Bitcoin traded near $63,900 on Friday, roughly flat, as the Bank of Japan left its benchmark rate at 1% and Governor Kazuo Ueda’s attempt to sound hawkish landed softly with markets. The yen gave back its move during his press conference, and the dollar-yen pair… Read More
Strategy (MSTR), the world’s largest corporate bitcoin BTC$65,008.69 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… Read More
Some of the world’s biggest banks have completed real cross-border payments using tokenized money in a test led by the Bank for International Settlements (BIS), another sign that tokenization is moving into the plumbing of global finance. Project Agorá, which brings together five central banks… Read More
This month, analysts have repeatedly pointed to multiday inflows into the U.S.-listed crypto exchange-traded funds as evidence of the return of institutional demand. Zoom out, though, and the institutional story still looks bleak. Bitcoin spot ETFs have pulled in just $205 million in net inflows… Read More
Bitcoin’s annualized 30-day implied volatility index, BVIV, the so-called fear gauge, continues to hover below 40%, well below highs above 60% seen during the early June and early February price sell-offs. The index is influenced by demand for options, or hedging instruments. So, the low… Read More
To Richmond, the delay isn’t about regulators moving slowly, but a structural difference between U.S. and Canadian frameworks. “It’s not necessarily just a regulatory thing; just the nature of the rules is different,” he said. Harmonized ‘national instrument’ While there is still work to be… Read More
