Dogecoin Jumps as Dogechain Gains Traction Among Retail Crypto Traders
The Polygon Edge-based Dogechain locks nearly $5 million in liquidity and is gaining prominence among retail crypto traders. Dogecoin’s (DOGE) price has surged this week…
Tag: crypto
Steve Cohen Quietly Setting Up Crypto-only Asset Manager
Blockworks exclusive: The move to create a separate entity reflects Cohen’s increasing bullishness on digital assets, according to four sources familiar with the matter Hedge…
BlackRock launches private trust offering direct bitcoin exposure
Investment manager BlackRock has launched a private trust offering US-based institutional clients exposure to spot bitcoin. The trust will be available to US-based institutional clients…
Morgan Stanley job posting points to wide-ranging crypto plans
Financial giant Morgan Stanley is looking for a product development manager with a primary focus on building a wide-range of new crypto products across business…
Brevan Howard Scores Largest Crypto Hedge Fund Launch Ever
Blockworks exclusive: The longtime global macro hedge fund firm has raised more than $1 billion for its flagship crypto vehicle, according to four sources with…
Bitcoin Trades Cautiously Even as Real Yield, Dollar Support Bullish Stance
The U.S. 10-year real yield has dropped 46 basis points in two weeks, offering bullish cues to risk assets, including bitcoin. Bitcoin (BTC) is trading…
Bitcoin Drops Even as Wall Street’s ‘Fear Gauge’ Indicates Calm Ahead of Fed Decision
“I don’t think the hawkish Fed trade has peaked,” one observer said. Bitcoin fell even as the Chicago Board of Options Exchange’s volatility index (VIX),…
Crypto Is Trying Out Traditional Finance’s Failures in Hyperspeed, but It’s Going to Be Fine
What is going to be most interesting here is seeing what happens to bitcoin and other cryptos during these Hard Times. The last time I wrote…
First Mover Asia: Bitcoin Rebounds Past $20K; China’s Blockchain Revolution Is Missing On-Chain Data
Ether and most other major altcoins regain ground they’d lost in last week’s downturn; China companies seem unconvinced by blockchain technology. Prices: Bitcoin gains ground, hovering…
MARKETS
ProShares is launching a short bitcoin ETF this week Eight months after establishing the first U.S. bitcoin futures ETF, ProShares plans to launch the first short…