Around 70% institutional investors believe Bitcoin is undervalued when priced between $85,000 to $95,000, as it continues to underperform against precious metals and the stock market, Coinbase has found. Coinbase said in its Charting Crypto Q1 2026 report that its survey of 75 institutional investors and 73 independent investors was taken between early December to…
Gold prices have topped $5,000 amid rising geopolitical and global trade tensions, while Bitcoin has fallen toward $86,000 as the divergence between the two assets widened. Gold surged to a record high of $5,080 on Monday following a 17% gain so far this year, according to Gold Price, with traders flocking to the precious metal…
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. Gold’s breakout above $5,000 is beginning to look less like a spike…
Around $100 billion was wiped from the crypto market late on Sunday, as uncertainty around another potential partial US government shutdown caused traders to sell off. Senate Democrats threatened to block a funding package if it included money for the Department of Homeland Security, which oversees Immigration and Customs Enforcement, after federal agents shot and…
Investing in crypto assets like ether, the native token of the Ethereum network, once followed a simple path: traders bought coins on platforms like Coinbase or Robinhood, or stored them in self-custody wallets such as MetaMask, and held them directly. Then came staking, or pledging a certain amount of cryptocurrencies to a network to validate…
The Federal Reserve is set to announce its rate decision, and almost no one expects it to cut rates. However, traders will be paying very close attention to Chairman Jerome Powell’s post-meeting press conference, which could hold the real intrigue. His take on what to expect in the coming months and on recent hot topics,…
Strive (ASST), a bitcoin treasury and asset management company, is using perpetual preferred equity to retire convertible debt and restructure its balance sheet, a method that could offer a template for Strategy (MSTR) in the future. On Thursday, the company priced a follow-on offering of its Variable Rate Series A Perpetual Preferred Stock SATA, at…
Bitcoin slipped below the $88,000 level on Sunday as crypto markets weakened in thin weekend trading, extending a pullback that has weighed on the crypto market over the past week. BTC traded around $87,800 in U.S. afternoon hours, down roughly 2% over 24 hours, according to CoinDesk data. Ether fell toward $2,880, while solana, XRP…
Solana’s latest phase looks a lot less flashy than its memecoin-fueled highs, and that may be the goal. Armani Ferrante, CEO of crypto exchange Backpack, told CoinDesk in an interview the Solana ecosystem has spent the past year doubling down on a more sober focus: financial infrastructure. After years of experimentation as the wider crypto…
XRP sank nearly 4% as bitcoin dropped under the $88,000 mark on Sunday, ahead of a busy week with the Federal Reserve’s two-day FOMC meeting starting on Wednesday and major technology players announcing earnings. News background The consolidation came as spot XRP ETFs recorded their first meaningful weekly outflows since launch, totaling roughly $40.6 million,…
