Over the last few months, oil prices have collapsed below $60 a barrel alongside Bitcoin’s slide from $126,000 in October to around $89,000 today. So, does energy’s slide reflect weaker demand or an inflation break that could impact risk assets like Bitcoin going forward? Brent closed at $58.92 and WTI at $55.27, the lowest settlements
Tax season is approaching, and with only a sliver of 2025 left, investors must now revisit tax and accounting strategies that support their overall financial health. In December, a slight adjustment can mean significant benefits. With crypto investing continuing to gain traction among retail investors over the past few years, crypto tax reporting and accompanying
Wall Street broker Benchmark said bitcoin miner Hut 8 (HUT) is using last week’s River Bend announcement to cement a shift from a crypto-first power owner into an institutional-grade digital infrastructure platform. Analyst Mark Palmer said the structure, counterparties and cash-flow quality separate HUT’s deal from the wave of recent AI data center agreements. He
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2781.63, up 1.3% (+35.91) since last 4 p.m. ET on Friday. Twelve of 20 assets are trading higher. Leaders: UNI (+19.0%) and CRO (+2.5%). Laggards: AAVE (-16.2%) and BCH
Key Takeaways BlackRock transferred around $182 million in Bitcoin and $91 million in Ethereum to Coinbase Prime. The assets were deposited into Coinbase Prime’s institutional custody and trading platform. BlackRock sent 2,019 Bitcoin worth approximately $182 million and 29,928 Ethereum worth around $91 million to Coinbase Prime on Monday, according to blockchain data tracked by
Bitcoin BTC$90,016.95 has experienced its toughest fourth quarter since 2022, but a time-honored Wall Street pattern could soon bring relief to battered BTC bulls. That pattern is S&P 500’s tendency to chalk out a Santa rally – an upswing during the final five trading days of December and the first two of January. A repeat
Strategy (MSTR), the largest publicly traded holder of bitcoin, lifted its cash reserve by $747.8 million last week. The company’s “USD Reserve” — intended as a fund through which Strategy can pay the dividends on its preferred stock — now stands at roughly $2.2 billion. This latest capital raise came entirely via the sales of
Bitcoin BTC$90,016.95 rose from $88,000 in Asian hours to above $90,000 in European afternoon hours on Monday, but reasons for caution linger as U.S. markets take the baton. BTC has tended to find early support during Asia and Europe hours in recent weeks, only to fade once U.S. investors return to the market. That dynamic
In a move that sent ripples through the entire financial world, investment titan BlackRock has made a colossal BlackRock Bitcoin deposit to Coinbase Prime. The transfer of 1,200 BTC, valued at a staggering $108 million, alongside 10,000 ETH, marks a watershed moment for institutional cryptocurrency adoption. This isn’t just a large transaction; it’s a powerful
Gold Makes a Statement: A New All-Time High Above $4,400 $Gold has just surged to a new all-time high above $4,400, sending a clear signal across global markets. This move didn’t happen in isolation. It reflects growing demand for hard assets amid macro uncertainty, rising debt levels, and expectations of easier financial conditions ahead. XAU/USD