Bitcoin BTC$87,422.91 may have traded over $126,000 in October, but according to Alex Thorn, global head of research at Galaxy Digital, its true value – once inflation is factored in – has never passed the six-figure mark. “If you adjust the price of bitcoin for inflation using 2020 dollars, BTC never crossed $100K,” Thorn wrote […]
BTC’s inflation-adjusted peak this year less impressive than expected Read More »
APT fell on heavy volume as the CoinDesk 20 index fell 2.8%.
Aptos’ APT falls amid slowdown in broader crypto markets Read More »
Russia’s central bank laid out a proposed framework that would legalize and regulate cryptocurrency trading for both individuals and institutions, continuing its softening stance toward cryptocurrencies. However, it continues to warn that investing in crypto carries risks, including potential losses. “They are not issued or guaranteed by any jurisdiction and are subject to increased volatility
Aave’s community members and participants have been sharply divided in recent weeks over control of the protocol’s brand and related assets, intensifying an ongoing dispute over the relationship between the decentralized autonomous organization (DAO) and Aave Labs, the centralized developer company that builds much of Aave’s technology. The debate has attracted mainstream attention because it
The Aave community shares control over the protocol’s brand assets Read More »
Bitcoin BTC$87,738.18 has disappointed investors this year, trailing both gold and the technology-heavy Nasdaq 100 stock index, despite expectations that it would benefit from fiat currency devaluation. But according to a VanEck manager, the biggest crypto asset could be poised for a big comeback next year. “Bitcoin is lagging the Nasdaq 100 index by about
Gold at $5,000, Bitcoin Poised for Big Comeback in 2026, VanEck Manager Predicts Read More »
As fears mount that the artificial intelligence (AI) bubble has burst, Wall Street deals are being kept alive by a fundamental problem: bitcoin BTC$87,591.36 miners and data center developers still require large amounts of power. “M&A work is still ongoing as people still need power,” Joe Nardini, head of investment banking at B. Riley Securities,
AI data center demand ‘undiminished’ despite stock sell-off, says industrial banker Read More »
Bitcoin led crypto markets on Tuesday down about 1% over the past 24 hours to just below $88,000. The drop came even as gold, silver and copper all rose to record highs (although it has pulled back a bit in Tuesday afternoon trading). US shares advance modestly, the Nasdaq rises by 0.45 per cent. Crypto-related
BTC slips below $88,000, but Strategy, Circle, Gemini among those markedly lower Read More »
The International Monetary Fund (IMF) praised El Salvador’s stronger-than-expected economic growth in a statement on Monday. Notably, the update did not include earlier IMF suggestions that El Salvador would delay its strategy to accumulate bitcoin BTC$87,928.36something the country – under the leadership of President Nayib Bukele – has continued to do since negotiating an IMF
IMF lauds El Salvador’s 4% GDP growth as bitcoin tensions ease Read More »
JPMorgan’s ( JPM ) reported plan to offer crypto trading to institutional clients could reshape the competitive landscape, but not necessarily at the expense of its rivals. According to analysts, the Wall Street giant’s entry could benefit existing players like Coinbase ( COIN ), Bullish ( BLSH ) and Galaxy Digital ( GLXY ), although
Coinbase (COIN), Bullish (BLSH) Galaxy (GLXY) May Benefit From JPMorgan’s Crypto Moves Read More »
The second-largest cryptocurrency exchange by trading volume, Bybit, said it will begin restricting access to its services for residents of Japan next year as part of an effort to comply with the country’s financial regulations. The company did not specify which services would be affected, but said affected users will receive additional communications as the
Bybit to restrict access for Japanese residents Read More »
