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1 week ago | 
dlnews.com | Pedro Solimano
Coinbase makes a major move in options trading. Deribit handles 85% of Bitcoin and Etherem options market. In a huge boost for crypto derivatives, Coinbase just agreed to a $2.9 billion acquisition of Deribit, a crypto options exchange. The cash and stock deal, which Coinbase disclosed in a blog post, is Coinbase’s biggest to date.
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1 week ago | 
dlnews.com | Pedro Solimano
Binance-linked BNB trades for $605. Standard Chartered expects that price surge by 2028. Bitcoin has exchange-traded funds. Solana has memecoins. And Binance’s BNB? It’s old school. For Geoffrey Kendrick, global head of digital assets research at UK bank Standard Chartered, the Binance-linked token’s price it set to soar.
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2 weeks ago | 
dlnews.com | Pedro Solimano
BlackRock’s IBIT took in $2.4 billion during April. The entire exchange-traded fund market accounted for $3 billion. IBIT has more than 50% share of the ETF market. BlackRock’s Bitcoin ETF isn’t just winning the race — it’s lapping the competition. In April, BlackRock’s IBIT fund hauled $2.45 billion, capturing around 80% of the entire $3 billion that flowed into Bitcoin ETFs.Just this week, BlackRock was the only ETF provider to post positive numbers.
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2 weeks ago | 
dlnews.com | Pedro Solimano
Big investors are focusing mostly on Bitcoin. Uncertainty is driving the interest. Altcoins continue to get faded. Institutions only care about Bitcoin right now. At least that’s according to Samara Cohen, BlackRock’s CIO of ETF and Index Investments. “Institutional investors are really largely focused on Bitcoin,” Cohen said on the Blockworks Empire podcast on Monday.
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2 weeks ago | 
dlnews.com | Pedro Solimano
“Crypto over the long run is decoupled from tech stocks,” said Jay Jacobs, BlackRock’s US head of equity ETFs.It’s the first time the asset manager has recognised the divergence. Bitcoin has been trading inversely to stocks. It all began as a narrative from Bitcoin advocates. Now the largest asset manager in the world is saying Bitcoin has decoupled from tech stocks.
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3 weeks ago | 
dlnews.com | Pedro Solimano
Bitcoin exchange-traded funds had $919 million in net inflows on Wednesday. BlackRock's IBIT dominated with 70% of total flows. "ETFs are on a bitcoin bender," said Bloomberg ETF analyst Eric Balchunas. US exchange-traded funds are gulping down Bitcoin at a staggering pace. On Wednesday, Bitcoin ETFs hauled in $919 million, marking their second consecutive day accumulating more than $900 million in fresh capital, according to JPMorgan data.
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3 weeks ago | 
dlnews.com | Pedro Solimano
Institutions gobbled up $37m in XRP last week. Bitcoin and Ethereum suffered outflows. 'XRP is likely to be an outperformer.'XRP might be on the verge of a major price rally. Last week, institutional investors bagged $37 million worth of XRP even as most cryptocurrencies struggled to attract capital, according to research firm CoinShares. This surge places XRP just $1 million behind Ethereum in yearly inflows. More than $772 million has flowed out of Ethereum in the past eight weeks.
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3 weeks ago | 
dlnews.com | Tim Craig |Pedro Solimano |Andrew Flanagan
New venture backed by Tether, SoftBank, and Cantor Fitzgerald hits the market. Mallers has long preached Bitcoin maximalism. Sceptics are underwhelmed by Twenty One's model. Twenty One Ventures, a new company set up with the sole purpose of hoovering up Bitcoin, is making a bold bet on the top crypto’s future. Twenty One aims to launch with a treasury of 42,000 Bitcoin, a which are worth about $3.9 billion.
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3 weeks ago | 
dlnews.com | Pedro Solimano
Hedge funds expect Bitcoin’s dominance to rise in the next six months. The amount of managers who see Bitcoin’s command rising is triple from 2024. There's three reasons behind the thesis. A majority of hedge fund managers are banking on Bitcoin’s dominance to surge over the next year and kneecap the budding altcoin season many investors were hoping for. That’s according to a new report by Crypto Insights Group, which surveyed 50 hedge fund managers with more than $5 billion under management.
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3 weeks ago | 
dlnews.com | Pedro Solimano
Bitcoin is up in the past week while the Nasdaq dropped. Advocates are celebrating that Bitcoin has “decoupled.”“It’s obviously a ridiculously small time frame,” said Eric Balchunas, Bloomberg ETF expert. Tech stocks and Bitcoin — is the correlation over? While equities have been getting walloped this week as Donald Trump’s erratic policies spook investors, Bitcoin’s price has remained relatively even.
