Analysis: Cryptocurrencies

Bitcoin joins the risk-on party

A look at the day ahead in European and global markets from Ankur Banerjee You know markets are fully risk-on when cryptocurrencies are on a tear, with bitcoin joining global stocks to...

Crypto exchange Bullish valued at nearly $13.2 billion in blowout NYSE debut

Cryptocurrency exchange operator Bullish was valued at about $13.16 billion after its shares more than doubled in their NYSE debut on Wednesday, underscoring investor confidence in the sector and...

CoinDesk owner Bullish prices IPO above range to raise over $1.1 billion

NEW YORK -Bullish, a cryptocurrency exchange operator that counts billionaire Peter Thiel amongst its backers, said its U.S. initial public offering was priced above its indicated range at $37 per...

BNY appointed investment manager for OpenEden's tokenised US Treasury fund

SINGAPORE -Singapore-based fintech firm OpenEden said on Wednesday it has appointed U.S. financial firm BNY as the investment manager and primary custodian for assets backing its tokenised U.S....

Do Kwon pleads guilty to US fraud charges in $40 billion crypto collapse

NEW YORK -Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded guilty on Tuesday to two U.S. charges of conspiracy...

Stablecoin issuer Circle tops revenue estimate in first quarterly result since IPO

Stablecoin giant Circle surpassed expectations for second-quarter revenue in its maiden quarterly results since going public, sending its shares up 5% on Tuesday. Higher circulation of...

Exclusive-Paxos joins spate of crypto companies applying for US trust bank licenses

Paxos Trust Company, the cryptocurrency firm behind PayPal's stablecoin, said it is applying to create a national trust bank in the U.S., joining a raft of digital asset companies looking to gain a...

Trump opens US pensions to Bitcoin and private equity

Donald Trump has just signed an executive order that opens the doors of the colossal US pension market - worth around $9 trillion in assets - to cryptocurrencies, private equity and a range of...

Trump's 401(k) order offers retirement savers crypto, private assets, but also higher fees and more risk

NEW YORK -The new White House order directing regulators to expand access to alternative investments in 401 plans, like crypto or privately owned companies adds a new layer of risk to the retirement...

Leverage, buy, repeat: the addiction of crypto treasuries

In France, all companies listed on the tightrope or lacking a business model seem to want to become Crypto Treasury Companies. However, this is not a French phenomenon. It's actually a global...

Web3 is evolving: how DeFi consolidation and new sectors are reshaping the crypto space

Web3 activity is shifting as DeFi consolidates into fewer hands and emerging sectors like RWA and DePIN drive broader user adoption and diversify use cases.

Paxos Trust in $48.5 million New York settlement over Binance-related lapses

NEW YORK -Paxos Trust reached a $48.5 million settlement to resolve New York charges the virtual currency company failed to police illegal activity related to cryptocurrency exchange Binance, the...

Stablecoin Tether, more profitable than ever - Crypto review

Tether is no longer content with issuing the world's most valuable stablecoin: it is also printing record profits at a dizzying pace. With nearly $5bn in profit in a single quarter, the USDT giant now...

Corporate crypto treasuries exceed the $100bn mark in cryptocurrencies

Corporate crypto treasuries have just passed a symbolic milestone: over $100bn in cryptocurrencies now sit in the digital vaults of listed companies.

CFTC seeks to allow spot crypto trading on registered exchanges

The U.S. Commodity Futures Trading Commission said on Monday it would launch an initiative to allow for trading of spot crypto asset contracts listed on a futures exchange registered with the...

Eric and Trump Jr-backed manufacturing SPAC files for $300 million US IPO

New America Acquisition I Corp, a blank-check firm backed by Eric Trump and Donald Trump Jr., filed on Monday for an initial public offering of up to $300 million in the United States. ...

Peter Thiel-backed Bullish seeks up to $4.2 billion valuation in US IPO

Crypto exchange Bullish is targeting a valuation of up to $4.23 billion in its United States listing, the company said in a filing on Monday, launching its roadshow to capitalize on the momentum...

Altseason is back, but it’s different this time around

Altcoins are rallying again, led by large caps and institutional flows. But is this a true altseason or just another short-lived bounce?

US securities regulator lays out sweeping plans to accommodate crypto

The head of the U.S. securities regulator unveiled sweeping plans to overhaul capital markets regulations on Thursday to accommodate cryptocurrencies and blockchain-based trading, in a major win for...