Bitcoin BTC$65,769.35 fell back toward last week’s lows, giving up almost all of its recent gains above $70,000 and resuming its fall alongside weakness in the broader tech sector, as the crypto now trades around $65,000. Bitcoin down 2% in the last 24 hours, with losses on ether ETH$1,923.63 and Solana GROUND$77.32 followed roughly. This […]
BTC falls back to $65,000 as software sector falls 3% Read More »
Coinbase (COIN) missed fourth-quarter profit forecasts on Thursday, thanks to weaker trading activity and falling crypto asset prices. The US-based crypto exchange recorded total revenue of $1.78 billion, compared to an estimated $1.83 billion. Adjusted EPS of $0.66 was well below the consensus of $0.86. Total transaction revenue of $983 million was lower than forecasts
Coinbase misses Q4 estimates as trading revenue falls below $1 billion Read More »
As institutional adoption of digital assets matures, a new business model is emerging: treating ether not just as an investment, but as productive financial infrastructure. This change comes in a context of strong downward market volatility. SharpLink Gaming (SBET) — which saw its stock soar last May after adopting an ether ETH$1,918.46 treasury strategy –
SBET leaders urge to look beyond recent price developments Read More »
Fairshake, the campaign finance arm of the crypto industry, has begun rolling out its campaign strategies as part of its well-funded effort to pack Congress with lawmakers willing to pass pro-digital asset policy, and Democratic Rep. Al Green is the first lawmaker on its blacklist. An affiliate of the Fairshake political action committee, which has
Aave Labs has introduced a new governance proposal that would shape the next chapter of one of the largest crypto lending platforms and return all revenue from Aave-branded products to its community treasury. The proposal, called “Aave Will Win,” asks the Aave DAO to approve a broader strategy built around its upcoming V4 upgrade. If
Aave Labs offers the “Aave Will Win” plan to send 100% of product revenue to DAO Read More »
One way or another, the US crypto industry is likely to receive an official policy defining which digital assets receive what treatment from which federal agencies. The problem: it might not last. Securities and Exchange Commission Chairman Paul Atkins is working to reverse the “head in the sand” approach he accuses his predecessors of taking
Key Senate Democrat Wants US Crypto Bill to Pass, SEC Chief Reveals Risk of Defeat Read More »
New York — Bitcoin BTC$65,998.73 is not just a hedge against inflation, according to Cathie Wood, CEO of ARK Invest, but against something more disruptive: deflation driven by technological acceleration. In a conversation with Anthony Pompliano during Bitcoin Investor Week in New York, Wood argued that traditional financial systems are unprepared for an upcoming “productivity
BTC Poised to Prosper with AI and Other Innovations, Says Cathie Wood Read More »
In today’s newsletter, Joshua De Vos, Head of Research at CoinDesk, summarizes his latest crypto ETF report covering U.S. adoption, the speed at which it is occurring, and the concentration of assets. In Continue Reading, we link to the US and Global ETF reports for those who want to dig deeper. -Sarah Morton Digital Asset
Digital Asset Exchange Traded Product Landscape: Past, Present and Future Read More »
Investment bank Standard Chartered has lowered its near-term and full-year price forecasts for major cryptocurrencies, citing continued downside risk due to outflows from exchange-traded funds (ETFs) and a challenging macroeconomic backdrop that is pressuring the market. The bank is now waiting for Bitcoin BTC$67,549.09 fall to around $50,000 in the coming months, with ether ETH$1,963.18
Pakistan didn’t wake up one morning and decide it liked crypto, the chairman of the country’s Virtual Assets Regulatory Authority (PVARA) has said. The country was in the unusual position of having one of the largest crypto markets on the planet, but no safeguards at all, PVARA Chairman Bilal Bin Saqib told Consensus Hong Kong
Pakistan’s Bilal Bin Saqib says crypto is a necessity, not a luxury Read More »
