Deflation, Concerns of Risk Assets & SEC Trouble for Cryptos
Higher interest rate rumours lead to market woes, whilst emerging market bonds outperformed. The dollar strengthens but oil prices rise and gold prices fall. China's economy showed signs of slowing recovery with falling prices and exports.
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Bye Bye Blockhead Business, Hello brn
Blockhead Business takes a giant leap forward as BRN, a sophisticated research platform designed to empower institutional investors with actionable insights and a strategic edge in the dynamic digital asset landscape.
Fed Tells Markets - No Rate Cut in March, Deal With It
This week's financial digest explores the global markets' adjustment to the mantra of "higher for longer" interest rates, amid robust US economic data challenging rate cut expectations. The focus shifts to hedge funds' windfall from catastrophe bonds and the USD's resurgence to pre-Fed pivot levels
Multi-Factor Dangers of Crypto's Billion-Dollar "Restaking" Bet
Restaking is drawing significant attention, with platforms like EigenLayer drawing over $3 billion in ETH and token derivatives from speculators, alongside millions from investors chasing early adopter airdrops. However, the resurgence of speculative investment chasing high rewards raises concerns.
Important Arbitrage Trade Closes in the Spot Bitcoin ETF Era
The launch of 11 spot Bitcoin ETFs in the US has led to a 24% drop in open interest for Bitcoin futures, signaling a shift in investor preference from futures to direct crypto holdings.
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Bitcoin vs. Gold: Is It All Over for the Yellow Metal?
Gold has experienced a significant pullback, down over 8% from its all-time high, as the US election results reduced political uncertainty and raised confidence in the economy. The Fed's cautious stance on rate cuts has made the non-yielding metal less attractive, while boosting assets like Bitcoin.
BitGo Launches Singapore Subsidiary to Boost APAC Services
With its Major Payment Institution License granted by the Monetary Authority of Singapore (MAS) in August 2024, BitGo Singapore is positioned as a key player in addressing the region’s growing demand for institutional-grade digital asset infrastructure.
MicroStrategy Ups Bitcoin Bet: $2.6B Convertible Notes Sale Amid Soaring BTC Prices
Michael Saylor, the company’s chairman, has been a strong advocate for Bitcoin, believing its value will continue to rise. With over $40 billion in Bitcoin assets, MicroStrategy’s stock has surged, becoming the most traded in the U.S.
China Expels Former Digital Currency Chief Yao Qian Amid Crypto Corruption Scandal
Accused of using his regulatory powers for personal gain, Yao allegedly accepted bribes in crypto, engaged in financial misconduct, and misused his position to benefit specific technology providers. His case has been referred for criminal prosecution.