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Financial News

Ripple CEO stays bullish on bitcoin but says Saylor’s strategy has hurt crypto

Ripple CEO stays bullish on bitcoin but says Saylor’s strategy has hurt crypto

4 months ago by Crypto InsightsCrypto

Ripple CEO Brad Garlinghouse said he remains bullish on bitcoin but that Michael Saylor’s approach to funding bitcoin purchases has damaged the broader crypto market, in a CNBC interview on Friday, as the preferred stock at the center of Strategy’s model fell to a record… Read More

Aave, Solana lead crypto price gains as bitcoin (BTC) steadies near $60,000

Aave, Solana lead crypto price gains as bitcoin (BTC) steadies near $60,000

4 months ago by Crypto InsightsCrypto

Bitcoin BTC$60,140.05 found some footing around $60,000 on Friday after this week’s selloff, but the biggest gains came from decentralized finance (DeFi) and the Solana ecosystem. Leading the advance was the native token of Aave AAVE$95.42, the largest DeFi lending protocol, which jumped 19% over… Read More

Surging U.S. IPO market still falls short of bubble territory: Goldman Sachs

Surging U.S. IPO market still falls short of bubble territory: Goldman Sachs

4 months ago by Crypto InsightsCrypto

The pullback marks a sharp reversal from expectations at the start of 2026, when many industry executives anticipated a wave of crypto listings following successful IPOs by Circle (CRCL) and CoinDesk’s owner Bullish (BLSH). Crypto investors also worry that this year’s blockbuster AI-related IPOs are… Read More

Majors lead a broad crypto selloff as tech stocks tumble

Majors lead a broad crypto selloff as tech stocks tumble

4 months ago by Crypto InsightsCrypto

South Korea’s Kospi tumbled as much as 9%, triggering its second trading halt of the week, as chipmakers SK Hynix and Samsung both fell more than 8%. Nasdaq 100 futures fell 1.5%. Brent crude slipped below $74 a barrel, easing little of the pressure, after… Read More

Invesco, $2.5T asset manager, files for tokenized fund targeting stablecoin reserves

Invesco, $2.5T asset manager, files for tokenized fund targeting stablecoin reserves

4 months ago by Crypto InsightsCrypto

Invesco’s move is another sign of asset managers increasingly chasing a new business opportunity created by stablecoins. These cryptocurrencies are designed to maintain a fixed value, typically tied to one U.S. dollar, and are backed by reserve assets such as cash and short-term Treasuries. As… Read More

Forget max pain. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry

Forget max pain. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry

4 months ago by Crypto InsightsCrypto

Bitcoin’s BTC$61,622.70 price drop ahead of Friday’s quarterly options settlement has once again cast doubt on the popular “max pain theory.” The max pain level for this expiry stands at $72,000, significantly above current spot prices of around $61,700. On Friday at 8:00 ET, options… Read More

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