Markets

Ledn raises $188m with first bitcoin backed bond sale in asset backed market

Crypto lender packages more than 5,400 bitcoin collateralized loans into first asset backed securities transaction of its kind.

Bitcoin (TheDigitalArtist/Pixabay, modified by CoinDesk)

Bitcoin’s $40,000 put becomes second-largest options bet ahead of February expiry next week

Heavy positioning at lower strikes signals rising demand for downside protection for bitcoin.

CoinDesk

Ether, XRP, Solana slide in crypto retreat despite tech-led lift in Asia stocks

Major tokens stayed under pressure even as risk sentiment improved in equities, with a firmer dollar and Fed rate uncertainty keeping crypto rallies short-lived.

Trading screen with price monitors and charts (Yashowardhan Singh/Unsplash)
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WLFI surges 10% after Apex stablecoin deal, outperforming BTC and ETH

The Trump-affiliated token rose on news that a $3.5 trillion asset servicer will pilot USD1, while BTC and ETH continue to trade near multi-week lows.

Zak Folkman speaks at Consensus Hong Kong (CoinDesk)

Bitcoin sinks to $66,000, U.S. stocks lose steam as Fed minutes mention possible rate hike

Bitcoin is now on track for its fifth consecutive weekly decline, and losing this level could open the floor for a fresh leg lower.

Bitcoin (BTC) price on Feb. 18 (CoinDesk)

Bitcoin volatile, but flat, while crypto stocks bounce amid cooling AI fears

Coinbase, Circle, Galaxy, IREN and Riot led the early morning rebound among crypto-related stocks as the battered software sector found some relief.

curves, swing, volatile, winding road (Raphaël Biscaldi/Unsplash)

Goldman Sachs' David Solomon says he owns 'very little' bitcoin but watching it closely

“I’m an observer of bitcoin,” Solomon said at the World Liberty Forum on Wednesday, saying he's still trying to understand how it moves.

CoinDesk

Bitcoin's plunge signals coming AI crisis, but massive Fed response will drive new record high: Arthur Hayes

The rise of artificial intelligence is likely to displace millions of workers in quick order, triggering sizable credit defaults, said Hayes.

Arthur Hayes (CoinDesk)