BlackRock’s flagship Bitcoin ETF is experiencing its largest redemption cycle since its launch, with more than $2.7 billion withdrawn over the past five weeks as institutional flows continue to ease through the end of the year. The iShares Bitcoin Trust (IBIT), which grew into a $71 billion vehicle during Bitcoin’s run to record highs, has […]
Faces Record Flow Outflow as BTC Struggles to Reclaim Uptrend Read More »
By Francisco Rodrigues (All times ET unless otherwise noted) Bitcoin is hovering around $91,300 after falling more than 2.2% in 24 hours, a better performance than the broader crypto market’s 3.2% decline as measured by the CoinDesk 20 Index (CD20). The backdrop is messy. The record U.S. government shutdown has delayed major jobs reports, even
Shifting to Long-Term Thinking: Crypto Daybook Americas Read More »
Strategy’s perpetual senior preferred stock (MSTR), STRF, has increasingly established itself as the company’s best-performing credit instrument since its launch in March. Trading at $110, STRF is up 36% since issuance and has rebounded 20% from its November 21 low of $92. This date also marked Bitcoin’s local low near $80,000, highlighting the strong correlation
STRF performed best during recent rebound Read More »
Monet Bank, a small Texas community bank owned by a billionaire political supporter of President Donald Trump, has moved into the crypto lender space, billing itself as an “infrastructure bank” focused on digital assets. “Monet strives to become the leading digital asset financial institution, providing innovative and forward-looking solutions for the digital economy,” according to
Small Texas Lender Monet Joins the Field of Crypto-Focused Banks Read More »
VTB Bank, Russia’s second-largest lender by assets, plans to begin offering spot cryptocurrency trading to qualified investors next year, becoming the first institution in the country to allow its clients to trade directly and on deliverables for major cryptocurrencies like bitcoin. BTC$89,351.62 and ether ETH$3,025.50according to Russian media RBU. The facility will be offered to
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 2903.22, down 1.5% (-45.1) since 4 p.m. ET on Thursday. One of the 20 assets is trading higher. Leaders: BCH (+0.5%) and ETH (-0.4%). Lagging behind: APT (-5.5%)
Index falls 1.5% as almost all constituents decline Read More »
Making up for Strategy’s (MSTR) sharp price decline, Cantor Fitzgerald’s Brett Knoblauch cut his 12-month price target for Strategy (MSTR) from $560 to $229, citing a weaker environment for raising bitcoin-related capital. BTC$89,120.84. The new target still suggests an upside of nearly 30% from the current price of $180, with Knoblauch retaining its overweight. Strategy
Michael Saylor (MSTR) Strategy Faces Headwinds, But Will Benefit from Bitcoin Rebound Read More »
A vast crypto-investment fraud network that stole and laundered more than €700 million ($815 million) has been dismantled following coordinated raids across Europe. The criminal group operated a multitude of fake crypto-trading platforms that promised high returns through slick marketing campaigns, Europol announced on Thursday. Victims, lured by “sophisticated” ads, were directed to call centers
European crypto scam network dismantled after $815 million laundered Read More »
Stablecoins have had their ups and downs, but it is clear that they are one of the biggest success stories in crypto so far. While Bitcoin may grab more headlines thanks to its constant ups and downs, stablecoins have become the main workhorse of the decentralized finance ecosystem, helping to move more than $275 trillion
The dollar is collapsing. Fiat-Backed Stablecoins Are Next Read More »
Crypto asset management firm CoinShares (CS) said the digital asset treasury (DAT) bubble has largely burst, with some companies that traded between 3 and 10 times their market net asset value (mNAV) in the summer of 2025 now back to around 1x or less, in a sharp reset for a trade that once valued tokenized
Has the DAT bubble already burst? CoinShares says in many ways, yes. Read More »
