Bitcoin Off Lows as Bank of England’s Bond Market Intervention Raises Hopes for Fed Pivot
The hope is the U.S. central bank will scrap its tightening policy that has hit crypto prices. Bitcoin (BTC) recovered from daily lows after the…
Tag: cryptocurrency
FTX in talks to raise up to $1 billion at valuation of about $32 billion, in-line with prior round
Sam Bankman-Fried’s crypto conglomerate FTX is in talks with investors to raise up to $1 billion in new funding that would keep the company’s valuation…
Traditional Finance Giants Charles Schwab, Citadel, Fidelity, and Others Start Crypto Exchange EDX Markets
The exchange will be lead by CEO Jamil Nazarali. Financial heavyweights Charles Schwab (SCHW), Citadel Securities, and Fidelity Investments (FNF), and others announced the start…
Bitcoin Jumps Most in 6 Months as Hopes for 2023 Rate Cut Persist
ING expects a rate cut in June 2023 followed by further easing in the second half of the year. Major cryptocurrencies bounced early Friday as…
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…
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…
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…
Coinbase, BlackRock ink crypto trading partnership targeting institutional clients
(Reuters) – Cryptocurrency exchange Coinbase Global Inc said on Thursday it has partnered with BlackRock, the world’s largest asset manager, to provide institutional clients 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…