French banking heavyweight BPCE is preparing to introduce crypto trading to millions of its retail customers, making it one of the first major traditional European banks to offer digital assets. According to a report from The Big Whale, the group will allow users to buy and sell Bitcoin (BTC), Ether (ETH), Solana (SOL) and USDC … Read more
Catching up to the steep decline in the price of Strategy (MSTR), Cantor Fitzgerald’s Brett Knoblauch cut his 12-month price target for Strategy (MSTR) to $229 from $560, citing a weaker environment for raising capital tied to bitcoin BTC$89,375.84. The new target still suggests nearly 30% upside from the current price of $180, with Knoblauch … Read more
A sprawling crypto-investment fraud network that stole and laundered more than 700 million euros ($815 million) has been dismantled following coordinated raids across Europe. The criminal group ran a slew of fake crypto-trading platforms that promised high returns through slick marketing campaigns, Europol announced on Thursday. Victims, drawn in by “sophisticated” ads, were funneled into … Read more
South Korea is preparing to impose bank-level, no-fault liability rules on crypto exchanges, holding exchanges to the same standards as traditional financial institutions amid the recent breach at Upbit. The Financial Services Commission (FSC) is reviewing new provisions that would require exchanges to compensate customers for losses stemming from hacks or system failures, even when … Read more
Stablecoins have had their ups and downs, but it’s clear they’re one of crypto’s biggest success stories so far. While Bitcoin may garner more of the headlines thanks to its constant ups and downs, stablecoins have emerged as the chief workhorse of the decentralized finance ecosystem, helping to shift more than $275 trillion worth of … Read more
With the Bank of Japan (BOJ) expected to hike rates next week, some observers are worried that the Japanese yen could surge, triggering an unwinding of “carry trades,” crushing bitcoin. Their analysis, however, overlooks actual positioning in the FX and bond markets, missing the nuance and far more likely risk that Japanese yields, by anchoring … Read more
The amount of Ether stored on centralized crypto exchanges is at an unprecedented low, which could result in a supply squeeze, say analysts. Ether (ETH) exchange balances fell to 8.7% on Thursday last week, the lowest they have been since the network launched in mid-2015. The amount of the asset held on exchanges remained low … Read more
Crypto asset management firm CoinShares (CS) said the digital asset treasury (DAT) bubble has largely burst, with some firms that traded at 3x to 10x their market net-asset value (mNAV) in summer 2025 now back to about 1x or below, in a sharp reset for a trade that once priced token treasuries like a growth … Read more
Bitcoin can no longer be compared to the “Tulip Bubble” due to its endurance and resilience over the years, according to Eric Balchunas, Bloomberg’s exchange-traded fund expert. “I personally would not compare Bitcoin to tulips, no matter how bad the sell-off,” said the senior ETF analyst on Sunday. Balchunas pointed out that the tulip market … Read more
The two largest publicly traded companies holding bitcoin, Strategy (MSTR) and MARA Holdings (MARA), have each fallen roughly 40% over the past six weeks. CoinDesk Research has extensively covered the MSTR correction, but MARA, which is down 55% year over year, is also attracting attention as some investors view it as inexpensive at current levels. … Read more