William Blair says Coinbase’s 26% pullback has largely “de‑risked” the stock, with weak trading now priced in as surging $USDC adoption turns the exchange into a higher‑margin, cycle‑resistant bet on crypto’s share gains versus fiat. Investment bank William Blair says Coinbase’s recent share price decline has effectively reset expectations, arguing that a roughly 26% drawdown
Private credit has crossed into a dangerous phase. After rumblings last month, the pressure point is no longer confined to underwriting quality, isolated borrower stress, or a few awkward redemption notices buried in fund updates. The market is now dealing with something more consequential: a live collision between illiquid assets, semi-liquid fund structures, and investors
Ondo Finance has filed a no-action request with the US Securities and Exchange Commission seeking confirmation that recording securities entitlements on Ethereum Mainnet will not trigger enforcement action – a filing that arrives less than five months after the SEC closed a two-year investigation into the company without charges. The request marks a significant shift
As debates continue in the US regarding stablecoin regulations, the American Bankers Association (ABA) has raised a notable objection to a report published by the White House’s Council of Economic Advisors (CEA). The union argued that the study ignored critical risks for policymakers and that its analytical framework was flawed. According to the ABA, the
The crypto funding landscape entered a new paradoxical phase, with the number of venture capital firms leading capital-raising rounds dropping sharply from pre-2022 peaks, even as the dollars raised have steadily recovered from the depths of 2022, when major events shocked the markets and sent institutional-grade backers and participants running for the hills. According to
Every new share of STRC by Strategy (formerly MicroStrategy) creates a perpetual claim on the company’s cash flow, and this might give institutions a reason to short the company’s MSTR common stock. Strategy is a bitcoin ($BTC) acquisition company that uses most of the proceeds of all types of its share sales to buy $BTC.
In brief A Polymarket trader walked away with $252,000 in profit after the UFC incorrectly identified a fight’s winner for the second time in two weeks. An X account linked to the Polymarket trader said that they had noticed the error by looking at the bout’s official scorecard. The incident shows how athletes’ performances aren’t
In the nuclear negotiations between the US and Iran, uranium enrichment has emerged as the biggest point of disagreement between the parties. During talks held in Islamabad over the weekend, the US reportedly demanded that Iran halt its uranium enrichment activities for at least 20 years. According to sources close to the matter, Tehran rejected
US President Donald Trump made noteworthy statements regarding developments in the Strait of Hormuz and the ongoing negotiations with Iran. Trump stated that ship traffic in the strait has picked up again, recording the highest number of passages since the closure began. According to him, 34 ships passed through the Strait of Hormuz in the
The slide that began Saturday night, after Vice President J.D. Vance left Pakistan without securing a peace deal in Iran, has, for the moment, somewhat reversed. After falling to as low as $70,500 at one point Sunday, the price of bitcoin has bounced back to $72,100 during U.S. Monday morning trading hours. Helping were reports