Undaunted by the plunge in bitcoin $BTC$63,799.95 and the even worse price action for bitcoin treasury companies, Adam Back, the CEO of Bitcoin Standard Treasury Company (BSTR), says shareholder approval for a public listing could come as soon as April. The public listing would come via a SPAC merger with Brandon Lutnick’s Cantor Equity Partners
The U.S. Securities and Exchange Commission (SEC) has approved a special request from asset manager WisdomTree allowing shares of its Treasury Money Market Digital Fund to trade at $1 with a dealer on an intraday basis, regardless of the fund’s end-of-day net asset value. Until now, investors in the fund, which trades under the ticker
Meta, the U.S. tech giant helmed by Facebook creator Mark Zuckerberg, is aiming to enter the stablecoin space later this year, pending successful integration with a third-party firm to facilitate payments using the dollar-pegged token technology, according to three people familiar with the plans. The tech giant, which owns Facebook, WhatsApp and Instagram and has
The well-followed Coinbase Bitcoin Premium Index briefly looked like it was recovering after the Feb. 5 crash. It wasn’t. The premium has now been negative for 40 consecutive days, according to Coinglass data, setting the longest streak of sub-zero readings since 2023. The current reading sits at -0.0467%, barely changed from two weeks ago, when
In a significant development for corporate cryptocurrency adoption, UK-based Smarter Web Company has secured a $30 million credit facility from Coinbase to expand its Bitcoin holdings, marking a pivotal moment in institutional crypto finance strategies for 2025. Smarter Web Company’s Strategic Bitcoin Credit Facility London-based Smarter Web Company (SWC) announced a major financial arrangement with
One of the shareholders of Empery Digital (EMPD), a company traded on Nasdaq, is demanding that the company sell all of its Bitcoin holdings. Accordingly, one of the major shareholders of Empery Digital, a Bitcoin treasury company formerly known as Volcon and traded on Nasdaq, is demanding that the firm sell all of its $BTC
Key Highlights: Eric Jackson, founder of EMJ Capital believes that ETF allocators are driving recent Bitcoin selling. According to his analysis, short-term traders exit as sovereign, pension, and treasury capital steps in. Market recovery may hinge on tech fund stability and stablecoin inflows. Eric Jackson, founder of EMJ Capital, believes the current slip in Bitcoin
Bitcoin is exhibiting textbook bottom formation characteristics across multiple indicators, trading at levels that historically precede significant recoveries, according to prominent onchain analyst James Check. Time — not price — is, however, likely to be the bigger test for bitcoin bulls. “Every mean reversion model, from technical to onchain is trading within bottom formation levels,
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1816.14, down 2.0% (-36.33) since 4 p.m. ET on Monday. One of the 20 assets is trading higher. Leaders: ICP (+1.2%) and NEAR (-0.3%). Laggards: BCH (-4.2%) and SUI
On this date 16 years ago, Feb. 24, Bitcoin’s pseudonymous creator, Satoshi Nakamoto, revealed a new logo for Bitcoin. Major crypto exchange Binance tweeted about this fact in Bitcoin’s history in a recent X post. On this day in 2010, Bitcoin’s first logo was revealed. pic.twitter.com/FO3pSKf8rg — Binance (@binance) February 24, 2026 On Feb. 24,