Cryptocurrency
Bernstein Sees Figure Q1 Proves Uniqueness of Blockchain Marketplaces
Bernstein analysts said Friday that Figure Technology Solutions’ first-quarter earnings report shows that the fintech is fast becoming a company that is unique among blockchain marketplaces.Figure’s May 11 earnings report soundly beat Wall Street estimates on both revenue and...
Cryptocurrency
Expert Warns 2-Year Nasdaq Bubble Phase Beginning, Urges Investors to Position Now
Key TakeawaysThis week, Clem Chambers told Kitco that the Nasdaq two-year bubble will be driven by AI spending and U.S. deficit money printing.Gold at $4,700 acts as the key signal for Trump’s Beijing summit outcome and Taiwan risk. Following...
Cryptocurrency
Michael Saylor Signals Weekly BTC Buy While Pushing STRC Proxy Vote
Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be buying more of the cryptocurrency in the week ahead while also encouraging retailer shareholders to vote on a proxy measure enabling semi-monthly dividend payouts on the...
Cryptocurrency
SBI, Rakuten, Nomura Preparing to Launch Crypto Investment Trusts in Japan
Japan’s major brokerages are preparing to bring crypto investment trusts to retail investors, with SBI Securities and Rakuten Securities already developing products in-house, while others like Nomura plan to enter the space once regulations are finalized.SBI Securities plans to...
Cryptocurrency
XRP Will Go ‘Higher, Much Higher,’ Analyst Says, Betting On Explosive Breakout
Tokenized US Treasury bonds sitting on the XRP Ledger have grown from $50 million to $418 million in roughly a year — an eightfold jump that is drawing fresh attention to Ripple’s blockchain network and renewing speculation about where...
Cryptocurrency
Bitcoin Slides Under $79K on Macro Fears: Is a Rebound Around the Corner?
While macro pain and Iran war uncertainty drag Bitcoin below $79K, fixed-income market outflows could trigger a medium-term Bitcoin rebound.Source link
Cryptocurrency
US CLARITY Act Will Be a ‘Boon For Domestic Innovation’: A16z
The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could have a positive ripple effect beyond the crypto sector itself, according to venture capital firm a16z crypto.“If the US provides builders with...
Cryptocurrency
Grayscale and Vaneck Both Update Spot BNB ETF Filings as US SEC Review Heats Up
Key TakeawaysGrayscale filed a 2nd amended S-1 for its BNB ETF on May 16 with the SEC.Vaneck updated its own competing BNB ETF application the same day, the first simultaneous dual amendment of this nature.Bloomberg’s James Seyffart said Grayscale’s...
Cryptocurrency
Bitcoin Treasury Co Strategy Announces $1.5B Convertible Note Buyback
Bitcoin treasury company Strategy announced on Friday that it will repurchase $1.5 billion in 0% convertible notes, due in 2029, retiring about half of the 2029 convertible note tranche’s total outstanding debt. Strategy entered into “privately negotiated transactions” with...
Cryptocurrency
Jump Crypto’s ‘Firedancer’ is taking a slow and steady approach to its long-awaited Solana infrastructure rollout
In an interview with CoinDesk, the lead engineer at Firedancer gives an update on how the new client, also known as a software, is fairing in the Solana ecosystem.
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Ukraine strikes cargo ships and admits Romania drone blast as Putin prepares for key speech
Earlier, Robert Brovdi, Ukraine's drone commander, announced that five "illegally loitering vessels" had been struck overnight in the ports...