Business

Inside the raging data dispute over whether a sanctioned Russian crypto-token is actually working to avoid Western blocks

“We really don’t believe there is large-scale, authentic use of A7A5 outside of A7,” Keegan said in an email, referring to the token’s issuer. He added that transaction volume routinely collapses on weekends because much of the activity appears to be tied to business-to-business transfers involving the Russian-linked exchange Grinex. Meanwhile, Tom Robinson, co-founder of […]

Inside the raging data dispute over whether a sanctioned Russian crypto-token is actually working to avoid Western blocks Read More »

Bitcoin, ether traders aren’t fully buying the rejection, options markets show: Crypto Daily

With bitcoin BTC$62 011.07 and the broader crypto market showing signs of life, the defensive positioning in the market has eased, not disappeared, a sign of continued caution. This is evident in the BTC and ether (ETH) options markets listed on Deribit, where put options, derivative contracts that offer protection against price declines, continue to

Bitcoin, ether traders aren’t fully buying the rejection, options markets show: Crypto Daily Read More »

Bitcoin whales buy $16.7 billion of BTC in two weeks, even as ETFs bleed record $4 billion

Major bitcoin holders bought more than 270,000 bitcoin BTC$61,885.14 ($16.7 billion) over the past two weeks, stepping in as US institutions pulled out money at a record pace. U.S. spot bitcoin exchange-traded funds (ETFs) lost $4.06 billion in June, their worst month since IPOs, surpassing the previous record of $3.56 billion set in February 2025.

Bitcoin whales buy $16.7 billion of BTC in two weeks, even as ETFs bleed record $4 billion Read More »

Donald Trump says there is ‘nothing wrong’ with his $1.4 billion crypto windfall

President Donald Trump said there is ‘nothing wrong’ with the money his family has made in crypto, in response to financial disclosures that showed he earned at least $1.4 billion from the industry last year. Asked in a CNBC interview Thursday at the White House if he knew about the ventures, Trump said: “I could

Donald Trump says there is ‘nothing wrong’ with his $1.4 billion crypto windfall Read More »

Crypto Prices Stage Weekly Rally, But Bears Still Have Structural Advantage: Crypto Markets Today

The crypto market ends the week in a healthier position than where it started, with bitcoin BTC$61,979.22 trading at $61,600 after rising 6.5% from Tuesday’s near two-year low of $57,750. Still, the biggest cryptocurrency’s gains on Friday were muted from Thursday’s 2.6% advance, which benefited from weak US jobs data that dampened expectations of a

Crypto Prices Stage Weekly Rally, But Bears Still Have Structural Advantage: Crypto Markets Today Read More »

Bitcoin (BTC) price jumps as memory, semiconductor stock trading begins to cool

In recent days there have been signs of a reassessment. The Roundhill Memory ETF is down about 25% from its June 22 high, while the VanEck Semiconductor ETF is down 12%. Bitcoin, which fell below $58,000 on July 1, is once again trading above $61,000. AI-related selling pressure accelerated Wednesday after Bloomberg reported that Meta

Bitcoin (BTC) price jumps as memory, semiconductor stock trading begins to cool Read More »

Tokenization can make financing faster, but also more prone to sudden shocks, the IMF warns

There are other benefits as well. Tokenization enables different forms of digital money, such as tokenized bank deposits, fiat-pegged stablecoins, and tokenized central bank reserves to function seamlessly as settlement assets on the same ledger. It also enables the rapid deployment of high-quality assets across platforms such as security. But all this is not without

Tokenization can make financing faster, but also more prone to sudden shocks, the IMF warns Read More »

Ether, solana extend gains as short squeeze lifts bitcoin to $62,000

Ether and solana led crypto higher on Friday as pressure from bearish traders pushed bitcoin towards $62,000, capping the market’s first really strong week since mid-June. Bitcoin was trading around $61,360, up 2.5% over seven days, as of CoinDesk data. Ether rose 4.2% in 24 hours to around $1,702 and is up 9.7% on the

Ether, solana extend gains as short squeeze lifts bitcoin to $62,000 Read More »

Finally. $221 million flows into Bitcoin ETFs, ending painful 10-day outflow streak

The US-listed bitcoin BTC$61,642.78 ETFs pulled in $221.7 million on Thursday, their biggest inflow in two months, according to SoSoValue. Fidelity’s FBTC led the charge with a big inflow of $165.96 million, followed by ARKB at $91.84 million and HODL at $4.35 million. BlackRock’s IBIT, the world’s largest Bitcoin ETF, was the outlier with an

Finally. $221 million flows into Bitcoin ETFs, ending painful 10-day outflow streak Read More »

Scroll to Top