Author: admin

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to remarks made at the Founders Summit, Fidelity’s chief executive Abigail Johnson offered a rare look at how the firm moved from curiosity to a full crypto business and why she keeps a personal stake in Bitcoin. The account ties early, small bets to later services now offered to advisors and clients. Early Interest Turned Practical Around 2013, a small group inside Fidelity began meeting to learn what Bitcoin might mean for the firm. They mapped out 52 possible uses. Most ideas did not survive testing.…

Corporate Bitcoin holdings have been treated as a straightforward signal for years: a company buys BTC, investors read it as conviction, and the stock trades with a built-in Bitcoin premium.While this might sound like a very clear and simple trade, the balance sheets behind it are anything but.A new CoinTab dataset shows that most publicly tracked Bitcoin-holding companies aren’t just sitting on piles of (digital) gold and that they’re balancing sizable liabilities alongside their BTC. And in many cases, the debt outweighs the Bitcoin entirely.The numbers cut through the façade fast: 73% of companies with Bitcoin on their balance sheets…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to the latest report, the lower house of Poland’s parliament has failed to overturn the President’s veto of the Crypto-Asset Market Act. Earlier this week, the Polish President, Karol Nawrocki, vetoed a bill aimed at setting strict rules in the country’s digital assets market. Why Did The Polish President Veto The Digital Asset Bill? On Friday, December 5, Bloomberg reported that the lower house of the Polish parliament couldn’t secure the required three-fifths majority vote to override the President’s veto of the Crypto-Asset Market Act. This…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s price action has been grossly dramatic throughout the year. After reaching its current all-time-high price of $126,000 in early October, the world’s leading cryptocurrency saw a rapid flip to the downside. Since reaching its October high, Bitcoin spiraled to as low as $80,500, a more than 15% negative deviation in reviewing year on year growth.  As the market sentiment thus ostensibly leans bearish, an on-chain analysis has recently been published, proffering reasons to believe that the negative sentiment among investors could be growing stronger. $91,000 Max…

On Dec. 2, Citadel Securities filed a 13-page letter with the SEC arguing that decentralized protocols facilitating tokenized US equity trading already meet statutory definitions of exchanges and broker-dealers, and regulators should treat them accordingly.Two days later, the SEC’s Investor Advisory Committee convened a panel on tokenized equities that made clear the question is no longer whether stocks can move on-chain, but whether they can do so without dismantling the permissionless architecture that built DeFi.The gap between those two positions now defines the most consequential regulatory fight in crypto since the Howey test debates.Citadel’s letter arrived at the moment when…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to remarks made on CNBC’s Power Lunch, Strategy’s CEO Phong Le said the company moved quickly to calm investor fears after Bitcoin fell sharply. The firm announced a $1.44 billion US dollar reserve on Monday, raised through a stock sale. The reserve is meant to hold enough cash to cover at least 12 months of dividend payments right away, and the company says it will expand that buffer to cover 24 months over time. Reserve Aimed At Dividend Concerns Based on reports, Le said the drive…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto firm Ripple recently announced its mission to be the one-stop shop for crypto infrastructure. This came as the firm highlighted the acquisitions it made this year in a bid to achieve this mission.  Ripple Unveils One-Stop Shop For Digital Asset Infrastructure  In a blog post, Ripple touted itself as the one-stop for crypto infrastructure. The firm noted that it had invested almost $4 billion into the crypto ecosystem through strategic investments and acquisitions. It added that 2025 marked its most ambitious year yet with four major…

In brief Academic literature increasingly finds that crypto and equities are tightly intertwined, especially during periods of stress. Studies find that crypto increasingly behaves like a high-beta tech sector. An academic consensus is forming that crypto is now firmly embedded in the global risk ecosystem. Professor Andrew Urquhart is Professor of Finance and Financial Technology and Head of the Department of Finance at Birmingham Business School (BBS).This is the tenth installment of the Professor Coin column, in which I bring important insights from published academic literature on cryptocurrencies to the Decrypt readership. In this article, I discuss how crypto’s relationship with…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The European Commission has moved to allocate the supervision of crypto companies and their activities under the sole jurisdiction of the European Securities and Markets Authority (ESMA).  This move will end the application of different regulatory styles in several member states operating under the EU’s Markets in Crypto-Assets regulation (MiCA). ESMA’s Single Crypto Authority To Boost Competitiveness, Innovation – EC In a Thursday announcement, the European Commission, the executive arm of the European Union (EU), rolled out a series of regulatory measures aimed at creating a singular…