For much of this month, bitcoin BTC$67,784.40 has been trading around the mid-$60,000s. That much is humdrum. The interesting bit is a developing split in coin ownership that could shape what happens next. Data from Santiment shows the number of wallets holding less than 0.1… Read More
Ark’s data shows bitcoin has weak price correlations with stocks, bonds, and gold, making it potentially attractive for risk-adjusted portfolio management.
Upon completion, the combined firm would hold nearly 13,000 BTC, surpassing the holdings of Tesla and Trump Media & Technology Group.
VanEck has updated its filing for an Avalanche exchange-traded fund, VAVX, to include staking rewards and generate income for investors. In an amended S-1 filed with the U.S. Securities and Exchange Commission, the firm disclosed that the fund may stake up to 70% of its… Read More
Coinbase’s (COIN) recent slump is an “air pocket,” not a warning sign, investment bank William Blair said in a report on Monday. The bank reiterated its outperform rating on the stock and urged investors to treat the crypto sell-off as a buying opportunity. Coinbase shares… Read More
For years, South Korea was the global heartbeat of crypto speculation. It became the place where digital coins traded at a premium, and where retail investors moved markets overnight. The “Kimchi Premium” became shorthand for a national obsession: Rampant and frenetic trading activity unrivaled by… Read More
