BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies
The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.
Financial
Financial
Hong Kong Exchanges and Clearing to Launch Crypto Index in November
The index will go live on Nov. 15.
Financial
MicroStrategy’s Current Premium Relative to Its Bitcoin Stack Is Unlikely to Last: Steno Research
The launch of options on spot bitcoin exchange-traded funds in the U.S. will reduce the incentives for investors to hold MicroStrategy stock over these ETFs, the report said.
Financial
Arthur Hayes’ Maelstrom Hedges U.S. Election Uncertainty With Staked USDe; Holds Large BTC, ETH Bullish Bets
“Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%,” Hayes told CoinDesk.
Financial
Bitcoin Has a Lot Going for It, Except the Persistent Slide in Copper-Gold Ratio
BTC’s best years have been characterized by copper’s outperformance relative to gold.
Financial
From Smuggling Gold Out of Africa to Bridging Bitcoin and Cardano
A longtime regular on the crypto scene, Sovryn and BitcoinOS founder Edan Yago learned the importance of financial sovereignty at an early age.
Financial
Crypto Rally Foiled by Report of DOJ Probe of Tether
Bitcoin appeared poised to make another run at $70,000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices tumbling.
Financial
Wall Street Financial Services Firm Lazard Plans to Create Tokenized Funds with Bitfinex Securities
Tokenization of conventional financial products is a booming sector within the digital asset industry, with BlackRock, HSBC and now Lazard among the küresel firms entering the space.
Financial
Netherlands Starts Consulting on Crypto Tax Reporting Bill
The bill would require crypto services to share their users veri with tax authorities.
Financial
Tokenized Treasuries Like Blackrock’s BUIDL Will Challenge Stablecoins But Won’t Fully Replace Them: JPMorgan
Tokens such as BUIDL are at a regulatory disadvantage to stablecoins due to their classification as securities, the report said.