The $40,000 put option became one of the largest positions in the Bitcoin market ahead of its February 27 expiration, underscoring the strong demand for downside protection following a sharp sell-off. Options are derivative products that give their holders the right, but not the obligation, to buy or sell bitcoins at a predetermined price before […]
Bitcoin is on pace to record its fifth consecutive weekly loss, which would mark the first such streak since March to May 2022, when Bitcoin fell for nine consecutive weeks. As of Thursday Asian time, the largest cryptocurrency by market capitalization was already down about 3% for the week, below $67,000, according to CoinDesk market
BTC on track for fifth weekly decline, first since 2022, geopolitical risks rise Read More »
Coinbase Expands Its Cryptocurrency-Backed Lending Product in the US to Include XRP, DOGE$0.09708Cardano’s ADA and LTC$53.27expanding access to a service it billed as a way for customers to unlock liquidity without selling their holdings. The product allows users to post cryptocurrencies as collateral and borrow up to $100,000 in USDC stablecoin from Circle. Loans are
Holders of tokens linked to Dogecoin and Ripple are now eligible for US loans Read More »
Bitcoin trading remained volatile on Thursday, rising to around $67,000 after briefly falling to near $65,900, as traders weighed a new message from U.S. President Donald Trump saying the country’s trade deficit had been reduced by 78% thanks to tariffs and could turn positive later this year. “The U.S. trade deficit has been reduced by
BTC surges to $67,000 as Trump claims US deficit cut by 78% Read More »
Bitwise Asset Management wants to offer market prediction for the upcoming US presidential election via exchange-traded funds (ETFs). Branded as “Prediction Shares,” the San Francisco-based crypto asset manager on Tuesday filed with the Securities and Exchange Commission (SEC) a list of two ETFs tracking prediction markets betting on the outcome of the 2028 election –
Bitwise Wants to List Prediction Market ETFs for 2026 and 2028 US Elections Read More »
WLFI, the token linked to Trump-affiliated World Liberty Financial, rose about 10% after a $3.5 trillion asset manager said it would test the company’s $1 stablecoin as a settlement rail for tokenized funds. WLFI’s rise during the morning in Asia was greater than that of Bitcoin or Ether, which were both down 0.5%, according to
WLFI jumps 10% after Apex stablecoin deal, outperforming BTC and ETH Read More »
PALM BEACH, Fla. — Goldman Sachs CEO David Solomon said he owns “very little, but a few” bitcoins, although he continues to track the asset closely as part of a broader interest in how technology is reshaping finance. “I’m an observer of bitcoin,” Solomon said Wednesday at the World Liberty Forum, saying he’s still trying
David Solomon of Goldman Sachs says he owns “very little” Bitcoin Read More »
Bitcoin BTC$66,801.75 can’t seem to pick a direction, swinging wildly in the early hours of Wednesday’s US session with dips quickly bought and bounces erased just as quickly. Losing its overnight surge above $68,500, BTC fell below $67,000 in early US trading. Buyers quickly stepped in, causing a sharp rebound to $68,300, but the rebound
BTC holds in a tight range, but COIN, CRCL, IREN and RIOT enjoy gains Read More »
PALM BEACH, Fla. — Apex Group, a global financial services provider overseeing more than $3.5 trillion in assets, has partnered with WLFI$0.1192the crypto firm affiliated with U.S. President Donald Trump, to pilot the use of a stablecoin in traditional fund operations, the companies announced at the World Liberty Forum at Mar-a-Lago on Wednesday. The collaboration
Apex Group to test Trump-affiliated WLFI stablecoin for tokenized funds Read More »
Kresus Labs raises $13 million from Hanwha Investment & Securities
Kresus Labs raises $13 million from Hanwha Investment & Securities Read More »
