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Crypto giant launches WTI trading, but it’s a different model than Hyperliquid

The war in Iran has set oil on fire and crypto exchanges are rushing to offer 24/7 trading to fill trading gaps, with most copying decentralized giant Hyperliquid’s perpetual futures game. Crypto market giant Wintermute is taking a different approach. On Tuesday, its derivatives unit, Wintermute Asia, launched over-the-counter (OTC) trading of contracts for difference […]

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Retail traders fare worse in prediction markets than in sports betting

Prediction markets are exciting, but they are not reliable wealth creators for retail users. Research by Citizens shows that retail prediction market users lose more money than legal sports bettors, with the sharpest traders and market makers capturing returns on the other side of their feed. The research note also reveals that the platforms attract

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Crypto-friendly fintech Revolut sees profits soar 57% to $2.3 billion in 2025

Crypto-friendly London-based fintech giant Revolut has announced record profits for 2025 as it expands into new markets. Pre-tax profit rose 57% year-on-year to $2.3 billion, while revenue climbed 46% to $6 billion, according to its annual report. The company recorded its fifth consecutive year of net profit, which stood at $1.7 billion for 2025, with

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The $75,000 Line in the Sand: What It Will Take for BTC Price to Go “Fully Bullish”: Crypto Daybook Americas

By Omkar Godbole (All times ET unless otherwise noted) Bitcoin BTC$70,733.98 and the broader crypto market is growing despite the geopolitical whiplash. While the resilience is impressive, a change in the uptrend requires a firm move above $75,000. On Monday, President Donald Trump announced a five-day delay in strikes against Iran, saying talks were underway.

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The BitGo and SIG Crypto team on accessing the prediction market

BitGo Prime (BTGO) and Susquehanna Crypto announced their partnership to provide institutional clients with over-the-counter (OTC) access to market prediction trades, using digital assets held on the BitGo platform as collateral. The offering targets hedge funds, family offices and high-net-worth investors, allowing them to enter into event-driven contracts without relying on retail platforms or converting

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Securitize (CEPT) partners with NYSE (ICE) on a new platform

The New York Stock Exchange (ICE) is partnering with tokenization specialist Securitize to help design the infrastructure behind trading tokenized securities, according to a press release shared Tuesday with CoinDesk. Securitize aims to go public this year via a SPAC deal with Cantor Equitize Partners (CEPT). CEPT shares are 6% higher premarket. ICE shares are

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ParaFi defies crypto market downturn with $125 million raise for new fund

ParaFi, a New York-based digital asset manager backed by KKR co-founder Henry Kravis, has raised $125 million for a new venture capital fund, Bloomberg reported. The money adds to the $325 million ParaFi said it has raised for existing crypto investment strategies since the start of 2025. The company now manages around $2 billion. Founder

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Wall Street broker Bernstein believes Bitcoin (BTC) has bottomed and is maintaining its year-end target at $150,000.

Bitcoin BTC$70,297.32 has likely bottomed and is poised for further gains, Wall Street brokerage Bernstein said in a note to clients on Tuesday, reiterating its $150,000 price target for the end of the year. “We believe that Bitcoin has found its bottom and is now heading higher,” wrote analysts led by Gautam Chhugani. The world’s

Wall Street broker Bernstein believes Bitcoin (BTC) has bottomed and is maintaining its year-end target at $150,000. Read More »

BlackRock sees AI as the next big use case for crypto, not the token boom

BlackRock’s head of digital assets Robbie Mitchnick has signaled a shift in how big investors view crypto, pointing to artificial intelligence (AI) as a more significant driver than the expansion of new tokens. Speaking about client behavior, Mitchnick described a market that has moved away from broad exposure to smaller assets. He said turnover among

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