Bitcoin BTC$63,304.16 pushed back above $64,000 in early U.S. trading Tuesday, tracking a broader rebound in risk assets after several sessions of turbulence. Recently trading at $64,200, bitcoin was still lower by 0.75% over the past 24 hours, but well above the morning’s low of $62,500. Ether (ETH) and solana (SOL) also pared big early […]
BTC narrows big early losses and climbs back above $64,000 Read More »
Days after JPMorgan Chase & Co. admitted to bashing President Donald Trump after the Jan. 6, 2021 attack on the Capitol, the Federal Reserve is seeking comments on its proposal that would stop government oversight from pressuring banks to cut ties with legitimate customers based on their activities, including crypto businesses. “We’ve heard troubling cases
Fed Proposes Rule to Handle Crypto Debanking by Scrapping ‘Reputational Risk’ Read More »
Growth in prediction markets is increasing as traders seek more precise ways to price and hedge discrete events, from elections to interest rate decisions, without relying on blunt proxy trades. Prediction markets are running at an annual turnover rate of more than $3 billion, up from about $2 billion in December, and could reach $10
prediction markets eye $10 billion future, says Citizens Read More »
It may be “crypto winter,” but it’s a “stablecoin summer” as digital dollar adoption booms, payments giant Stripe said Tuesday in its annual letter. Bridge, the stablecoin orchestration platform Stripe acquired in 2024, saw transaction volume more than quadruple last year, according to the letter. The firm also said it will “soon” launch the mainnet
Stripe Says Stablecoin Adoption Rises Despite ‘Crypto Winter’ Read More »
The US Securities and Exchange Commission (SEC) has approved a special request from asset manager WisdomTree to allow shares of its Treasury Money Market Digital Fund to trade at $1 with a dealer on an intraday basis, regardless of the fund’s end-of-day net asset value. Until now, investors in the fund, which trades under the
SEC approves WisdomTree plan for 24/7 trading of tokenized money market fund Read More »
Undaunted by the jump in bitcoin BTC$63,837.33 and the even worse price action for bitcoin tax companies Adam Back, CEO of the Bitcoin Standard Treasury Company (BSTR), says shareholder approval for a public listing could come as soon as April. The public listing would come via a SPAC merger with Brandon Lutnick’s Cantor Equity Partners
Adam Back’s SPAC merger with Cantor Equity Partners could come as early as April Read More »
Crypto exchange Kraken is launching what it calls the first regulated perpetual futures contracts based on tokenized stocks, the firm told CoinDesk. Available to qualified non-U.S. users in more than 110 countries, the products track digital versions of major U.S. stocks, indices and a gold ETF built on the tokenized stock offering of xStocks, which
Kraken brings crypto-style, 24/7 perpetuals trading for tokenized US stocks Read More »
Binance, the world’s largest crypto exchange by trading volume, is returning to offer tokenized shares nearly five years after shelving a similar product under regulatory pressure. The exchange has teamed up with tokenization specialist Ondo Finance to list 10 tokenized US stocks, ETFs and commodity-related products on the Binance Alpha platform, the companies said in
Crypto exchange giant Binance revives tokenized stock trading with Ondo Finance Read More »
Bitcoin is exhibiting textbook bottoming characteristics across several indicators, trading at levels that historically precede significant recoveries, according to prominent onchain analyst James Check. However, time — not price — is likely the biggest test for bitcoin bulls. “Every mean reversion pattern, from technical to onchain trades within bottom formation levels, typically seen after the
BTC near a bottom in price, but bulls will have to be patient Read More »
Cipher Digital ( CIFR ) shares fell about 5% in premarket trading after the company reported fourth-quarter results that missed Wall Street expectations and highlighted its shift away from bitcoin BTC$63,036.25 mining and towards high performance data centers (HPC). The company, formerly known as Cipher Mining, reported fourth-quarter revenue of $60 million, below analysts’ estimates
Cipher Digital (CIFR) lowers premarket after revenue miss, bets big on hyperscale future Read More »
