Traders balked on Bitcoin ($BTC) at $65,000 on Monday as crypto and risk-assets remained under pressure. Key points: Bitcoin staged several unsuccessful attempts to break and hold $65,000. US stocks face pressure from both the Iran war and an ongoing institutional tech sell-off. Bitcoin traders stay positive on the odds of $BTC/USD heading closer to
Blockchain technology is often criticized for helping criminals move money. However, the same permanent transaction records are increasingly helping authorities trace suspicious funds and identify those responsible. This shift is particularly visible in South Korea, where prosecutors are using digital trails to strengthen investigations and preserve evidence. According to local media reports, the Ministry of
Analysts at Bernstein have raised their price target on Robinhood Markets, based on their investment thesis that the online brokerage’s next phase of growth will be driven by tokenized equities and prediction markets rather than traditional crypto trading. In a Monday research note, Bernstein raised its price target on Robinhood (HOOD) stock to $160 from
Bitcoin miner IREN’s shares rose around 15.7% on Monday after the company raised its year-end AI cloud annualized run-rate revenue target to more than $4 billion following $2.8 billion in new multi-year cloud services contracts with AI developers. The company said about 85% of its revised annualized AI cloud revenue target is now under contract,
RWA-focused blockchain project Plume has announced its participation as an ecosystem partner in a tokenization initiative for Japanese stock market listed-equity investment strategies. The project is led by SBI Global Asset Management, a subsidiary of major Japanese financial conglomerate SBI. Japan’s $7.8 Trillion Market Moves On-Chain Plume shared the news via its official X account,
Bitcoin Treasury Capital (BTCB), a Sweden-listed company, has introduced Europe’s first Bitcoin-backed preferred stock, trading under the ticker symbol PREF on the Spotlight Stock Market. The security offers a 10% annual dividend, with monthly payouts, marking a significant step in the integration of digital assets with traditional equity markets. What Is a $BTC-Backed Preferred Stock?
TD Cowen has reduced its price target for Smarter Web Company (SWC), a London Stock Exchange-listed firm pursuing a strategic Bitcoin accumulation strategy, to 0.64 pound from the previous 1 pound, while maintaining a Buy rating. The revision, reported by The Block, reflects a combination of factors including adjustments to the investment bank’s Bitcoin price
A Hong Kong dollar stablecoin backed by a Standard Chartered-led venture could begin trading as early as July 31, 2026, offering the crypto market a regulated digital currency pegged to something other than the US dollar. The Hong Kong Economic Journal reported that HKDAP is expected to launch before the end of July. The timing
Crypto News A former Goldman Sachs credit investor argues that Strategy’s STRC preferred stock is undervalued by roughly 13%, worth near $96 against a market price of about $85. Khing Oei, who spent 25 years valuing risky debt at Goldman and hedge funds, published a model that treats STRC like a bond rather than a