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Finance

Tassat Names Glen Sussman CEO as Firm Eyes Next Stage of Institutional Growth

Sussman succeeds Zain Saidin, who will remain on the company’s board and take on a new role as senior adviser.

International regulators at BIS want to make cross-border payments cheaper. (Yuichiro Chino/Getty Images)

Markets

All Bitcoin Wallet Cohorts Now in Distribution Mode, Glassnode Data

Glassnode’s Accumulation Trend Score shows weakening demand across every cohort after recent highs

Accumulation Trend Score (Glassnode)

Markets

Bitlayer's YBTC Enters Solana as the DeFi Project Partners With Kamino Finance, Orca

This integration is intended to combine Bitlayer's security with Solana's speed and scalability, aligning with Bitlayer's goal of expanding the Bitcoin DeFi sector.

Bitlayer co-founder Kevin He. (Bitlayer)

Markets

Is Bitcoin's Bull Run Losing Steam? Here’s What Crypto and Nasdaq Market Breadth Indicates

Market breadth indicators help assess the overall health of a market or an index.

Steam (Shutterstock)

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Markets

Blockchain Lender Figure Joins Crypto IPO Rush With Nasdaq Listing Bid Under 'FIGR'

The move follows a confidential SEC submission earlier this month and comes amid a surge of digital asset firms tapping the equity markets.

Figure Technologies CEO Mike Cagney (CoinDesk archives)

Markets

KindlyMD Closes $200M Convertible Note Funding for More Bitcoin

Shares are lower by 11% on Monday with an analyst noting NAKA's convertible note terms were somewhat more stringent than those afforded to Michael Saylor's Strategy.

A statue of Satoshi Nakamoto, a presumed pseudonym used by the inventor of Bitcoin, is displayed in Graphisoft Park on September 22, 2021 in Budapest, Hungary. The statue's creators, Reka Gergely and Tamas Gilly, used anonymized facial features, as Nakamoto's true identify remains unconfirmed. (Photo by Janos Kummer/Getty Images)

Finance

Stellar Development Foundation Invests in Archax, Aiming to Boost Tokenization

The UK-regulated digital asset platform has integrated Stellar into its tokenization tool and launched the Aberdeen tokenized money market fund on the network.

Raja Chakravorti, chief business officer at Stellar Development Foundation on CoinDesk TV (CoinDesk)

Markets

Insurance Against Price Slides in BlackRock's Bitcoin ETF Now Costliest Since April Crash

Protection against price drops in BlackRock's spot bitcoin (BTC) ETF, IBIT, is now at its priciest since the early April market slide.

FastNews (CoinDesk)

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Markets

Core Scientific Faces Valuation Disconnect; PT Hiked to $22: Jefferies

The bank reiterated its buy rating on CORZ and raised its price target for the bitcoin miner to $22 from $16 to reflect the CoreWeave acquisition.

Celsius and Core Scientific hope to raise millions via mining rig vouchers (alvarez/Getty Images)

Finance

BTCS to Pay First-Ever Ether Dividend, Loyalty Bonus to Discourage Short Selling

Shareholders can opt for a $0.05 per share in ETH or cash dividend plus a $0.35 reward for moving shares to book entry for at least 120 days.

Digitally rendered Ethereum logo (Unsplash)