BJ Crypto traders are betting big on ether ETH in the wake of the recent rally. Last week, block traders, typically institutions and large players, executed bull call spreads on ether, purchasing the $3,500 call options while simultaneously shorting an equal number of calls at the $6,000 strike, both set to expire on Dec. 26. Traders … Read more
Kraken is rolling out regulated crypto derivatives trading in Europe, compliant with the European Union’s Markets in Financial Instruments Directive (MiFID II). The crypto exchange’s perpetual and fixed maturity futures contracts will now be available for retail and institutional customers in the European Economic Area (EEA), the firm said on Tuesday. Permission to trade crypto … Read more
Disclaimer: The analyst who wrote this report owns shares of Strategy (MSTR). Strategy’s (MSTR) perpetual preferred stock, STRK, achieved the largest proceeds from its weekly at-the-market (ATM) issuance since the program started in February, according to X account DogCandles, raising $59.7 million that was used to buy more bitcoin BTC, according to a Monday SEC … Read more
Government entities increased their holdings of Strategy (MSTR), a bitcoin BTC proxy, in the first quarter according to new data from the U.S. Securities and Exchange Commission (SEC), investment bank Standard Chartered (STAN) said in a research report on Tuesday. In some cases “MSTR holdings by government entities reflect a desire to gain bitcoin exposure … Read more
Energy management firm KULR (KULR) has expanded its bitcoin treasury to more than 800 tokens, with the purchase an additional $9 million worth of BTC. The latest acquisition — made at an average price of $103,234 each — brings the total amount KULR has spent on the cryptocurrency to $78 million. This continues the company’s … 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 3147.53, down 0.7% (-22.88) since 4 p.m. ET on Monday. Four of 20 assets are trading higher. Leaders: AAVE (+9.8%) and HBAR (+0.7%). Laggards: LTC (-6.1%) and FIL (-2.9%). … Read more
True Markets, a new decentralized finance (DeFi) trading platform focused on stablecoin-native execution, has launched its mobile app on Solana and closed an $11 million Series A, bringing total funding to $20 million, the company said in a press release Tuesday. The funding round was co-led by Accomplice and RRE Ventures, with participation from Reciprocal … Read more
By Omkar Godbole (All times ET unless indicated otherwise) The big story in financial markets is not just global bond-market jitters, it’s also bitcoin’s (BTC) stability above $100,000. BTC has held above that level for 11 straight days after jumping sharply from around $75,000 in early April. Some might interpret that as a sign of … Read more
The Shiba Inu token has demonstrated remarkable resilience despite broader market volatility, successfully breaking through key resistance levels while maintaining position above all major moving averages, according to CoinDesk Research’s technical analysis data model. Technical indicators suggest continued bullish sentiment, though short-term price action shows some consolidation after the recent gains. Market analysis reveals approximately … Read more
TokenFi, a sister project to Floki that focuses on real-world asset (RWA) tokenization, is set to tokenize the Floki Minibot M1 — an AI-powered robot built by Rice Robotics — marking what the team says is the first tokenization of a consumer AI robot. The move coincides with the launch of TokenFi’s RWA tokenization module … Read more
