Strategy (MSTR) won’t be forced to sell Bitcoin to stay afloat if its share price drops, and those who say otherwise are “just flat wrong,” says Bitwise chief investment officer Matt Hougan. “There is nothing about MSTR’s price dropping below NAV [net asset value] that will force it to sell,” Hougan argued in a note…
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Hua Xia Bank, a publicly traded financial institution linked to China’s government, issued 4.5 billion yuan ($600 million) in tokenized bonds on Wednesday, aiming to reduce clearing friction by removing intermediaries from the auction process. According to Sina, the onchain government bonds were issued by Hua Xia Financial Leasing, a subsidiary of Hua Xia Bank,…
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Ether (ETH) has outperformed Bitcoin (BTC) in terms of price action and exchange-traded fund (ETFs) flows this week, reinforcing the capital rotation narrative. Over the past two weeks, the spot ETH ETFs recorded $360 million in net inflows versus BTC’s $120 million, signaling a shift in investors’ preference for the time being. Key takeaways: Spot…
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A panel featuring gold advocate Peter Schiff and Binance co-founder Changpeng “CZ” Zhao at Binance Blockchain Week highlighted the challenges of verifying physical gold, after Schiff was unable to confirm whether a gold bar presented to him was genuine. The debate centered on whether tokenized gold or Bitcoin (BTC) is a better store of value…
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Bitcoin (BTC) entered the new month with a statistical headwind it has never overcome: every time November ended in the red, BTC struggled to turn bullish in December. Yet this year’s structure looks materially different, with momentum, liquidity rotation, and cycle deviations pushing against what has been a 100% bearish seasonal setup. Bitcoin returns in…
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The International Monetary Fund (IMF) released a comprehensive report on the potential impact of the growing stablecoin market and the adequacy of global regulations in handling it. In the “Understanding Stablecoins” report released on Thursday, the IMF analyzed the various approaches regions, including the United States, the United Kingdom, Japan and the European Union, had…
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Twenty One Capital, a Bitcoin-focused financial company led by Jack Mallers, expects its shares to begin trading on the New York Stock Exchange next week following the completion of its merger with Cantor Equity Partners, a special purpose acquisition company. The announcement on Thursday followed shareholder approval of the deal at Cantor Equity Partners’ meeting,…
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The US Commodity Futures Trading Commission has given approval for spot cryptocurrency products to trade on federally regulated futures exchanges. In a Thursday notice, Acting CFTC Chair Caroline Pham said the move was in response to policy directives from US President Donald Trump. She added that the approval followed recommendations by the President’s Working Group…
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Bitcoin (BTC) slipped from the 2025 yearly open into Thursday’s Wall Street trading session as markets reacted to US jobs data. Key points: Strong US labor-market data fails to dent hopes of a December Fed rate cut. Crypto continues to diverge from stocks amid predictions of a strong finish to 2025 for the latter. Bitcoin…
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The European Commission has proposed expanding the powers of the European Securities and Markets Authority (ESMA) over crypto and broader financial markets in a bid to narrow the competitive gap with the United States. Published Thursday, the package would transfer “direct supervisory competences” for key pieces of market infrastructure, including crypto-asset service providers (CASPs), trading…
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