There are also signs of seller fatigue and believer accumulation. As seen in previous market bottoms, BTC can find a floor when few sellers remain and when accumulation by conviction holders increases. This plays out with about 45% of long-term holder supply at a loss, per data from Checkonchain, with levels associated with previous market […]
With MSTR concerns muted, look to traditional signals around BTC Read More »
Tokenization specialist Dinari and broker-dealer tZERO are teaming up to offer broker-dealers a turnkey platform for tokenized US stocks as competition heats up over how public stocks will move onto blockchain networks. The companies said Wednesday that they will combine Dinari’s tokenized equity platform with tZERO’s brokerage, custody, clearing and settlement infrastructure, allowing financial firms
Dinari, tZERO target brokerages in push for tokenized stocks Read More »
Adam Back’s Bitcoin Standard Treasury Company (BSTR), the bitcoin treasury company backed by Blockstream CEO and bitcoin pioneer, is renegotiating the terms of its planned IPO through a merger with Cantor Equity Partners I (CEPO), with the parties abandoning the original structure agreed upon last year in an effort to better reflect current market conditions.
Adam Back’s BSTR and Cantor Revise SPAC Merger Structure Read More »
SpaceX (SPCX) apparently moved bitcoin BTC$61,989.14 over its wallets early Wednesday for the first time in about six months in three transfers totaling less than $300 of its $1.16 billion holdings, signaling no imminent selling. Data from Arkham Intelligence shows that the largest transfer across addresses labeled as belonging to the company moved 0.00213 BTC,
Elon Musk’s SpaceX is moving bitcoin for the first time in six months Read More »
Citadel told the New York court that the decision to stop pursuing the case had nothing to do with the merits of its claims. Instead, it said it had already prevailed in a separate London arbitration against Portofino’s founders on employment-related claims including breach of contract, unlawful means, conspiracy and fraud, winning damages and legal
Citadel drops US Portofino case as it pursues founder in UK bankruptcy case Read More »
Will the Fed focus on breakevens, which are already at or below 2% in the short term, or on rising consumer concerns? The Fed itself tends to rely on breakevens because they reflect institutional capital allocation, while consumer surveys often lag and can be heavily influenced by volatile day-to-day costs like energy and food. Therefore,
Crypto markets fell on Wednesday after new airstrikes in Iran fueled risk-on sentiment among investors. The CoinDesk 20 Index was down 2.9% since midnight UTC, with all but one token down. Addressing NATO leaders, US President Donald Trump declared the ceasefire “over” and said talks with Iran are a “waste of time”, although talks are
Bitcoin falls as US and Iran airstrikes lower risk appetite across markets Read More »
Tax authorities, meanwhile, are concerned about widespread underreporting. In the fiscal year ending March 2023, fewer than a quarter of the 645,000 people who traded crypto actually declared those gains on their tax returns. Transactions conducted on offshore exchanges and peer-to-peer platforms, especially those denominated in rupees, remain difficult to track, trace and tax. Indian
Reserve Bank of India (RBI) still favors crypto ban due to tax evasion fears Read More »
XRP Ledger’s latest server software, v3.2.0, designed to make the network cheaper to run, more stable and more attractive for institutional use, is being adopted. However, it has not yet overtaken the previous version (3.1.3) across the wider network, and the key security fixes that come with it remain in the voting process. Of the
The XRP Ledger v3.2.0 rollout is gaining ground, but its replacement follows the version Read More »
Bitcoin Slips Below $63,000 as New US-Iran Tensions Dampen Risk Appetite
Bitcoin Slips Below $63,000 as New US-Iran Tensions Dampen Risk Appetite Read More »
