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Financial News

Why machine-to-machine payments are the new electricity for the digital age

Why machine-to-machine payments are the new electricity for the digital age

3 weeks ago by Crypto InsightsCrypto

We are moving toward an economic system in which software and devices transact with one another without human involvement. Instead of simply executing transactions, machines will be able to make decisions, coordinate with each other and purchase whatever they need in real time. Sensors and… Read More

Ether’s crash leaves $686 million gaping hole in trading firm’s book

Ether’s crash leaves $686 million gaping hole in trading firm’s book

3 weeks ago by Crypto InsightsCrypto

An ether ETH$2,026.32 bull was caught leaning hard into the upside this week as the cryptocurrency tanked, turning the whale bet into a multi-million dollar horror story. That bull is Trend Research, a trading firm headed by Liquid Capital founder Jack Yi. The firm spent… Read More

How options on the BlackRock bitcoin ETF may have worsened crypto meltdown

How options on the BlackRock bitcoin ETF may have worsened crypto meltdown

3 weeks ago by Crypto InsightsCrypto

BlackRock’s spot bitcoin BTC$70,226.10 exchange-traded fund has been a massive hit since launch, pulling in billions from investors seeking exposure to the cryptocurrency without the hassle of crypto wallets or exchanges. Traders and analysts religiously track inflows into the fund to gauge how institutions are… Read More

Galaxy Digital shares jump 18% after company approves $200 million buyback

Galaxy Digital shares jump 18% after company approves $200 million buyback

3 weeks ago by Crypto InsightsCrypto

Shares of Galaxy Digital (GLXY) jumped 18% to $19.90 on Friday after the company approved a share repurchase program of up to $200 million, giving it authority to buy back its Class A common stock over the next 12 months. The buybacks may be executed… Read More

The record breaking stats from BTC’s capitulation on Thursday signal a bottom is near

The record breaking stats from BTC’s capitulation on Thursday signal a bottom is near

3 weeks ago by Crypto InsightsCrypto

Bitcoin’s BTC$68,713.65 Feb. 5 collapse will go down as one of the most historic selloffs on record. Below are the key statistics that help define the event and indicate how much further there may be to fall. The bitcoin price started the day near $73,000… Read More

Jefferies sees few signs of a BTC bottom yet flags upside for tokens with fundamentals

Jefferies sees few signs of a BTC bottom yet flags upside for tokens with fundamentals

3 weeks ago by Crypto InsightsCrypto

Jefferies says the latest crypto selloff shows few signs of an imminent bottom, even as bitcoin and ether hover near levels that have historically drawn dip buyers. In a research note this week, the bank described the downturn as a liquidity-driven correction rather than a… Read More

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