Ether’s recent crash below $2,000 leaves $686 million gaping hole in trading firm’s book
The firm’s looped ETH long position unraveled this week as ether’s price crashed, resulting in an estimated $686 million loss.
BlackRock bitcoin ETF options errupt in crash: Hedge fund blowup or just market madness?
Options trading on BlackRock’s spot bitcoin ETF, IBIT, surged to a record 2.33 million contracts on Thursday as bitcoin crashed.
BlackRock bitcoin ETF options errupt in crash: Hedge fund blowup or just market madness?
Options trading on BlackRock’s spot bitcoin ETF, IBIT, surged to a record 2.33 million contracts on Thursday as bitcoin crashed.
Galaxy Digital shares jump 18% after company approves $200 million buyback
The repurchase plan follows a volatile earnings week and signals confidence in the firm’s balance sheet.
XRP price rockets 18%, staging wildest recovery among major tokens
The move came as bitcoin briefly rose over $70,000 in U.S. morning hours, reversing Thursday’s sharp declines ahead of the weekend.
Crypto’s eligibility for 401k retirement funds is under fire after brutal market rout wipes out $2 trillion
“401ks exist to help people save for a secure retirement, not gamble on speculative assets,” said an industry observer.
Russia’s largest bank, Sberbank, prepares to issue crypto-backed loans
Russia’s biggest bank said it plans to offer loans secured by cryptocurrency following a pilot deal with a mining firm, with legislation expected by...
Ondo wants to rebuild prime brokerage on-chain — and perps are the first step
Ondo showcases rapid growth in tokenized assets and unveils plans to turn that momentum into a full-stack on-chain financial services ecosystem at its summit.
Here’s what Wall Street analysts are saying about Strategy after massive Q4 loss
The numbers weren’t pretty, but the fourth-quarter loss does not signal a cash crunch or the necessity of bitcoin sales, say analysts.