In today’s crypto for advisors, Todd Bendell from Amphibian Capital breaks down bitcoin yield products as a strategy to grow bitcoin holdings beyond price appreciation. Then, Rich Rines, an initial Core DAO developer, provides guidance to Bitcoin developers in Ask an Expert. Exclusive event alert for financial advisors: Join CoinDesk [...]
Novel decentralized finance (DeFi) protocol Neutrl aims to bring a hedge fund trade — once limited to sophisticated investors — to the masses in the form of a crypto token. The protocol is launching its NUSD "synthetic dollar" token, designed to generate returns by arbitraging discounted altcoin deals in over-the-counter [...]
Healthcare technology firm Semler Scientific has reached a tentative settlement agreement with the U.S. Department of Justice (DOJ), disclosing in a Tuesday filing that it was prepared to pay a $29.75 million fine in order to settle all claims tied to potential violations of a federal anti-fraud law related to [...]
Matt Cole, CEO of Strive Asset Management, fresh from persuading video retailer GameStop to convert some of its cash reserve into bitcoin (BTC), wrote to urge financial software developer Intuit (INTU) to reverse what he described as "censorship policies" and an “anti-bitcoin bias” that could jeopardize long-term shareholder value. In [...]
It’s a big week for those of us tasked with making the case for bitcoin and crypto as an investable asset class. While global markets have been ugly, unpredictable and fragile of late, digital assets held steady with moderate volatility. Bitcoin was up ~ 5% and the CoinDesk 20 Index [...]
Bitcoin (BTC) mining profitability fell 7.4% in March, investment bank Jefferies said in a research report Friday. The drop was due to a 11.2% decline in the average bitcoin price and a 9.1% drop in transaction fees, the report said. U.S.-listed miners mined 3,534 bitcoin in March versus 3,002 in [...]
Bitcoin (BTC) proponent Michael Saylor has hinted the company he co-founded, Strategy (MSTR), may be set to announce an additional BTC purchase this week shortly after revealing it expects a net loss in the first quarter of the year over unrealized losses on its massive BTC holdings. The company has [...]
Bitcoin (BTC) proponent Michael Saylor has hinted the company he co-founded, Strategy (MSTR), may be set to announce an additional BTC purchase this week shortly after revealing it expects a net loss in the first quarter of the year over unrealized losses on its massive BTC holdings. The company has [...]
World Liberty Financial, the crypto venture backed by U.S. President Donald Trump’s family, purchased $775,000 worth of SEI tokens as its altcoin accumulation strategy keeps going. The move was funded with USDC transferred from the project’s main wallet to a trading wallet that has been used in prior altcoin buys, [...]
Luxor Technology wants to make bitcoin mining easier. That’s why the firm has rolled out a panoply of products (mining pools, hashrate derivatives, data analytics, ASIC brokerage) to help bitcoin miners, large and small, develop their operations. Aaron Forster, the company’s director of business development, joined in October 2021, and [...]