Bullish
Why Markus Thielen says Bitcoin's pain isn't over yet
On today's Markets Outlook, 10x Research Founder and CEO Markus Thielen tells CoinDesk's Jennifer Sanasie why he sees Bitcoin dropping even more before recovery, with $7B in ETF outflows since mid-May and MicroStrategy stepping back as the last real buyer. Plus, why he stays bearish on Ethereum, why he's calling Hyperliquid overvalued, and why nothing turns around until the Fed goes dovish.
Ark Invest bought more than $75 million of crypto shares during June bloodbath
Ark Invest has a tendency to "buy the dip," loading up on shares in cryptocurrency companies when their prices are depressed.
Ark Invest buys $12.5 million of Bullish stock in four days
Ark frequently uses broader digital asset downturns, which tend to pull crypto equities lower, as an entry point into cryptocurrency companies.
Bullish misses first-quarter revenue estimates as services fall short
The company also missed bottom-line forecasts. The shares fell before rebounding as the broader market advanced.
Bullish’s Equiniti deal could remake it into a tokenization powerhouse, Clear Street says
Compass Point took a more cautious stance, reiterating a Neutral rating and $36 target, saying much of the expected growth is already priced in, though it acknowledged potential upside.
GameStop's $55B eBay bid could liquidate its bitcoin
GameStop submitted an unsolicited $55.5 billion offer to buy eBay, and CEO Ryan Cohen hasn't ruled out selling the company's $368 million bitcoin treasury to fund it. If the deal closes, eBay's 135 million active buyers would be inside a company that holds bitcoin. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Crypto platform Bullish to buy Equiniti for $4.2 billion, building tokenized securities infrastructure
The deal brings a regulated transfer agent into the Bullish stack, expanding the firm's end-to-end tokenization capabilities.
The crypto honeymoon is over for now as analysts warn of a major first-quarter profit squeeze
Several major investment firms have preemptively downgraded Coinbase and other platforms as a sharp drop in trading activity and falling token prices threaten to derail upcoming first-quarter earnings results.
Bitcoin tops $72,000, but Circle and Bullish drop sharply after downgrades
Eased Middle East tensions pushed crypto prices and U.S. stocks sizable hjigher.
Crypto platform Bullish climbs past Coinbase to become third-largest crypto exchange by spot volume
The institutional-focused exchange saw spot trading jump 62% to $76 billion in February, surpassing Coinbase’s market share.
