BJ Peter Schiff, one of Bitcoin’s most vocal critics, took the stage at the Bitcoin 2025 conference on Thursday and didn’t hold back. During a fiery conversation with journalist Natalie Brunell at the Venetian Convention Center in Las Vegas, the longtime gold advocate dismissed the Bitcoin BTC community as “a giant cult” and said the digital … Read more
In today’s Crypto for Advisors, Fabian Dori, Chief Investment Officer at Sygnum Bank, explores why crypto is more than just an asset class and looks at the institutional adoption of decentralized finance. Then, Abhishek Pingle, co-founder of Theo, answers questions about how risk-adverse investors can approach decentralized finance and what to look for in Ask … Read more
This week, at the World Digital Mining Summit, bitcoin BTC rig manufacturer Bitmain unveiled its latest mining rig, the Antminer S23 Hydro. Scheduled for release in early 2026, the machine offers an energy efficiency of 9.7 joules per terahash (J/TH), a new benchmark in mining technology. For context, the first dedicated bitcoin ASIC miner launched … Read more
U.S.-listed spot crypto exchange-traded funds (ETFs) saw strong net inflows Wednesday, with both ether ETH and bitcoin BTC products continuing to draw investor interest despite declines in underlying asset prices, investment bank JPMorgan (JPM) said. U.S. spot ether ETFs logged an estimated $84 million in net inflows on May 28, as investor interest held firm … Read more
Tokenization platform the BPX Exchange was added to the U.K.’s crypto register on Thursday, the first new addition since April and only the third this year, according to the Financial Conduct Authority’s (FCA) website. The company, a digital securities exchange for investment funds, will now be able to reach out and offer its services to … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3264.85, up 2.0% (+63.87) since 4 p.m. ET on Wednesday. Nineteen of 20 assets are trading higher. Leaders: UNI (+6.2%) and NEAR (+5.7%). Laggards: AAVE (+0.0%) and BTC (+1.2%). … Read more
Telegram has secured $1.7 billion by issuing five-year convertible bonds, aiming to refinance existing liabilities and push out repayment deadlines. The messaging app, which now counts over 1 billion users, will use $955 million of the new funds to buy back bonds maturing in 2026, Bloomberg reports. The remaining $745 million gives the company fresh … Read more
CANTO, the native token its namesake’s layer-1 blockchain, experienced a volatile trading session on Thursday, rising by 250% before losing 60% of its value over the subsequent six hours. The platform had lost the majority of its TVL (total value locked) and trading appetite after a feverish launch last year that saw it reach a … Read more
Uniswap’s native UNI token has risen by 10% this week amid a wider altcoin market rally. The move comes as bitcoin BTC consolidates around $108,000 after setting a record high of $111,970 last week. UNI is currently trading at $7.04 after rising to as high as $7.63 at 03:35 UTC. It is currently testing the … Read more
Tether’s USDT token and the Tron blockchain network dominate the rapidly growing stablecoin payment industry, according analytics firm Artemis with help from investment firms Dragonfly and Castle Island Ventures. A report entitled “Stablecoin Payments from the Ground Up” looked at data from 31 stablecoin payment companies, and found USDT, the largest stablecoin, accounted for 90 … Read more
