Markets news
-
Utah AG sues Kalshi, pursues profits from prediction market company
Derek Brown likened the prediction market company to a “public nuisance“ that was “causing a significant and substantial ongoing harm“ to state residents.
-
JPMorgan Puts a Number on Bitcoin for the First Time: 10% a Year, With a Big Caveat
J.P. Morgan Asset Management’s 2027 Long-Term Capital Market Assumptions project a 10% annual return for Bitcoin over 10 to 15 years, though the firm isn’t adding it to its main portfolio models.
-
Bitwise, Hyperliquid seek SEC rule changes for token trading, airdrops
The firms are seeking clearer guidance on the classification of crypto assets and secondary-market trading as the SEC’s public comment period comes to a close.
-
Bitcoin Treasury Strive Debuts New Preferred Stock With 15% Dividend
Bitcoin Magazine Bitcoin Treasury Strive Debuts New Preferred Stock With 15% Dividend Bitcoin treasury Strive’s preferred stock, SATS , is now trading on the Nasdaq, according to the company. The stock debuted Tuesday and will pay a 15% dividend every business day, according to an announcement....
-
JPMorgan issues first long-term bitcoin return forecast, projecting 10% annually
J.P. Morgan Asset Management's first long-term bitcoin forecast projects a 10% annual return but flags 55% volatility as a barrier to portfolio adoption.
-
Strive closes $630M SATS IPO, leaves Bitcoin allocation unspecified
The Bitcoin treasury company could acquire an estimated 7,372 BTC with its net proceeds, potentially surpassing Metaplanet’s holdings if it allocates the full amount.
-
Bitcoin Could Outperform Most Assets, JPMorgan Says — But the Bank Still Won’t Recommend It
Bitcoin Magazine Bitcoin Could Outperform Most Assets, JPMorgan Says — But the Bank Still Won’t Recommend It JPMorganChase ’s asset management division has said that while bitcoin is still too volatile to be recommended for strategic investors’ portfolios, the cryptocurrency could outperform most...
-
Utah Sues Kalshi and Susquehanna Firms to Halt Alleged Illegal Betting
The state seeks injunctions, restitution and profits, alleging that market makers helped sustain wagering despite Kalshi’s federal court defeat.... Read the full story at The Defiant
-
Zcash Leads Crypto Bounce, Surging 8.5% as Bitcoin Reclaims $83,000
Zcash jumped 8.5% in 24 hours to $1,215.85 as the broader crypto market rebounded, with Bitcoin up 1.6% and ETF money flowing back in.
-
Stablecoin transfers quadruple to $891B as US banks expand adoption: Report
Coinbase reports growing adoption by banks and businesses, even as stablecoin market capitalization remains largely unchanged over the past year.
-
What Is Strategy (MSTR)? The Bitcoin Treasury Company
Strategy’s co-founder Michael Saylor pioneered the Bitcoin treasury playbook. Here’s what you need to know.
-
Bitcoin price spikes to $83.3K as US stocks rise on Q3 earnings, oil falls
High US corporate earnings reports boosted stock markets and saw BTC price hit $83,300 before reversing at a 21-day trend line.
-
Gemini stock reaches record low, down 89% since IPO
The Gemini cryptocurrency exchange reached a record low closing price of $3.215 on Monday, an approximately 89% decline since its IPO, which was offered at $28. Gemini's last 10-Q stated that its revenue for the first half of 2026 was $95.7 million, an increase from the $68.6 million for that same...
-
Bitget to Buy Licensed Thai Exchange From Japan's GMO Internet
The Japanese seller disclosed the deal to the Tokyo Stock Exchange four weeks ago, with the price withheld at the buyer's request... Read the full story at The Defiant
-
Joe Lubin sells SharpLink after 94% stock collapse
Consensys, the software company controlled by Joe Lubin, has sold $48 million worth of SharpLink, the gambling marketing company-turned-ETH treasury stock that pumped 40x last year during a manic bubble in crypto treasury stocks . Lubin, who's also chairman of SharpLink, oversaw the sale of all 5.7...
-
Michael Howell: Bitcoin as the Apex Liquidity Asset
Bitcoin Magazine Michael Howell: Bitcoin as the Apex Liquidity Asset Gold or Bitcoin? Michael Howell says you need both. He calls Bitcoin “the most liquidity sensitive asset on the planet by far” and recommends a basket weighted by volatility, one where Bitcoin’s share grows as it becomes more...
-
Equity weakness could damp demand for bitcoin after biggest ETF inflows in a month
Your day-ahead look for Oct. 20, 2026
-
Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protection
Bitcoin slipped 0.5% to around $81,400 even after the biggest daily spot ETF inflow in nearly a month as South Korea's Kospi index fell 3.7% on AI worries.
-
XRP 30-day exchange inflows pass 6B tokens as whales move to the sidelines
More than 6 billion XRP reached exchanges tracked by CryptoQuant in the 30 days to Oct. 19, the most since March.
-
Live updates: Market jitters persist as the AI selloff deepens
South Korea’s KOSPI fell almost 4%, accompanied by one of the weakest IPO debuts in the country’s history, with data centre company Elice tumbling around 30%.
-
FINMA Approves First Swiss Retail Bitcoin ETF
The regulator granted an exemption from diversification rules while requiring custody safeguards and clear warnings about volatility and losses.... Read the full story at The Defiant
-
Bitget plans Thai crypto exchange acquisition weeks after $388M hack
The proposed acquisition would give Bitget a route into Thailand’s crypto market through a locally licensed operator.
-
South Korean IPO plunge deepens AI market jitters as brent tops $111
Elice’s debut slump added to concerns over AI infrastructure valuations, while rising oil prices compounded market uncertainty.
-
JPMorgan projects Bitcoin to outperform US stocks and gold over next decade
JPMorgan included Bitcoin in its long-term capital market outlook for the first time but warned that volatility and unstable correlations limit its role in investment portfolios.
-
Bitcoin ETFs just saw their biggest day in a month thanks entirely to BlackRock
Fidelity's FBTC and Grayscale's GBTC saw outflows of $83.6 million and $54.9 million, respectively.
-
BlackRock’s IBIT Bitcoin ETF draws $665 million inflow, highest since October 2025
Min Jung, associate researcher at Presto Research, said investors could be positioning for a potential 'catch-up trade' in bitcoin.
-
US Bitcoin ETFs draw $527M in biggest showing since September
BlackRock’s IBIT led the gains with $665.2 million in inflows, offsetting withdrawals from Fidelity and Grayscale, while other funds recorded no net flows.
-
Blockchain Association says Treasury’s GENIUS Act rollout needs clearer DeFi, foreign issuer rules
The group filed comments on Treasury's proposed rule implementing the GENIUS Act, which governs who can issue and sell payment stablecoins.
-
Aster Sets PAPER Perp Delisting After Transferability Decision
Paragon had already halted its PAPER market and settled open positions at $0.026296 after Papertrade ruled out token transfers for now.... Read the full story at The Defiant
-
Bitcoin rally could revive treasury buying, but easy-money days over
“A return to last year’s indiscriminate capital raising looks unlikely,” said Bitfinex head of derivatives Jag Kooner.