Business

BTC gyrations likely to calm as Goldman, BlackRocks explore income ETFs: Crypto Daily

Investors who thrive on bitcoins BTC$74,184.38 wild price fluctuations can be disappointing. Major banks are preparing to introduce new products that could dampen volatility in a market that has already become significantly calmer in recent years. Most recently, Goldman Sachs filed for a Bitcoin Premium Income exchange-traded fund (ETF). The proposed fund relies on selling […]

BTC gyrations likely to calm as Goldman, BlackRocks explore income ETFs: Crypto Daily Read More »

BTC Price Pulls Back as $75,000 Remains “Both Milestone and Ceiling:” Crypto Markets Today

Yesterday, CoinDesk flagged the potential for increased bitcoin BTC$73,959.72 price volatility around the $75,000 level and that scenario is playing out. After briefly approaching $76,000 late Tuesday, the largest cryptocurrency has pulled back to trade near $73,900. The move may be partly driven by market makers rebalancing their exposure, which adds to short-term price volatility.

BTC Price Pulls Back as $75,000 Remains “Both Milestone and Ceiling:” Crypto Markets Today Read More »

Crypto can solve its fairness problem with latency. No one is asking yet.

Austin Federa stepped down as the Solana Foundation’s chief strategy officer in 2024 to address what he saw as injustice in the crypto trading community. Eighteen months later, his company, DoubleZero, says it’s ready. DoubleZero aims to eliminate proximity to an exchange’s servers as a competitive advantage for traders. The private fiber network removes latency,

Crypto can solve its fairness problem with latency. No one is asking yet. Read More »

MSTR treasury companies emerge on STRC success

A new class of crypto treasury companies is emerging around Strategy’s high-yield stock, STRC, attracting companies looking to capture both exposure to bitcoin BTC$73,958.84 and additional income. STRC is a security issued by Strategy, the largest publicly traded holder of bitcoin, as a funding vehicle to support its ongoing bitcoin accumulation strategy. The company raises

MSTR treasury companies emerge on STRC success Read More »

Bitcoin’s ‘your keys, your coins’ promise just got an expiration date from a new developer proposal

Bitcoin BTC$73,922.42 was built on a promise that no one can touch your coins without your private key. No government, no bank, no one. That promise is now, for the first time in Bitcoin’s 16-year history, being challenged by the developer community itself, as part of efforts to build defenses against future quantum computers that

Bitcoin’s ‘your keys, your coins’ promise just got an expiration date from a new developer proposal Read More »

Bitmine sits on $10 billion ETH, but posts $3.6 billion loss

Bitmine Immersion Technologies has transformed itself into the Ethereum version of the strategy, doubling its outstanding shares in six months and raising over $10 billion in equity to amass nearly 5% of all ether in existence. it reported a quarterly net loss of $3.8 billion in Tuesday’s 10-Q filing, with share count falling from 232

Bitmine sits on $10 billion ETH, but posts $3.6 billion loss Read More »

What now for the Ripple-linked token after Rakuten begins payments

XRP is pushing higher again, with volume confirming the move, but it still needs to prove that this is more than a short-term breakout. The rally is holding for now, and the addition of real-world use through Rakuten gives it a stronger narrative than recent moves. News background • Japan’s e-commerce giant Rakuten integrates XRP

What now for the Ripple-linked token after Rakuten begins payments Read More »

SOL, ADA, DOGE pullback, bitcoin holds above $74,000 as Asia recovers Iran war losses

Bitcoin held above $74,000 on Wednesday as a wave of risk appetite swept through global markets, with Asian stocks joining Wall Street benchmarks in fully recouping losses incurred since the US-Iran conflict began in late February. Ether rose 4% on the week to trade near $2,325, outpacing bitcoin’s 3.9% move. Solana fell 1.5% to $83,

SOL, ADA, DOGE pullback, bitcoin holds above $74,000 as Asia recovers Iran war losses Read More »

Scroll to Top