Babylon Labs has raised $15 million in funding from crypto a16z to support the development and scaling of Babylon Trustless BTCVaults, an infrastructure system designed to enable native Bitcoin to be used as collateral in on-chain financial applications, the company said in a blog post on Wednesday. The platform’s BABY token increased by 13% after […]
Babylon Labs raises $15 million for Trustless BTCVaults Read More »
By Omkar Godbole (All times ET unless otherwise noted) Main cryptocurrencies, including bitcoin BTC$92,055.22, XRP$2.2502 and Solana GROUND$137.80have lost more than 1.5% in the last 24 hours. All 16 CoinDesk Sector Indices are in the red, led by the DeFi Select Index with a 3.6% decline.16 CoinDesk Sector Indices are in the red, led by
The recovery rally from the beginning of the year stops: Crypto Daybook Americas Read More »
Stretch (STRC), the perpetual preferred stock issued by Strategy (MSTR), the largest Bitcoin holding company BTC$91,982.03reclaimed $100 in the pre-market for the first time since early November, opening the door for sales to fund more BTC purchases. STRC last traded at this level between November 4 and 13, before falling to a low near $90.
MSTR Perpetual Preferred STRC Returns to $100, Allowing Share Issuance to Buy More BTC Read More »
Bitcoin BTC$92,143.32 and the broader crypto market succumbed to a wave of selling pressure during the Asian session, causing a decline to around $91,530 at 10:00 UTC, from a local high of around $93,750 at midnight. The selloff followed a failed attempt to surpass $94,500 on Tuesday, the third in the last five weeks. The
Asian session sell-off drives bitcoin, altcoins lower Read More »
British lender Lloyds Banking Group is claiming bragging rights for having made the UK’s first purchase of gilts using tokenized deposits, or blockchain representations of bank deposits in fiat currency. Lloyds, the country’s third-largest bank by market capitalization, said it tapped crypto trading platform Archax and the privacy-focused Canton Network to buy the government debt.
Lloyds Banking Group completes first UK gilt purchase using token deposits Read More »
Barclays, the UK’s second-largest bank by market capitalisation, said it had invested in Ubyx, a US startup developing clearing systems for tokenized forms of money such as bank deposits and regulated stablecoins. The investment, terms of which were not disclosed, demonstrates growing interest from traditional banks in laying the foundation for blockchain-based payments that remain
Barclays invests in stablecoin settlement company Ubyx as tokenized infrastructure grows Read More »
Binance Futures, the derivatives arm of the world’s largest cryptocurrency exchange by trading volume, will launch silver perpetual contracts on Wednesday, allowing crypto traders to place leveraged bets on 2025’s hottest precious metal. Perpetual futures, or “perps,” are derivative instruments that allow traders to bet on the price of an asset without owning it and
Crypto traders can now take leveraged bets on silver via Binance Futures Read More »
Karatage, a leading London-based proprietary hedge fund specializing in digital assets and emerging technologies, has appointed Shane O’Callaghan as Senior Partner and Head of Institutional Strategy. O’Callaghan joins from Dutch market maker IMC Trading, where he was employed as global head of institutional partnerships and digital asset sales for the last year. Before joining IMC,
Hedge fund Karatage hires IMC veteran Shane O’Callaghan as senior associate Read More »
Bitcoin BTC$92,565.70 Traders may want to add the Japanese yen (JPY) to their list of associated markets, beyond the dollar index, as the connection between the cryptocurrency and the yen has reached an all-time high over the past 90 days. The 90-day correlation coefficient between BTC and Pepperstone’s JPY Index rose to 0.86, the highest
BTC and Japanese Yen move together like never before Read More »
Bitcoin Price Today: Down to $92.7K as Geopolitics, Macroeconomic Risks Block Recovery
Bitcoin Price Today: Down to $92.7K as Geopolitics, Macroeconomic Risks Block Recovery Read More »
