Miami Beach, FL — “The market is the market… it’s not crypto and traditional anymore,” said Dave LaValle, President of CoinDesk Indices and Data, on a panel at Consensus Miami Tuesday, capturing a shift echoed across issuers and asset managers. As traditional finance firms pour in, Douglas Yones of Direxion argued that institutional participation is
Cryptocurrency analysis company CryptoQuant analyzed the recent rise in Bitcoin’s price, highlighting the fundamental dynamics behind the ongoing market movement. According to the company’s latest analysis, one of the most significant factors in Bitcoin’s rise to the $81,000 level was aggressive short position liquidations. According to CryptoQuant data, cumulative liquidation data, particularly on Binance, indicates
Tushar Jain, managing partner of cryptocurrency investment firm Multicoin Capital, announced that the company has established a significant position in Zcash ($ZEC) assets. Jain stated that they have been accumulating $ZEC since February and are evaluating this asset within the framework of a strategic investment thesis. In his statement, Jain said that Zcash represents a
Prediction markets are beginning to develop an algorithmic trading layer similar to traditional electronic markets. A new startup, Elastics, is building tools aimed at accelerating that shift. Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!) Elastics, founded by former Goldman Sachs professional Szymon Pawica, has raised $2 million in
Dubai-based Global Millennial Capital closes a $100M IPO Opportunities Fund to back overlooked AI and DeFi mid-cap tech names one to three years before exit. According to the PR Newswire announcement, Global Millennial Capital has completed a final close of $100 million for its IPO Opportunities Fund, which will focus on pre-IPO and pre-exit allocations
Bitcoin surged past the $81,000 milestone for the first time in months, reaching an intraday peak of $81,714. Despite brief periods of volatility, the cryptocurrency maintained strong support above $81,500, marking a 7% weekly gain. Key Takeaways: Bitcoin hit $81,714 on May 5 as the Trump administration worked to de-escalate Middle East tensions. The rally
According to OpenTrade, stablecoins have evolved into essential, everyday tools that protect purchasing power, facilitate, secure, and instant remittances, and provide a digital safe-haven for savings in Latin America. The firm explained that, amid continued financial instability and inflationary pressures, the assets have become a preferred method for everyday and cross-border transactions. At the moment,
Strategy (MSTR), which has attracted attention with its Bitcoin accumulation, announced its first quarter 2026 financial results. Revenue: $124.3 million (Expected: $4.94 million) Loss per share (EPS): -$38.25 (Expected: -$0.17) Within the company’s operating loss, an unrealized loss of $14.46 billion in digital assets stood out. By 2026, it had raised $11.6 billion in funding
Bitcoin Core developers today disclosed a bug that has allowed miners to remotely crash and execute code on other people’s nodes. The vulnerability, CVE-2024-52911, has affected Bitcoin Core 0.14.1 through 28.4. Developer Cory Fields responsibly disclosed and helped patch the high severity error via Pull Request (PR) 31112. Had a miner wanted to utilize the
CME Group, one of the world’s largest derivatives markets, is preparing to expand its range of cryptocurrency products. The company announced it will launch Bitcoin volatility-based futures contracts on June 1, subject to regulatory approval. These new products aim to enable investors to develop more precise portfolio management strategies by allowing them to focus solely