Karrie Butterfield
,@karrie
2
Friends
-
Karrie Butterfield wrote a new post, Citi Starts Coverage of Coinbase With $415 Price Target, Says ‘Buy Crypto’s General Store’ 11 hours, 28 minutes ago
The bank’s Coinbase target is 27% higher than Monday’s closing price.
Citi initiated coverage of Coinbase (NASDAQ: COIN) Tuesday with a buy rating and $415 price target, saying the crypto exchange “of […]
-
Karrie Butterfield wrote a new post, Mastercard Is Integrating Crypto Payments Through a New Partnership With Bakkt 1 day, 9 hours ago
The tie-up will allow merchants and banks to build cryptocurrency into their offerings.
Mastercard and digital asset platform Bakkt are partnering to allow merchants and banks to build cryptocurrency into […]
-
Karrie Butterfield wrote a new post, As the CME’s Volume Gets Pumped, the Bitcoin ETF’s Quirky Structure Could Explain Some of It 1 day, 12 hours ago
Last week’s launch of the ProShares Bitcoin Strategy ETF (BITO) was a smash hit by any measure. Yet, it may be that at least part of its success could be the result of how the instrument is structured rather t […]
-
Karrie Butterfield wrote a new post, First Bitcoin ETF Is Already in Danger of Breaching a Limit on Futures Contracts 4 days, 12 hours ago
Just days after launch, the first U.S. Bitcoin futures exchange-traded fund risks becoming too popular for its own good.
The Proshares Bitcoin Strategy ETF (ticker BITO) is already on track to breach a limit […]
-
Karrie Butterfield wrote a new post, Investing giant Pimco is considering trading cryptocurrencies 5 days, 10 hours ago
Pimco, a $2 trillion investment firm, could potentially begin trading spot cryptocurrencies, the firm’s chief investment officer Daniel Ivascyn confirmed to CNBC.
The firm, which has engaged with the market […]
-
Karrie Butterfield wrote a new post, Bitcoin Hits New All-Time High Above $65K on Strength of ETF Debut 6 days, 11 hours ago
The latest rally appears fueled by the successful debut on Tuesday of the first U.S. bitcoin futures exchange-traded fund.
Bitcoin, the world’s largest cryptocurrency by market capitalization, has hit a n […]
-
Karrie Butterfield wrote a new post, ProShares Bitcoin Futures ETF to Start NYSE Trading on Tuesday 1 week, 1 day ago
The SEC gave the go-ahead for bitcoin futures ETFs at the end of last week.
ProShares will launch a bitcoin futures exchange-traded fund (ETF) tomorrow, the company confirmed in an SEC filing on Monday. C […]
-
Karrie Butterfield wrote a new post, Global Finance Watchdog Says $133B Stablecoin Sector Remains Niche 1 week, 6 days ago
The Financial Stability Board, a G20 entity that provides recommendations for the global financial system, found stablecoins are not being used at any significant scale for payments at present.
A […]
-
Karrie Butterfield wrote a new post, China FUD Over Bitcoin Mining Is ‘Now Moot,’ Luxor Report Says 2 weeks, 1 day ago
Bitcoin’s hashrate is expected to climb back near its all-time highs, potentially helping mining profitability, as China’s grip on the sector subsides.
The ”Fear, Uncertainty and Doubt” or FUD about C […]
-
Karrie Butterfield wrote a new post, JPMorgan Says Institutional Investors Are Replacing Gold With Bitcoin 2 weeks, 4 days ago
The shift into bitcoin that drove late-2020 all-time highs “has started reemerging in recent weeks,” wrote analyst Nikolaos Panigirtzoglou.
“Bitcoin’s allure as an inflation hedge” is drawing instituti […]
-
Karrie Butterfield wrote a new post, US FDIC Said to Be Studying Deposit Insurance for Stablecoins 2 weeks, 5 days ago
So-called pass-through coverage would insure the holders of these tokens against losses up to $250,000 if the bank holding the collateral were to fail.
The Federal Deposit Insurance Corp. (FDIC), a key […]
-
Karrie Butterfield wrote a new post, Bitcoin Breaks $50K for First Time In a Month 3 weeks ago
The gain comes amid a weak start to October for U.S. stocks.
Bitcoin, the largest cryptocurrency by market value, broke above the crucial psychological threshold of $50,000 on Tuesday for the first time […]
-
Karrie Butterfield wrote a new post, Coincidence or Insider Trading? Price Pops Before Incentive Announcements Raise Questions 3 weeks, 5 days ago
Blockchain data shows recent surges in the days leading up to multimillion-dollar user acquisition programs. Experts offer some possible explanations as to why.
“Buy the rumor, sell the news.” It is not […]
-
Karrie Butterfield wrote a new post, Cryptocurrencies Affirm to Debut Crypto, Debit Products in Push Toward Super App 3 weeks, 6 days ago
Affirm Holdings Inc. is planning to debut a debit card and allow customers to buy and sell crypto directly from savings accounts they have with the company as part of a broader push to become a one-stop shop for […]
-
Karrie Butterfield wrote a new post, Ahead of Crackdown, Huobi Scrambled to Move Staff Out of China, Insiders Say 3 weeks, 6 days ago
Interviews with former and current employees shine new light on the crypto exchange’s complicated relationship with its home country.
Months before China’s latest crackdown, the Huobi Global cryp […]
-
Karrie Butterfield wrote a new post, Leading Crypto Mining Machine Maker Bitmain Said to Halt Sales in China 4 weeks ago
Beijing-based Bitmain will also move most of its production out of southern China and into other countries in response to the latest government crackdown, sources said.
Bitmain, one of the world’s l […]
-
Karrie Butterfield wrote a new post, Bitcoin Drops $2K as China Declares Cryptocurrency-Related Business Illegal 1 month ago
Bitcoin erased Thursday’s 3% gain as PBOC stepped up its crackdown on crypto
China strengthened its anti-crypto stance on Friday, torpedoing bitcoin’s two-day winning run.
The Peo […]
-
Karrie Butterfield wrote a new post, Cambrian Says Its New Bitcoin, Ethereum Trusts Will Cut Through Volatility 1 month ago
The California-based asset manager said the new trusts will reduce volatility through its active management strategy.
Quantitative crypto hedge fund Cambrian Asset Management said its two new actively […]
-
Karrie Butterfield wrote a new post, Dapper Labs Said to Reach $7.6B Valuation in $250M Funding Round 1 month ago
The firm behind NBA Top Shot and the Flow blockchain also announced a deal with Spain’s top soccer league, LaLiga.
Dapper Labs has closed a $250 million funding round, the company behind NBA Top Shot a […]
-
Karrie Butterfield wrote a new post, US Sanctions Enforcer Blacklists a Crypto Exchange for First Time 1 month ago
The Treasury’s Office of Foreign Assets Control labeled Suex.io a “specially designated national,” putting the exchange in a category with suspected terrorists.
The U.S. government has sanctioned a crypt […]
- Load More