New York — WisdomTree’s crypto business is no longer an experiment but core to the firm’s strategy and on the verge of turning profitable, CEO Jonathan Steinberg said in a fireside chat at the Ondo Summit in New York on Tuesday. “We want to continue to scale,” Steinberg said. “Last year, we went from like…
$9 billion bitcoin sale by a single Galaxy client reignites quantum debate A single Galaxy Digital (GLXY) client sold $9 billion worth of bitcoin last year, and quantum computing may have been the reason for it. The sale, CEO Mike Novogratz said during the company’s Q4 2025 earnings call, helped drag crypto markets as the…
Ether’s weekend slide at the turn of February revived a familiar question: is the Ethereum network falling behind newer competitors or struggling to justify its valuation? As ETH plunged by as much as 17% alongside most of crypto, skeptics wondered whether this was a warning sign that the protocol’s dominance may be eroding. Yet inside…
ING Deutschland, Germany’s largest retail bank, now lets customers buy crypto products tracking bitcoin BTC$78,105.22, ether ETH$2,305.86, and solana SOL$103.17 right from their bank-linked securities accounts. These products are real crypto-backed exchange-traded products issued by heavyweights like 21Shares, Bitwise and VanEck, the bank’s website says, adding that these alternative investment vehicles mirror coin moves and…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Crypto markets enter the “Year of the Horse” looking less like a…
The crypto market may be closing in on the bottom of its current downturn, but analysts at Compass Point say it will take a broader risk-off event to push bitcoin BTC$78,890.15 significantly lower. “While near-term risk remains skewed to the downside, we believe we’re approaching the final innings of the crypto bear market,” analysts Ed…
Binance co-founder Changpeng “CZ” Zhao took to social media on Monday to counter a series of allegations he called “pretty imaginative FUD” aimed at himself and his former exchange as the main culprit for the dismal crypto price action. FUD — short for “fear, uncertainty, and doubt” — is a term widely used in crypto…
Igor Runets, who founded Russia’s largest crypto mining firm BitRiver, is under house arrest on tax evasion charges, Bloomberg reported on Monday. Runets was detained on Friday and is facing three charges for allegedly concealing assets to evade taxes. Runets’ legal team now has a small window to appeal the house arrest before it becomes…
GameStop (GME) is plotting a high-stakes acquisition that might involve swapping out its bitcoin BTC$78,449.77 holdings for a bold bet in the consumer sector. In an interview with CNBC last week, CEO Ryan Cohen said the firm plans to acquire a publicly traded consumer company that’s “very, very, very big” — one that could potentially…
Trading just below $79,000 in midday U.S trade Monday, bitcoin BTC$78,885.00 has bounced from its worst weekend level below $75,000. At $78,700, BTC is higher by 2% over the past 24 hours and up 7% from its weakest price of the weekend, but still down more than 10% on a week-over-week basis. Ether ETH$2,276.43 is…
