Crypto News

By James Van Straten (All times ET unless indicated otherwise)Bitcoin's (BTC) flirt with a record high $124,000 on Thursday was followed by a drop that led to it closing last weekend's CME gap at $117,600 after hotter-than-expected PPI inflation data and Treasury Secretary Scott Bessent’s apparent flip-flop on bitcoin purchases for a strategic reserve.The gap occurs because CME hours for BTC futures don't match bitcoin's 24/7 trading. When the futures market is closed over the weekend, bitcoin's movements can create a discontinuity in prices on the CME chart. While filling the gap is a recurring pattern in market behavior, there's not guarantee it will take place.Bitcoin has now set four all-time highs in 2025. Importantly, the magnitude of pullbacks following...

U.S. stock exchanges have been welcoming a steady stream of publicly traded companies ever since names like Canaan and Coinbase stepped onto the Wall Street scene a few years ago. This week, Bullish made its Wall Street debut with an initial public offering (IPO) that’s already delivered a 101.7% gain in value. Bullish IPO SoarsSource link

Disclaimer: The analyst who wrote this article owns shares in Strategy.Bitcoin’s risk-adjusted performance continues to stand out, with a Sharpe ratio of 2.15, the highest among major assets. This means that, relative to its volatility, bitcoin has delivered exceptional returns over the historical period. Strategy (MSTR), which maintains significant bitcoin exposure through corporate holdings, follows closely with a Sharpe ratio of 2.00, reflecting similarly strong performance. A Sharpe ratio of 2 means an asset has delivered twice the excess return over the risk-free rate for every unit of volatility taken, which is considered excellent in risk-adjusted performance terms.For context, several large-cap tech names are clustered around a Sharpe ratio of 1.0. The data is current as of Aug. 14, for...

Executed through convertible notes, WiseLink says the deal comes as a “golden window” for Bitcoin as a capital strategy opens.Source link

Isabel Longhi, Director of Public Policy and Regulatory Affairs for Latin America at Ripple, remarked on the region’s relevance to the crypto industry. She explained that Ripple wants to be part of the regulatory changes and also noted how CBDC projects have slowed down in Latam. Ripple Director Isabel Longhi Stresses Latin America Leads theSource link