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BTC left adrift as hot money chases other assets

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The crypto sector remains deeply out of favor, not only from a price perspective, but also in terms of investor sentiment. Capital flows and market attention have increasingly shifted to other high-growth sectors, most recently semiconductors and memory-related stocks, which have effectively replaced crypto as the market’s dominant dynamic trade. This analysis compares the performance […]

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Bit Digital (BTBT) bought ether for the first time since October before a 15% drop

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Ethereum treasury company Bit Digital (BTBT) has made its first purchase of ether (ETH) since the crypto market peaked in October, but it is already underwater on its acquisition as crypto prices retreat again. The company said it purchased approximately 8,568 ether (ETH) for $20 million on May 11, at an average price of $2,334

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Grayscale IPO Delayed as Crypto Firms Reevaluate Public Market Plans

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Asset management giant Grayscale is the latest crypto company to delay its IPO plans due to market conditions, according to a person with knowledge of the matter. The Stamford-based investment firm has suspended its IPO preparations and is unlikely to resume the process until the fourth quarter at the earliest, said the person, who spoke

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Disciplined AI agents are the disruptor needed to break the churn pattern of exchanges

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In a matter of weeks, Anthropic unveiled new agents for finance, Circle launched nanopayments, MoonPay launched an agent debit card, and Gemini launched agent trading, signaling that the fight against agent finance is here. Even though the products are new, the underlying business model remains the same. Every exchange and brokerage platform earns more when

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Blockchain Lottery Plans to Use Crypto Gaming Fees to Fund Ethereum Development

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Leading Ethereum developers could soon benefit from a new source of funding: a blockchain lottery. Decentralized lottery protocol Megapot announced on Thursday that it is partnering with Protocol Guild, an independent funding collective for Ethereum protocol contributors, to introduce what they describe as the crypto industry’s first programmable charitable lottery. Under the deal, users can

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Calamos Bets Protected Bitcoin ETFs Can Survive Crypto Market Fluctuations

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Latest developments: Calamos says its hedged Bitcoin ETFs are attracting inflows even as spot Bitcoin ETFs are seeing redemptions. Matt Kaufman, head of ETFs at Calamos, said the firm has seen inflows of about $10 million to $15 million in recent weeks. Kaufman said advisors are increasingly seeking exposure to Bitcoin that reduces volatility and

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Tether’s US-focused stablecoin grows 500% in a month, but lags behind Circle, Ripple and Paypal

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U.S.-focused stablecoin giant Tether’s digital dollar token USAT (USAT) grew more than six-fold month-over-month in April, but it still lags far behind its rivals. According to the latest reserve report signed by Deloitte and released on Thursday, the circulating supply of the token reached $140.8 million as of April 30, up from $22 million in

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Crypto trading firm FalconX confidentially files for IPO with SEC, hires bankers

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Crypto trading firm FalconX has confidentially filed a proposed S-1 registration statement with the Securities and Exchange Commission (SEC), the first step toward a possible public listing, according to a person with knowledge of the matter. FalconX hired Wall Street heavyweight Cantor and other bankers to advise on its initial public offering (IPO), said the

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