You note that among the U.S. and Canadian listed companies that became debts, the median stock price has fallen this year. That's according to data compiled by Bloomberg. Bitcoin, by comparison, down just around 6% since the beginning of the year.Why such a big disconnect. Is it all about the leverage. Hi.Yes. So a lot of it is leverage. So these companies, in order to buy the cryptocurrencies that they're holding, a lot of them issued debt to do this.So that means that the leverage that that debt gave them ...

Today, Bitcoin soarses back to the $94,000 level. The second largest teachers union writes a letter to senators opposing crypto market structure legislation. And Samir Kerbage of hashts breaks down his expectations for markets and the firm's crypto forecasts for 2026.Welcome to CNBC's Crypto World. I'm Talia Kaplan. Digital currencies are solidly in the green this morning as the Fed's December meeting kicks off.Markets are betting the central bank will lower its key overnight lending rate by another quarter ...

The availability of high-quality assets will increase onchain traffic by multiples in 2026.Ex: @Google on @arbitrum issued by @RobinhoodApp https://t.co/8zwEMmDQCKKyle Reidhead | Milk Road (@KyleReidhead):Crypto has built an incredible global financial system (lending, trading, perps, etc.)Its problem is that it doesn't work for the assets people actually care aboutThe world doesn't care about digital assets, it cares about Gold, Google, NVIDIA, Real Estate, etc.Crypto's big ...

Core Insights - The article discusses the recent regulatory changes in Europe that are facilitating retail access to crypto exchange-traded notes (ETNs), particularly highlighting CoinShares' strategic position in this evolving market [2][4]. Company Overview - CoinShares International Limited is a leading global asset manager specializing in digital assets, recently announcing a merger with Vine Hill Capital Investment Corp [2]. - The company has a significant presence in the European crypto ETP market, holding a 32% share of total regional assets under management (AUM) [3]. Market Developments - The European crypto ETN market is experiencing a growth phase, with record inflows of €2.5 billion year-to-date [4]. - The UK Financial Conduct Authority (FCA) has lifted its retail crypto ETN ban, allowing access to approximately 7 million UK crypto holders [7]. - France's Autorité des marchés financiers (AMF) has adapted its doctrine to permit retail marketing of crypto-indexed ETNs, enhancing market accessibility [7]. Strategic Positioning - CoinShares' physical platform has led the European crypto ETP market with over $1 billion in net inflows year-to-date [3]. - The company aims to leverage its distribution expertise through partnerships, such as with BoursoBank, to reach retail investors as markets open up [4]. Regional Insights - In France, nearly one in four adults now hold financial investments, indicating a growing retail investor base [4][8]. - Nordea, the largest bank in the Nordics, will begin offering CoinShares' Bitcoin ETP starting December 2025, marking a shift in institutional caution [7].

Core Insights - Keefe, Bruyette & Woods, Inc. (KBW) has appointed Stephen Glagola as Managing Director and Senior Equity Research Analyst focusing on digital asset companies, based in San Francisco [1] - Glagola has extensive experience in the digital assets ecosystem, previously covering bitcoin miners and AI data centers at Jones Trading [2] - His prior role included 11 years at TD Cowen, where he specialized in Cryptocurrency and was recognized as an Equity Research "Rising Star" by Business Insider in 2021 [3] Company Overview - KBW is a leading independent authority in financial services, established in 1962, with expertise in research, corporate finance, and trading in equities securities [5] - The firm is a wholly owned subsidiary of Stifel Financial Corp. and operates in both the U.S. and Europe [5] Industry Context - The appointment of Glagola highlights the growing importance of digital assets within KBW's Fintech team, reflecting the sector's expected growth and integration into mainstream financial infrastructure [4]

TradFi is stepping into crypto with trillions on the horizon.Discover how DATs, ETFs, and RWAs are reshaping digital assets and what the next wave of institutional adoption means.Join us with:• @MatthewRoszak of @hemi_xyz• @joechalom of @SharpLink• @Reeve_Collins of @stbl_official• @akshat_hk of @MaelstromFundat LONGITUDE Abu Dhabi on Dec 11, co-hosted by Cointelegraph and @Phemex_official. ...

Industry Trends - TradFi (Traditional Finance) is entering the crypto space, potentially bringing trillions of dollars [1] - Digital assets are being reshaped by DATs (Data Availability Tools), ETFs (Exchange Traded Funds), and RWAs (Real World Assets) [1] - Institutional adoption is expected to increase in the digital asset space [1] Events - LONGITUDE Abu Dhabi event will be held on December 11, co-hosted by Cointelegraph and Phemex [1]

NEWS: The Commodity Futures Trading Commission (CFTC) has launched a pilot program to use digital assets as tokenized collateral. https://t.co/5ynSoSpKqm ...

Regulatory Developments - CFTC (美国商品期货交易委员会) 推出数字资产试点计划，包括 BTC (比特币), ETH (以太坊) 和 USDC (美元稳定币) [1] - 该计划旨在通过 CFTC 经纪商保护美国人在使用加密货币时的安全 [1] - 新的指导方针将促进代币化市场，并减少过时的繁文缛节 [1] Market Impact - 受监管的稳定币 (如 USDC) 可以降低风险，减少摩擦，并升级市场基础设施 [1] - 负责任的创新将获得成功 [1] Strategic Implications - 此举是美国在数字资产领导地位上迈出的重要一步 [1]

Acting CFTC Chairman Caroline Pham announced the launch of a digital-assets collateral pilot program allowing BTC, ETH, and USDC to be used in U.S. derivatives markets, alongside new guidance for tokenized collateral. MPD also withdrew Staff Advisory 20-34, stating that developments in digital assets and the use of tokenized collateral, including the enactment of the GENIUS Act, have made the advisory outdated and no longer relevant. https://t.co/R7FLjIHQMk ...