Ark Invest added another $18 million worth of crypto-adjacent stocks to its holdings on Thursday, including a $2 million purchase of shares in cryptocurrency exchange Bullish (BLSH). The St. Petersburg, Florida-based company also purchased $12 million worth of crypto-friendly trading platform Robinhood (HOOD) and $4 million worth of ether. ETH$1,958.40 treasury company Bitmine Immersion Technologies […]
The CEO of Praetorian Group International (PGI) has been sentenced to 20 years in prison in the United States for running a global Ponzi scheme that falsely claimed to invest in bitcoin and foreign exchange trading. Ramil Ventura Palafox, 61, promised daily returns of up to 3 percent, deceiving more than 90,000 investors and draining
Bitcoin BTC$66,560.23 The long-term rally is “broken” and will remain that way until the price climbs above $85,000, said Jean-David Péquignot, trading director at derivatives exchange Deribit. The largest cryptocurrency stabilized in the $60,000 to $70,000 range last week, about 45% below the all-time high reached in October. It is on track to fall for
BTC’s Long-Term Rally Is ‘Paused’ Until Price Reclaims $85,000, Says Deribit Executive Read More »
Wall Street analysts at companies including JPMorgan (JPM) and Cannacord lowered their price targets for Coinbase (COIN) shares after the largest publicly traded crypto exchange missed fourth-quarter earnings estimates. JPMorgan said weak crypto prices and trading activity were weighing on volumes and fees. The bank maintained its overweight on the crypto exchange, but reduced the
HONG KONG — Crypto finds new niche as payment tool of choice for machines, Bitcoin BTC$66,560.23 not yet at rock bottom, US regulatory changes and the role of prediction markets were some of the topics discussed at CoinDesk’s Consensus conference in Hong Kong this week. “As AI agents become capable of making and executing decisions
Hong Kong 2026 Consensus Summary Read More »
Your daily overview for February 12, 2026
Crypto Bulls Ignore “Extreme Fear” to Push Bitcoin Higher Read More »
HONG KONG — CoinDesk concluded the Hong Kong Consensus on Thursday with more than 11,000 participants visiting booths and stages. While the first day focused on institutional projects and the professional investor audience, the second day focused on developers. Representatives from the Bitcoin, Ethereum, and Solana communities all spoke about the challenge of scaling their
developers, scaling, PitchFest, Hackathon 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 1943.37, up 1.3% (+25.4) since 4 p.m. ET on Wednesday. Seventeen of the 20 assets are trading higher. Leaders: HBAR (+6.7%) and XLM (+4.2%). Lagging behind: UNI (-1.9%)
Hedera (HBAR) rises 6.7%, main index up Read More »
Nearly every major company in the world is experimenting with artificial intelligence, but almost none are changing significantly, McKinsey Greater China President Joe Ngai told Consensus Hong Kong on Thursday. Internal surveys show that 98% of business leaders say they are implementing some form of AI, Ngai said. But when asked how much is deployed
The traditional four-year crypto cycle, long linked to Bitcoin BTC$66,489.23 halving events could be a thing of the past. Han Lin, founder and CEO of Gate and an early advocate of Bitcoin, told CoinDesk on Thursday that the digital asset market has become a global macroeconomic pillar that now moves in step with U.S. stocks
Gate CEO Lin Han Says Banks Have Lost “Existential” War Against Stablecoins Read More »
