Copper
Copper to Offer Custody Services for Tokenized Money Market Funds Such as BlackRock's BUIDL
The crypto custodian's clients can use money market fund tokens as collateral in derivatives trades after the company received approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi.
Sliding Copper-to-Gold Ratio Presents Bitcoin Bear Case
Bitcoin's best years have been characterized by copper's outperformance relative to gold but the widely-tracked ratio continues to slide in the wake of China's stimulus announcements, offering negative cues to risk assets. What does the sliding copper-to-gold ratio mean for bitcoin? And how will the growth of M2 money supply from major central banks impact BTC's momentum? CoinDesk's Christine Lee presents the "Chart of the Day."
Bitcoin Has a Lot Going for It, Except the Persistent Slide in Copper-Gold Ratio
BTC's best years have been characterized by copper's outperformance relative to gold.
Crypto Custodian Copper Appoints Former SEC Advisor Amar Kuchinad as New Global CEO
Former CEO Dmitry Tokarev will continue as the board's founder director.
Crypto Custody Firm Copper’s CEO Dmitry Tokarev Plans to Step Down
Tokarev helped found the digital-assets custody firm in 2018.
Copper-to-Gold Ratio Drops, What Does This Mean for Crypto?
The copper-to-gold ratio, which measures the division of the market price per pound of copper by the per ounce price of gold, has dropped over 8% this month, according to data tracked by TradingView and MacroMicro. The ratio has dipped to its lowest level since November 2020, offering bearish cues to risk assets, including cryptocurrencies. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Bitcoin Bulls Beware as 'Doctor Copper' Slides Against Gold
"Doctor copper" is losing ground against safe haven gold, signaling economic weakness and risk aversion on the horizon.
Crypto Custody Firm Copper Receives Key License in Hong Kong as it Expands in Asia Pacific
The license permits the holder to provide trust and corporate services in the region.
Kraken’s Derivatives Arm Joins Copper’s Crypto Settlement Network
Copper’s ClearLoop provides institutions with connectivity to OKX, Bybit, Deribit, BIT, Gate.io, Bitfinex, Bitget and PowerTrade, with Bitstamp and Bitmart soon to go live.
Hashnote's U.S. Treasuries Token Now Available Through Crypto Custodian Copper
Not all the so-called “on-chain treasuries” in the market are created equal, warns Hashnote CEO Leo Mizuhara.
