An in-depth insider trading investigation by Bubblemaps analysts reveals just how accurate bets on U.S. attacks on Iran were, revealing a trend that experts say poses immense risks to U.S. national security. In an interview with CoinDesk, Nicolas Vaiman, co-founder and CEO of Bubblemaps, expressed deep concern about the national security implications of this alleged […]
In today’s newsletter, Sarah Cummings of Morgan Stanley Investment Management provides insights and considerations when evaluating crypto exchange-traded funds. Next, in “Ask an Expert,” Ryan Tannahill of iA Private Wealth USA answers questions about borrowing against Bitcoin assets. Valuing Crypto ETPs in a Changing Market When evaluating exchange-traded funds (ETFs), investors typically focus on factors
Valuing Crypto ETPs in a Changing Market Read More »
Variational, a peer-to-peer on-chain derivatives trading protocol, said it has raised $50 million in a round led by global investment fund Dragonfy with participation from companies including Bain Capital Crypto and Coinbase Ventures. The money will be used to expand the Cayman Islands-based company’s derivatives trading services, it said in a statement released Thursday. This
Bitcoin’s long-term holder (LTH) supply is nearing all-time highs. Currently, 16.3 million BTC are held by this cohort, defined as investors who have held Bitcoin for at least 155 days. LTH supply has increased from 14.12 million BTC at the time bitcoin hit a record high of over $126,000 in October, to the current 16.3
Long-term BTC holder supply increases by over 2 million coins Read More »
Tokenized money market funds still represent only about 5% of the stablecoin universe despite their ability to generate yield, Wall Street bank JPMorgan said in a report published Wednesday. The bank said crypto market participants continue to favor stablecoins as they have become the ecosystem’s default treasury instrument for trading, collateral management, settlement, cross-border payments,
Stablecoins still dominate despite tokenized funds’ yield advantage: JPMorgan Read More »
Bitcoin BTC$77,640.65 options worth approximately $6.25 billion are set to expire on Deribit on May 29, with positioning data pointing to $75,000 and $80,000 as key levels to watch. The $75,000 strike price represents the highest concentration of puts with a notional value of $394 million, while $80,000 dominates on the call side with $532
Traders pile into Bitcoin (BTC) calls of $82,000 ahead of May 29 expiration Read More »
This is an excerpt from the CoinDesk “Daybook” newsletter. Register here, if you haven’t already. Bitcoin BTC$77,262.60ether (ETH), Yet there is still a bull market somewhere, and several crypto subsectors have seen impressive gains. Coins associated with derivative protocols, particularly those focused on perpetual futures such as HYPE and LIT, surged 40% or more. HYPE
The crypto market showed signs of a cautious recovery on Thursday, with bitcoin BTC$77,640.65 trading at $77,900, up from Tuesday’s low of $76,100, and ether (ETH) at $2,130 after adding just 0.1% since midnight UTC. The altcoin sector remains mixed. While Hyperliquid (HYPE) rose for a fifth straight day, adding 6.5% for a 53% gain
HYPE leads crypto rebound as traders position for volatility breakout Read More »
A massive XRP derivatives play is betting its price won’t go anywhere before the end of June, even as macroeconomic headwinds and regulatory developments suggest a boom in volatility. This move was broadcast on cryptocurrency exchange Deribit as a single block exchange, meaning it was a large transaction executed over-the-counter in a privately negotiated deal
Crypto tax evaders test ordinals but leave Bitcoin trail: Chainalysis report
Crypto tax evaders test ordinals but leave Bitcoin trail: Chainalysis report Read More »
