Bitwise Asset Management, a crypto asset manager overseeing more than $15 billion in client holdings, announced today it has acquired Chorus One, a staking infrastructure provider founded in 2018. The transaction adds over $2.2 billion in staked assets to the firm’s portfolio. Chorus One will be folded into Bitwise Onchain Solutions, the company’s institutional staking
NEW YORK, March 2025 – JPMorgan Chase CEO Jamie Dimon has issued a stark caution to global markets, stating he perceives troubling similarities between current economic conditions and the period preceding the 2008 financial crisis. This warning, reported via the financial news account Watcher.Guru, comes from one of the world’s most influential banking leaders and
Bitcoin BTC$64,309.21 pushed back above $64,000 in early U.S. trading Tuesday, tracking a broader rebound in risk assets after several sessions of turbulence. Trading recently at $64,200, bitcoin was still lower by 0.75% over the past 24 hours, but nicely above the morning’s low of $62,500. Ether (ETH) and solana (SOL) also narrowed big early
US-based technology giant Meta is reportedly planning to return to the stablecoin space in the second half of the year. The company reportedly aims to collaborate with a third-party firm to provide payment integration using dollar-pegged token technology. Meta, led by Mark Zuckerberg and owner of platforms like Facebook, WhatsApp, and Instagram, is reportedly looking
Bitcoin Price Drifts Lower to $60,000 as Market Signals Wane, Traders Eye Support Levels Bitcoin’s price has extended its multi‑week corrective phase, sliding below key psychological and technical zones as traders assess both newer economic headwinds and internal market dynamics. The bitcoin price moved lower through the weekend and into Monday, punctuating an increasingly cautious
Stripe said in its 2025 annual letter that it has reached a $159 billion valuation through a new employee liquidity tender, while reporting $1.9 trillion in total payment volume for the year. The tender will provide liquidity to current and former employees. Most of the capital will come from investors including Thrive Capital, Coatue, and
Payoneer, a cross-border payments provider serving nearly two million small and medium-sized businesses, has applied to the Office of the Comptroller of the Currency (OCC) to establish a US national trust bank, according to a Tuesday press release. The proposed entity, PAYO Digital Bank, N.A., is aimed at supporting stablecoin-enabled services for global businesses. The
WisdomTree, a New York-listed asset manager overseeing approximately $161 billion in client assets, said Tuesday it will soon enable around-the-clock trading and instant settlement for its US money market fund, the WisdomTree Treasury Money Market Digital Fund (WTGXX). The fund can trade continuously against the USDC stablecoin through a dealer-principal model operated by the firm’s
Now that Bitcoin is down over 40% from its fall highs and hitting its lowest levels in weeks, crypto market sentiment has turned undeniably bearish. However, Adam Back, the CEO of Blockstream and the inventor of the Hashcash proof-of-work system, sees a silver lining in the current downturn. During a conversation with CNBC’s Melissa Lee,