The product is designed to generate yield by participating in network validation, adding an income component to passive exposure. Bitwise Asset Management has launched a spot Avalanche exchange-traded product, giving investors exposure to the Avalanche token while staking a portion of its holdings to generate yield. Bitwise plans to stake roughly 70% of its AVAX...Continue Reading

Jane Street said it needs GPU-based computing power to keep its trading and research operations competitive amid growing adoption of AI. CoreWeave, a publicly traded AI cloud infrastructure company, announced on Wednesday a $6 billion deal with quantitative trading firm Jane Street, in which the firm will use CoreWeave’s AI cloud computing infrastructure to power...Continue Reading

Ether looks poised to gain a price advantage over BTC as the ETH/BTC ratio soars to a 10-week high. The ETH/BTC ratio has climbed to a 10-week high, suggesting that Ether (ETH) is gaining momentum against Bitcoin (BTC) in the charts.  Ether’s footing has improved as clearer DeFi regulations from the US Securities and Exchange...Continue Reading

A Bitcoin daily candlestick close above $76,000 would complete a bullish trend reversal and shift the bulls’ short-term price target to $84,000. Will altcoins follow the rally? Key points: Bitcoin’s shallow pullback from the $76,000 resistance suggests that buyers are holding onto their positions, expecting the recovery to continue. Select major altcoins are showing strength...Continue Reading

Potential conflicts of interest in the state’s gubernatorial race and a pro-crypto Super PAC endorsing a Republican candidate for Senate could cloud the 2026 race. Another political action committee (PAC) aligned with the cryptocurrency industry announced its endorsement for a candidate in Ohio’s Senate race, signaling a move that could mirror the 2024 US election....Continue Reading

London-based Legal & General Asset Management is the latest global asset manager to expand distribution across blockchain networks and trading models. London-based Legal & General Asset Management has made its liquidity funds available in tokenized form through Calastone’s blockchain-based distribution network, enabling investors to access and transfer fund shares via digital infrastructure as an alternative...Continue Reading

The Massachusetts Democrat has been critical of private companies, including non-bank entities, issuing their own dollar-pegged stablecoins. US Senator Elizabeth Warren has asked Elon Musk for information on X Money, a payments feature that is expected to be integrated into the X social media platform in the near future. Warren, who is a longtime critic...Continue Reading

New Bitcoin macro analysis found its “addressable market” surpassed the $38 trillion gold market cap, driven by geopolitical instability and financial sanctions. Bitcoin (BTC) has a target market that is “probably a lot bigger” than gold’s $30 trillion market cap, says a crypto industry executive. Key points: Bitcoin should continue to outperform during geopolitical crises,...Continue Reading

Bitcoin paused its rally toward new range highs while the S&P 500 came within an inch of a fresh year-to-date high, leading analysts to warn that traders are overconfident. Bitcoin (BTC) circled $74,000 at Wednesday’s Wall Street open as US stocks edged higher on news that the US and Iran may be open to another...Continue Reading

Bitmine chairman Tom Lee told Paris Blockchain Week that the recent crypto slump was a “mini crypto winter” and said Ether could climb above $60,000 over the next few years. Bitmine Immersion Technologies chairman Tom Lee said Wednesday that the recent crypto slump was a “mini crypto winter” that may already be ending, in comments...Continue Reading