“Moving assets onchain is only the first step,” said Bitget CEO Gracy Chen. “The bigger question is how efficiently that capital can work once it is there.” The IMF’s message is that while the use case is real, the market is still nascent. It said… Read More
“People were keenly aware, like me, they were bulled up because it was ‘go’ time,” Connors said. “We were going to go to that $250,000 to $300,000, $400,000 level using previous cycles.” Instead, the market turned against them. “The movement was obviously not onchain data.… Read More
Altcoins left behind For altcoins, the picture is reversed. In CoinDesk Research’s basket of altcoins, dollar depth was greatest on Jan. 1, 2025, and has been lower on each date measured since. Depth at 5% from the price is down about a third since the… Read More
“The big proposition is access,” co-founder Bhau Kotecha told CoinDesk in an interview. Gold lending has historically required scale and relationships unavailable to many investors, he said. Kotecha sees demand from individuals, family offices and institutions, with borrowing against PAXGy a possible next step. Lending… Read More
Alexander S. Blume, co-founder and CEO of Two Prime, an SEC-Registered Investment Advisor, pointed to one especially popular version of that trade, called call overwriting. Investors sell call options on bitcoin they already own, giving up some of the upside in exchange for steady income… Read More
Wallets linked to the U.S. government moved 12,267 bitcoin BTC$81,429.31, worth about $1.01 billion, on Thursday, according to data provided by blockchain intelligence firm Arkham. The coins left a wallet holding funds seized in the 2016 Bitfinex hack and went to a new, unlabeled address,… Read More
