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The recovery rally from the beginning of the year stops: Crypto Daybook Americas

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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 […]

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MSTR Perpetual Preferred STRC Returns to $100, Allowing Share Issuance to Buy More BTC

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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.

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Lloyds Banking Group completes first UK gilt purchase using token deposits

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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.

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Barclays invests in stablecoin settlement company Ubyx as tokenized infrastructure grows

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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

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Crypto traders can now take leveraged bets on silver via Binance Futures

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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

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Hedge fund Karatage hires IMC veteran Shane O’Callaghan as senior associate

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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,

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Bitcoin miners continue AI demand as Nvidia says Rubin is already in production

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Nvidia CEO Jensen Huang said the company’s next-generation Vera Rubin platform is already in “full production,” revealing new details at CES in Las Vegas about the hardware that he says can deliver five times the artificial intelligence of Nvidia’s previous systems. Rubin is expected to arrive later this year and is aimed squarely at the

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