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Finance

BlackRock sees AI driving crypto’s next bull phase as altcoin interest fades

The asset management giant's Robbie Mitchnick said clients are focused on bitcoin, ether and only a few other tokens, and aren't looking for broad exposure. Rather, they see opportunity for crypto in artificial intelligence.

CoinDesk

Markets

Wall Street broker Bernstein calls bitcoin bottom, keeps $150,000 year-end target

The broker sees bitcoin rebounding from its recent lows, supported by ETF flows and expanding corporate treasury demand.

A finger draws an upward trending line on a chart (Unsplash)

Markets

Prediction market boom spurs new VC fund backed by Polymarket, Kalshi CEOs

The fund, called 5c(c) Capital, is aiming to raise $35 million to fund startups tied to the rapid growth of event-based trading markets.

Crystal ball (Credit: Zhenyu LuoUnsplash/Modified by CoinDesk)

Finance

BlackRock is betting billions that tokenized funds will do for Wall Street what the internet did to mail

In his annual letter, BlackRock CEO Larry Fink argues that digital wallets and tokenized assets could modernize markets and expand investor access.

BlackRock CEO Larry Fink

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Markets

Strategy tops up capital-raising plans, bringing potential bitcoin buying power back to $42 billion

Expanded share issuance plans and new Wall Street partners boost capital raising firepower.

Strategy CEO Michael Saylor

Markets

H100 eyes Europe’s largest bitcoin treasury with 3,500 BTC in proposed acquistions

Proposed bitcoin-for-bitcoin acquisition of Moonshot and Never Say Die would triple the company's holdings and expand institutional scale.

Sweden flag (CARTIST/Unsplash)

Finance

Crypto wallet maker Ledger taps former Circle exec as CFO to help lead IPO push

The crypto security firm is expanding its U.S. footprint and strengthening its leadership team as it prepares for a potential public listing.

(Photo: Ledger Media/Modified by CoinDesk)

Finance

Iran war volatility is driving oil trading boom on Hyperliquid, says JPMorgan

Round-the-clock oil trading on Hyperliquid is drawing investors beyond crypto as geopolitical shocks expose gaps in traditional markets, the bank said.

The Iranian flag flutters above a cityscape. (Shutterstock)

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Markets

Ripple data reveals stablecoins are becoming the go-to tool for corporate treasury

A new Ripple survey of more than 1,000 global finance leaders finds that digital assets are now seen as a strategic necessity rather than an optional experiment.

Ripple

Tech

DeFi risk management giant Gauntlet sees $380 million exit as OKX crypto campaign ends

Gauntlet noted that deposits are now back to same levels before the campaign, and has navigated large capital swings before due to incentive campaign endings, airdrops, and shifts in market conditions which regularly produce short-period swings in either direction.

Gauntlet's Tarun Chitra speaks on a CoinDesk virtual panel (CoinDesk)