The roughly $1.8 trillion private credit market has drawn assurances from major bank executives that it carries little systemic risk, even as warning signs accumulate. JPMorgan CEO Jamie Dimon told analysts in April that banks would only be hit after very large losses materialized in the sector. However, reporting
Bitcoin heads into the weekend trading between roughly $62,500 and $64,300, with the intraday low emerging as the market's most immediate technical threshold. Analysts view the defense of $62,500 as a key test of whether Bitcoin can maintain its footing while the broader market weakens.
Analytics firm CryptoQuant argues that Michael Saylor's Strategy, one of the largest corporate holders of bitcoin, would benefit from formalized guidelines governing its accumulation and potential sales. Strategy, formerly known as MicroStrategy, has aggressively acquired bitcoin as a core treasury asset, often funding purchases through debt and equity
Wall Street trading giant Citadel has committed $600 million across two competing crypto exchanges, Crypto.com and Kraken, as both firms push into tokenized markets that bridge traditional finance and digital assets. The investment underscores growing institutional interest in tokenization, a fast-emerging sector where real-world financial instruments are
The latest distribution continues FTX's ongoing effort to repay those affected by the exchange's 2022 collapse, one of the largest failures in crypto history. FTX's bankruptcy estate plans to distribute roughly $900 million to creditors and other claimants in its fifth wave of payouts.
A Bitcoin treasury company's new preferred share offering, BTC PREF, has struggled to find buyers despite promising an indicated cash yield above 10%. Nearly half of the shares reportedly went unsold ahead of trading, which is expected to begin July 20. The preferred shares are priced at SEK
Japanese financial conglomerate SBI Holdings has expanded its regional footprint by acquiring a majority stake in Coinhako, a Singapore-based cryptocurrency exchange, following approval from the Monetary Authority of Singapore (MAS). The regulatory sign-off allowed the transaction to proceed, giving SBI control over one of Singapore's established