Crypto Forecasts
Bitcoin Magazine Bitcoin ETFs Add Over $1B as Investor Sentiment Turns Bullish Bitcoin exchange-traded funds have taken in over $1 billion in fresh cash over the past three days, helping propel the leading cryptocurrency to nearly $73,000. Just on Wednesday, investors bought over $500 million worth of shares in the funds managed by BlackRock, Fidelity,…
Riot Platforms has signed a long-term data center lease agreement tied to Anthropic, giving the Bitcoin miner another route into AI and high-performance computing as miners continue looking beyond block rewards. The company’s filing describes a 20-year lease agreement for 191 megawatts of critical IT capacity at its Rockdale campus. The deal carries total revenue…
Kraken’s payment app, Krak, has launched a multi-asset debit card in the US, allowing customers to spend crypto and fiat while earning up to 2% cashback in dollars or Bitcoin (BTC). The card supports more than 600 currencies and assets, with holdings converted into US dollars at point of sale. A single purchase can draw…
Sui price has been trading under significant selling pressure for quite some time, while bulls have managed to defend the support zone over the past few weeks. However, the selling pressure has intensified lately, dragging the token closer to its yearly lows. SUI is now hovering near the crucial $0.65–$0.68 support zone, putting bulls at…
Bitcoin Magazine Edelman Financial, Tudor Investment Reveal Significant Bitcoin Holdings Edelman Financial Engines has disclosed a $34 million position in spot Bitcoin ETFs — a stake that now exceeds some of the firm’s other holdings in major tech companies. While the position is still tiny in the investment advisor’s portfolio, it is still larger than…
Coinbase has launched futures, options, and perpetuals for professional clients in the United Kingdom, expanding its derivatives offering through its MiFID authorization. The rollout is not for UK retail users. Eligibility is limited to users classified as Professional Clients, which means they must meet criteria tied to trading activity, portfolio size, or relevant professional experience….
Key Takeaways More than 40 groups, including Coinbase, signed the Aug. 10 artificial intelligence (AI)-access letter. Bitcoin’s $1 trillion-plus ecosystem faces faster AI-assisted vulnerability searches. AI labs may respond to five requested access measures in the coming months. The Bitcoin Policy Institute published the open letter, titled “Defenders Need the Frontier,” on Aug. 10. Its…
Anchorpoint Financial, a Hong Kong-licensed stablecoin issuer, has added HashKey Exchange as an authorized distributor for its Hong Kong dollar stablecoin, HKDAP, potentially expanding access to the fiat-backed asset as Hong Kong’s regulated stablecoin market takes shape. The companies announced on Tuesday that the arrangement is part of a beta rollout allowing eligible institutions and…
The old traditional portfolio split is looking a little less fashionable in the era of youngsters these days. The data reflects younger investors looking beyond stocks and bonds, with alternatives like crypto’s taking a much larger slice of portfolios, according to Grayscale research. Alternatives Have Quietly Taken More Portfolio Space The global alternatives market has…
Bitcoin Magazine Trump Media Pulls Back From Crypto Deals: Report The President Donald Trump-backed media company, Trump Media and Technology Group, is pulling back from two of its crypto deals, according to a report by Axios. The publication reported Friday that the two deals with Crypto.com — a prediction market and treasury — would not…