Business

Microsoft (MSFT) deal boosts IREN’s AI ambitions, says Canaccord

Broker Canaccord Genuity said IREN’s (IREN) new graphics processing unit (GPU) cloud deal with Microsoft (MSFT) marks a turning point for bitcoin. BTC$105,923.28 minor, pushing it firmly into the AI ​​infrastructure space. The brokerage reiterated its buy rating on the shares and raised its price target from $42 to $70, citing the five-year, $9.7 billion

Microsoft (MSFT) deal boosts IREN’s AI ambitions, says Canaccord Read More »

What’s next for ETH, XRP, ADA and SOL as Trump brandishes $2,000 ‘tariff dividend’

Bitcoin and major cryptocurrencies extended gains Monday as traders digested U.S. President Donald Trump’s latest economic proposal of a $2,000 “tariff dividend” for every American, funded by import duties. The plan, revealed on Truth Social, stimulated risk appetite even as some questioned its feasibility and potential inflationary fallout. “A dividend of at least $2,000 per

What’s next for ETH, XRP, ADA and SOL as Trump brandishes $2,000 ‘tariff dividend’ Read More »

Trump brings back the DOGE and SHIB Rally vibes of the 2021 era

Dogecoin rose 5.2% to $0.1811 on Tuesday as institutional buying accelerated past the key resistance level of $0.1800. The move comes amid stronger risk sentiment following comments by US President Donald Trump over the weekend calling tariff supporters “fools” while pledging to use tariff proceeds to fund $2,000 dividends for Americans – remarks that spurred

Trump brings back the DOGE and SHIB Rally vibes of the 2021 era Read More »

Zcash Privacy Meets Solana DeFi with Zenrock Wrapped ZEC Crossing $15M in Volume

Zcash wrapped by Zenrock, unified custody layer ZEC$665.59 The token, known as zenZEC, has seen a total trading volume of around $15 million since its debut on the Solana blockchain on October 31. While this number undoubtedly pales in comparison to the blockbuster crypto tokens that routinely trade in the billions, it signals something more

Zcash Privacy Meets Solana DeFi with Zenrock Wrapped ZEC Crossing $15M in Volume Read More »

BTC ETF Outflows Hit $1.2 Billion Even as Wall Street Deepens Crypto Bets

Bitcoin BTC$106,187.48 Exchange-traded funds (ETFs) just experienced their third-largest weekly outflow on record, even as Wall Street deepens its crypto bets. More than $1.2 billion was withdrawn from spot Bitcoin funds last week, joined by $508 million from Ethereum products, while Solana ETFs attracted $137 million in new money, according to data kept by SoSoValue.

BTC ETF Outflows Hit $1.2 Billion Even as Wall Street Deepens Crypto Bets Read More »

Bitcoin Rebounds as Polymarket Traders Bet US Shutdown Will End in Days

Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed look at US markets, check out CoinDesk’s Crypto Daybook Americas. BTC and ETH rallied overnight as traders bet the

Bitcoin Rebounds as Polymarket Traders Bet US Shutdown Will End in Days Read More »

Wall Street is convinced by crypto’s upside potential, but not its technology

Wall Street’s appetite for cryptocurrencies is stronger than ever. BlackRock’s Bitcoin ETF has broken inflow records. Fidelity and VanEck followed suit with new spot products. Even Nasdaq has hinted at expanding its digital asset trading infrastructure. Yet despite all this momentum, almost none of this actually happens on-chain. Institutions now treat crypto as a legitimate

Wall Street is convinced by crypto’s upside potential, but not its technology Read More »

Scroll to Top