Bitcoin’s (BTC) realized capitalization, an on-chain metric that measures the value of coins at the price they last transacted, has continued rising even as the spot price drops, signaling investor conviction to the network and an indication the economic backbone of the largest cryptocurrency is strengthening. After first crossing $1 trillion in July, Glassnode data […]

Solv Protocol, a financial services provider for bitcoin (BTC) holders, has partnered with decentralized oracle network Chainlink to integrate real-time verification of Solv’s actual BTC reserves backing its liquid token, SolvBTC, directly into its price feed. This integration enhances transparency and builds greater trust for users. Unlike traditional price feeds that rely solely on market […]

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. August delivered a rare reversal in the ETF tide: Bitcoin spot […]

Bitcoin’s latest rally is spilling over into the luxury holiday market. The Financial Times (FT) reported earlier today that private jet firms, cruise lines and boutique hotels are increasingly accepting crypto payments. Flexjet-owned FXAIR, for instance, now takes tokens for transatlantic trips costing about $80,000, while cruise operator Virgin Voyages sells annual passes worth $120,000. […]

There are few things more insufferable in financial markets than seasonal indicator discussions. The grandaddy may be “sell in May, then go away,” which gets dragged out every spring, but probably hasn’t been a valid signal since the days of Jesse Livermore, when traders literally sold in May and then headed to the beach for […]