A deputy governor of the Bank of England (BOE) played down concerns the U.K. is slipping behind other jurisdictions in introducing regulatory regimes for stablecoins, saying the rules will be in effect “just as quickly as the U.S.,” Bloomberg reported on Wednesday. “Our aim is to make sure that our regime is up and running, … Read more
In today’s “Crypto for Advisors” newsletter, Jennifer Rosenthal from the DeFi Institute breaks down decentralized finance and surveys investors in the space. Then, in “Ask an Expert”, Sam Boboev from Fintech Wrap Up provides insights into the trends he’s seeing with DeFi and AI. – Sarah Morton Demystifying DeFi As we mark another anniversary of … Read more
For every buyer there’s a seller, and in 2025 those sellers have been especially active. Bitcoin has mostly traded sideways, fluctuating within roughly a 20% range around $100,000 since the start of 2025. The prevailing narrative is that “OGs” or long-term holders have been offloading coins. That’s true, but how much bitcoin has actually changed … Read more
With the federal government continuing in shutdown mode, there continues to be a dearth of official economic statistics, including the all-important monthly Nonfarm PayRolls Report, which plays a large role in informing the Federal Reserve’s monetary policy. It’s thus elevated the status of some lesser-followed reports and at least one is flashing a major red … Read more
Aave’s Horizon market, the DeFi protocol’s institutional-grade platform for real-world assets (RWAs), is getting a major boost as Securitize and VanEck bring their tokenized treasury fund, VBILL, to the platform. The integration, powered by Chainlink’s NAVLink oracle technology, represents another leap forward in bridging traditional finance and decentralized finance (DeFi) together. Since launching in August, … Read more
Chinese automotive transaction service platform Cango (CANG), which pivoted to bitcoin BTC$103,064.19 mining on year ago, plans to strengthen is footing in this area as well as entering the artificial intelligence (AI) high-performance computing (HPC) market. Cango said it will prioritize optimizing its bitcoin mining business by improving uptime and improving the energy efficiency of … Read more
Strive (ASST), an asset management company building a bitcoin BTC$102,571.06 treasury, is looking to raise $160 million after upsizing the initial public offering of 2 million of its Variable Rate Series A perpetual preferred stock (SATA) and pricing it at $80 per share. The offering, scheduled to close on Nov. 10, was increased by 750,000 … Read more
Bitcoin BTC$103,064.19 is holding around $103,000 having rebounded from Wednesday’s sub-$100,000 level. The CoinDesk 20 Index (CD20) is up 1.8% in 24 hours. Still, the largest cryptocurrency remains in a technical downtrend from the Oct. 6 record high of $126,000, having formed a lower high at $116,000 as well as consecutive lower lows. The altcoin … Read more
Contrarian bulls might be taking some heart as at least one well-followed analyst is throwing in towel on his hefty year-end price target for bitcoin BTC$103,188.72. “While bitcoin’s structural investment case remains strong, cyclical dynamics have evolved,” Alex Thorn, head of research at Mike Novogratz’s Galaxy Digital, wrote in a Wednesday morning note to clients. … Read more
BNB Chain’s native token, BNB, held steady above $950 after dropping 0.6% in 24 hours. The token last traded at $952, showing resilience in the face of wider market volatility; the CoinDesk 20 (CD20) index fell 1.6% in the same period. After opening at $957.70, BNB dipped to a low of $891.84 before recovering. Buyers … Read more