Goldman Sachs and JPMorgan Chase are giving hedge fund clients ways to bet against the private credit market. According to a Bloomberg report, both firms have created baskets of listed companies tied to private credit. JPMorgan’s basket focuses on alternative managers and BDCs. “This, from Bloomberg, is not good news for a market segment that
The World Gold Council (WGC), a London-based industry body established to promote gold markets on behalf of leading mining companies, has proposed “Gold as a Service,” a shared infrastructure that connects physical gold custody with digital issuance and management. The initiative aims to make it much easier for companies to launch gold-backed products by providing
Datavault AI said Thursday it has signed a definitive agreement to acquire NYIAX, a move that gives the company control of blockchain-based exchange technology it says will underpin a broader push into institutional trading venues for data and other tokenized real-world assets. The announcement converts an October 13, 2025 letter of intent into a formal
Ripple’s 2026 global survey of more than 1,000 finance leaders found that 72% believe that finance leaders must offer digital asset solutions to stay competitive. The respondents spanned banks, asset managers, fintechs, and corporates. Their answers reflect growing consensus around stablecoins, tokenization, and the need for trusted infrastructure partners. Stablecoins and Tokenization Drive Institutional Demand
Into the Cryptoverse founder Benjamin Cowen argues that despite innovation across the crypto market, value ultimately consolidates back into Bitcoin over time. He shared this view in a recent X post. He highlighted Bitcoin’s first-mover advantage, deep liquidity, and growing institutional recognition as factors that keep it at the center of the ecosystem. Key Points
Market veteran Benjamin Cowen insists Bitcoin will not receive any capital rotation from gold, as it typically drops whenever gold struggles. The crypto market has faced another roadblock to the latest recovery effort that began on Feb. 28, with Bitcoin ($BTC) eventually losing the pivotal $70,000 psychological level after reaching $76,000 earlier this week. Interestingly,
Bitcoin is bouncing, but the setup still leans bearish. The Bitcoin price surged to a local high near $76,000 on March 17 before dropping sharply to around $68,690 by March 19. From that low, the price has recovered nearly 3%, moving back above $70,700, at press time. This rebound shows short-term strength. But it may
Gemini has been hit with a proposed class action in New York for allegedly misleading investors during and after the crypto exchange’s September initial public offering. The class action lawsuit filed by shareholders on Thursday in a Manhattan federal court against Gemini, its co-founders Tyler and Cameron Winklevoss, and company executives, claims they made misleading
Decentralized social platform Bluesky has disclosed that it had raised $100 million in a Series B round back in April 2025. Summary Bluesky disclosed a previously unannounced $100 million Series B round led by Bain Capital Crypto, with backing from multiple venture and institutional investors. The platform has grown its user base from 13 million