Issuers use these hedges to prevent existing shareholders from diluting with convertible debt, even if their share price rises above the conversion price, still incurring a fee. During its breakout rally, fitness company Peloton raised $1 billion in convertible...
Grayscale, the digital currency investment manager, made a move into the cryptocurrency market yesterday (Monday) by filing for registration of a new “mini” version of its Grayscale Bitcoin Trust (GBTC) exchange-traded fund (ETF). This new offering is set to...
Despite some recent hiccups, there is optimism surrounding Cardano (ADA). ADA is resilient, maintaining a positive outlook despite last week’s 5% decline. At the current price of $0.75, ADA indicates a strong position with a 24-hour trading volume of...
Solana Labs co-founder Anatoly Yakovenko believes crypto may have a shot at disrupting Google and Apple’s app store duopoly. He criticized the state of software distribution on mobile devices and lamented that two stores collected more than 30% of...
TD Securities has selected Paxos commodity settlement service, marking progress in the precious metals market by adopting blockchain technology for trade settlements. This collaboration provides the first example of simultaneous cash and commodity trade settlements, improving TD Securities’ operations...
Solana rose above the $50 resistance level against the US dollar. SOL price consolidates gains above $55 and may extend its rally above $65. SOL price started a significant rally above the $50 resistance level against the US Dollar....
Rising SOL rates could be a win for many FTX creditors. The asset is now trading in a range that would take the cryptocurrency exchange’s clients full, according to Thomas Brazil, CEO of 117 Partners, a firm that closely...
The number of cryptocurrency wallet addresses holding more than $1 million worth of Bitcoin (BTC) has more than tripled this year. BitInfoCharts data shows that the number of addresses holding more than $1 million worth of Bitcoin has risen...
RUNE, the native token of cross-chain decentralized exchange THORChain, is currently one of the best-performing cryptocurrencies on the market, boasting a 31.5% price increase over the past 24 hours. Based on Coingecko data, this price rise only confirms RUNE’s...
But, if you believe in the efficiency of markets, then you should consider that a pre-scheduled event that 99.9% of all Bitcoin holders know about and are eagerly awaiting should be “priced in.” Again, it is difficult to say...