Cathie Wood-led investment firm Ark Invest has seen significant sell-offs in both Coinbase (COIN) shares and its own spot Bitcoin ETF, ARKB. Ark Invest Sells $1 Million in Coinbase Stock and Its Own Bitcoin ETF The company raised approximately $13.3 million by selling 34,207 Coinbase shares and $8.7 million by selling 225,742 ARKB shares. The
Talos, a provider of institutional-grade digital asset infrastructure backed by PayPal and Andreessen Horowitz (a16z), has acquired blockchain-data provider Coin Metrics in a deal valued at more than $100 million, Fortune reported Wednesday, citing a source familiar with the transaction. The acquisition combines Talos’ trading and portfolio-management suite with Coin Metrics’ on-chain analytics, historical pricing
A new survey shared with The Defiant shows that while many Brazilians appear to trust stablecoins, using them in everyday life is still a challenge. A July 2025 report from payments app Oobit that surveyed Brazilian crypto users aged 23 to 45 found that around 91.8% hold stablecoins — mostly Tether (USDT) — and about
The governor of the Bank of England has cast doubt on whether the U.K. needs a digital pound, or CBDC, becoming the latest official in a major economy to question the merits of central bank digital currencies. While Andrew Bailey says it’s crucial to embrace cutting-edge transaction methods, he questioned whether this CBDC, known informally
Story Highlights The Fed is expected to keep rates steady at 4.25%–4.50% on July 19, with a 96.9% chance of no change, according to Matthew Dixon. Stable rates could benefit crypto markets, while political pressure from President Trump adds tension ahead of the 2026 election cycle. The next Federal Reserve FOMC meeting is scheduled for
New stablecoin rules from major jurisdictions, particularly the U.S., are reshaping the global digital asset market and presenting significant challenges for Tether’s USDT, the largest stablecoin with a market capitalization of over $160 billion. A recent research report from Zhou Hao, the Chief Economist at Guotai Junan International, a multi-billion-dollar financial services firm, suggests that
Russian lawmakers have approved a bill obligating banks and retailers to introduce support for the digital ruble next year and implement a universal QR code for payments. The new legislation comes after the Bank of Russia proposed new deadlines for the introduction of the digital currency in stages, starting from September 2026, following a call
Disclaimer: The analyst who wrote this article owns shares in Strategy. Strategy’s (MSTR) aggressive bitcoin BTC$118,676.04 acquisition strategy has dramatically boosted the value of its convertible debt. With bitcoin steady near its record price and the company’s shares rebounding toward $450, five of the six bonds outstanding are deep in the money, meaning the stock
The U.S. is on the verge of passing landmark crypto legislation, and if it succeeds, the impact could be profound, not only by unlocking growth, but by significantly reducing risk, asset manager Bitwise said in a report on Monday. The growth story is straightforward according to Bitwise. Regulatory clarity would empower major financial institutions, such
Bitcoin BTC$117,767.57 hovered near $118,000 during the Asian trading hours on Wednesday, consolidating gains after June’s U.S. CPI data signaled further disinflation, pushing traders to reprice odds of a September Fed rate cut. Core CPI rose just 0.1% month-over-month for the fifth straight time, fanning bullish sentiment across crypto markets despite broader equity weakness. “The