Altcoins left behind For altcoins, the picture is reversed. In CoinDesk Research’s basket of altcoins, dollar depth was greatest on Jan. 1, 2025, and has been lower on each date measured since. Depth at 5% from the price is down about a third since the start of 2025, to around $2 million. Closer to the […]
“I can’t speak for Tether directly, but my personal observation is that Bitcoin is a big priority for them, and it’s our job to make USDT as accessible on Bitcoin as it is everywhere else,” Ihnatiuk added. Privacy twist Utexo’s aims to accomplish this by creating an architecture for the stablecoin that is more confidential […]
“There’s a convergence now that you’re seeing between traditional market participants and digital asset market participants as well,” Lynq CEO Jerald David said in an interview with CoinDesk TV. For firms using Lynq, FTIXX gives them somewhere to put cash between trades rather than leaving it sitting around. They can earn yield on the money […]
Bitcoin is rising, and spot exchange-traded funds (ETFs) listed in the U.S. are pulling in money at a pace that rivals the period when the cryptocurrency traded at record highs. On Monday, the ETFs registered a net inflow of $998.95 million, the largest since Oct. 6, 2025, according to data from SoSoValue. That was the […]
Crypto market maker Wintermute plans to invest about $1 billion in high-frequency trading and artificial intelligence data-center infrastructure over five years as it expands into stocks, commodities and foreign exchange. The London-based firm wants non-crypto markets to generate more than 50% of revenue by the end of 2027, up from 10% now, according to a […]
“The order is intended to preserve identified stolen digital assets while the litigation continues, representing an important step in Bybit’s ongoing efforts to recover funds, support international law enforcement investigations, and reinforce accountability for large-scale cybercrime,” Bybit said in the release. “Our focus has never changed: protect our users first, recover what we can, and […]
Strategy (MSTR), the world’s largest corporate bitcoin BTC$64,291.04 holder, reported Thursday an $8.2 billion second-quarter net loss after the cryptocurrency’s price decline erased billions of dollars from the value of its digital asset holdings. The quarterly loss was driven almost entirely by an $8.32 billion unrealized markdown on its bitcoin holdings under fair-value accounting. The […]
“This week we have seen some large blocks in BTC topside call spreads,” Jean-David Péquignot, chief commercial officer at Deribit, told CoinDesk. Options flow of this size and repetition often reflects institutional positioning rather than retail activity, given the capital required and the precision of the strike selection. The timing is notable for two reasons. […]
President Donald Trump said there is ‘nothing wrong’ with the money his family has made in crypto, responding to financial disclosures that showed he earned at least $1.4 billion from the industry last year. Asked in a CNBC interview on Thursday at the White House whether he knew about the ventures, Trump said “I could […]
SpaceX has priced its shares at $135, according to a filing with the U.S. Securities and Exchange Commission on Thursday, setting the stage for one of the most closely watched public market debuts in recent years. The company sold 555.6 million shares at that price, raising $75 billion, making it the largest IPO ever, easily […]
SpaceX is planning to set the price of its initial public offering at $135 per share in a deal that would raise a record $75 billion and value the company at $1.75 trillion, the company said in a filing with the U.S. Securities and Exchange Commission. The aerospace company plans to sell 555.6 million shares […]
A $1.26 billion block sale of BlackRock’s iShares Bitcoin Trust (IBIT) this week might have been driven by a large investor seeking a rapid exit from bitcoin exposure rather than the unwinding of a common hedge-fund trading strategy. That’s according to an analysis published by crypto investment firm NYDIG. The transaction took place on May […]