Miami Beach, FL — “The market is the market… it’s not crypto and traditional anymore,” said Dave LaValle, President of CoinDesk Indices and Data, on a panel at Consensus Miami Tuesday, capturing a shift echoed across issuers and asset managers. As traditional finance firms pour in, Douglas Yones of Direxion argued that institutional participation is
Tushar Jain, managing partner of cryptocurrency investment firm Multicoin Capital, announced that the company has established a significant position in Zcash ($ZEC) assets. Jain stated that they have been accumulating $ZEC since February and are evaluating this asset within the framework of a strategic investment thesis. In his statement, Jain said that Zcash represents a
Prediction markets are beginning to develop an algorithmic trading layer similar to traditional electronic markets. A new startup, Elastics, is building tools aimed at accelerating that shift. Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!) Elastics, founded by former Goldman Sachs professional Szymon Pawica, has raised $2 million in
Dubai-based Global Millennial Capital closes a $100M IPO Opportunities Fund to back overlooked AI and DeFi mid-cap tech names one to three years before exit. According to the PR Newswire announcement, Global Millennial Capital has completed a final close of $100 million for its IPO Opportunities Fund, which will focus on pre-IPO and pre-exit allocations
According to OpenTrade, stablecoins have evolved into essential, everyday tools that protect purchasing power, facilitate, secure, and instant remittances, and provide a digital safe-haven for savings in Latin America. The firm explained that, amid continued financial instability and inflationary pressures, the assets have become a preferred method for everyday and cross-border transactions. At the moment,
Bitcoin pushed higher Tuesday, climbing to $81,500 to its strongest level since January as the latest leg of the rally spread beyond major tokens into tokenization-focused plays. The largest cryptocurrency rose another 2% over the past 24 hours and is now up more than 35% from its early February lows. Ether (ETH), $XRP ($XRP) and
The global financial landscape is currently navigating a complex web of challenges. With ongoing geopolitical tensions in the Middle East and stubborn inflation casting a shadow over traditional markets, you might be wondering how to protect your portfolio. When stock markets experience sudden and sharp swings, the search for stability often leads investors back to
Nasdaq reached a new all-time high near 27,960 after one of its sharpest short-term rallies in recent years. Ash Crypto reported on X that the index has climbed 22.6% in five weeks and added more than $6 trillion in market value. The move kept attention on technology stocks as traders tracked momentum, earnings strength, and
A convicted crypto fraud case in the United States is back in focus after new estimates valued Sam Bankman-Fried’s former venture portfolio at nearly $100 billion. The figures point to early investments linked to FTX and Alameda Research that spread across major tech and crypto companies before the exchange collapsed in 2022. A Forbes report