Business

Gemini fires COO, CFO and Chief Legal Officer after international exit and 25% staff reduction

Gemini Space Station Inc. (GEMI) is parting ways with three top executives, including its chief operating officer (COO), chief financial officer (CFO) and chief legal officer (CLO), the exchange revealed in a filing Tuesday. COO Marshall Beard, CFO Dan Chen and CLO Tyler Meade are all leaving effective immediately, according to the filing. Beard also

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Bitcoin Cash (BCH) falls 2.2% and the flagship index is down

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 1979.83, down 0.3% (-5.15) since 4 p.m. ET on Monday. Thirteen of the 20 assets are trading higher. Leaders: APT (+1.6%) and AAVE (+1.5%). Lagging behind: BCH (-2.2%)

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Italian banking giant Intesa Sanapolo discloses nearly $100 million in Bitcoin ETF assets, along with a hedging strategy

Italian banking giant Intesa Sanpaolo has disclosed $96 million in Bitcoin ETF holdings and a substantial options position linked to strategy stocks, as well as a smaller crypto-related exposure. In a 13F filing for the quarter ending December 2025, the bank lists five Bitcoin ETF spot positions, including $72.6 million in the ARK 21Shares Bitcoin

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Proposal to improve Bitcoin to block spam draws heat from heavyweights

By Omkar Godbole (All times ET unless otherwise noted) A new Bitcoin improvement proposal, BIP-110, which aims to reduce spam-like data that clutters the blockchain, is facing backlash from some industry leaders who say it risks doing more damage to the network’s reputation than the spam itself. BIP-110 is a “soft fork,” a type of

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Crypto Slides as Tech Stocks and Gold Pull Back; Bitcoin-Nasdaq correlation turns positive

The crypto market continued to show weakness Tuesday morning, largely following a selloff in U.S. tech stocks and a correction in precious metals prices. Bitcoin is trading at $68,000, down 1.25% since midnight UTC, while Nasdaq and gold futures have lost 0.55% and 2.4%, respectively, over the same period. Altcoins also lost ground as popular

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Bitcoin remains under pressure near $68,000 even as panic ebbs

Bitcoin BTC$68,153.35 is struggling to create bullish momentum, even as the key panic indicator retreats from its high earlier this month and hints at renewed stability. Bitcoin’s 30-day implied volatility, the fear or panic gauge that reflects investors’ expectations for 4-week price swings, fell to 52% annualized, according to data source Volmex. The decline reversed

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