Market Analysis

Tesla books $112 million crypto paper loss as digital assets fall to $674 million

The crypto market slump wiped $112 million from Tesla’s pretax second-quarter results. The unrealized loss reduced earnings for common stockholders by $87 million after...

BitMEX shutdown gives traders 2 months to withdraw, but active positions face an earlier deadline

BitMEX, the Seychelles-based crypto exchange founded by Arthur Hayes, announced on July 23 that it will shut down at 04:00 UTC on Sept. 23....

BlackRock Says That Bitcoin Has Advantage Against Quantum

BlackRock, the world’s biggest asset manager, has chimed in on the crypto-quantum debate — and is surprisingly optimistic. The firm, which manages...

ICE And OKX Form Joint Venture To Connect NYSE Infrastructure With 120 Million Crypto Users

Intercontinental Exchange and OKX announced Monday the formation of a 50/50 joint venture designed to bridge regulated traditional market infrastructure with the...

Bitcoin Price Rises Above $65,000 As ETF Outflows Slow

Bitcoin price climbed above $65,000 Monday morning, caught between a sixth straight week of spot ETF outflows, a hawkish Federal Reserve debut, and a...

Strive (ASST) Acquires 759 More Bitcoin For $50 Million

Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 759 bitcoin between June 15 and June 21 at an average cost of...

Bitcoin Mining Costs Have ‘Worsened’ As BTC Trades Below Production Cost

Bitcoin has traded below the estimated cost to mine it for five straight months, according to JPMorgan analysts, leaving roughly one in five miners...

Prediction Market Kalshi Eyes IPO As Revenue Hits $2 Billion

Kalshi, the prediction markets platform that has become the dominant force in U.S. event contracts, is in informal talks with investment banks...

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Tesla books $112 million crypto paper loss as digital assets fall to $674 million

The crypto market slump wiped $112 million from Tesla’s...

BitMEX shutdown gives traders 2 months to withdraw, but active positions face an earlier deadline

BitMEX, the Seychelles-based crypto exchange founded by Arthur Hayes,...

BlackRock Says That Bitcoin Has Advantage Against Quantum

BlackRock, the world’s biggest asset manager, has...

$460 billion Bitcoin risk draws BlackRock, Coinbase and Strategy into $15M quantum defense mission

BlackRock, Coinbase and Strategy are backing a $15 million...
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