CleanSpark (CLSK) stock fell more than 9.4% Tuesday in pre-market trading after U.S. bitcoin. BTC$80,614.94 The mining company reported a widening net loss of $378.3 million for its fiscal second quarter, hit by a significant non-cash adjustment to its digital asset holdings. The company reported a net loss of $378.3 million for the quarter ending […]
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2196.49, down 1.6% (-36.49) since 4 p.m. ET on Monday. Three out of 20 assets are trading higher. Leaders: CRO (+1.9%) and BNB (+0.2%). Lagging behind: SUI (-4.9%)
SUI falls 4.9%, leading index down Read More »
Payward, the parent company of crypto exchange Kraken, is working with asset manager Franklin Templeton to expand the use of tokenized financial products for institutional investors. The companies announced Tuesday that they will develop a range of blockchain-based investment offerings, including tokenized yield products, tokenized stocks and custody services linked to digital assets. The move
Kraken parent Payward and Franklin Templeton plan on-chain investment products Read More »
Blockchain analytics firm Elliptic said it has raised $120 million in new funding from investors including Nasdaq Ventures and Deutsche Bank, as financial institutions increase spending on crypto compliance and security infrastructure. The fundraising, led by growth equity firm One Peak, values the London-based company at $610 million, according to a press release issued Tuesday.
Crypto analytics firm Elliptic secures $120M as AI reshapes blockchain compliance Read More »
JPMorgan (JPM) is preparing to launch a tokenized money market fund, the latest sign that major financial institutions and Wall Street asset managers are accelerating efforts to move traditional assets onto the blockchain rails. A filing Tuesday with the U.S. Securities and Exchange Commission (SEC) outlines plans for a blockchain-based money market fund, investing exclusively
JPMorgan (JPM) to launch new tokenized fund as Wall Street tokenization race heats up Read More »
Retail giant eBay has rejected video game retailer GameStop’s ambitious $56 billion takeover offer, leaving the latter to decide whether to withdraw, increase its offer or fight directly with shareholders. EBay’s board on Tuesday called the half-cash, half-stock offer “neither credible nor attractive,” according to Reuters, citing doubts over financing and arguing that the company
EBay rejects GameStop’s $56 billion bid as bitcoin exposure returns to focus Read More »
Rachel Conlan, chief marketing officer (CMO) at Binance, the world’s largest cryptocurrency exchange, said she will leave the company next month after three years of helping build the brand. Éowyn Chen, former CEO of Trust Wallet, will serve as interim CMO, a Binance spokesperson said via email. “Serving as CMO of Binance has been the
Binance CMO Rachel Conlan leaves crypto exchange Read More »
Cryptoquant’s bitcoin bull-bear cycle indicator turned green for the first time since 2023, which could signal that “market structure is starting to recover,” Julio Moreno, the company’s on-chain market analyst, said Wednesday. “Historically, this has been an important signal for regime change,” Moreno wrote. “When the indicator leaves the bearish territory and enters the first
Powerful crypto indicator just turned green as Bitcoin tests $82,000 Read More »
Arc, Canton and Tempo, three blockchains focused on stablecoins and tokenization, have raised more than $1 billion in total, highlighting growing institutional demand for privacy-focused crypto infrastructure, according to Bitwise CIO Matt Hougan. Stablecoin issuer Circle (CRCL) recently raised $222 million at a $3 billion valuation for Arc, while Digital Asset reportedly raised $300 million
Privacy Emerging as Crypto’s Next ‘Best App’, Bitwise CIO Matt Hougan Says Read More »
Bitcoin Suisse Grows with Approval of Digital Asset License and Investment Business Act Registration in Bermuda
