Kalsi reportedly raised an additional $1 billion at an $11 billion valuation

Prediction market platform Kalsi has reportedly raised an additional $1 billion from at least two venture capital firms, increasing its valuation to $11 billion. Kalsi’s latest funding round was led by Sequoia Capital and CapitalG, TechCrunch reported Thursday, citing people familiar with the matter. Andreessen Horowitz (a16z), Paradigm, Ansos Capital and Neo are among other…

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El Salvador adds 1,090 BTC to reserves amid falling prices

Important points El Salvador made record BTC purchases despite a sharp market decline and IMF lending restrictions. The government may be using a technical workaround to continue purchasing without using finance department funds. Supporters praise the long-term strategy, while critics warn of fiscal risks and complicated transparency. El Salvador made the largest Bitcoin purchase in…

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Convertible bonds threaten companies’ Bitcoin bonds, executives warn

Convertible debt provides cheap capital, but comes with refinancing risk, pre-short sales, and multi-year overhangs. One analyst has warned that the real risk for Bitcoin Treasury Company (BTCTC) is not the current price fluctuations in the market, but rather how it finances its acquisitions. While convertible debt is often attractive, it poses a significant and…

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Best Altcoins to Buy as Analysts Fuel Altcoin Season Hype

Editorial you can trust Content is reviewed by leading industry experts and experienced editors. Advertising disclosure overview: ➡️ Bitcoin’s drop below $90,000 and the decline in dollar BTC dominance are classic ingredients for rotation into higher beta altcoins in late cycles. ➡️ With the approval of altcoin ETFs, particularly assets like Solana and XRP, institutional…

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Tether enters Bitcoin-backed lending as loan amount exceeds $1 billion and market soars

Tether, the world’s largest player in the digital asset sector, has stepped deeper into the cryptocurrency-backed credit market with a new investment in Ledn, one of the most established providers of Bitcoin-backed loans. The move comes amid a new wave of activity across the lending sector, which has already surpassed $1 billion in loan originations…

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