Bitcoin BTC$64,258.82 pushed back above $64,000 in early US trading on Tuesday, following a broader rebound in risk assets after several sessions of turbulence. Recently trading at $64,200, bitcoin was still down 0.75% over the past 24 hours, but well above the morning’s low of $62,500. Ether (ETH) and solana (SOL) also reduced their significant […]
BTC pares significant initial losses and climbs back above $64,000 Read More »
It may be a “crypto winter,” but it’s a “stable summer” as digital dollar adoption booms, payments giant Stripe said in its annual letter Tuesday. Bridge, the stablecoin orchestration platform acquired by Stripe in 2024, saw transaction volume more than quadruple last year, according to the letter. The company also announced that it would “soon”
Stripe Says Stablecoin Adoption Soars Despite “Crypto Winter” Read More »
Unshaken by the fall of Bitcoin BTC$63,304.16 and price action even worse for Bitcoin treasury companies, Adam Back, CEO of Bitcoin Standard Treasury Company (BSTR), said shareholder approval for a public listing could come as soon as April. The public listing would come via a SPAC merger with Brandon Lutnick’s Cantor Equity Partners I (CEPO).
Adam Back’s SPAC merger with Cantor Equity Partners could happen as soon as April Read More »
Crypto exchange Kraken is launching what it calls the first regulated perpetual futures contracts based on tokenized stocks, the company told CoinDesk. The products, available to eligible non-US users in more than 110 countries, track digital versions of major US stocks, indices and a gold ETF, building on xStocks’ tokenized stock offering that Kraken acquired
Kraken offers 24/7 crypto-style perpetual trading for tokenized US stocks Read More »
Binance, the world’s largest cryptocurrency exchange by trading volume, is returning to offering tokenized stocks nearly five years after abandoning a similar product under regulatory pressure. The exchange has partnered with tokenization specialist Ondo Finance to list 10 tokenized US stocks, ETFs and commodity-related products on the Binance Alpha platform, the companies announced in a
Crypto exchange giant Binance relaunches tokenized stock trading with Ondo Finance Read More »
Bitcoin exhibits classic bottom formation characteristics across multiple indicators, trading at levels that historically precede significant rallies, according to prominent onchain analyst James Check. However, time – not price – will likely be the most important test for Bitcoin bulls. “All mean reversion patterns, from technical to onchain, are trading in the lowest formation levels,
BTC is near a price floor, but bulls will need to be patient Read More »
Shares of Cipher Digital (CIFR) fell about 5% in premarket trading after the company reported fourth-quarter results that fell short of Wall Street expectations and highlighted its move away from bitcoin. BTC$63,036.25 mining and towards high performance computing (HPC) data centers. The company, formerly known as Cipher Mining, reported fourth-quarter revenue of $60 million, below
By Omkar Godbole (All times ET unless otherwise noted) While Bitcoin BTC$63,267.23 and other major tokens remain under pressure, an AI-generated memecoin on the Solana blockchain shines. Pippin (PIPPIN), which started as a ChatGPT-generated image of a unicorn and evolved into an autonomous AI agent that interacts on social media platforms, has surged 135% over
Bitcoin BTC$63,205.72 fell for a fourth straight day to around $63,100, its lowest since $60,200 on February 6, according to CoinDesk data. The latest downward trend coincides with investors’ risk aversion in global markets. US stocks lost ground this week and the dollar index (DXY) rose 0.5% since Asian hours on Monday. BTC is down
Decentralized finance (DeFi) wallet tracker Step Finance has announced that it will cease operations with immediate effect. The Solana-based platform was hacked in late January, which resulted in the theft of 261,854 SOL, worth approximately $27 million at the time. Step said it was unable to achieve a viable outcome following the hack after “exploring
Step Finance closes operations after $27 million hack in January Read More »
