Bitcoin BTC$86,842.13 has lost its footing, both on an absolute basis and relative to U.S. equities. According to Adrian Fritz, chief investment strategist at crypto investment firm 21Shares, the divergence between crypto and stocks comes down to macro pressure, investor sentiment and what he calls a “panda market” — not a full-blown crypto winter, but
Digital asset infrastructure firm Paxos said Tuesday it has acquired Fordefi, a wallet provider startup, a move aimed at strengthening its custody offering as institutional adoption accelerates. The deal brings Fordefi’s multi-party computation (MPC) wallet architecture, policy controls and decentralized finance (DeFi) integrations under the Paxos umbrella. The companies did not disclose the terms of
Federally chartered crypto bank Anchorage Digital is set to launch a rewards program for holders of USDtb and USDe tokens, without directly offering yield in a way that would violate the U.S. stablecoin laws. Institutions can now hold either token on Anchorage’s platform and receive rewards on idle holdings without staking or locking up their
In a recent tweet, Galaxy CEO Mike Novogratz, who is also an early Bitcoin investor, hints at the next big trend for the crypto market. In a tweet, Novogratz calls “perp equities” a big idea, saying “crypto loves leverage.” Perpetual Futures (PERPs) allow for continuous trading without expiry, using funding rates to keep prices aligned
Major bank Standard Chartered announced fund manager 21Shares has selected it as its digital asset custodian, potentially moving away from a crypto-native partner. According to a Monday announcement from Standard Chartered shared with Cointelegraph, the bank will provide crypto custody services to 21Shares, which offers multiple exchange-traded crypto products. Margaret Harwood-Jones, the bank’s global head
Bitcoin is heading into a technical setup that traders usually see as a red flag, but the same configuration led to a 46% surge the last time it appeared on TradingView charts. This turned what most people would call a bearish signal into one of the most profitable misreads of the year. The 50-day moving
The recent X post of Crypto Rover attracts attention to a new and shocking feature of the market Bitcoin has lost the Magnificent Seven (MAG7) tech stocks. There was a definite break in his chart, which commenced after the October 10 liquidation incident. The unusual price action of Bitcoin appears to be monitored closely by
In a groundbreaking move that could transform how traditional assets enter the blockchain space, Tether’s real-world asset platform Hadron has joined forces with Crystal Intelligence. This strategic partnership marks a significant step forward for real-world asset tokenization, addressing one of the industry’s most pressing challenges: regulatory compliance. Why Does Real-World Asset Tokenization Need Enhanced Security?
In a significant move that underscores the growing institutional confidence in blockchain technology, NYSE-listed C1 Fund has announced its latest crypto investments in Web3 developer platform Alchemy. This strategic partnership represents another milestone in the mainstream adoption of digital assets and blockchain infrastructure. Why Are Crypto Investments in Web3 Infrastructure Growing? The decision by C1
In a major move shaking up the crypto world, Paxos acquires Fordefi for over $100 million, signaling strong growth in digital asset infrastructure. This acquisition highlights how established firms are expanding their services to meet rising demand for secure and innovative wallet solutions. If you’re invested in cryptocurrency trends, this deal could reshape how you