Business – Page 347 – PK Press Club

Crypto Market Drowning in Red as Bitcoin Falls to $68,000, XRP and ETH Slip Over 5%

Crypto markets are in deep red on Monday, with sector leader Bitcoin sliding lower ahead of a busy week of economic data. At press time, Bitcoin BTC$68,477.67 traded near $68,200, down almost 3% over 24 hours, with XRP XRP$1.4748ether ETH$1,968.18, DOGE$0.1025 recording much greater losses. Losses affected 85 of the top 100 tokens by market […]

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Wall Street giant Apollo follows BlackRock into DeFi push with Morpho token deal

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Apollo Global Management (APO) is moving deeper into crypto and closing a deal that could make the $938 billion asset manager a major token holder in a decentralized lending platform. The company signed a cooperation agreement with Association Morpho, the French non-profit organization behind the Morpho protocol, which allows Apollo and its subsidiaries to purchase

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Hong Kong tries to tighten its crypto regulations: State of Crypto

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The Hong Kong Consensus ended on a high note as policymakers announced new initiatives aimed at growing the digital assets sector. You’re reading State of Crypto, a CoinDesk newsletter that examines the intersection of cryptocurrency and government. Click here to subscribe to future editions. The story Policymakers at Consensus Hong Kong have announced a series

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Founders admit blockchain transparency is the only defense

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Prediction markets are increasingly being presented not as gaming platforms but as vehicles to monetize information, although the founders acknowledged that the line may blur depending on user intent during the Hong Kong 2026 Consensus. Ding X, founder of Predict.fun, argued that prediction markets are more like insurance underwriting or poker than roulette. “It’s more

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BlackRock’s head of digital assets warns that volatility risks from leverage undermine bitcoin’s institutional narrative

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NEW YORK — While BlackRock’s iShares Bitcoin ETF (IBIT) is among the most successful product launches in Wall Street history, the crypto market’s growing reliance on leverage could harm bitcoin in the long term. BTC$70,413.42 institutional appeal, according to Robert Mitchnick, head of digital assets at BlackRock. In a conversation with Anthony Pompliano and investor

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XRP Investors Likely Bought the Dip After Recent Crash

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XRP, cryptocurrency focused on payments XRP$1.5383 rises faster than Bitcoin BTC$69,027.01 and ether ETH$2,011.26 after investors searched for bargains following the crash earlier this month. The price of XRP has risen 38% to $1.55 since hitting a low of $1.12 on February 6, according to CoinDesk data. Prices jumped more than 5% in the last

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Wall Street remains bullish on Bitcoin (BTC) price while offshore traders retreat

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A Divergence in Global Bitcoin BTC$70,242.45 Market sentiment is broadening as U.S. institutional investors hold steady while offshore traders exit their positions. The gap is most evident in the futures markets. CME, the go-to platform for hedge funds and institutional desks in the United States, shows that traders are still paying a premium to go

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Sui leaders say institutional demand has never been higher

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Institutional interest in crypto is accelerating even as markets fluctuate, according to Sui executives at the Hong Kong Consensus 2026. Stephen Mackintosh, chief investment officer of Sui Group Holdings, called 2025 a “historic year for institutional adoption,” highlighting the rise of digital asset treasury (DAT) vehicles and the success of spot bitcoin ETFs. “After the

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