It looks like a stock and trades like a stock, but it isn’t actually a stock – what is it?
Tokenized stocks promise cheaper trading and wider access, while some products make speculation easier without passing shareholder rights to the buyer. Two people can open their investment apps, see the same company name beside a similar price, and still…
Strategy doubles its stock buyback to $2 billion to pull its STRC shares back to $100
Strategy doubled the size of its preferred-stock repurchase program to $2 billion Tuesday as Michael Saylor’s Sept. 8 recovery benchmark arrived with STRC still short of its $100 stated value. The board’s decision extends a campaign that was approaching…
Bitcoin bulls are loading up on calls while spot traders keep selling
Bitcoin’s derivatives market is turning more bullish even as spot traders remain reluctant to chase another move above $80,000. Glassnode’s latest Market Pulse showed demand shifting toward call options while US spot Bitcoin ETF inflows accelerated. Yet…
Ethereum arbitrage study reveals builders receive $5 for every $1 burned by the network
Ethereum arbitrage generated about $5.24 in builder receipts for every $1 burned in a 30-day sample reported by blockchain data provider Bitquery. Its allocation puts 49.3% of measured surplus toward block assembly, 9.4% toward burned fees and 41.3% with…
Zcash breaks $1,000 as its spot ETF crosses $400 million in assets
Zcash broke above $1,000 on Sept. 4, pushing the asset value of Grayscale’s recently listed ZCSH ETF past $400 million less than two weeks after its debut. ZEC registered an intraday high of $1,050.70, up roughly 20% over 24 hours and nearly 100% over…
A major outage and corporate backlash hit Robinhood Chain at the peak of its growth
Robinhood Chain’s rapid growth ran into two problems at once on Sept. 4 as the network briefly stopped producing blocks while AMC challenged its fast-growing Stock Token business. On Sept. 4, the Ethereum layer-2 network halted block production for at…
Bitwise 14% yield gap in XRP futures shows how institutions are quietly extracting cash from traders
Bitwise has given the market a rare look inside an institutional XRP carry trade. The Bitwise Crypto Carry Fund, or USCC, paired XRP held in custody with an almost equal short position in September Coinbase XRP futures. The structure was 97.48% matched…
XRP’s $2.14 bull case just met a $474 million ETF tailwind
XRP could climb above $2.14 by late November as sustained exchange-traded fund (ETF) demand adds momentum to its recent rebound. CryptoSlate’s 90-day model places the bullish outcome at the 80th percentile, nearly 59% above its $1.35 reference close.…
BlackRock’s Bitcoin ETF barely beat the S&P 500 after putting investors through a 53% crash
BlackRock’s Bitcoin exchange-traded fund (ETF) has narrowly outperformed the S&P 500 since launch despite subjecting investors to a drawdown nearly three times as deep. The iShares Bitcoin Trust, or IBIT, returned 67.74% from its Jan. 11, 2024 debut…
Phemex puts 82 tokens on notice over liquidity and project compliance concerns
Phemex placed 82 unique USDT spot pairs under Special Treatment on Aug. 31, requiring users to pass a mandatory Risk Cognizance Test before trading them. The restriction took effect at 10:00 UTC and applies to established assets including ETC, XTZ, SNX,…