The two largest bitcoin listed companies, Strategy ( MSTR ) and MARA Holdings ( MARA ), have each fallen about 40% over the past six weeks. CoinDesk Research has widely covered the MSTR correction, but MARA, down 55% year-over-year, is also attracting attention as some investors see it as cheap at current levels. Matthew Sigel, […]
MARA’s ‘discount’ is a myth once debt is included, warns VanEck’s Sigel Read More »
VTB Bank, Russia’s second-largest lender by assets, plans to start offering spot crypto trading to qualified investors next year, becoming the first institution in the country to offer clients direct, deliverable trading in major cryptocurrencies such as bitcoin BTC$90,348.05 and ether ETH$3,094.05according to the Russian media RBU. The facility will be offered to investors with
Russian banking giant VTB becomes country’s first to offer spot crypto trading: Report Read More »
The Blockchain Association has hired Uniswap Labs’ Lindsay Fraser to lead its policy operations as the crypto industry pushes for near-term action from the US Congress on a bill to establish the regulatory playing field for digital asset markets. Fraser, who worked on policy issues for Uniswap as the industry grappled with how decentralized finance
Uniswap’s Lindsay Fraser to run Policy Shop at Blockchain Association Read More »
Despite bitcoin’s recent sharp decline, Wall Street bank JPMorgan is sticking to its volatility-adjusted BTC-versus-gold model target, which points to a theoretical price near $170,000 over the next six to 12 months. The world’s largest cryptocurrency was trading around $91,200 at the time of publication. Strategy (MSTR) is a key driver of bitcoin BTC$90,860.13with markets
JPM is sticking to the $170,000 goal Read More »
By Francisco Rodrigues (all times ET unless otherwise noted) Bitcoin is hovering around $91,300 after falling more than 2.2% in 24 hours, a better performance than the broader crypto market’s 3.2% drop as measured by the CoinDesk 20 (CD20) index. The background is messy. A record-long US government shutdown has delayed key labor reports, although
Shift to Long-Term Thinking: Crypto Daybook Americas Read More »
BlackRock’s flagship Bitcoin ETF is seeing its heaviest redemption cycle since launch, with more than $2.7 billion withdrawn over the past five weeks as institutional flows continue to ease for year-end. The iShares Bitcoin Trust (IBIT), which ballooned into a $71 billion vehicle during Bitcoin’s run to record highs, has now recorded five straight weeks
Faces Record Outflow Run As BTC Struggles To Regain Bull Trend Read More »
Prediction market Polymarket is hiring an in-house market-making team that will deal directly with clients – a move that could blur the lines between a prediction market and a traditional sportsbook. The company has recently been talking to traders and sports bettors about building the new desk, according to Bloomberg, citing people familiar with the
Polymarket wants to be the house – Critics say it’s a problem Read More »
Kraken, the cryptocurrency exchange preparing to go public in the US early next year, has unveiled an invitation-only VIP program tailored for ultra-high-net-worth individuals, sophisticated traders and strategic capital allocators, the company said. Crypto exchanges are looking to fill the gap when it comes to providing high-touch services to wealthy individuals, family offices and private
Kraken Launches High-Touch VIP Program for Ultra High Net Worth Clients Read More »
Bitcoin price today: drops to $92k ahead of PCE inflation, potential Fed cut
Bitcoin price today: drops to $92k ahead of PCE inflation, potential Fed cut Read More »
Abu Dhabi-focused Solana infrastructure firm Solmate (SLMT) has signed a non-binding term sheet to acquire digital asset firm RockawayX in an all-stock deal that would create an institutional crypto group with more than $2 billion in assets and third-party stake. The combined company would fold RockawayX’s infrastructure, liquidity and asset management units into Solmate, which
Solmate buys RockawayX in one-stop deal to build $2bn Solana institutional giant Read More »
