There is a viral assertion circulating in crypto markets that links Jane Street, the Terra Meltdown and AI firm, Anthropic. The storyline indicates a grander institutional plan of what has occurred in the market history. It is however a mix of both proven facts and speculation, and thus it is critical that investors be able
Circle stock price popped by over 35% on Wednesday, its best day since going public, after publishing stronger revenue and $USDC stablecoin growth than expected. Summary Circle stock price soared after publishing strong financial results on Wednesday. Canaccord Genuity analysts maintained a bullish outlook for the stock. They slashed their CRCL stock target to $160,
US-based asset manager REX Shares has launched an exchange-traded fund that bundles leveraged covered-call strategies tied to nine individual stocks, including crypto-linked names Coinbase and Strategy, into a single income-focused product trading under the ticker GIF. According to Thursday’s announcement, the fund holds equal-weighted positions in REX’s existing single-stock Growth & Income ETFs, each of
The AI and data center boom partly driven by Bitcoin miners is increasingly being financed through high-yield bond issuance, underscoring how lenders are pricing both risk and opportunity in the sector. According to TheEnergyMag’s latest newsletter, companies tied to AI data center development have raised about $33 billion in long-term senior notes over the past
The artificial intelligence boom could end in recession. Economists at Moody’s Analytics now put the odds at 45 percent. The warning comes as a separate report from Moody’s Ratings exposes how the country’s biggest tech companies have buried more than half a trillion dollars in future obligations that don’t appear on their financial statements. Moody’s
CEA Industries, positioned as the world’s largest $BNB treasury company, has seen its value drop by 95 percent since its peak last year, and is blaming the decline on the family office of Binance founder Changpeng Zhao (CZ). In a press release, the company demanded that details of an alleged “secret side agreement” signed between
Happy Thursday, advisors! In today’s newsletter, David Lawant, head of research at Anchorage Digital reviews crypto’s evolving role in 401(k)s, as regulatory clarity is poised to open up investments. Then, in Ask an Expert, Kevin Tam answers questions about crypto adoption around the world looking at the recent 13F filings. Happy Reading. Modernizing the nest
U.K. investors will no longer be able to add crypto exchange-traded notes (ETNs) to their tax-free individual savings accounts (ISAs) after the start of the new tax year on April 6, the Financial Times (FT) reported on Wednesday. The tax authority, His Majesty’s Revenue and Customs (HMRC), will reclassify cryptocurrency ETNs as qualifying instruments only
As Bitcoin tries to stabilize at $67,000, Michael Saylor, Chairman of Strategy, continues to demonstrate his trademark optimism on social media. In a new post on X, Saylor not only depicted himself carrying a large orange bag covered with Bitcoin logos but also added an intriguing caption suggesting he might need a “bigger” one. The