HashKey’s Trading Boom Can’t Outrun Mounting Losses Hong Kong’s crypto market has been buzzing with activity, and right at the center is HashKey, a major player with eyes on a blockbuster IPO. Despite seeing a surge in trading volumes that would make any traditional exchange green with envy, the company is struggling to turn all…
Bitcoin Stumbles as Japanese Bond Yields Soar Bitcoin holders woke up to a rude surprise as short-term Japanese bond yields rocketed to their highest point since 2008. The spike in yields pumped up the Japanese yen, triggering a wave of volatility across crypto markets, especially during the fast-paced Hong Kong trading hours. Leveraged crypto traders…
Is mNAV Hiding the Real Risks for Bitcoin Treasury Companies? The head of research at NYDIG is sounding the alarm on a key financial measurement used by major bitcoin-holding companies. Market Net Asset Value, or mNAV, has been widely adopted as the go-to metric for evaluating bitcoin treasury portfolios, but according to NYDIG’s research lead,…
Méliuz Makes a Bold Move: Bitcoin Over Bonds Brazilian fintech company Méliuz is shaking up the financial scene by swapping out traditional government bonds in favor of a bitcoin-based treasury strategy. Inspired by the high-profile playbook of Metaplanet, Méliuz secured a decisive 66% shareholder approval to roll out this bold plan—staking its future on digital…
Tether Takes a Hit: S&P Global Drops USDT’s Rating Tether, the world’s most widely used stablecoin, just found itself under the microscope after S&P Global sharply downgraded its USDT stablecoin to its lowest score last Wednesday. The move sent shockwaves across the crypto community, sparking heated debates online and fueling speculation about the future of…
BlackRock’s Bitcoin ETF Breaks Records and Rakes in Billions BlackRock, the world’s largest asset manager, has made a massive splash in crypto markets with its US-listed spot bitcoin ETF, IBIT. Launched in January 2024, IBIT has soared to an eye-popping $70 billion in assets—making it the fastest-growing ETF debut in history. Hundreds of millions in…
BlackRock’s Bitcoin ETF Rockets to the Top—But What’s Next? BlackRock has just shattered records with its US-listed spot bitcoin ETF, IBIT. Launched in January 2024, this financial juggernaut has already amassed a jaw-dropping $70 billion in assets. The result? Hundreds of millions in fees pouring into BlackRock’s coffers, making the IBIT the company’s number one…
BlackRock’s Bitcoin ETF Becomes a Wall Street Powerhouse Wall Street just got a major crypto shakeup, and at the center of the storm is BlackRock’s US-listed spot bitcoin ETF, IBIT. Launched in January 2024, IBIT has skyrocketed to a jaw-dropping $70 billion in assets—setting a record pace and leaving traditional investment products in the dust….
BlackRock’s Bitcoin ETF Breaks Records and Rakes in Big Money It’s official: BlackRock’s US-listed spot Bitcoin ETF, known as IBIT, is making waves like never before. Since its launch in January 2024, IBIT has rocketed to a jaw-dropping $70 billion in assets, smashing records along the way. This phenomenal growth has turned IBIT into a…
The Whiz Kid Behind the Trading Curtain Denis Dariotis might not be old enough to rent a car, but he’s already steering a billion-dollar-a-day crypto trading operation. As the founder and CEO of GoQuant, a cryptocurrency-focused trading software startup, Dariotis got his start in digital markets before most kids had swapped their piggy banks for…
