Cryptocurrencies analysis

What if the future of the dollar depended on… blockchain?

Bitcoin remains stable, stablecoins circulate. And this may be where the real monetary revolution is taking place: in utility, not speculation. We discuss this in this Crypto Analysis, after the...

HSG, Jane Street among investors in Kraken's September fundraising, sources say

Apollo Global Management, Oppenheimer, Jane Street and HSG, formerly known as Sequoia Capital China, invested in crypto exchange Kraken's recent funding round that valued the company at $15 billion,...

Has bitcoin already peaked, or is one last surge ahead?

Bitcoin's four-year cycle is nearing its climax. Analysts are split: will BTC mount one final rally before year-end, or has October's $126K high already marked the top?

Canada fines crypto dealer record C$176.9 million for money laundering

TORONTO -Canada's anti-money laundering regulator said on Wednesday it had imposed a C$176.9 million fine on money services business Xeltox Enterprises Limited, the largest-ever penalty doled out by...

State-run gold body has boosted Ghana's foreign reserves, central bank chief says

JOHANNESBURG -Ghana's central bank has rebuilt its foreign reserves to the equivalent of four and a half months of import cover after they were nearly depleted during a 2022 economic crisis, Governor...

Laos plans to pull plug on crypto miners by early 2026

KUALA LUMPUR -Laos is considering halting electricity supply to cryptocurrency miners by the first quarter of 2026, as it seeks to redirect domestic power to industries that contribute more to...

Kraken signs $100 million deal for Small Exchange to bulk up US derivatives business

Crypto heavyweight Kraken said on Thursday it has acquired futures exchange Small Exchange from IG Group for $100 million, paving the way to launch a fully U.S.-based derivatives suite. ...

When AI runs out of power, the connection is called Bitcoin

Megawatts are becoming scarce everywhere, with AI devouring everything. In this energy bottleneck, one player knows how to profit: Bitcoin miners. We discuss this in this Crypto Analysis, after the...

BoE will only lift planned stablecoin cap when confident no threat

LONDON -The Bank of England will only remove proposed caps on the quantity of stablecoins individuals and businesses can hold when it is confident they do not pose a threat to financial stability. ...

India cenbank does not target any specific rupee level, governor says

India's central bank does not target any price level on the rupee, governor Sanjay Malhotra reiterated at an International Monetary Fund and World Bank event on Wednesday. The rupee has...

October 10th flash crash: what caused the largest liquidation event in crypto

A record $19B in crypto liquidations exposed deep flaws in market plumbing and showed how thin liquidity and one exchange's flaws can turn a macro shock into a global crash.

The Bitcoin spot ETF is BlackRock's most profitable product

In its 21 months of existence, BlackRock's iShares Bitcoin Trust has outperformed all of the company's other ETFs: nearly $100bn in assets, approximately $245m in annual fee income… and a rate of...

Bitcoin, ether drop as US-China tensions flare up, erasing Monday's gains

NEW YORK -Bitcoin and ether tumbled on Tuesday as U.S.-China tension ramped up, wiping out a rally the day before that was fueled by President Donald Trump's conciliatory trade remarks. ...

IMF warns of rising odds of 'disorderly' global market correction

WASHINGTON -Global markets are too comfortable with risks, including trade wars, geopolitical tensions and yawning government deficits, which, combined with already overpriced assets, increase the...

UK regulator backs 'tokenised' funds to attract younger investors

LONDON -Britain's financial regulator set out plans on Tuesday to encourage asset managers to tokenise their funds on blockchain, in a bid to attract younger investors. Under the...

After record crypto crash, a rush to hedge against another freefall

NEW YORK -Following the largest crypto liquidation in history last Friday, options market investors are bracing for more volatility and further declines in bitcoin and ether, aggressively positioning...

Will Strategy become this bitcoin cycle's black swan?

Michael Saylor's Strategy, a leveraged bitcoin powerhouse, now faces the question of whether its intricate financial engine will withstand or ignite this cycle's bear market.

The NYSE is betting big on Polymarket

ICE, the parent company of the NYSE, is preparing to invest $2bn in Polymarket-the crypto betting platform that turns news into prices. Launched in 2020 with simple yes/no bets, the platform is aiming...

Softbank's PayPay buys 40% stake in Binance's Japanese subsidiary

SoftBank-backed payments app operator PayPay has acquired 40% equity stake in Binance Japan, the Japanese subsidiary of Binance said on Thursday. ...