Locus Founder settles payments in USDC, a dollar-pegged stablecoin, directly into a non-depot wallet controlled by the agent, without a bank account or days of settlement. The agent earns, holds and spends money in real time – and the infrastructure is built so that humans can audit and control exactly what they do with that […]
This AI builds a business, runs it and settles payments in USDC Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1829.21, down 0.7% (-12.13) since 4 PM ET Monday. Six out of 20 assets are trading higher. Leaders: UNI (+12.9%) and XLM (+2.7%). Lagging: ADA (-3.4%) and NEAR (-2.5%).
Uniswap (UNI) is up 12.9%, while the index is trading lower Read More »
The new fund offering comes as bitcoin struggles to break out of a bear market, trading around $67,000, down about 23% year-to-date. IBIT, which debuted in January 2024, has amassed nearly $49 billion in assets, making it the largest spot bitcoin ETF on the market. However, the fund has seen significant outflows since the start
BlackRock launches bitcoin income fund as investors seek cash flow from crypto Read More »
In BITA’s case, if bitcoin rises, the ETF benefits from its IBIT holdings, but gains are limited by having to cash out on the calls. If BTC holds steady or declines, the call writing premium offsets some of the decline. In effect, investors are giving up potential gains for a more stable income stream. “By
Bitcoins BTC$66,534.70 dip below $60,000 earlier this month spurred investors to pile into the largest cryptocurrency, with nearly 260,000 BTC bought over 10 days and a measure of demand rising to the highest possible level. Investors have bought a net 259,298 BTC since June 5, paying between $59,000 and $67,000, according to Glassnode UTXO Realized
Glassnode data shows aggressive bitcoin buying between $59,000 and $67,000 Read More »
Oil prices fell further on Tuesday, extending declines spurred by the United States and Iran’s announcement on Sunday that they had reached a tentative agreement to end their war. Stocks were mixed after strong rallies the day before. Oil prices have risen about 14 percent since Iran effectively closed the Strait of Hormuz in retaliation
Oil prices continue to fall as traders assess the US-Iran deal Read More »
Interest rate hikes are typically bearish for risk assets like cryptocurrencies, especially from the BOJ, whose long era of ultra-low interest rates had supported the global equity and bond bull markets. The positive crypto reaction likely stemmed from a key element of the announcement: the BOJ’s decision to pause its bond adjustment. As InvestingLive noted,
Bitcoin rises after Bank of Japan raises interest rates to highest level in 31 years Read More »
XRP finally broke through the $1.20 level that had capped rallies for weeks, but buyers could not keep control of the move. After climbing as much as 10% and briefly trading near $1.25, the token ran into profit-taking that pushed it away from session highs, again putting the focus on whether the breakout can last
XRP gives back gains after 10% rally as traders take profits near $1.25 Read More »
Bitcoin Holds Above $66k on Focus on US-Iran Peace, Fed Meeting
Bitcoin Holds Above $66k on Focus on US-Iran Peace, Fed Meeting Read More »
U.S. spot bitcoin ETFs lost a net $64 million on Monday, even as spot ETFs for ether, XRP, Solana and Hyperliquid all pulled in fresh money. On the surface it looks like a clean rotation out of bitcoin and into everything else. The Ether funds got $22.5 million, the Hyperliquid funds $17.2 million, and the
Bitcoin ETFs were hemorrhaging cash on Monday, while every other crypto ETF gained Read More »
