InstitutionalSpaceX and Tesla weigh a merger holding 30,221 BTC
Musk confirmed SpaceX and Tesla are assessing a combination. Together they hold 30,221 BTC. What is known about the deal and why bitcoin traders care.
InstitutionalMusk confirmed SpaceX and Tesla are assessing a combination. Together they hold 30,221 BTC. What is known about the deal and why bitcoin traders care.
MarketsJPMorgan Asset Management expects 10% a year from bitcoin, ahead of stocks and gold, with a range from minus 9.7% to plus 17%.
InstitutionalBlackRock asks the SEC to approve PBIT, an IBIT options fund with a 10% loss buffer and capped gains. IBIT drew $665 million on Monday.
StablecoinsUSD1 market cap fell from $4.43 to $4.02 billion on redemptions across Ethereum and BNB Chain. The price held near a dollar.
InstitutionalJPMorgan is extending its JPM Coin deposit token to Ethereum. Only approved institutional clients can use it for payments and settlement.
RegulationBroadcom, Verizon and UnitedHealth blocked trading of their shares on OKXICE. How the setup works and why issuers push back.
MarketsExchanges force-closed $51.6M of chip-stock bets while Wall Street was shut. How these contracts work and why prices had nothing to be checked against.
StablecoinsA BIS paper finds a 1 basis point rise in bank deposit rates cuts ten-week stablecoin growth from about 15% to 12%.
MarketsBitcoin fell under $80,000 after hot US inflation, and liquidations hit $948M in a day. The levels and dates the market is watching.