The IMF has raised concerns about increasing risks within financial markets, particularly due to advancements in AI, rising bond yields, and the growing threat of cyberattacks. In a recent tweet, the organization emphasized that while markets remain resilient, proactive policies are necessary to prevent larger shocks. This outlook underscores the urgency for regulators and financial
The Bank for International Settlements (BIS) said digital cash can offer privacy properties similar to cash, but highlighted remaining risks, including how potential bank data breaches may expose users’ personal data. While digital cash can achieve “cash-like privacy,” the technology stack is not yet “production ready,” wrote BIS in its Project Aurum Phase 2 report,
Strive has accelerated its bitcoin accumulation once again, acquiring 3,311 $BTC over the past week, which put its total treasury at 32,773 units. CEO Matt Coll also reported $208 million in warrant exercises as a key deadline for the remaining warrants approaches. This week’s purchase is significantly higher than the one announced last week, which
Federated Hermes (FHI), the Pittsburgh-based investment manager overseeing $911 billion in assets, plans to issue its first tokenized fund shares early next year, joining Wall Street’s growing push to bring traditional investments onto blockchain rails. The asset manager has partnered with plans to make the upcoming products available through traditional brokerages and financial advisers alongside
South Korea’s stock market suffered another sharp selloff on Tuesday, with the KOSPI falling 5.5% during Asian trading. The index is now roughly 38% below its June all-time high, extending a reversal that contrasts with bitcoin’s 40% recovery. Bitcoin bottomed near $58,000 shortly after the KOSPI peaked and has since rebounded as high as $87,000.
Leading cryptocurrency Bitcoin fell as low as $81,000 overnight amid weakness in South Korean and US technology stocks, but quickly recovered and surpassed $84,000. This situation with $BTC, where hundreds of millions of dollars worth of leveraged positions were liquidated, prompted renowned investor Tom Lee to warn that the decline in the South Korean stock
U.S. institutions appear to be selling Bitcoin faster than traders on Binance. As the Coinbase Premium Index has stayed negative for several days, showing that Bitcoin is trading at a lower price on Coinbase than on Binance. This selling pressure among U.S. investors comes ahead of the upcoming CPI report. Meanwhile, Bitcoin has fallen below
Metaplanet will issue 52 billion yen ($329 million) in zero-coupon, euro-yen convertible bonds due in 2031. Japanese investment and Bitcoin treasury company plans to use about 23.6 billion yen ($149 million) of the net proceeds to repay Bitcoin-collateralized loans and about 28.3 billion yen ($179 million) for share buybacks, according to a Tuesday announcement. The
Bitcoin price is rebounding more than 3% today, bouncing from $81,017 to $84,074. The sharp rise comes amid a mix of macro and technical factors. Traders remain bullish amid $BTC buys by Strategy and other corporate Bitcoin treasuries. Know when yourcoins moveAlerts, real-time prices, and market news — all in one app 4.8 based on