News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Falls Below $80,000 Amid Rising Inflation in the U.S.
Bitcoin's price has fallen below $80,000, coinciding with rising inflation in the U.S. and significant outflows from institutional products.
Elena Volkov4 min - News
MetaMask Developer Delays IPO Until Fall
ConsenSys, the developer of MetaMask, has postponed its IPO plans until fall due to unfavorable market conditions, joining other crypto firms in delaying public offerings.
James Park3 min - Crypto
DFDV Increases Solana Reserves to $325 Million
DeFi Development Corp. (DFDV) has increased its Solana reserves to $325 million, despite reporting a net loss of $83.4 million due to a significant drop in Solana's price.
Daniel Kim1 min - News
Bitcoin Supporter Kevin Warsh to Lead the Federal Reserve
Kevin Warsh has been confirmed as the new chair of the Federal Reserve, succeeding Jerome Powell, and is known for his supportive stance on Bitcoin.
Marcus Reid1 min - News
BlackRock COO: Binance Will Play a Key Role in Market Tokenization
BlackRock's COO Rob Goldstein and Binance leaders discussed the future of finance, emphasizing the role of stablecoins and market tokenization at the Binance Online conference.
James Park3 min - Crypto
21Shares Launches First Hyperliquid-Based ETF
21Shares has launched the first ETF based on Hyperliquid, offering access to its native token without direct purchase, alongside a leveraged fund.
Aisha Patel1 min - News
Ledger Delays IPO Amid Market Instability
Ledger has postponed its IPO indefinitely due to challenging market conditions, as reported by CoinDesk. The company is exploring private funding options.
Sarah Chen1 min - Crypto
Kelp and Aave Begin Asset Recovery After $292 Million Hack
Kelp and Aave are recovering assets after a $292 million hack, aiming to restore 117,132 rsETH within two weeks and enhance security measures.
Aisha Patel1 min - News
Metaplanet and Upexi Report Losses Due to Cryptocurrency Revaluation
Metaplanet and Upexi report significant losses due to cryptocurrency revaluation, with Metaplanet's net loss at $725.6 million and Upexi's at $109.3 million.
James Park2 min - Crypto
High Inflation in the U.S. Spooks Bitcoin Traders
Rising inflation in the U.S. has led to a significant drop in Bitcoin derivatives, with open interest falling by nearly $1.25 billion as traders adopt a cautious approach.
Marcus Reid2 min - Crypto
Charles Schwab Launches Bitcoin and Ethereum Trading
Charles Schwab has launched direct trading for Bitcoin and Ethereum on its Schwab Crypto platform, marking a significant expansion in its services.
James Park1 min - Crypto
Analysts Predict Bitcoin's Exit from Bear Phase
Analysts are optimistic about Bitcoin's potential to exit its bear phase, citing market dynamics and institutional interest despite recent volatility.
Sarah Chen3 min