Business – Page 36

Wall Street giant Apollo follows BlackRock in DeFi push with Morpho token deal

Apollo Global Management (APO) is moving deeper into crypto, striking a deal that could make the $938 billion asset manager a major token holder in a decentralized lending platform. The firm signed a cooperation agreement with the Morpho Association, the French non-profit organization behind the Morpho protocol, which allows Apollo and its subsidiaries to buy […]

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Hong Kong tries to build its crypto regulations: State of Crypto

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Consensus Hong Kong ended with a bang as policymakers announced new initiatives to grow the digital asset sector. You’re reading State of Crypto, a CoinDesk newsletter that looks at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative Politicians at Consensus Hong Kong announced a series of initiatives

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Founders admit that blockchain transparency is the only defense

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Prediction markets are increasingly being framed not as gambling platforms but as tools to monetize information, although the founders acknowledged that the line may blur depending on user intent at Consensus Hong Kong 2026. Ding X, founder of Predict.fun, argued that prediction markets are more like insurance underwriting or poker than roulette. “It’s more information

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BlackRock’s Digital Assets Head Warns Leverage-Driven Volatility Risks Undermine Bitcoin’s Institutional Narrative

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NEW YORK — While BlackRock’s iShares Bitcoin ETF (IBIT) is among the most successful product launches in Wall Street history, the crypto market’s growing reliance on leverage could do long-term damage to bitcoins BTC$70,413.42 institutional appeal, according to Robert Mitchnick, head of digital assets at BlackRock. Speaking with Anthony Pompliano and investor Dan Tapiero at

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XRP investors probably bought the dive after the recent crash

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Payment focused cryptocurrency XRP XRP$1.5320 rising faster than bitcoin BTC$70,413.42 and ether ETH$2,067.21 after investors hunted for bargains following the early month crash. XRP’s price has risen 38% to $1.55 since hitting a low of $1.12 on February 6, according to CoinDesk data. In the last 24 hours alone, prices have increased by more than

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Wall Street remains bullish on bitcoin (BTC) as offshore traders pull back

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A divergence in global bitcoin BTC$70,157.71 Market sentiment is growing as US institutional investors hold on while offshore traders pull back from their positions. The gap is most evident in the futures markets. CME, the go-to platform for hedge funds and institutional desks in the US, shows that traders are still paying a premium to

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Sui executives say institutional demand has never been higher

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Institutional interest in crypto is accelerating even as markets fluctuate, according to Sui executives at Consensus Hong Kong 2026. Stephen Mackintosh, Chief Investment Officer of Sui Group Holdings, called 2025 a “landmark year for institutional adoption,” pointing to the boom in digital asset treasury (DAT) vehicles and the success of spot bitcoin ETFs. “After the

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Galaxy’s Steve Kurz sees ‘major convergence’ driving crypto’s long-term outlook

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Crypto is no longer just an asset class, it is also an increasingly critical part of financial infrastructure, says Steve Kurz, Galaxy Digital’s ( GLXY ) global head of asset management and co-head of digital assets. In “The Great Convergence,” the company’s investment outlook for 2026, Kurz lays out a plan that is pragmatic about

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