A proposed exchange-traded fund is built to chase Bitcoin’s price action while the U.S. market is shut on Wall Street. The product is named the Nicholas Bitcoin and Treasuries AfterDark ETF, according to a filing dated December 9 was sent to the Securities and Exchange Commission. The fund opens Bitcoin-linked trades “after the U.S. financial
Bitcoin price failed to continue higher above $94,000. BTC is now gaining bearish pace and might decline further below $89,500. Bitcoin started a downside correction from the $94,500 zone. The price is trading below $92,000 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $91,600
The cryptocurrency market is experiencing a significant shift in professional investor behavior as the Federal Reserve’s December meeting approaches. According to recent analysis from CryptoQuant, hedge funds are demonstrating clear risk-off tendencies through stalled CME futures open interest, flat whale holdings, and accelerating stablecoin inflows. These signals indicate that professional capital is preparing for potential
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin held its footing as Hong Kong began its business day, trading
The Bitcoin price faces a bearish reversal from the key resistance trendline of a falling channel pattern, signalling a potential downturn. The Federal Reserve approved a 25-basis-point rate reduction on December 10, setting the federal funds range at 3.5%–3.75%. On-chain data shows BTC whales have exited their long position and opened a fresh short position.
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More than half of wealthy Asian investors in a recent survey say they plan to increase their portfolio exposure to cryptocurrency over the next few years. Sygnum’s APAC HNWI Report 2025 found that 6 in 10 of the surveyed Asian high-net-worth individuals (HNWIs) are prepared to increase their crypto allocations based on a strong two-
Key Highlights ChainOpera has announced a collaboration with Princeton AI to launch the first benchmark for the cryptocurrency industry The project named ‘CryptoBench’ was developed with a machine learning expert, Professor Mengdi Wang, and PhD student Jiacheng Gu This benchmark will provide a better predictive accuracy of AI tools in a volatile market with better
The Federal Reserve slashed interest rates by 25 basis points on Wednesday to a target range of 3.5% to 3.75%. However, mixed comments from Federal Reserve Chair Jerome Powell will likely quell a Bitcoin price rally until the rate-cutting cycle resumes in 2026, analysts say. “In the near term, risks to inflation are tilted to
State Street and Galaxy Asset Management plan to launch a tokenized liquidity fund in early 2026 that uses stablecoins for around-the-clock investor flows, expanding the use of public blockchains in institutional cash management, the companies announced Wednesday. The State Street Galaxy Onchain Liquidity Sweep Fund, or SWEEP, will accept subscriptions and redemptions in PYUSD, a