NEW YORK — While BlackRock’s iShares Bitcoin ETF (IBIT) is among the most successful product launches in Wall Street history, the crypto market’s growing reliance on leverage could be doing long-term damage to bitcoin’s BTC$70,413.42 institutional appeal, according to Robert Mitchnick, head of digital assets… Read More
Crypto is no longer just an asset class, it is also an ever-more critical part of financial infrastructure, says Steve Kurz, Galaxy Digital’s (GLXY) global head of asset management and co-head of digital assets In “The Great Convergence,” the company’s 2026 investment outlook, Kurz sets… Read More
Elon Musk’s social media platform X is set to soon let users trade stocks and cryptocurrencies directly from their timelines as the company pushes deeper into financial services. The upcoming features, described by the company’s head of product, Nikita Bier, will include “Smart Cashtags.” These… Read More
Institutional interest in crypto is accelerating even as markets fluctuate, according to Sui executives at Consensus Hong Kong 2026. Stephen Mackintosh, chief investment officer of Sui Group Holdings, called 2025 a “landmark year for institutional adoption,” pointing to the boom in digital asset treasury (DAT)… Read More
Bitcoin BTC$69,448.61 has clawed its way back above $70,000, recovering from a sharp drop near $60,000 earlier in the month. The cryptocurrency is up nearly 5% in the last 24-hour period, while the broader CoinDesk 20 (CD20) index rose 6.2% in the same period. The… Read More
The current impasse over stablecoin yields in the U.S. Senate’s crypto market structure bill is now in writing, and the crypto side is holding the line on needing some forms of rewards for stablecoin users. A White House meeting between Wall Street bankers and crypto… Read More
