Those betting against bitcoin BTC$116,835.12 -holder MicroStrategy (MSTR) seem to have run out of patience and look to be exiting bearish bets. On Monday, a U.S.-listed exchange-traded fund (ETF) that provides a leveraged bearish exposure to shares of bitcoin holder MicroStrategy sank to lifetime lows on the back of near-record trading activity. Prices for the
Chainlink, a prominent decentralized oracle ecosystem offering real-world data for blockchain-based smart contracts, has partnered with Swift and GLEIF. The partnership focuses on launching vLEI Hackathon, catalyzing the regulatory-compliant blockchain-related solutions by using Chainlink’s cutting-edge Automated Compliance Engine (ACE) and verifiable Legal Entity Identifier (vLEI) mechanism of GLEIF. The platform revealed the details of this
Key Insights: Crypto stocks of Circle, Coinbase, and Robinhood are positioned for a positive rally in Q3 2025. CRCL, COIN, and HOOD are all up in Pre-market trading in readiness for a bullish week ahead. Investors eye a potential Q3 2025 altcoin season, fuelled by historical patterns with crypto stock ties. Over the years, crypto
“Capital goes where it’s treated best.” — Wall Street folk wisdom In this century full of Big Tech successes, Europe’s only big success is Spotify, whose shares are listed on the New York Stock Exchange. I mention this because New York is not in Europe. Spotify was founded in Sweden, incorporated in Luxembourg and keeps
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As bitcoin BTC$119,389.32 trades near $119,500, having just recently broken through
Mastercard’s Chief Product Officer Jorn Lambert says stablecoins are still far from becoming a mainstream payment option. This comes despite all the buzz surrounding the technology. During a call with analysts on Monday, Lambert said stablecoins boast incredible technical potential — fast transactions, 24/7 uptime, low fees, programmability, and immutability. But those features alone don’t
One year ago, Germany sold off 50,000 bitcoins, completely liquidating its stockpile. In the intervening time, the price of BTC doubled, and a similar today would’ve netted more than $6.64 billion. This example could provide a useful cautionary tale for leaders around the globe. Even if a government is determined to liquidate its holdings, a