Tag: Report

Cantor plans $3B crypto venture with SoftBank, Bitfinex and Tether: Report

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Brandon Lutnick, chair of investment banking firm Cantor Fitzgerald, is reportedly partnering with SoftBank, Tether and Bitfinex to create a $3 billion crypto acquisition company. Lutnick and the consortium hope to create a publicly listed crypto acquisition company to capitalize on the market under crypto-friendly US President Donald Trump, and replicate Michael Saylor’s company Strategy, the Financial Times reported on April 23, citing three people who have been briefed on the plan. Cantor Equity Partners raised $200 million in January for the new firm called 21 Capital. At the same…

Korean mobile bank KakaoBank teams up with Coinone for real-time Bitcoin price tracking: report

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KakaoBank, a South Korean digital bank serving over 22 million users, is teaming up with Coinone to offer a new crypto price tracking feature. KakaoBank, South Korea‘s mobile banking application with dozens of millions of users, has expanded its services by launching a new crypto price inquiry tool, developed in collaboration with Korean crypto exchange Coinone. According to a Chosun Biz report on Tuesday, KakaoBank’s customers can now track real-time prices of such cryptocurrencies as Bitcoin (BTC) and Ethereum (ETH) directly within the KakaoBank app. A spokesperson for KakaoBank explained…

Hashprice Below $40? Mining Report Paints a Stark Picture for Bitcoin Miners

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Bitcoin miners face the tightest margins since 2023, warns theminermag.com’s Head of Research Wolfie Zhao, as hashprice flirts with critical break‑even territory. Trump Tariffs Add Jitters to Miners Already Hit by Rising Difficulty, Study Finds According to theminermag.com data compiled by Wolfie Zhao, hashprice temporarily fell below $40 per petahash per second in early April, […] Original

Crypto, DeFi may widen wealth gap, destabilize finance: BIS report

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The growing adoption of cryptocurrencies may pose risks to the traditional financial system and exacerbate wealth inequality, according to the Bank for International Settlements (BIS). In an April 15 report, the BIS warned that the number of investors and amount of capital in crypto and decentralized finance (DeFi) have “reached a critical mass,” with investor protection becoming a “significant concern for regulators.” The size of the crypto market signals that authorities should be worried about the “stability of crypto over and above the role it may have for TradFi and…

Binance in talks with countries to establish strategic Bitcoin reserves: report

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Once at the center of major enforcement actions, Binance now appears to be advising countries on creating strategic crypto reserves. Despite facing criminal charges in 2023, Binance now seems to be advising governments and sovereign wealth funds on how to create national strategic Bitcoin (BTC) reserves and set digital asset regulations, Binance CEO Richard Teng told the Financial Times. In a Thursday interview, Teng said that the exchange has received “quite a number of approaches by a few governments and sovereign wealth funds” on the establishment of “their own crypto…

Russia finance ministry official floats country making own stablecoins: Report

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A Russian finance ministry official has reportedly said the country should be developing its own stablecoin after a recent freeze on wallets linked to the sanctioned Russian exchange Garantex by US authorities and stablecoin issuer Tether.  Deputy director of Russia’s Finance Ministry’s financial policy department, Osman Kabaloev, said the Kremlin should be exploring the possibility of developing a stablecoin like Tether’s (USDT) to avoid similar actions in the future, according to April 16 reports by Reuters and the state-owned news agency TASS. “We do not impose restrictions on the use…

Bitcoin Faces Pressure As Report Flags Chinese Sell-Off Plans

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A new report by Reuters suggests that China may be looking to liquidate large stashes of confiscated Bitcoin, potentially exerting downward pressure on BTC’s price. Sources cited by Reuters…

Cryptoquant Report Flags Stalled Whale Accumulation, Miner Pressure Hits Bitcoin

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Wholesale bitcoin selling is cooling but not vanishing, Cryptoquant researchers write, as data flags a market tilted toward broad caution. Cryptoquant: Accumulation Rate Hits Two‑Month Lull Cryptoquant’s report observes that daily bitcoin ( BTC) outflows from large holders have retreated to 300,000 BTC, down from 800,000 BTC in late February, yet its analysts note the […] Original

Crypto market may stabilize in late Q2: Coinbase report

Coinbase has warned that crypto may be entering a new bear market, but it expects prices to find support between May and June, potentially setting up a stronger Q3. In its monthly report published on Apr. 15, Coinbase noted that the total crypto market cap, excluding Bitcoin (BTC), has fallen 41% from its $1.6 trillion peak in December 2024 to about $950 billion. At the same time, venture capital investment in crypto remains 50–60% below the highs seen during the 2021–2022 cycle. These developments, along with global tariffs and ongoing…