Everything web3, crypto, defi, degen
In brief FTSE Russell will publish its global equity, FX, and digital asset benchmarks directly on blockchain networks. The data will be accessible to over 2,000 applications across more than 50 public and private blockchains. Observers say the move could transform traditional reference indices into programmable and verifiable financial primitives. FTSE Russell, a global index…
In brief Bitcoin’s recent drop is a mid-cycle reset, not a bear trend, according to analysts. The crypto’s first red October in six years could be setting the stage for a bullish comeback in November. A cooling trade war could serve as a tailwind, though macroeconomic concerns persist. Bitcoin is heading into November after its…
In brief The firm will slide Palisade’s offerings into its Ripple Payments and Ripple Custody solutions. Ripple acquired Hidden Road and GTreasury in billion dollar deals earlier this year. Ripple ended a four-year legal battle with the SEC this August. Ripple has acquired digital wallet provider and custody firm Palisade, the blockchain-based financial technology company…
In brief AI cloud compute company IREN has signed a $9.7 billion deal with Microsoft. The deal will give Microsoft to access to Nvidia’s NVIDIA GB300 GPUs. A number of top tech companies have inked deals with data center firms in recent months. IREN stock rocketed up after the former Bitcoin miner and data center…
In brief U.S. Bitcoin ETFs had $946 million in outflows last week, with iShares Bitcoin Trust losing $400 million. Solana ETFs attracted $421 million in new investments, driven by recently launched U.S.-based funds. Total digital asset fund outflows reached $360 million as investors reacted to U.S. central bank Chair Jerome Powell’s cautious stance on December…
In brief BitMine Immersion Technologies added more than 80,000 ETH to its leading Ethereum treasury last week. The firm now holds more than 2.8% of the entire ETH supply. Shares of BMNR have fallen more than 8% as ETH continues its slide, now changing hands just over $3,600. Publicly traded Ethereum treasury company BitMine Immersion…
In brief Strategy last week spent $45.6 million on 397 Bitcoins, one of its smaller buys. It now holds 641,205 digital coins worth $69.1 billion. The Bitcoin treasury’s stock was down slightly on the news. Bitcoin treasury Strategy added 397 digital coins for around $45.6 million—an average price of $114,771 per coin—in one of its…
After a rough October that didn’t produce the expected “Uptober” gains for Bitcoin and other top crypto assets, November’s getting off to a rough start.Major crypto assets are deep in the red so far on Monday, with Bitcoin diving by 4% and altcoins showing much larger losses. All the while, liquidations are piling up, with…
In brief Bitcoin hovered near $108,000 and Ethereum traded around $3,750, extending cautious positioning ahead of Friday’s U.S. employment report. Bessent said high rates “may have driven” parts of the economy into recession, fuelling debate over whether future cuts would signal strength or stress. On-chain data shows Bitcoin stuck below a key $113,000 cost-basis level.…
In brief Former president of FTX US, Brett Harrison, told Decrypt that offering leverage up to 1,001x on volatile crypto assets is “irresponsible” and a “major problem.” Proponents of the high-leverage crypto products believe they’re just giving retail users what they want and offering a level playing field. Harrison’s comments come as he is preparing…
