Business

Why Bitcoin’s Recent Rise to $80,000 May Be Just a Temporary Liquidity Squeeze

Business / Leave a Comment

Bitcoin’s on-chain metrics are giving off their most constructive signals since early February, but underlying seller behavior and derivatives positioning suggest the path to new highs won’t be easy, Bitfinex shared in an analyst note to CoinDesk on Thursday. Long-term holders, whose bitcoin holdings have increased 300% since late 2025 to nearly 4 million tokens, […]

Why Bitcoin’s Recent Rise to $80,000 May Be Just a Temporary Liquidity Squeeze Read More »

Senate Banking Committee Holds Key Hearing on Market Structure Bill

Business / Leave a Comment

The Senate Banking Committee is holding its markup hearing for the Digital Assets Market Clarity Act – more commonly known as the Clarity Act – on Thursday, launching a key process for the long-awaited Market Structure bill. During Thursday’s hearing, the committee’s 24 senators will debate and vote on dozens of proposed amendments to the

Senate Banking Committee Holds Key Hearing on Market Structure Bill Read More »

Coinbase (COIN) Supports Hyperliquid Stablecoin (HYPE) Surge as DeFi Trading Volumes Rise

Business / Leave a Comment

Coinbase (COIN) is expanding its presence on Hyperliquid (HYPE), one of the fastest-growing crypto trading networks, by becoming the official USDC cash deployer on the blockchain, the companies announced Thursday. The move gives Coinbase a central role in managing USDC liquidity on Hyperliquide through the network’s Aligned Quote Asset, or AQA, framework. The system connects

Coinbase (COIN) Supports Hyperliquid Stablecoin (HYPE) Surge as DeFi Trading Volumes Rise Read More »

Strive Launches First Daily Dividend Stock on US Markets

Business / Leave a Comment

Strive (ASST) said its preferred shares will begin paying cash dividends every business day starting June 16, a first in the history of U.S.-listed securities. CEO Matthew Cole called the daily dividend structure a “zero-for-one innovation,” positioning SATA as a cash yield instrument designed to compete with and improve on traditional money market alternatives. “SATA

Strive Launches First Daily Dividend Stock on US Markets Read More »

Bullish misses Q1 revenue estimates as transaction revenue declines

Business / Leave a Comment

Bullish (BLSH), the crypto platform and parent company of CoinDesk, reported first-quarter adjusted revenue below analyst expectations as weak digital asset trading activity earlier in the year weighed on profits. The company reported adjusted revenue of $92.8 million, compared to FactSet analyst estimates of $94.9 million. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA)

Bullish misses Q1 revenue estimates as transaction revenue declines Read More »

Moody’s assigns AAA rating to tokenized money market funds from Fidelity and BlackRock

Business / Leave a Comment

Moody’s has assigned its highest credit rating to tokenized money market funds from Fidelity and BlackRock, validating their safety as yield-generating on-chain products. The AAA-mf rating demonstrates an extremely strong ability to guarantee high liquidity and capital preservation as well as the lowest possible level of risk. Fidelity’s FILQ fund debuted on May 6. The

Moody’s assigns AAA rating to tokenized money market funds from Fidelity and BlackRock Read More »

Why has the price of Bitcoin fallen? BTC at $79,000 as Xi warns Trump over Taiwan conflict

Business / Leave a Comment

Bitcoin’s $80,000 bottom has cracked under back-to-back inflationary shocks, and Xi Jinping’s warning to Taiwan has further dampened expectations of a recovery. BTC was trading at $79,200 during Asian hours on Thursday, down 2.3% over 24 hours and 2.2% over seven days, after falling below the $80,000 level that had served as a floor for

Why has the price of Bitcoin fallen? BTC at $79,000 as Xi warns Trump over Taiwan conflict Read More »

Did Claude just “crack” a Bitcoin wallet? AI tool helps find 5 BTC stuck for years

Business / Leave a Comment

A viral X post claims that Claude “cracked” a forgotten Bitcoin wallet to recover 5 BTC from a user’s computer. But don’t get caught up in the hype, because that’s not what happened. Anthropic’s AI simply helped the owner search their own computer for an old wallet file, which was then decrypted with a password

Did Claude just “crack” a Bitcoin wallet? AI tool helps find 5 BTC stuck for years Read More »

Scroll to Top