The cryptocurrency markets are experiencing turbulent times in the shadow of economic and market shocks originating from South Korea. Caitlin Long, founder and CEO of Custodia Bank, a leading figure in the sector, made striking analyses of Bitcoin and global financial markets during her appearance on a program. In the broadcast, which also featured Andrew
Digital Assets Council of Financial Professionals founder Ric Edelman believes the CLARITY Act may pave the way for institutional capital to invest in the crypto market. He expects 95% of instructions outside crypto could start investing in Bitcoin and digital assets if the U.S. crypto bill is approved.
Bitcoin ($BTC) holders who acquired their coins more than five years ago have cut spending to a 90-day average of 962 $BTC, the lowest level since November 2024, according to CryptoQuant data. The slowdown follows three major spending peaks over the past two years, including a high of 3,860 $BTC in May 2024. At the
Top European asset manager, Allfunds, has announced a collaboration between the Solana network and its digital assets and cryptocurrency arm, Allfunds Blockchain. This partnership will integrate Solana into its platform for tokenized fund offerings and give institutional asset managers easy access to on-chain channels. The partnership will put Solana’s blockchain infrastructure within the reach of
Blockchain infrastructure company Chainlink (LINK) announced it has partnered with 47 South Korean and European banks to enable real-time, stablecoin-based cross-border payments in international currency transactions. The initiative, called Project Pangea, brings together banks representing over $10 trillion in assets in total. Besides Chainlink, the project includes Qivalis, a euro stablecoin consortium supported by 37
SpaceX stock has remained under pressure after Susquehanna initiated coverage with a $170 price target while warning that the company’s valuation depends on aggressive growth assumptions. According to a research note from Susquehanna, the brokerage assigned SpaceX a neutral rating and set a $170 target for the stock as shares continue trading below their $150
As tokenization moves from industry experiment to commercial product, asset managers are rushing to establish a foothold in the market. “We have a number of different projects in flight, different variants to effectively tokenize ETFs,” Ben Slavin, global head of exchange-traded funds (ETFs) at BNY, said in an interview. The trend comes as major firms,
In brief Bitcoin fell in sympathy with tech stocks on Tuesday, hitting a two-week low as investors appeared to fixate on expectations of rate hikes. The weakness follows a frenetic rally in tech stocks; however, names attached to the AI boom were set to drag the Nasdaq lower. Hashdex’s Gerry O’Shea pointed to the Clarity
Shareholders of Sweden’s H100 Group voted on Monday for the board to issue the new shares it needs to complete the acquisition of the Norwegian Bitcoin-holding duo of Moonshot AS and Never Say Die AS. The deal will lift H100’s Bitcoin reserve from 1,051 $BTC to roughly 3,500 $BTC. The critical item at this year’s
Bitcoin ($BTC) stayed uncertain at Tuesday’s Wall Street open as US stocks responded to an earlier Asia tech sell-off. Key points: Bitcoin bulls attempt to avoid a deeper drop below local lows amid risk-asset volatility. Multiple factors are blamed for the current weakness and stocks reset, with Micron earnings due on Wednesday. Rolling crypto liquidations