Wall Street analysts have begun covering SpaceX ( SPCX ) following the end of the 25-day quiet period following the company’s June initial public offering (IPO), when nearly all major brokerages launched their coverage with a bullish rating. The aerospace and satellite company, which had 18,712 bitcoin BTC$63,430.42 per March 31, went public in June, […]
Analysts see more upside for SpaceX as post-IPO research begins Read More »
Vanguard has opened the search for a head of digital assets, creating a senior role to oversee the firm’s strategy for cryptocurrencies and blockchain-based financial technology. The position, listed in Vanguard Personal Wealth, requires an executive to develop the firm’s digital asset vision, identify business opportunities and lead execution across product, technology, operations, legal and
Vanguard opens search for digital assets leader in sign of evolving crypto strategy Read More »
Richard Heathcote, who until March was Tether’s chief investment officer, plans to sell part of his 1.26% stake in the stablecoin giant, according to a Bloomberg report. Heathcote is working with PJT Partners to sell its stake in the San Salvador, El Salvador-based company, Bloomberg said, citing sources close to the matter. The sources said
Bitcoin BTC$63,707.37 fell on Tuesday after going on a six-day winning streak, its longest since March. In any case, the gains looked fragile when viewed through the lens of several indicators. The most followed is Coinbase Premium, which tracks the difference between bitcoin’s price on US-based exchanges Coinbase (COIN) and Binance. It has now been
Nasdaq-listed Coinbase (COIN) has secured UK regulatory approval to offer equities and derivatives alongside crypto, expanding its product suite in one of its biggest international markets. The new license enables institutional and advanced traders to access crypto, stock and commodity futures, Coinbase said in a blog post. Retail customers in the UK will also be
Coinbase secures UK license to offer traditional investments alongside crypto Read More »
Bitcoin BTC$63,176.00 stalled on Tuesday, falling for the first time this month and snapping its longest stretch of gains since March. It had risen to $64,500, the highest point in more than two weeks, on Monday. Ether (ETH) tracked the major cryptocurrency, falling to $1,770 after hitting a high of $1,830 on Monday. The rebound
Binance has introduced a product for bitcoin BTC$63,010.92 holders who want to earn extra returns on their investment without selling any of it join BlackRock to help them maximize returns. The product, BTC Yield, is available in Binance Earn and is designed exclusively for people who already have bitcoin. Users deposit their bitcoin into the
Bitcoin holders can now participate in a BTC covered call income strategy on Binance Read More »
Japanese bonds challenge boosted bitcoin BTC$63,070.96 has received from changing interest rate expectations that lifted the price of the largest cryptocurrency by 8% in less than seven days. The 10-year Japanese government bond (JGB) yield rose to a 30-year high of 2.85%, adding 18 basis points since the start of the month and raising borrowing
Bitcoin’s (BTC) recent macro easing faces a challenge from Japanese interest rates Read More »
TeraWulf began as a bitcoin miner, running warehouses of specialized computers to earn newly issued coins, a company whose margins tightened after last year’s halving cut mining rewards in half. Like several of its peers, it has pointed to its power capacity and places to host AI computing instead, where a single tenant on a
Bitcoin Miner TeraWulf Hovering On $19 Billion AI Data Center Lease With Anthropic Read More »
U.S. spot bitcoin ETFs pulled in $265.69 million on Monday, the biggest daily inflow in over a month and the second in three sessions after July 2 broke a long streak of outflows, according to SoSoValue data. Ether ETFs added $20.66 million on the day, led by BlackRock’s ETHA at $23.29 million. BlackRock’s IBIT absorbed
Bitcoin and ether ETFs drew inflows on Monday Read More »
