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Crypto

Scott Bessent Visits Bitcoin Bar Pubkey In Washington

Scott Bessent Visits Bitcoin Bar Pubkey In Washington

4 weeks ago by Crypto InsightsCrypto

The Bitcoin community lit up on Thursday after US Treasury Secretary Scott Bessent made an unannounced appearance at the launch of Washington’s new Bitcoin-themed bar, Pubkey. “Having the Secretary of the Treasury at the Pubkey DC launch seems like a moment I could easily look… Read More

Tether’s Gold Hoard Surges to 116 Tons, Rivals Small Central Banks

Tether’s Gold Hoard Surges to 116 Tons, Rivals Small Central Banks

4 weeks ago by Crypto InsightsCrypto

Investment bank Jefferies said the recent surge in gold prices can’t be explained by traditional drivers alone and points instead to Tether as a major new buyer. Attestation data and on-chain activity show that the stablecoin issuer has accumulated substantial bullion in recent months, tightening… Read More

Ripio $100M Crypto Treasury Includes BTC and ETH

Ripio $100M Crypto Treasury Includes BTC and ETH

4 weeks ago by Crypto InsightsCrypto

Latin American cryptocurrency exchange Ripio has revealed it holds a crypto treasury valued at over $100 million, making it the second-largest publicly known such firm in Latin America behind OranjeBTC. The company’s CEO Sebastian Serrano confirmed the figure in an interview with CoinDesk during DevConnect… Read More

Abu Dhabi Sovereign Wealth Fund Tripled BTC Bet Before Market Drawdown

Abu Dhabi Sovereign Wealth Fund Tripled BTC Bet Before Market Drawdown

4 weeks ago by Crypto InsightsCrypto

Al Warda Investments, an investment vehicle overseen by the Abu Dhabi Investment Council (ADIC), more than tripled its holdings of BlackRock’s iShares Bitcoin Trust ETF (IBIT) in the third quarter as bitcoin BTC$91,630.84 headed toward October’s record high. The 230% increase took its investment to… Read More

Market Turns Defensive as BTC Loses Its Bid

Market Turns Defensive as BTC Loses Its Bid

4 weeks ago by Crypto InsightsCrypto

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin… Read More

Crypto Prices and Stocks Tumble as Withering Rate Cut Hopes

Crypto Prices and Stocks Tumble as Withering Rate Cut Hopes

1 month ago by Crypto InsightsCrypto

Markets are further dialing back expectations for another interest rate cut this year after the Bureau of Labor Statistics said it won’t release jobs data for October and the November report will be delayed until after the Federal Reserve’s December. Traders on the Chicago Mercantile… Read More

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