Lantern Ventures, a London-based proprietary trading firm founded by former members of Sam Bankman-Fried’s Alameda Research, is winding down its funds after seven years in business, according to two people familiar with the project. The crypto investment firm is in the process of returning capital to investors and is closing its external funds, a person […]
By Francisco Rodrigues (All times ET unless otherwise noted) Bitcoin BTC$102,012.68 and other major cryptocurrencies fell over the past 24 hours, with the CoinDesk 20 Index (CD20) falling 2.17%, caught in the selloff that hit global markets this week. The broader pullback began with a selloff in tech-heavy stock indexes like the Nasdaq 100, down
Risk Assets Lose Their Appeal: Crypto Daybook Americas Read More »
U.S. exchange-traded funds (ETFs) saw inflows of $240 million on Thursday, marking the first day of positive flows since October 28, according to Farside data. No outflows were reported by any ETF provider, ending a streak of six consecutive days of outflows. The longest period of outflows since the ETFs’ launch remains eight consecutive trading
US BTC ETF flows turn positive after six days of outflows Read More »
The crypto market worsened a negative week with a continued decline on Friday. Bitcoin BTC$100 108.89 fell to $100,600 and ether ETH$3,239.55 stands at $3,270. The move appears to be in line with the broader crypto market trend of late, which has seen BTC lose 18% of its value over the past 30 days. The
Bitcoin (BTC) Defends $100,000 Price as Traders Flee Altcoins Read More »
Filecoin SON$2.2111 made one of the cryptocurrency’s most explosive moves in a 24-hour period, rising from $1.33 to $2.27 in a rally that established the token as an undisputed industry leader, according to CoinDesk Research’s technical analysis model. The 70% increase occurred over a total range of $0.95, with FIL demonstrating sustained momentum through three
Filecoin (FIL) soars 70% after surpassing $2 as DePIN sector rallies Read More »
IREN (IREN) reported record first-quarter profit as it expanded further into AI cloud computing and bitcoin revenue. BTC$102,012.68 mining boomed. Net profit for the period ended Sept. 30 was $384.6 million, reversing a loss of $51.7 million a year earlier, the company said on its website. Total revenue increased 355% to $240.3 million, with Bitcoin
Wall Street bank JPMorgan (JPM) called Robinhood’s (HOOD) third-quarter results strong but substandard, as weak crypto revenue and tax benefits dragged down much of the profit. The bank said the roughly 15% rise in earnings per share (EPS) was mainly due to a lower tax rate linked to stock-based compensation compared to the 52% rise
Robinhood (HOOD) Lack of Crypto Revenue Tempers Strong Quarter: JPMorgan Read More »
According to a new note from Flowdesk, Stream Finance’s recent disclosure of a $93 million default and loss, combined with the $20 billion crypto crash in October, has digital asset lenders scrambling to reduce risk while maintaining strong credit lines. Flowdesk says leverage declines as traders re-evaluate counterparties, but credit is not frozen. Borrowing demand
Market Maker Flowdesk Says Crypto Credit Strikes a Fragile Balance Read More »
Zcash ZEC$616.70 has returned to the top 20 largest crypto tokens by market capitalization, trading above $600 for the first time in nearly seven years. The privacy-focused token has gained more than 1,270% year over year, according to CoinGecko data, pushing its market cap to just under $10 billion. The rally coincides with a renewed
Enters top 20 cryptocurrencies and hits $600 for the first time since 2018 Read More »
Bitcoin hovered around $102,000 on Friday as crypto markets struggled to maintain a rebound, weighed down by renewed caution over global stocks and a stronger dollar. The total crypto market cap edged up 1% over the past 24 hours to $3.4 trillion, its first gain after four straight days of declines, although traders remain cautious
Bitcoin and Dogecoin retreat as AI assessments attract attention Read More »
