Fund managers are warming back up to digital assets, with Bitcoin continuing to dominate allocation preferences even as broader crypto sentiment improves, according to a new survey by CoinShares. The April survey gathered responses from 26 institutional investors overseeing a combined $1.3 trillion in assets under management. Allocations to digital assets remain relatively modest, at
In brief AI tools like Anthropic’s Claude Mythos Preview are dramatically lowering the bar for cyberattacks, enabling even unskilled actors to exploit vulnerabilities across major systems. A single breach could cascade across interconnected financial institutions, elevating cyber risk to a macro-financial threat. The IMF urges policymakers to treat cybersecurity as a core financial stability issue,
Block (NYSE: SQ) gave Wall Street a messy first-quarter report. The payments company beat adjusted profit expectations and lifted its 2026 gross profit forecast, but it also reported a $308.7 million net loss for common stockholders. The Jack Dorsey-led company now expects $12.33 billion in full-year gross profit for 2026. Its old forecast was $12.20
Coinbase (COIN) shares fell about 4% in after-hours trading Thursday after the crypto platform reported weaker-than-expected first-quarter results as falling crypto prices weighed on trading activity, one of the company’s main sources of revenue. The company posted a loss of $1.49 per share, compared with analyst expectations for a 27-cent profit. Revenue came in at
For years, Germany has been one of the most crypto-friendly countries for long-term investors. Hold Bitcoin for over a year, and profits are completely tax-free. Now that advantage may be under threat. Finance Minister Lars Klingbeil recently announced that crypto taxation would be revised as part of the 2027 federal budget. While the details are
Cleveland Fed President Beth Hammack, among other Fed officials, gave cautious messages regarding expectations of interest rate cuts. Hammack stated that the Fed’s current policy stance remains the baseline scenario for the long term, and that the statements in the latest meeting minutes, interpreted by markets as suggesting “the next step could be an interest
CoreWeave will present Q1 results after the markets close on Thursday. The company expects 100% revenue growth, but increasing net losses due to aggressive capital expenditures. CoreWeave prepares to report with a positive outlook, and its Q1 results may serve as a signal for the AI narrative. CRWV stocks are expected to trade with increased
As many as 20 financial institutions and large tech companies are in a queue to issue their own stablecoins with Anchorage Digital, the U.S.-regulated cryptocurrency custody firm’s CEO Nathan McCauley said at Consensus Miami 2026 on Thursday. “Since the Genius Act passed, Anchorage has won every single large stablecoin issuance mandate across the landscape,” McCauley
Bitcoin and Ethereum traded lower on Thursday as Consensus Miami 2026 entered its final session, with the broader crypto market giving back some of this week’s gains even as US equities pushed to fresh record highs. $BTC is changing hands at $80,268, down 1.5% over the past 24 hours but still up 5.2% on the
In today’s newsletter, Andy Baehr from GSR examines how, beneath the stalled market, advisors are quietly building durable crypto allocations, moving beyond $BTC and gaining more comfort in this asset class. Then, in “Ask an Expert,” Patrick Velleman of Valdora offers commentary on how financial advisors can navigate the growing trend of durable crypto allocations.