Author: boss

NYSE Parent ICE Explores Potential Collaboration With Decentralized Exchange Hyperliquid

boss

Key Takeaways ICE CEO Jeff Sprecher recently praised Hyperliquid, hailing the platform as bigger than Nasdaq. The CME and ICE lobbied the CFTC last month over Hyperliquid’s mammoth daily oil trading volume. Sprecher confirmed multiple meetings with the Hyperliquid team over the past month, suggesting a potential collaboration. Wall Street Giants Shift From Lobbying to Exploring Decentralized Finance Speaking at the Bernstein Annual Strategic Decision Conference, the head of the company that owns the New York Stock Exchange (NYSE), Sprecher revealed that he has held multiple meetings with the Hyperliquid…

OKX Ventures, KIS to Buy 19.6% Stake in Coinone For $106M

boss

South Korean crypto exchange Coinone said Korea Investment & Securities (KIS) and OKX Ventures agreed to invest a combined 160 billion won ($106 million) for a 19.6% stake in the platform. The investment, which remains subject to regulatory approval, would make KIS and OKX Ventures joint third-largest shareholders in Coinone behind CEO Myung-Hun Cha and existing backer Com2uS Holdings, according to a release shared with Cointelegraph.  The transaction combines secondary share purchases from existing holders with newly issued shares, while Cha is expected to remain Coinone’s largest shareholder and retain…

Arca CIO Warns Strategy’s Bitcoin Bet Has ‘Gotten Out Of Hand’

boss

Arca CIO Jeff Dorman warned that Strategy’s Bitcoin-heavy balance sheet has entered a more dangerous phase, arguing that the company, Bitcoin holders and its preferred shareholders are now locked in a difficult capital-structure tradeoff. In a May 28 post on X, Dorman said he is “not in Saylor’s inner circle,” but argued that the MSTR story has “gotten so out of hand” that the company’s recent moves now look increasingly hard to reconcile with a stable long-term financing plan. His central concern is not simply Strategy’s Bitcoin exposure, but the…

Cardano Millionaire Wallets Reach Highest ADA Holdings Since 2017

boss

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Strategy sends $30M in Bitcoin to Coinbase as MSTR stock slides

boss

Strategy has transferred more than 411 Bitcoin to Coinbase Prime, a move that has drawn attention after recent comments from company executives about potential BTC sales and a pause in fresh purchases. Summary Strategy transferred 411.48 Bitcoin worth about $30.3 million to Coinbase Prime, according to Lookonchain data. The transfer comes after Michael Saylor said Strategy could sell some Bitcoin as part of its capital management strategy. MSTR stock has fallen nearly 22% since May 11 as the company paused Bitcoin purchases and focused on debt repurchases. According to blockchain…

Bitcoin and gold signal a global break from the dollar, Fidelity says

boss

Fidelity Digital Assets says Bitcoin and gold are showing signs of a shift away from dollar-based systems. Summary Fidelity says Bitcoin toll claims and gold demand show pressure on dollar-based settlement systems globally. Iran’s insurance proposal adds uncertainty as state-linked media publicly denies active crypto toll collection claims. USDT freezes recently pushed Bitcoin settlement debate higher, while Fidelity says BTC outperformance has lagged. The firm made the statement in its “Six Key Trends Shaping Digital Assets in 2026” report. Fidelity said there is “growing evidence” that countries are testing payment…

Bitcoin Tests Critical Support As Bearish Signals Point To $60,000

boss

Bitcoin (BTC) is at a pivotal level as geopolitical tensions rise and bearish setups emerge, prompting some analysts to warn of a potential 15% correction if a critical support area doesn’t hold. Related Reading Bitcoin Eyes Channel Support For Next Move Following news of renewed US strikes against Iranian targets, Bitcoin dropped roughly 5% from $76,000 to a one-month low of $72,589. At the start of the week, the cryptocurrency had been trading between $77,000-$78,000 after recovering from last week’s pullback. However, the growing geopolitical tensions have pushed the price…

Paxos Wins SEC Clearing Agency Registration

boss

Blockchain infrastructure platform and stablecoin issuer Paxos says it has become the first “blockchain-native” firm that the US Securities and Exchange Commission has granted registration as a clearing agency. Paxos said on Thursday that its subsidiary, Paxos Securities Settlement Company, has become “the only blockchain-native firm” that the SEC approved to provide clearing and settlement services as a central securities depository in the US. The approval represents a “critical piece of financial market infrastructure” as blockchain technology and traditional capital markets continue to converge, the company added.  Clearing agencies ensure…

Dogecoin (DOGE) Can’t Catch A Break—Bears Keep Swinging

boss

Dogecoin started a recovery wave above the $0.0980 zone against the US Dollar. DOGE is now facing hurdles near $0.1010 and might struggle to continue higher. DOGE price started a recovery wave from $0.0965 and climbed above $0.0990. The price is trading below the $0.10 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.1010 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.1010. Dogecoin Price Faces…

Crypto Faces Nearly $1 Billion In Liquidations As Bitcoin, Ethereum Crash

boss

Data shows the crypto derivatives market has suffered a massive amount of liquidations following the plunge that Bitcoin, Ethereum, and other assets have seen. Bitcoin & Ethereum Are Both Down More Than 5% For The Past Week The second half of May so far has seen a reversal of trend for the cryptocurrency sector, and the trajectory doesn’t appear to be changing as the month draws to a close. Over the last 24 hours, Bitcoin and other digital assets have seen another retrace, resetting the market by many weeks. As…