Jim Chanos is Buying Bitcoin and Shorting Strategy Investor Jim Chanos says Strategy overvalued and is backing bitcoin directly in a long-short strategy * Jim Chanos is long bitcoin and short Strategy, betting on the valuation gaps. * Strategy trades at a premium due to its leveraged bitcoin holdings, he argued. * Chanos
Banks Exploring Stablecoin Amid Fears of Losing Market Share, BitGo Executive Says BitGo’s stablecoin-as-a-service has drawn significant interest from U.S. and international banks, Ben Reynolds said. * Interest among institutions to issue their own stablecoins is growing—not to innovate, but to avoid being outpaced by crypto-native competitors, BitGo&
Ether is edging closer to the $2,700 mark while Dogecoin has surged by 9%, adding to the overall positive vibe in the cryptocurrency market. The total crypto market capitalization experienced a minor dip, yet optimism and investments continue to flow in, especially with altcoins showing bullish movements. Both Ether
Cantor Equity Partners Reveals Acquisition of $458 Million in Bitcoin A recent disclosure by Cantor Equity Partners unveils their acquisition of $458 million worth of Bitcoin. The transaction, executed through Tether, took place at an average price of $95,320 per BTC. According to blockchain data, the tokens were transferred
DeFi Savings Protocol Sky Records $5 Million Loss in Q1 Due to Surging USDS Interest Payments In a surprising turn of events, the DeFi savings protocol Sky faced a $5 million loss in the first quarter, a significant decline from the substantial $31 million profit recorded in the previous quarter.
Donald Trump Jr. has adamantly dismissed the rumors of a memecoin associated with Truth Social, branding such claims as false and the work of scammers. World Liberty Financial, a decentralized finance project connected to the Trump family, echoed this by confirming that there are no plans for a new cryptocurrency
Coinbase Stock Surges 8% Following S&P 500 Inclusion Announcement In a significant move, Coinbase, a leading cryptocurrency exchange, saw its stock value rise by more than 8% after trading hours on Monday. The surge came in response to the news that Coinbase's shares are scheduled to
Leemon Baird's Vision for Hedera's Technological Innovation and the Future of AI At Consensus 2025, Leemon Baird, the co-founder of Hedera, shared his insights on the groundbreaking advancements in technology that he believes will dwarf even the impact of the Industrial Revolution. In an interview with
South Koreans are showing a strong interest in XRP and dogecoin (DOGE), signaling a resurgence of risk-taking behavior among speculative traders. The surge in trading these alternative cryptocurrencies is attributed to the improving sentiment around the U.S.-China trade situation and anticipation of potential interest rate cuts. Retail traders
Bitcoin's decentralized finance (DeFi) security is on the rise thanks to Rootstock's increase in hashrate share. Rootstock, an established layer-2 project, is playing a significant role in making DeFi on Bitcoin more secure and cost-effective, according to a recent report by Messari. Rootstock now boasts 81%
Bitcoin's decentralized finance sector is experiencing enhanced security and efficiency with Rootstock boosting its share of the hashrate. According to a recent Messari report, Rootstock is pivotal in making DeFi on Bitcoin more robust and cost-effective. Rootstock now benefits from being backed by a significant 81% of Bitcoin&
Over the weekend, Bitcoin surged close to $105,000 propelled by a wave of positive global developments. President Trump expressed optimism following trade discussions with China, leading to a surge in cryptocurrency prices during the early evening hours in the U.S. The upbeat market sentiment was influenced by various