The 'long bitcoin, short the bankers' era is officially over as TradFi giants embrace digital assets
Financial firms are partnering with specialists to build infrastructure, blurring lines between traditional and decentralized finance into a unified sector.…
Swiss mega-bank UBS ramps up its Bitcoin exposure with a massive 24-fold surge in ETF call options
Direct holdings of IBIT also rose 12% to 407,890 shares, while put option exposure dropped roughly 53% to 143,300 underlying shares during the quarter.…
Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city
The Energy Ministry enacted the yearround restriction to mitigate power capacity shortages, as energyintensive mining facilities continue to strain regional…
Paul Tudor Jones’ investment firm increases stake in BlackRock's bitcoin ETF after year of selling
Calls fell 85.2% to 148,000 underlying shares, while puts slipped 1.4% to 715,000. Source:CoinDesk
Bitcoin to $1M by 2030 is ‘mathematically impossible’ says Markus Thielen
The trillions required to boost Bitcoin to a price of $1 million per coin is not going to happen by 2030... or perhaps ever, says party pooper Markus Thielen.…
Clarity survives (barely), Strategy sells and the untold story of Mastercard's $1.8 billion deal: Crypto's week in 5 stories
Washington kept crypto’s biggest legislative hope alive, Wall Street pushed deeper into digital assets, and a security scare sent billions of dollars of…
Bitcoin could bottom in October, altcoins are ‘basically dead,’ Swan CEO says
Klippsten said Bitcoin could bottom about a year after its previous peak and argued that crypto’s best outcome is to become part of TradFi. Source:Cointelegraph
Bitcoin price drops to $62.5K as trader warns weekly close may spark more losses
Bitcoin falls further toward new August lows, ignoring positive US inflation trends while US stocks continue to circle alltime highs. Source:Cointelegraph
Strategy says MSCI should measure markets, not dictate corporate assets
The bitcoin treasury company said index providers should measure markets rather than determine which assets public companies are allowed to own. Source:CoinDesk
Bitcoin slips as U.S. inflation fails to spark gains, ETFs see August's first two-day drawdown
Spot bitcoin ETFs saw backtoback outflows for the first time since late July as the largest cryptocurrency wiped out last week's gains and altcoins struggled…
Live updates: Bitcoin slips below $63,000 as oil, yields climb
WTI crude tops $82 a barrel, adding inflation pressure and weighing on risk assets as bond yields rise. Source:CoinDesk
Cluster of headwinds weigh on bitcoin. XRP teeters near $1
Top cryptocurrencies nurse losses as regulatory picture sours. ETF flows and traditional markets offer little support. Source:CoinDesk