Category: Bitcoin

Securitize reported record quarterly revenue as the tokenization platform continues to move toward an eventual public listing through its proposed SPAC merger with Cantor Equity Partners II (CEPT), underscoring growing institutional demand for tokenized real-world assets despite continued profitability pressures. The Miami-based company reported Wednesday that first-quarter revenue rose 39% year-over-year to $19.5 million, the…

Bitcoin Bitcoin$77,172.49 Deribit has about $6.25 billion worth of options expiring on May 29, and position data shows $75,000 and $80,000 as key levels to watch. The $75,000 puts have the highest concentration, with a notional value of $394 million, while the $80,000 calls are dominated by $532 million. The maximum pain price (i.e. the…

SpaceX formally confirmed plans to go public on Wednesday, setting the stage for what could be the largest initial public offering in history and one that could propel CEO Elon Musk into becoming the world’s first trillionaire. The rocket and satellite internet company filed an S-1 registration statement with the U.S. Securities and Exchange Commission,…

Cryptocurrency markets showed signs of cautious recovery on Thursday, with Bitcoin Bitcoin$77,640.65 Ethereum (ETH) is trading at $77,900, up from Tuesday’s low of $76,100, and Ethereum (ETH) is trading at $2,130, up just 0.1% since midnight UTC. The altcoin industry remains a mixed bag. While Hyperliquid (HYPE) posted its fifth consecutive day of gains, rising…

The Federal Reserve has taken another step toward a special limited payments account that would offer its established banks a simplified version of the central bank’s master account services, opening a comment period on an updated description of the new account. Companies with multiple business models can use such accounts to clear and settle payments…

Nvidia (NVDA) reported another blockbuster quarter on Wednesday, as demand for artificial intelligence infrastructure pushed revenue, profits and cash flow to record levels. FactSet data showed that the chipmaker’s first-quarter revenue was US$81.62 billion, an increase of 85% from US$44.06 billion in the same period last year and higher than Wall Street’s expectations of US$78.9…

Trading giant IG (IGG), which started offering cryptocurrency trading in the UK a year ago, said it plans to expand the service across Europe, without giving a specific time frame. The European arm of the London-listed investment platform will use cryptocurrency exchange Bitpanda’s infrastructure, including liquidity, trading connections and market data, to provide European investors…

Prediction markets provider Polymarket on Wednesday applied to list cash with interest in U.S. sports contracts, according to a self-certification filing with the Commodity Futures Trading Commission. Polymarket filed on Wednesday to list “combination outcome contracts,” describing these event contracts (the official term for prediction markets) as combining two or more underlying contracts. Additionally, all…

Bitcoin’s Bitcoin$77,545.45 The recovery from the February lows, which looks like a new bull run, hit a brick wall at the 200-day simple moving average (SMA) above $82,000 last week. The price has since fallen back to $77,500, a move reminiscent of 2022 when a 43% rally on the same metric failed to materialize before…