Ex-Blackstone, Tether Execs Seek $1B to Build Multitoken Crypto Treasury: Bloomberg
A blank-check company backed by former Blackstone dealmaker Chinh Chu and Tether co-founder Reeve Collins is looking to raise $1 billion to build a publicly traded cryptocurrency treasury firm, Bloomberg reported citing sources familiar with the plans. The vehicle, M3-Brigade Acquisition V, plans to rebrand and use the cash to buy a basket of tokens […]
For Altcoin Whales Trading May be Easier on Bitget Than Binance, CoinGecko Research Finds
Crypto whales looking to trade large orders in Solana’s SOL SOL, dogecoin DOGE and XRP XRP might want to consider new research by Coingecko, which shows Bitget as the industry leader in altcoin liquidity, outpacing Binance. “CEX [centralized exchange] liquidity for the top 5 major crypto assets is generally healthy across various market depths, with […]
Crypto Custodian Taurus Launches First Stablecoin Contract With Privacy Features
Digital asset infrastructure firm Taurus, whose clients which include Deutsche Bank and State Street, has launched the first private stablecoin contract, targeting financial institutions and businesses who have been hesitant to use stablecoins for privacy concerns. Built on Aztec Network, a privacy-focused Ethereum layer-2 backed by a16z, the contract combines zero-knowledge privacy with compliance features […]
Rain, Toku Debut Stablecoin Payrolls for Workers in Over 100 Countries
Stablecoin-focused payments platform Rain has teamed up with Toku, a compliance provider for digital asset compensation, to bring real-time stablecoin payroll to global employers. The system allows companies to fund and settle payroll in stablecoins instantly and across borders, while meeting local labor and tax laws in more than 100 countries, the company said. At […]
Crypto Daybook Americas: Bitcoin Retreats From $108K, But Bulls Aren’t Done
By Omkar Godbole (All times ET unless indicated otherwise) Slowly, then suddenly. That sums up the adoption of bitcoin (BTC) and the wider cryptocurrency market by institutions. It started with Strategy, then called MicroStrategy, adopting BTC as a balance sheet asset in 2020. Now the head of the U.S. government agency overseeing Fannie Mae and […]
Bitcoin Illiquid Supply Climbs to Over 14M BTC, Reflects Strong HODL Trend
Bitcoin’s BTC illiquid supply has surged to 14.37 million BTC, jumping from 13.9 million BTC at the start of 2025, according to Glassnode data. With bitcoin’s current circulating supply standing at approximately 19.8 million, this means over 72 percent of all mined BTC is now classified as illiquid. Illiquid supply refers to the portion of […]
PEPE Slides 5% as Hype Fades Despite Elon Musk’s April Nod
Pepe (PEPE) PEPE, one of the most prominent meme coins, is struggling to hold investor interest, falling 4.7% over the past 24 hours to $0.000009499, according to CoinDesk Research’s technical analysis model. As for the broader memecoin sector, the CoinDesk Memecoin Index is down 3.87% in the past 24-hour period. The token’s sharp decline marks […]
Bitcoin’s Podium-Ready ‘Bull Flag’ Hints at Price Boom to $140K
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s BTC price chart is showing a well-formed “bull flag,” suggesting a potential breakout to new lifetime highs consistent with some traders’ expectations for a price rally to $140,000 and higher. BTC surged to a record high of nearly $111,900 […]
What’s Driving SEI Prices as Token Soars 50% in a Week
Sei’s native token, SEI SEI, has jumped more than 50% in the past week, beating all other top-100 tokens by market cap as analysts pointed to a “multifactor rally” behind the spike. “We think SEI just delivered one of the cleanest multi-factor rallies we’ve seen this year — up 45% intraday on 4x average volume. […]
Semler Scientific Trades at Premium to Bitcoin Holdings for First Time in Three Weeks
Semler Scientific (SMLR) is now trading at a premium to its bitcoin BTC holdings for the first time in three weeks, a signal the company may soon buy more of the largest cryptocurrency by market value. The premium, measured by the multiple net asset value (mNAV), is 1.149, the first time it’s been above parity […]