Blockfills, the crypto lender backed by trading giant Susquehanna, suffered losses of about $75 million during the recent market downturn, according to two people with knowledge of the matter. Blockfills is now looking for a buyer, said one of the people, who spoke on condition of anonymity because the matter is private. When asked about […]
Susquehanna-backed Blockfills seeks sale after millions in loan losses Read More »
Further progress has been made, but no compromise deal has yet been reached after a meeting hosted by the White House on Thursday to once again bring crypto insiders and bankers to the table on U.S. digital asset legislation, according to a post on social media site X by attendee Paul Grewal, Coinbase’s chief legal
Eric Trump Doubled His $1 Million Price Prediction for Bitcoin BTC$66,593.31 and said he had never been more optimistic during the World Financial Forum held at Mar-a-Lago. President Donald Trump’s youngest son doubled down on his long-term optimism for bitcoin, calling it “one of the best-performing asset classes” of the last decade in an interview
Eric Trump reiterates that Bitcoin (BTC) is only starting to reach $1 million. Read More »
A research paper from the US Federal Reserve praised the usefulness of prediction markets – particularly as it relates to Kalshi – for gaining real-time insight into economic policy. “Kalshi’s forecast for the federal funds rate and [the U.S. Consumer Price Index] provide statistically significant improvements over federal funds futures and professional forecasters, while providing
US Federal Reserve researchers tout predictive markets Read More »
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, offered a blunt view of digital assets, arguing that cryptocurrencies, including bitcoin BTC$66,343.94 and stable coins, have not yet proven their real usefulness. Speaking on Thursday at the 2026 Midwest Economic Outlook Summit in Fargo, North Dakota, he compared the everyday usefulness of artificial intelligence
Fed’s Kashkari Says Crypto Is ‘Completely Useless’ Read More »
In today’s newsletter, Nassim Alexandre from RockawayX introduces us to crypto vaults, what they are, how they work and risk assessment. Next, Renzo Protocol’s Lucas Kozinski answers questions about decentralized finance in Ask an Expert. -Sarah Morton Understanding Vaults: What Happens Beyond Yield Capital flowing into crypto vaults exceeded $6 billion last year, and projections
what happens beyond performance Read More »
Bloomberg Intelligence’s Mike McGlone appeared to backtrack on his $10,000 forecast for Bitcoin, pointing to $28,000 instead after being challenged on social media and accused of being an alarmist whose “absurd” predictions endanger real capital. Earlier this week, McGlone warned that the collapse in crypto prices could signal broader financial stress and that bitcoin could
McGlone Moves Bitcoin Forecast to $28,000 After Critics Call $10,000 Call ‘Nonsense’ Read More »
Bitdeer Technologies (BTDR) shares plunged Thursday following a plan to raise $300 million through a private sale of convertible senior notes, alongside a separate registered direct offering of Class A shares. The notes, maturing in 2032, can be converted into cash, shares or a mixture of the two, at Bitdeer’s option. The underwriter’s green shoe
Bitcoin Miner Falls 17% Following Rising Debt, Stock Selloff Read More »
Bitcoin’s 14-day relative strength index (RSI) fell below 30 for only the third time in its history this month, according to checkonchain. The RSI is a popular tool for detecting an asset’s momentum by measuring the speed and magnitude of recent price movements and comparing average gains and losses over a defined 14-day period. The
Why Bitcoin’s Rare Oversold RSI Crash Signals a Long, Slow Work Ahead Read More »
By Jacob Joseph (All times ET unless otherwise noted) Even though the CoinDesk 20 Index (CD20) has changed little since midnight UTC, cryptocurrency markets remain under pressure. All but one member dropped out, and the outlier, Bitcoin BTC$66,343.44is less than 0.1% in the green. The index lost 2% in 24 hours and Bitcoin spot exchange-traded
