In the evolving landscape of digital finance, Big Four consultancy EY has focused on what it sees as the next defining frontier: wallets. Wallets are quickly becoming the essential interface for the next era of financial services, not just tools for holding cryptocurrency, according to Mark Nichols, director at EY. “The portfolio is the strategy,” […]
EY Warns Firms They Must Own the Portfolio to Retain Clients Read More »
An ether ETH$2,048.66 The bull was caught tilting sharply higher this week as the cryptocurrency crashed, turning the whale’s bet into a multimillion-dollar horror story. That bull is Trend Research, a trading company led by Liquid Capital founder Jack Yi. The company has spent recent months building a $2 billion (long) bullish bet on ether
Ether crash leaves gaping $686 million hole in trading firm’s book Read More »
Bitcoin spot from BlackRock BTC$70,265.96 Exchange-traded funds have seen huge success since their launch, attracting billions of investors looking to gain exposure to cryptocurrency without the hassle of crypto wallets or exchanges. Traders and analysts religiously track inflows into the fund to assess institutions’ positioning in the market. They may now have to do the
How options on the BlackRock Bitcoin ETF may have worsened the crypto collapse Read More »
Thursday’s liquidation was one of the most brutal and devastating in the history of the crypto market: more than $2.6 billion was liquidated in the form of bitcoin. BTC$70,450.91 fell to $60,000, marking its lowest level since October 2024. This pullback made bitcoin the third most “oversold” in its history, according to the relative strength
Crypto market rebounds after BTC price falls to 2024 low: Crypto Markets Today Read More »
Simon Gerovich, CEO of Metaplanet (3350), doubled down on the company’s Bitcoin buying strategy even as shares of Asia’s largest publicly traded cryptocurrency holder fell. In an article published Friday on He thanked shareholders who continued to support the company despite bitcoin’s downward trend: The largest cryptocurrency has lost more than 47% of its value
Metaplanet Continues Bitcoin Buying Plans as Stocks Fall Read More »
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1944.26, up 6.7% (+121.31) since 4 p.m. ET on Thursday. All 20 assets are trading higher. Leaders: XRP (+20.1%) and HBAR (+13.1%). Lagging behind: AAVE (+1.9%) and BNB
Ripple (XRP) surges 20.1% as all assets trade higher Read More »
The latest results from IREN (IREN) offer a glimpse of a company in the midst of a transition, with the stock currently paying the price for that transition. Company Reported Lower Than Expected Revenue and Profit as Bitcoin BTC$65,998.81 mining has taken a back seat to its rapidly expanding AI cloud ambitions. Crushed by record
Wall Street remains divided after profit shortfall Read More »
Crypto markets add to overnight gains in US morning trading Friday, with bitcoin BTC$70,678.05 climbing above $68,000, up almost 17% since hitting $60,000 last night. Bitcoin is now up 2.5% in the last 24 hours. Ether ETH$2,058.00 is up 2.2% and solana GROUND$87.57 2%. XRP is outperforming XRP$1.4730which climbed to $1.50, now up 17% over
BTC Reclaims $70,000 as Michael Saylor Tackles the Threat of Quantum Computing Read More »
Bitwise argues that the crypto industry’s obsession with timing a market bottom overlooks a historical pattern where peak investor anxiety often signals the start of a rally. Having weathered the winters of 2018 and 2022, the crypto asset manager suggested that the current “feeling of anxiety” in the market is a leading indicator of historic
Crypto Bottoms As Fundamentals Deviate From Price, Says Bitwise Read More »
Chinese regulators have expanded their crackdown on crypto activities, imposing strict oversight of tokenization and the issuance of stablecoins in a notice published Friday. “Recently, under the influence of various factors, speculative activities related to virtual currencies and tokenization of real-world assets have occurred frequently, posing new challenges and new situations in risk prevention and
China extends crypto crackdown to stablecoins, asset tokenization Read More »
