After declines of 90% or more at digital asset treasury firms Nakamoto (NAKA), Sharplink Gaming (SBET), and Strive (ASST), TD Cowen’s Lance Vitanza is spotting value. He argued that each could outperform exchange-traded spot crypto products if crypto prices recover and companies continue to expand their token holdings on a per-share basis. Nakamoto Holdings Vitanza […]
Crypto prices and US stocks rebounded on Thursday as concerns in the Middle East eased, but Circle (CRCL), Bullish (BLSH) and Coinbase (COIN) all saw significant declines. Circle fell 9.9% to $85.10 after Compass Point downgraded the stock from neutral to sell and cut its price target by $2 to $77. The brokerage said USDC
Circle (CRCL) and Bullish (BLSH) fail to participate in Thursday’s rally Read More »
Bitmine Immersion Technologies (BMNR) began trading on the New York Stock Exchange on Thursday, moving from the US NYSE as it expands its crypto-focused treasury strategy. The company coupled the hike with an increase in its stock repurchase program, raising the authorization to $4 billion from $1 billion. The buyout is among the largest announced
Bitmine Immersion (BMNR) Upgrades to NYSE, Raises Share Repurchase Program to $4 Billion Read More »
The U.S. Department of the Treasury is opening up cybersecurity information sharing to crypto companies to help them ward off attacks as the industry becomes an increasingly important arm of the financial system, according to a statement released Thursday. Eligible crypto businesses and organizations – a status not yet clearly defined in the announcement –
Prediction markets are growing steadily in the United States, but a wave of legal disputes and changing competition are beginning to reshape the industry, according to a new report from Bank of America. Total weekly volume increased 4% week-over-week, the report said, with Kalshi – a federally regulated exchange – leading the gains at 6%.
Kalshi now controls 89% of the US prediction market as regulated trading takes over Read More »
Potential buyers are considering acquiring parts of Gemini Space Station (GEMI), the crypto exchange backed by the billionaire Winklevoss twins, according to a person with direct knowledge of the matter. The New York-based company announced in February that it was reducing its global workforce by 25%, closing its operations in the United Kingdom, the European
Potential Buyers Circle Winklevoss-Backed Crypto Exchange Gemini (GEMI) Read More »
Securitize has named former U.S. Securities and Exchange Commission (SEC) official Brett Redfearn as president and member of its board of directors, adding his regulatory experience as the company prepares to go public this year. Redfearn, who previously led the SEC’s Trading and Markets division, will work with Securitize’s management team to expand its offerings
Stablecoins are poised to become a fundamental part of global finance, with adjusted transaction volumes expected to reach $719 trillion by 2035, according to a new report released Wednesday by blockchain research firm Chainalysis. The growth, driven by adoption of organic products alone, signals a structural shift in how value flows across borders and in
Stablecoins Could Reach $719 Trillion As Crypto Adoption Accelerates Read More »
What appeared to be a tough day in crypto markets turned positive after Israeli Prime Minister Benjamin Netanyahu said he had asked his cabinet to begin negotiations with Lebanon as soon as possible. This came after NBC News reported that President Trump had asked Netanyahu to reduce bombing in Lebanon because it threatened the ceasefire
BTC reverses its first loss, surpasses $72,000 thanks to Middle East hopes Read More »
In today’s newsletter, CoinDesk’s Joshua de Vos analyzes the performance of cryptocurrencies in the first quarter, highlighting the shifts in institutional demand and new regulatory clarity paving the way for the second quarter. -Sarah Morton Q1 2026 Digital Asset Review Digital assets closed the first quarter of 2026 under significant pressure, extending a slowdown that
Q1 2026 Digital Asset Review Read More »
