11 Aug 2025, 19:16

Bullish, backed by Peter Thiel, raised its IPO size to $990 million

Bullish, the crypto exchange backed by billionaire Peter Thiel, has boosted the size of its planned initial public offering and raised its pricing ambitions, according to a filing with the Securities and Exchange Commission on Monday. The company now aims to raise $990 million by selling 30 million shares priced between $32 and $33 each, giving it a targeted valuation of about $4.8 billion. This is a sharp step up from last week’s plan to sell 20.3 million shares at $28 to $31 apiece for a $4.2 billion valuation. Chief executive Tom Farley, who previously served as president of the New York Stock Exchange, is leading the push to bring Bullish to Wall Street. The company has given its underwriters (JPMorgan, Jefferies, and Citigroup) a 30-day option to sell another 4.5 million shares if demand is strong. Bullish stock will trade on the NYSE under the ticker BLSH once the deal closes. Interest from large investors is already on the table, with BlackRock and Cathie Wood’s ARK Investment Management indicating they could purchase up to $200 million worth of the offering. Bullish joins busy crypto IPO pipeline amid rising market activity Bullish, which also owns crypto news platform CoinDesk, is part of a fresh wave of crypto companies entering the public market. The recent run in valuations and trading activity has been helped by stronger investor sentiment and clearer regulatory backing from Washington. In June, stablecoin issuer Circle completed its IPO . In May, Mike Novogratz’s Galaxy Digital shifted its listing to the Nasdaq, and trading app eToro also began trading publicly. The list of pending entries is growing. Crypto custody firm BitGo has confidentially filed for a U.S. listing, and Gemini, run by Tyler and Cameron Winklevoss, is preparing for one as well. The momentum for these listings is building alongside a rally in cryptocurrencies. Bitcoin is now close to its all-time high after an overnight move higher, trading at $119,782, up 1%, while Ether is at $4,181, down 1.6% after hitting its highest level since December 2021 on Sunday. On Friday, Ether crossed $4,000 for the first time since that month. The rally has spilled into equities. U.S. stock futures rose earlier as investors waited for new inflation numbers, with the broader market sitting near record levels. Shares of Coinbase climbed more than 5%, Circle gained 3%, and Galaxy Digital added 8%. Strategy, a listed proxy for bitcoin, rose more than 4%. Mining companies Mara Holdings, Riot Platforms, and Iren each advanced more than 3%. Debt growth, Asian buying, and Ether-linked gains drive momentum Some traders had expected a slowdown in August, a month that’s typically weak for crypto, after the hot run in the second quarter. Instead, the market has stayed active, with much of the buying coming during Asia’s trading hours. Markus Thielen, CEO of 10x Research, linked the move to the rapid expansion of U.S. debt. He pointed to President Donald Trump’s early July signing of the Big Beautiful Bill, which included a $5 trillion debt ceiling increase, as the key moment that pushed bitcoin out of its trading range. “Bitcoin’s breakout isn’t random, it’s being fueled by the fastest U.S. debt expansion in history and that momentum isn’t slowing down,” Thielen said. He added that the $133,000 level is now the next major test for the market and that both strong and weak economic conditions could keep demand high for bitcoin and gold. Ether-related stocks have also rallied. Bitmine Immersion Technologies jumped 25% on Monday after gaining almost the same on Friday. SharpLink Gaming rose 11%. Data from SoSoValue shows Ether exchange-traded funds brought in $326.83 million in inflows last week, topping bitcoin ETF inflows of $246.75 million. The crypto market’s gains put it within striking distance of previous records. Bitcoin is about 3% below its July 14 all-time high, while Ether remains 14% below the peak it set in November 2021. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.

11 Aug 2025, 19:13

Chainlink Partners with ICE to Bridge Forex and Metals Data into Onchain Finance

Chainlink Taps ICE’s Market Data for Onchain Finance In a groundbreaking development , blockchain oracle Chainlink has teamed up with Intercontinental Exchange (ICE), a Fortune 500 company behind the New York Stock Exchange. This partnership aims to bring real-time forex and precious metals data into decentralized finance (DeFi), closing the gap between traditional financial markets and blockchain-based solutions. ICE’s Market Data Powers Chainlink’s Blockchain Infrastructure Announced on August 11, the collaboration integrates ICE’s Consolidated Feed, which aggregates data from over 300 global exchanges, into Chainlink’s Data Streams network. This integration will supply institutional-grade forex and metals pricing to decentralized applications (dApps) and blockchain-based services, marking a major leap for the DeFi ecosystem. Maurisa Baumann, Vice President of Global Data Delivery Platforms at ICE, highlighted the significance of the partnership, emphasizing how ICE’s data is trusted by financial institutions around the world. The data provided will enhance the reliability of decentralized markets, making them more attractive to institutional investors. A Milestone for Onchain Finance and Tokenized Asset Markets This partnership addresses one of DeFi’s most critical challenges: the need for accurate, institutional-grade pricing for real-world assets. The integration of ICE’s high-quality forex and precious metals data into Chainlink’s infrastructure could signal a turning point for tokenized assets. As the demand for tokenized real-world assets grows, projections suggest that this market could reach $30.1 trillion by 2034. However, tokenized assets currently trail traditional financial products, with a market size of just $25.75 billion. This disparity reflects the cautious stance of institutions, which require blockchain infrastructure that meets their rigorous standards. Fernando Vazquez, from Chainlink Labs, called the partnership a “watershed moment” that could spur the transition of mainstream assets onto the blockchain.

11 Aug 2025, 19:12

Ethereum’s Surge Stops Short, Altcoin Opportunities Arise

Ethereum's price hints at altcoin potential, nearing $4,300 after tariff extension. LDO Coin rallies on SEC's non-security declaration, supported by Martinez's optimism. Continue Reading: Ethereum’s Surge Stops Short, Altcoin Opportunities Arise The post Ethereum’s Surge Stops Short, Altcoin Opportunities Arise appeared first on COINTURK NEWS .

11 Aug 2025, 19:10

Bitcoin’s 4-Year Cycle on the Chopping Block: Has the Halving Era Finally Ended?

In crypto, theories have a way of spinning up like dust devils, and lately, one in particular has been making the rounds — that bitcoin’s notorious four-year cycle may have run its course. Supporters of the “cycle is dead” camp say the pattern is breaking apart, citing shifts like rising institutional participation, the advent of

11 Aug 2025, 19:09

Blue Origin’s Acceptance of Bitcoin and Ethereum: A Potential Shift in Space Tourism Payments

Blue Origin’s acceptance of Bitcoin, Ethereum, and USDT for space tourism is a groundbreaking move that enhances the accessibility of space travel for crypto enthusiasts. Customers can now secure their

11 Aug 2025, 19:05

XRPL Labs Founder Sends Critical Warning to XRP Holders

Wietse Wind, founder of XRPL Labs and the mind behind the Xaman (formerly XUMM) wallet, has issued a direct and urgent warning to the XRP community . In a strongly worded post on X, Wind cautioned users about a surge in fraudulent emails and messages claiming service “interruptions” or promoting a so-called “Xaman desktop client.” He stressed that these claims are entirely false and part of a coordinated scam aimed at stealing user funds. The Anatomy of the Scam According to recent community reports, these scams take multiple forms. Victims are being targeted through phishing emails, fake social media accounts, and direct messages that mimic official XRPL Labs communication. Warning!! DANGER!! Scammers are sending emails about interruptions & Xaman desktop clients THIS IS FAKE! THIS IS SCAM! THEY TRY TO STEAL YOUR FUNDS! There are no interruptions. THERE IS NO DESKTOP CLIENT. WE DO NOT SEND EMAILS Only trust our App & our support in the app pic.twitter.com/kw2ZlvgNTY — WietseWind ( @ Xaman®, XRPL & Xahau) (@WietseWind) August 11, 2025 The attackers typically direct users to malicious links or prompt them to install bogus “desktop” applications or browser extensions. In some cases, they attempt to lure users into revealing their secret keys or recovery phrases, which can result in the complete loss of funds. These scams are not limited to fake applications alone. There has been an uptick in fraudulent tokens and counterfeit web wallets using the Xaman or XRPL name to gain credibility. Once trust is established, the scammers move quickly to compromise accounts and drain holdings. XRPL Labs’ Official Position XRPL Labs has repeatedly clarified that there is no official desktop client or browser extension for Xaman. This is a deliberate design choice — signing transactions on desktop or browser environments carries significantly higher security risks. The official Xaman wallet is available exclusively as a mobile application, with support provided directly within the app itself. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The company has also stressed that it does not send unsolicited emails to users. Any communication claiming to be from XRPL Labs that arrives outside official in-app support should be treated as highly suspicious. For verified help, users should use only the official Xaman app and refer to XRPL Labs’ published list of legitimate channels. Protecting Your XRP Wind’s message serves as a reminder that in the world of crypto, security starts with the user. The safest course of action is to ignore and report any unsolicited messages or emails, avoid clicking unknown links, and never share private keys or recovery phrases. Even seemingly urgent warnings about “service interruptions” should be verified directly in the Xaman app before taking any action. If you encounter suspicious activity — such as impersonation accounts, phishing links, or fake tokens — report them immediately to the relevant platform and XRPL Labs’ official support. A Timely Warning for the XRP Community With XRP adoption continuing to grow, opportunistic scams will only become more sophisticated. Wietse Wind’s warning is a timely call for vigilance. By sticking strictly to official channels and refusing to engage with out-of-band communications, XRP holders can stay one step ahead of attackers and keep their assets safe. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRPL Labs Founder Sends Critical Warning to XRP Holders appeared first on Times Tabloid .