Morgan Stanley held nearly $270 million of GBTC as of March 31. The investments were likely made on behalf of clients and not a bet on bitcoin by the bank itself. Unmute 12:43 ‘The Voice’ Makes Its Way to the Metaverse 00:53 Staking Has Been a Major Liquidity Sink for ETH: Coinbase Institutional 01:52 Fantom […]
CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI). All but two members of the CoinDesk 20 Read More
ZkSync has said that the upcoming v24 upgrade will be the last before handing over network governance to the community. The layer-2 blockchain has $141 million in total value locked (TVL). Unmute 06:56 Get Started with DESK: Read More
The price of bitcoin (BTC) has nudged above the $67,000 level for the first time in nearly one month as animal spirits in cryptocurrencies return following eight weeks of sideways-to-lower action. At press time, bitcoin was Read More
The Biden Administration’s proposed 30% tax on electricity use for digital asset mining operations is raising concerns among crypto miners that they could be priced out of operating in the U.S. market communities. Crypto Read More
Solana’s SOL hit its highest price in a month Friday outperforming most crypto majors. The token is “still the best trade this cycle,” and could reach $200 by the end of May, Syncracy Capital co-founder Read More
The U.S. Senate joined the House of Representatives in voting to repeal a controversial U.S. Securities and Exchange Commission (SEC) accounting rule that imposed burdensome capital requirements on crypto custodians. That’s a Read More
Steve Cohen’s Point72 held $77.5 million of the Fidelity Wise Origin Bitcoin Fund in the first quarter. Point72 joins several other hedge funds who have disclosed allocations into the spot bitcoin ETFs. Point72, the $34 billion Read More
Michael Burry, an investor famous for making a fortune by anticipating the 2007 subprime mortgage crisis, made a sizable bet on physical gold. According to regulatory filings, Burry’s Scion Asset Management purchased over 440,000 Sprott Physical Read More
The Nigerian fintech firm Flutterwave claimed on May 16 that it had foiled an attempt to breach its payments platform. Flutterwave asserted that the “unauthorized activities inconsistent with usual customer behavior” did not compromise users’ funds Read More
