Analysts, led by Gautam Chhugani, argued that short-term correlations between Bitcoin and assets like gold or the Nasdaq are misleading. Bernstein pointed out that between ETF holdings and corporate treasuries, nearly 9% of Bitcoin’s total supply is now locked up. Chhugani noted that current momentum from corporations and institutions alone could push Bitcoin to new…
Coinbase Asset Management is preparing to introduce the Coinbase Bitcoin Yield Fund (CBYF) on May 1. According to an April 28 statement, Coinbase described CBYF as a conservative investment strategy that seeks to generate annual net returns between 4% and 8% over a typical market cycle. The fund is designed to offer international institutional investors…
[PRESS RELEASE – Dubai, UAE, April 28th, 2025] Backed by Deus X Capital, Solstice will debut USX this summer alongside a native yield protocol launching with over $100M in committed TVL, bringing permissionless delta-neutral returns to Solana from day one. Solstice Labs, an onchain asset manager backed by $1 billion digital asset investment firm Deus…
What to know: Altcoins have lagged Bitcoin year-to-date, but BNB price shows relative resilience, trading only 10% lower than the previous cycle’s all-time high. BNB Chain shows a robust activity, consistently ranking third in daily transactions, active addresses, and TVL, while leading in the number of DApps. The blockchain’s weakest point is its revenue, which…
NEXO token’s price jumped nearly 9% on Monday, April 28, 2025. Gains came amid news that Nexo is relaunching in the United States market. The crypto lender exited in 2022. Nexo’s native token, NEXO, has seen a notable price surge following the company’s announcement of its return to the United States market. According to CoinMarketCap,…
In what many see as a sign of Bitcoin’s deepening foothold among institutional investors, spot BTC exchange-traded funds (ETFs) recorded a staggering $3.06 billion in net inflows last week. This dramatic surge, unfolding between April 21 and April 25, marks the second-largest weekly performance by the ETFs ever since they were approved by the U.S….
Political bettors on Polymarket and other platforms are paying attention to Canada as the nation heads to the polls. As the country’s 45th election comes to a close, a contract asking bettors to predict who will be Canada’s next Prime Minister gives the Liberal Party’s Mark Carney a 78% chance, and the Conservatives’ Pierre Poilievre…
Tether’s tokenized gold product, XAUT, has released its first official attestation, showing that its total backing amounts to 246,523.33 ounces, equivalent to more than 7.7 tons of gold. According to an April 28 statement, XAUT is priced at $3,123.57 per token and has a total market capitalization of $770 million. The token reached an all-time…
Did AI write the sentence that you’re reading right now? Did AI create the photograph you just saw online? Was the shocking, controversial story that tipped an election actually real, or AI-fueled misinformation? These are questions Clara Tsao has wrestled with for years, ranging from protecting national security (where she was the CTO of a…
Strategy (formerly MicroStrategy) currently owns an astounding 538,200 Bitcoin after it added a massive 379,800 $BTC in just the last six months. On average, the company has been acquiring 2,087 $BTC per day – a rate that far exceeds the current daily production rate of 450 $BTC, which comes to 13,500 $BTC per month. In effect,…
