas.
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Bitcoin miners chase 30 GW AI capacity to offset hashprice pressure Public Bitcoin miners are developing 30 gigawatts of AI-focused power capacity, nearly triple current levels, as post-halving margin pressure reshapes the industry.
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Modern Treasury integrates stablecoin settlement alongside ACH and wires The payment software company has integrated stablecoin settlement into its existing payments stack, combining USDG, USDP and USDC with traditional rails.
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HIVE Digital posts 219% revenue jump as miner-AI hybrid strategy gains traction Third-quarter results show revenue growth despite lower Bitcoin prices, alongside new AI computing contracts, as HIVE continues to expand beyond its core mining business.
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Amid crypto VC shakeout, Dragonfly closes $650M fund with focus on real-world assets Dragonfly’s raise comes as crypto venture capital shifts toward tokenized real-world assets, payments and core financial infrastructure that enables institutional participation.
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Nakamoto to acquire BTC Inc, UTXO in $107M all-stock deal Nakamoto will acquire BTC Inc and UTXO in an all-stock deal, consolidating Bitcoin media, events and asset management under one Nasdaq-listed company.
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Paradigm reframes Bitcoin mining as grid asset, not energy drain The cryptocurrency investment firm says Bitcoin mining is being unfairly lumped with AI data centers, arguing miners act as flexible grid demand, not constant energy drains.
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Tokenized RWAs climb 13.5% despite $1T crypto market drawdown Tokenized real-world assets added 13.5% in 30 days, led by increasing activity on Ethereum, Arbitrum and Solana, even as the broader crypto market lost $1 trillion in value.
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Digital gold or tech stock? Bitcoin’s identity crisis deepens Bitcoin’s growing correlation with tech stocks challenges its digital gold narrative, as Ether treasuries, BlackRock and Polymarket make bold moves.
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Anchorage, Kamino let institutions borrow against SOL without moving custody A new framework allows institutions to borrow against staked SOL while the assets remain in qualified custody, as US lawmakers debate DeFi oversight.
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TradFi giant Fiserv builds real-time dollar rails for crypto companies Fiserv launches a 24/7/365 settlement platform for digital asset companies, aiming to reduce banking friction and improve US dollar liquidity.
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The real ‘supercycle’ isn’t crypto, it’s AI infrastructure: Analyst AI data center spending is eclipsing crypto’s hoped-for supercycle as Bitcoin miners shift capital toward high-performance computing infrastructure.
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BlackRock enters DeFi, taps Uniswap for institutional token trading BlackRock is bringing its $2.1 billion tokenized Treasury fund to Uniswap, expanding institutional access to DeFi and deepening Wall Street’s push into onchain finance.
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SBF seeks new FTX fraud trial, citing new witness testimony Sam Bankman-Fried asked a federal appeals panel for a new trial in the FTX fraud case, arguing that new witness testimony could weaken the case that led to his 25-year sentence.
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State Street warns dollar could fall 10% if Fed cuts more than expected State Street said the US dollar may fall to multi-year lows if the Fed cuts rates more aggressively, a scenario that could shift capital toward Bitcoin and risk assets.
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Bitcoin is trading like a growth asset, not digital gold: Grayscale New Grayscale research shows Bitcoin’s price behavior is increasingly tied to equities, particularly software stocks, challenging its long-held safe-haven narrative in the short term.
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Polymarket sues Massachusetts, claims states can’t regulate prediction markets Polymarket is challenging Massachusetts in federal court, arguing that states lack the authority to regulate CFTC-approved prediction markets.
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Jump Trading eyes Kalshi, Polymarket stakes as institutional interest grows: Report Wall Street–style liquidity is reportedly moving into prediction markets, signaling a shift toward deeper markets, higher volumes and greater institutional participation.
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BitMine buys 40,613 ETH during sell-off as Ether strategy faces deep drawdown Tom Lee–backed BitMine added over 40,000 ETH during last week’s market sell-off, doubling down on its Ether treasury strategy despite multibillion-dollar unrealized losses.
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Crypto’s stress test hits balance sheets as Bitcoin, Ether collapse Crypto’s downturn is rippling through treasuries, ETFs and mining infrastructure, exposing how digital asset volatility reshapes balance sheets and operations.
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Bitcoin miner production data reveals scale of US winter storm disruption New CryptoQuant data shows how January’s US winter storm disrupted Bitcoin mining as operators curtailed power use amid grid stress.
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Bitcoin sell-off pushes IBIT investor returns into the red — asset manager Based on dollar-weighted flows, aggregate returns for investors in BlackRock’s iShares Bitcoin Trust have turned negative following Bitcoin’s recent sell-off.
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Alternative inflation data shows sharp cooling in US CPI amid Fed uncertainty Real-time Truflation data show US price pressures easing, a shift that could reshape expectations for Fed policy and influence cryptocurrency and risk-asset markets.
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BitMine Immersion faces $6B paper loss as Ether sell-off deepens BitMine’s increasing ETH losses highlight the risks of crypto treasury strategies as leverage unwinds and weak liquidity accelerates market downturns.
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CoreWeave shows how crypto-era infrastructure quietly became AI’s backbone From crypto mining to AI compute, former cryptocurrency miners are reshaping data center economics as Big Tech’s grip on infrastructure begins to loosen.
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VC Roundup: Crypto funding rebounds as institutions test onchain finance From venture rounds to onchain credit, capital is moving cautiously back into crypto as institutions focus on infrastructure and real-world use cases.
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Gold is acting like the hedge Bitcoin promised to be As the dollar weakens, investors are turning to gold — onchain and off — while Bitcoin increasingly plays a supporting role in hedging currency risk.
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Changpeng Zhao rejects claims Binance worsened crypto market crash CZ pushed back on claims that Binance fueled October’s historic $19 billion crypto liquidation event, calling allegations against the exchange “far-fetched.”