Finance

Credit rating company Fitch Ratings has flagged a high degree of risk associated with Bitcoin-backed securities, a warning that could complicate the expansion of crypto-linked credit products among institutional investors. In a Monday assessment, Fitch said Bitcoin-backed securities, financial instruments typically structured by pooling Bitcoin (BTC) or Bitcoin-linked assets and issuing debt against that collateral, … Read more

Paul Atkins, chair of the US Securities and Exchange Commission (SEC), didn’t rule out the possibility of authorities seizing Venezuela’s reported Bitcoin holdings after US forces unseated and captured the country’s president. In a Monday interview with Fox Business’ Stuart Varney, Atkins responded to reports claiming that Venezuela holds up to $60 billion worth of … Read more

Bitmine Immersion Technologies expanded its Ether holdings over the past week as its chairman urged shareholders to approve a proposal that would allow the company to further build its crypto treasury and staking operations. The company said it purchased 24,266 Ether (ETH) over the past week, lifting its total crypto holdings to about 4.17 million … Read more

ETH’s recent rally was driven by spot demand and a healthy use of futures market leverage, potentially setting Ether up for a follow-up move to $4,000. Ether’s (ETH) futures and spot markets are sending mixed signals as futures positioning builds, but the altcoin’s price fails to make new highs. Data suggested that ETH traders are … Read more

With Bakkt’s share price surging following the announcement, the stock deal could be worth about $178 million. Cryptocurrency infrastructure platform Bakkt Holdings announced an agreement to purchase Distributed Technologies Research, a stablecoin and fiat payments infrastructure provider. In a Monday notice, Bakkt said the agreement will have the company issue more than nine million shares … Read more

Bitcoin (BTC) onchain data shows BTC whales are active as the price attempts to extend its breakout from the $90,000 level. Key takeaways Bitcoin whale spending surged to $286 million, the largest spike since early November. Momentum indicators are bullish, but volatility is likely this week.  Data from Capriole Investments indicated that OG Whale spent … Read more

VelaFi, a stablecoin-based financial infrastructure company under Galactic Holdings, has raised $20 million in a Series B round to support the expansion of its enterprise payments and settlement services across Latin America, the United States and Asia. According to Monday’s announcement, the round was led by XVC and Ikuyo, and brings the company’s total funding … Read more

Key points: Bitcoin could reach the $94,789 level, where the bears are expected to step in. Select major altcoins are showing strength, indicating that the recovery may continue for some more time. Bitcoin (BTC) bulls have pushed the price above $92,000, but higher levels may attract sellers. The net outflows of $1.37 billion from BTC … Read more

Cardano founder Charles Hoskinson said he doubts the US Digital Asset Market Clarity Act will pass this quarter and called on President Donald Trump’s crypto adviser, David Sacks, to resign. Hoskinson criticized the US approach to regulating crypto in an interview on Sunday with Bitcoin (BTC) enthusiast Scott Melker on The Wolf of All Streets … Read more

Bitcoin (BTC) is looking like the loser versus gold as precious metals top new all-time highs Monday. Key points: Bitcoin is not the debasement trade after years of loses against gold, analysis concludes. As precious metals hit all-time highs, BTC price action fails to rebound. Gold starts grilling the S&P 500, potentially shifting a years-old … Read more