Business

Business

Crypto companies, TradFi partnerships, funding rounds, and M&A(94 articles)

Historical Patterns Indicate Potential S&P 500 Downturn Ahead

The S&P 500 hints at a possible downturn, with historical indicators suggesting a significant plunge could be ahead, raising concerns among investors.

John Nada•Feb 14

Business

Coinbase's $667M Loss: Implications for ETF Custody and Market Trust

Coinbase reports a $667 million loss, raising concerns about ETF custody stability. The report highlights the interconnectedness of trading performance and institutional trust.

John Nada•Feb 14

Business

Coinbase Shares Rally Despite Analysts Slashing Price Targets

Coinbase shares rose 12% despite analysts cutting price targets after a Q4 earnings miss. Analysts cite weak retail trading and macro challenges while noting long-term potential.

John Nada•Feb 14

Business

Ethereum ETF Investors Face $5 Billion in Losses Amid Market Decline

Ethereum ETF investors are facing significant losses amid a broader market downturn, highlighting the risks of concentrated exposure in volatile conditions.

John Nada•Feb 13

Business

Ethereum ETF Holders Face Greater Losses Than Bitcoin Peers Amid Market Weakness

Ethereum ETF holders are experiencing greater losses than their Bitcoin counterparts, highlighting disparities amid market pressures. The trend signals potential shifts in investor behavior.

John Nada•Feb 13

Business

Anthropic Secures $30 Billion Funding, Challenging AI Market Dynamics

Anthropic's $30 billion funding round marks a pivotal shift in the AI landscape, underscoring the intense competition and high costs of developing advanced technologies.

John Nada•Feb 13

Business

ARK Invest Expands Robinhood Stake Amid Bitcoin Dip Below $66K

ARK Invest has increased its stake in Robinhood as Bitcoin fell below $66,000, highlighting a strategic move amid market volatility.

John Nada•Feb 12

Business

BlackRock's Peach: 1% Crypto Allocation in Asia Could Unlock $2 Trillion

BlackRock's Nicholas Peach asserts that a 1% crypto allocation in Asia could drive nearly $2 trillion in inflows, reshaping the market landscape.

John Nada•Feb 12

Business

Cisco's Stock Plummets Despite Strong Earnings Report

Cisco's stock fell 7% despite beating earnings estimates, as lower guidance disappointed investors amid a strong push into AI infrastructure.

John Nada•Feb 12

Business

Robinhood Unveils Layer-2 Testnet Amid Ethereum Scaling Debate

Robinhood has launched its Ethereum layer-2 blockchain testnet, marking a pivotal moment in crypto integration, alongside institutional backing for LayerZero.

John Nada•Feb 11

Business

Bankman-Fried Accuses Biden DOJ of Witness Intimidation in Fraud Case

Sam Bankman-Fried claims the Biden DOJ intimidated witnesses in his fraud case, seeking a new trial based on this alleged misconduct.

John Nada•Feb 11

Business

Bitcoin and Ether Decline, Impacting Crypto-Related Stocks Amid Gold Rally

Bitcoin and Ether face declines affecting crypto stocks, while gold rallies. Institutional products from Spark aim to bridge offchain and DeFi markets.

John Nada•Feb 11

Business

Bankman-Fried Seeks New Fraud Trial, Citing New Witness Testimony

Sam Bankman-Fried requests a new trial on fraud charges, citing new witness testimony that could challenge his conviction. This case highlights ongoing regulatory concerns in crypto.

John Nada•Feb 10

Business

Bitcoin ETFs Experience Rebound with Strong Institutional Inflows

Bitcoin ETFs see a rebound with $145 million in fresh inflows, hinting at stabilizing institutional demand amid market volatility.

John Nada•Feb 10

Business

SoftBank Shares Surge 10% Amid Telecom Unit Profit Boost

SoftBank Group shares jumped over 10% after its telecom arm raised profit outlook. Renewed optimism around Arm Holdings bolstered this bullish sentiment.

John Nada•Feb 10

Business

Trump's Bitcoin Reserve Order Lacks Support and Mechanism

Despite Trump's order for a bitcoin reserve, no federal mechanism exists for purchases. Speculation from Cramer fails to align with the current regulatory landscape.

John Nada•Feb 9

Business

Galaxy Digital Approves $200 Million Buyback, Shares Surge 18%

Galaxy Digital's share buyback plan of up to $200 million boosts investor confidence, with shares rising significantly after the announcement.

John Nada•Feb 9

Business

ARK Invest Sells $22M in Coinbase Shares, Increases Bullish Stake

ARK Invest has sold $22 million in Coinbase shares while increasing its stake in Bullish, signaling a notable shift in its investment strategy.

John Nada•Feb 8

Business

Bitfarms Transforms into Keel Infrastructure, Shifts Focus to AI

Bitfarms rebrands as Keel Infrastructure, focusing on AI data centers and relocating to the U.S. This shift reflects a significant strategic pivot in its operations.

John Nada•Feb 8