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Top Wall Street minds see AI rotation ahead as bitcoin seeks role in new cycle

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BlackRock’s Rick Rieder, UBS’s Ulrike Hoffmann-Burchardi and hedge fund manager Daniel Loeb see a 2026 economy that could keep growing even as the market’s center of gravity shifts. The broad message from their separate appearances at a conference in Miami last week was not that the AI ​​boom is ending. Instead, they said, the easy […]

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Kalshi, approved by the Commodity Futures Trading Commission, was last valued at $11 billion, while Polymarket was valued at $9 billion.

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Prediction market platforms Kalshi and Polymarket are discussing potential fundraising rounds that could value each company at around $20 billion. If completed at that level, the deals would roughly double their valuations as of late 2025. The discussions remain early and may not lead to finalized investments, according to the Wall Street Journal. Prediction markets

Kalshi, approved by the Commodity Futures Trading Commission, was last valued at $11 billion, while Polymarket was valued at $9 billion. Read More »

Those who cheered the US Bitcoin reserve have spent years watching the Trump order languish

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President Donald Trump’s move to establish what he called a “Strategic Bitcoin Reserve” in the federal government was met with celebration by the crypto sector at the start of his administration. The industry cheered it as further cementing bitcoin’s arrival BTC$67,897.31 as a mature asset, but a year has passed and there is still no

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Circle moves $68 million in internal payments via its own stablecoin to bypass legacy banks

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Circle has begun using its own stablecoin infrastructure to move money between internal entities and is settling $68 million in transfers using USDC, CEO Jeremy Allaire said Saturday. The transactions were conducted through Circle Mint, the company’s platform for minting and redeeming USDC. The firm’s treasury team used the system to perform intercompany transfer pricing

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BTC in deep bear market could go down another 30%, investment company says

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Bitcoin BTC$68,006.02 is stuck in the deepest phase of the bear market, and the pain could get worse, according to CK Zheng, founder of crypto investment firm ZX Squared Capital. “Bitcoin’s price is convincingly in deep bear market territory now. We expect another 30% price drop during 2026 when the Iran war started,” Zheng told

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Why Bitcoin Suffered a $110 Billion Wipeout Despite Its Best Week of Wall Street News in Months

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Bitcoin briefly pushed towards $74,000 this week, supported by a series of bullish developments that have tied the crypto industry ever closer to traditional finance. Some market observers began calling this a bullish rally, with one analyst even saying the new run ‘has legs’. Still, the convention did not last. By the end of the

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Bitcoin Fails to Sustain Breakout Momentum as Interest Rate Hikes Beckon: Crypto Markets Today

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Crypto markets demonstrated fragility on Friday with bitcoin BTC$68,341.88 trading narrowly above a psychological support level at $70,000. The biggest cryptocurrency broke above this level on Wednesday, rising as high as $74,000 before failing to exploit a lower liquidity zone above and falling back along with US stocks. The intensifying war in the Middle East

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How private credit cracks at BlackRock, Blue Owl could hit crypto and DeFi markets

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Cracks in the global private credit market are rattling investors, raising concerns that stress could spill over into crypto markets. Bloomberg reported Friday that BlackRock’s $26 billion private credit fund has begun limiting withdrawals due to rising redemption requests. The move follows similar stress at Blue Owl, which sold $1.4 billion in loans last month

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