Digital asset treasury companies will eventually consolidate under a few larger players as the cycle matures and companies try to attract investors, according to Coinbase’s head of investment research, David Duong. Speaking to Cointelegraph, Duong said outside of strategies to boost share prices, “companies may start to pursue mergers and acquisitions, much like the recent
While a recent wave of corporate digital asset treasuries is starting to show signs of a bubble, the long-term outlook is positive, according to TON Strategy CEO Veronika Kapustina. “I think, look, obviously, it looks like it’s a bubble. As in, all the indicators look like it’s a bubble,” Kapustina told Cointelegraph during the Token2049
Following the budget crisis in the USA, the budget bill failed to receive approval and the US government officially shut down after 7 years. At this point, due to the impact of the lockdown, many employees will be put on unpaid leave and the publication of key economic indicators such as employment and Gross Domestic
Elon Musk officially became the first person in history to hit a $500 billion net worth on Wednesday, beating out every other billionaire alive. The number was confirmed at 3:30 p.m. Eastern by Forbes’ Real-Time Billionaires tracker, making Elon $150 billion richer than Oracle co-founder Larry Ellison, who now sits in second place after temporarily
Prediction markets made a significant appearance in the spotlight in September, with monthly volume more than doubling to $4.28 billion, while memecoin trading on Solana cooled. The question now circling crypto’s risk-taking corners is whether these markets are becoming the new trenches for degens hunting edge and adrenaline. Prediction markets rise Across the prediction market
Bitcoin (BTC) was trading at $117,00 as of press time, up 3.3% over the past 24 hours, driven by a weakening US dollar amid a government shutdown. Unsettled investors are inclined toward a more dovish rate path, which led BTC to reclaim $114,000 and continue climbing as an “instability hedge” bid that often appears when
Following the government shutdown in the US, gold and Bitcoin (BTC) are facing off again as investors seek a safe haven. Analyst Frank Cappelleri, while evaluating the current picture, stated that gold has entered the overbought region even though it exhibits a strong trend technically, while Bitcoin is preparing the ground for a new rise.
ARK Invest CEO and Chief Investment Officer (CIO) Cathie Wood made remarkable statements on many topics, from global markets to US inflation, from the cryptocurrency industry to initial public offerings (IPOs), during the Bloomberg ETF IQ program on Bloomberg TV. Answering questions from Katie Greifeld, Eric Balchunas, and Scarlet Fu, Wood painted an optimistic picture
After a recent beta, OVERTAKE has flipped the switch on its official marketplace, and this time it’s leaning hard on Sui and a dash of AI to make buying and selling in-game items actually pleasant. The pitch is simple: take the messy parts of Web2 trading (high fees, slow or restricted settlements, clunky payment flows)