Britain’s Supreme Court refused to hear an appeal in a long-running $13 billion lawsuit brought by Bitcoin Satoshi Vision (BSV) investors who upheld lower court rulings that narrowed claims against major crypto exchanges over the token’s delisting. In a brief ruling released on December 8, the court said that BSV Claims Limited’s “application does not […]
BlackRock is ramping up its digital asset strategy with a wave of new hires aimed at expanding its crypto- and blockchain-related products across the globe. The $10 trillion asset manager is hiring seven senior positions in digital assets, six based in the US and one in Singapore. The open roles span research, strategy and corporate
BlackRock expands crypto betting with 7 senior hires across US and Asia Read More »
Strategy’s ( MSTR ) junior preferred stock Stride ( STRD ) saw the credit spread tighten further late last week, possibly highlighting strong demand for the company’s highest-yielding preferred offering. The spread between the yield on the STRD and the US 10-year Treasury bond fell to a new low of 8.12% per December 12, according
The strategy’s STRD credit spread tightens as weekly ATM issuance hits a record high Read More »
BNB coin GDP$888.26 down over 3% in the past 24 hours, falling to $850, undercutting key support zones and erasing previous session gains. The move comes despite a brief technical breakout attempt near $888 and signs of rallying during the overnight open, according to CoinDesk Research’s technical analysis data model. BNB spent most of the
BNB falls below key support as crypto market cap falls towards $3T Read More »
Crypto policy is shifting from talk to implementation as the OCC, FDIC and Federal Reserve begin to outline a regulatory perimeter for stablecoins and tokenized deposits in the United States, Bank of America said in a Monday report. Recent approvals and proposals mark the start of a multi-year transition that could push more real assets
Stablecoin rules mark the start of a multi-year chain shift by US banks Read More »
Major cryptocurrencies fell during the US morning hours on Monday, continuing a now crystal clear pattern of relative underperformance as US stocks trade. Trading pretty flat just below $90,000 overnight, bitcoin BTC$89,629.86 fell to $86,800 in mid-morning US trade. “Since iShares Bitcoin ETF IBIT began trading, had you only owned it after the close (buy
US hours drop below $87,000 Read More »
Prediction markets are rapidly shifting from a niche sideline to a new asset class with monthly volumes around $10 billion, US bank Citizens said. Although small next to the more than $10 trillion in US stocks, they are growing fast as platforms like Robinhood (HOOD), Kalshi and Polymarket. The bank said these markets address a
Prediction markets are quietly becoming a new asset class, citizens say Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2833.07, down 0.3% (-7.57) since 16 ET Friday. Ten of the 20 assets are trading higher. Leaders: ETH (+2.0%) and AAVE (+1.6%). Lagging behind: HBAR (-3.9%) and ICP (-3.2%).
Ethereum (ETH) gains 2% as index trades flat Read More »
A new decentralized finance (DeFi) model is targeting a persistent problem facing football clubs: short-term liquidity gaps caused by uneven cash flows from media and commercial contracts. The decentralized protocol, hosted on the Chiliz blockchain, enables clubs and sports organizations to raise stablecoin liquidity by tokenizing future receivables, such as broadcasting rights, and using them
Football Clubs Tap Stablecoins for Liquidity via Chiliz’s DeFi Protocol Read More »
Veteran trader and chart analyst Peter Brandt has warned that bitcoins BTC$89,629.86 the signature growth parabola is broken, opening the door to a brutal slide potentially down to $25,000. Brandt’s call hinges on exponential decay in bitcoin’s bull cycles. Historically, the cryptocurrency has rallied strongly for 12-18 months after halving and subsequently slipped into a
Bitcoin (BTC) Could Crash To $25K As Parabolic Arc Has Snapped, Says Veteran Trader Read More »
