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: cryptocurrency
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…
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),…
French Banking Giant BNP Paribas Enters Crypto Custody Space: Sources
The French bank will be working with crypto custody specialists Metaco and Fireblocks. French Bank BNP Paribas (BNP) is entering the cryptocurrency custody space via…
Crypto miners moved over $300 million of bitcoin in one day, and some are dropping out altogether
New data from blockchain analytics firm CryptoQuant shows that miners are rapidly exiting their bitcoin positions. 14,000 bitcoin, worth more than $300 million at its current…
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…