Coindesk

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR).Strategy (MSTR), formerly MicroStrategy, is the largest issuer of U.S. convertible bonds in 2025, according to their recent post on X. "Strategy is the largest convertible bond issuer again in 2025. Year to date, we represent 30% of the U.S. convertible market, powered by Bitcoin". Year-to-date, the company has issued $2 billion in convertible bonds. For context, the total U.S. convertible debt market currently stands at approximately $280 billion, according to an X post by btc_overflow. In Strategy's post, it shows their six convertible debt offerings outstanding with a total notional value of $8.2 billion. These convertible bonds have an average weighted maturity of 5.1 years and a coupon...

Asset manager Bitwise has unveiled an exchange-traded product (ETP) tracking bitcoin (BTC) and gold.The Bitwise Diaman Bitcoin & Gold ETP (BTCG), which commenced trading on Euronext Paris and Amsterdam on Thursday, replicates the Diaman Bitcoin and Gold Index.The index dynamically reallocates value between BTC and gold, depending on the risk-adjusted performance of bitcoin, thus taking advantage of cyclical trends between risk-on and risk-off behavior in financial markets.While bitcoin is often described as a form of digital gold, it often tracks risk assets like tech stocks rather than the yellow metal.For example, gold ascended to record highs in February amid concerns about U.S. President Trump's tariff plans. BTC, on the other hand, fell nearly 17%.Source link

Emirates NBD, the bank owned by the government of Dubai, is starting to offer crypto trading through its digital banking subsidiary Liv. Liv is allowing customers to buy and sell cryptocurrencies in its new app Liv X, according to an emailed announcement on Thursday.Dubai has been establishing itself as a crypto hub over a number of years, offering reasonably clear rules for firms to obtain licensing. This has seen major exchanges such as Binance, Crypto.com and OKX win approvals.Against this backdrop, the Dubai government's own bank has made the move to offer crypto trading.Liv is offering its crypto service using infrastructure operated by Aquanow, a digital asset platform licensed by Dubai's Virtual Assets Regulatory Authority (VARA). Standard Chartered-backed Zodia is...

Bitcoin rose above $92,000 in Asian morning hours Thursday, with majors jumping as much as 5%, as traders await the first-ever White House Crypto Summit scheduled for Mar.7 for cues on future positioning.BTC rose to $92,700 before profit-taking saw it decline to $90,800 in European morning hours. Dogecoin (DOGE) surged as much as 10% to lead gains among majors, with Cardano’s ADA, Solana’s SOL and ether (ETH) rising 6%. XRP and BNB Chain’s bnb showed muted gains with a 2.5% jump, underperforming a 3.5% rise in the CoinDesk 20 (CD20).Thursday’s price action helped buoy bulls after crypto markets roller-coasted this week as President Donald Trump revealed plans for a strategic reserve of tokens, including XRP, ADA and ETH, on Sunday,...

Crypto custody specialist Fireblocks has unveiled a cyber security offering to help firms comply with the Europe’s Digital Operational Resilience Act (DORA), which came into force in the European Union (EU) in January 2025.Cyber security is a running battle, particularly for crypto companies that are relatively more susceptible to attacks and financial losses than traditional financial firms. This was evidenced by the recent large-scale, malicious hack of leading crypto exchange Bybit.“One of the challenges for relatively small crypto firms and fintech companies is that DORA does not differentiate between these sorts of firms and large banks and financial institutions,” said Alex Jilitsky, Cyber GRC Director at Fireblocks. “It essentially says you need to be more resilient, not only to cyber...