Ark Invest added another $18 million worth of crypto-adjacent stocks to its holdings on Thursday, including a $2 million purchase of shares in cryptocurrency exchange Bullish (BLSH). The St. Petersburg, Florida-based company also bought $12 million worth of crypto-friendly trading platform Robinhood (HOOD) and $4 million worth of ether ETH$1,965.77 treasury firm Bitmine Immersion Technologies…
Crypto Daybook Americas will not be published on Monday, Feb. 16 due to the Presidents’ Day holiday in the U.S. We will be back on Feb. 17. By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$66,560.23 is on track for a fourth straight weekly decline in its longest negative streak since mid-November. The…
Bitcoin BTC$67,002.70 rose to test $67,000 early Friday and was quickly rebuffed, though it remains about 1% higher since midnight UTC with ether ETH$1,957.56 rising half as much. The derivatives market, too, is showing signs of positivity. The CoinDesk 20 Index (CD20) is little changed, up just 0.7% in the period. While the gains mark…
Bitcoin’s BTC$66,914.52 long-term rally is “broken” and will remain so until the price climbs above $85,000, said Jean-David Péquignot, chief commercial officer of derivatives exchange Deribit. The largest cryptocurrency has settled into the $60,000 to $70,000 range in the past week, some 45% below the record high it hit in October. It’s on track to…
HONG KONG — Crypto finding a new niche as the payments tool of choice for machines, bitcoin BTC$66,745.22 not yet at rock bottom, U.S. regulatory changes and the role of prediction markets were some of the topics discussed at CoinDesk’s Consensus Hong Kong conference this week. “As AI agents become capable of making and executing…
Pakistan didn’t just wake up one morning and decide that it loves crypto, said the chairman of the country’s Virtual Assets Regulatory Authority (PVARA). The country was in the unusual position of having one of the largest crypto markets on the planet, but no guardrails at all, PVARA chairman Bilal Bin Saqib told Consensus Hong…
Investment bank Standard Chartered lowered its short-term and full-year price forecasts for major cryptocurrencies, citing continued downside risk as exchange-traded fund (ETF) outflows and a challenging macro backdrop pressure the market. The bank now expects bitcoin BTC$66,199.60 to fall to around $50,000 in the coming months, with ether ETH$1,936.34 potentially bottoming near $1,400. The world’s…
ETHZilla (ETHZ) has unveiled a tokenized aviation asset, marking a major step in its plan to bring income-producing real-world assets onto Ethereum. The new offering, Eurus Aero Token I, gives accredited investors access to lease income from two commercial jet engines currently in use by a major U.S. airline, ETHZilla announced on Thursday. The deal,…
Bitcoin BTC$66,371.90 has fallen back to the low end of its recent trading range during late-morning U.S. trading hours on Thursday as the tech-heavy Nasdaq tumbles 1.6%. Trading at $65,700, bitcoin is now lower by 1.5% over the past 24 hours, while ether ETH$1,949.31, just above $1,900, is down more than 2%. The bitcoin price…
A few years after the collapse of FTX nearly took it down by association, Solana’s core builders say the network’s next phase will be defined not by survival, but by scaling into global finance. Resilience built from the debris of 2022 is now shaping the Solana ecosystems future, leaders from Jupiter, Backpack, Kamino and DoubleZero…
