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Financial News

Mark Cuban says he sold most of his bitcoin after losing faith in hedge narrative

Mark Cuban says he sold most of his bitcoin after losing faith in hedge narrative

1 month ago by Crypto InsightsCrypto

Billionaire investor Mark Cuban said he has sold most of his bitcoin BTC$77,640.65 holdings after losing confidence in the cryptocurrency’s role as a hedge against weakening fiat currencies and geopolitical instability. Cuban, who’s net worth is about $10 billion, said bitcoin’s price behavior during the… Read More

It’s not all HYPE: Privacy and quantum-resistant coins surge as bitcoin marks time: Crypto Daily

It’s not all HYPE: Privacy and quantum-resistant coins surge as bitcoin marks time: Crypto Daily

1 month ago by Crypto InsightsCrypto

This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Bitcoin BTC$77,640.65, ether (ETH), XRP (XRP), solana (SOL) and other top 10 coins have had a tough time lately, with each falling at least 2% in the past seven days.… Read More

Here’s why bitcoin turned lower from the 200-day average

Here’s why bitcoin turned lower from the 200-day average

1 month ago by Crypto InsightsCrypto

Bitcoin’s BTC$77,942.11 recovery from February lows, which had begun to look like a new bull run, hit a wall last week at the 200-day simple moving average (SMA) positioned just above $82,000. Since then, prices have pulled back to $77,500 in a move reminiscent of… Read More

Elon Musk’s SpaceX holds 18,712 bitcoin at fair value of $1.29 billion, IPO filing shows

Elon Musk’s SpaceX holds 18,712 bitcoin at fair value of $1.29 billion, IPO filing shows

1 month ago by Crypto InsightsCrypto

SpaceX officially confirmed plans to go public on Wednesday, setting the stage for what could become the largest initial public offering in history and potentially push CEO Elon Musk toward becoming the world’s first trillionaire. The rocket and satellite internet company filed its S-1 registration… Read More

Kraken parent Payward's Q1 revenue climbs despite crypto market slump

Kraken parent Payward's Q1 revenue climbs despite crypto market slump

1 month ago by Crypto InsightsCrypto

Co-CEO Arjun Sethi said the firm kept investing through market weakness, leaning on acquisitions and futures growth to offset softer spot trading.

XRP beat bitcoin gains as CLARITY Act advanced, but a real bullrun still needs Congress

XRP beat bitcoin gains as CLARITY Act advanced, but a real bullrun still needs Congress

1 month ago by Crypto InsightsCrypto

The token jumped 5% after a Senate committee moved the market-structure bill forward, reviving hopes that legal clarity can pull deeper institutional money into XRP products.

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