Bridgewater Associates founder Ray Dalio who has said in the past that he owns Bitcoin BTC$92,123.27gave a clearer figure, saying it has been around 1% of its portfolio for some time. However, the hedge fund tycoon said bitcoin still faced significant structural challenges before it could realistically be considered a global reserve asset. “I own […]
Bridgewater Founder Ray Dalio Says He Holds About 1% of BTC Wealth Read More »
HBAR slipped to $0.1373, decisively breaking its established support of $0.145 after failing to hold its consolidation range. The token’s late session sell-off confirmed the move from a neutral structure to a clearly bearish setup as price action deteriorated into the close. Liquidity has fractured sharply over the past hour, including a brief trading halt
HBAR plunges 3% below support as crypto market plunges Read More »
Fidelity Digital Assets said the Fusaka upgrade of the Ethereum blockchain marks a decisive shift towards a more strategically aligned and economically coherent roadmap. Fusaka, a mix of the names Fulu and Osaka, includes two simultaneous changes to Ethereum’s consensus and execution layers, and is expected to take place in December. For years, Ethereum’s development
Core Foundation, the creator of the yield token lstBTC, has obtained an injunction against Maple Finance for alleged breach of confidentiality related to their partnership in bringing the token to market. The Grand Court of the Cayman Islands has issued an injunction prohibiting Maple Finance from finalizing its own liquid staking token, syrupBTC, or trading
Core Foundation Obtains Injunction Against Maple Finance for Alleged Privacy Violation Read More »
Plume, the RWA-focused modular Layer 2 blockchain, announced on Wednesday that tokenization giant Securitize is set to expand its footprint in DeFi by deploying institutional-grade assets on Plume’s Nest staking protocol. The partnership, highlighting the growing convergence of traditional financial infrastructure and DeFi, will connect the tokenized funds of BlackRock and Morgan Stanley, backed by
Securitization leverages Plume to expand global reach of real assets Read More »
Cipher Mining (CIFR) announced a new 10-year HPC hosting agreement with Fluidstack that adds 56 MW of additional capacity at its Barber Lake site in Texas. The agreement secures approximately $830 million in contracted revenue over the initial term and extends Fluidstack’s lease to the 300 MW available at the site. With two optional five-year
Bitcoin Miner CIFR adds to gains made by Nvidia after new HPC deal Read More »
The labor market strengthened more than expected in September as the government resumed publishing official economic data following a deal to end the shutdown. Nonfarm payrolls increased by 119,000 in September, according to a Bureau of Labor Statistics report released Thursday morning. Economists had expected a gain of 50,000 while the August figure was 22,000.
Maintain overnight gain after strong jobs data Read More »
After NVIDIA (NVDA) topped its third-quarter earnings and issued a strong fourth-quarter outlook, artificial intelligence (AI) and high-performance computing (HPC)-related stocks surged in premarket trading. The beat on expectations helped ease recent market jitters caused by delays in U.S. jobs data, dwindling expectations for rate cuts and a 30% decline in bitcoin from its all-time
BTC miners are the biggest beneficiaries of NVIDIA’s stellar profits Read More »
By Omkar Godbole (All times ET unless otherwise noted) The crypto market remains volatile, with the CoinDesk 20 Index (CD20) little changed over 24 hours and bitcoin BTC$91,777.18 price consolidating above $90,000. Sounds boring, right? But this price action actually validates the oversold conditions signaled by the Relative Strength Index (RSI) on Tuesday, when BTC
Bitcoin BTC$92,123.27 the price has changed little over the past 24 hours despite a wave of selling pressure on several crypto exchanges. Lookonchain revealed that a long-term holder transferred a $228 million Bitcoin stack to Kraken, while Bitcoin miner MARA Holdings (MARA) transferred $58 million worth of BTC to Falcon X and Coinbase Prime. The
BTC price remains stable during a wave of selling pressure; Altcoin prices slide Read More »
