Big money is betting against crypto equities like Bitcoin treasury firm Strategy (MSTR) and American crypto exchange Coinbase (COIN), new data compiled by Goldman Sachs Research shows.  The firms find themselves ranked first and fourth in short interest as a percentage of market cap at 14% and 10%, respectively, among companies valued at $25 billion or greater.  “Crypto is like cilantro: Some people love it and some people hate it,” Bitwise CIO Matt Hougan told Decrypt. “It's not surprising to see it at th ...

Economic Indicators - The preliminary estimate of fourth-quarter U.S. GDP is expected to show an increase at a 3.0% annualized rate, following a growth of 4.4% in the previous quarter [2] - The Personal Consumption Expenditure index and February's business activity and consumer sentiment data are anticipated to provide insights into the U.S. economy's health [1] Market Sentiment - The mood among U.S. equity investors remained largely stable, with notable fluctuations on Thursday due to declines in private equity stocks and shares of major companies like Apple and Walmart [7] - Concerns over high valuations and the effectiveness of AI investments have pressured technology stocks, impacting sectors from software to real estate [6] Tariffs and Legal Considerations - The U.S. Supreme Court is expected to rule on the legality of President Trump's emergency tariffs, with potential implications for over $175 billion in U.S. tariff collections if struck down [7] Oil Market - Oil prices have dipped from six-month highs amid rising tensions between Washington and Tehran, influenced by President Trump's warnings regarding Iran's nuclear program [8] Company-Specific Developments - Akamai Technologies experienced a premarket decline of 10.9% after forecasting first-quarter adjusted profits below Wall Street estimates [10] - Cryptocurrency and blockchain-related firms saw gains, with Bitcoin rising 1.4% to $67,840, and companies like Coinbase and Strategy also experiencing increases [10]

Leadership Changes - Yeti appointed Scott Bomar as CFO, effective February 23, succeeding Mike McMullen, who will transition to an advisory role until May 31 [2] - Atlassian hired James Chuong as finance chief, effective March 30, succeeding Joe Binz, who is retiring [3] - Gemini Space Station experienced a leadership shakeup with CFO Dan Chen and other executives leaving the company, effective February 17 [4] - GoPro promoted Brian Tratt to CFO, succeeding Brian McGee, who will remain as president and COO [5] Executive Backgrounds - Scott Bomar previously held senior finance roles at Home Depot and Deluxe, with over 16 years at Home Depot [2] - James Chuong has a background in finance leadership at LinkedIn and experience as an investment banker at J.P. Morgan, Citigroup, and Bank of America Securities [3] - Danijela Stojanovic, the new interim CFO at Gemini, has been the chief accounting officer since May 2025 and held leadership roles at Blue Apron Holdings [4] - Brian Tratt has been with GoPro since 2012, previously serving as vice president of finance and assistant controller [5]

According to an official announcement, South Korea’s largest crypto exchange Upbit will launch AZTEC trading pairs against KRW, BTC, and USDT. Aztec is an Ethereum-based privacy-focused Layer 2 solution. https://t.co/OaTtocahX7 ...

RT Mr hunter (@TrueGemHunter)WARNING ⚠️LARGE SCALE WORLD MARKET CRASH ALERT 💥💥HIGH CHANCES FOR US ISRAEL VS IRAN CONFLICT IN NEXT 48HTHIS CAN TRIGGER MASS SELLOFF AND PANIC.SOME BANKS CAN'T HANDLE THAT.SOME CRYPTO EXCHANGE ARE AT RISK OF COLLAPSE TOO.STAY SAFE. https://t.co/DufpmXCZ2P ...

🚨FORTUNE EXCLUSIVE: KRAKEN ACQUIRES MAGNA IN 6TH DEAL THIS YEARCrypto exchange @krakenfx has acquired token management platform Magna as the company rapidly expands its product suite ahead of a highly anticipated public offering.- Magna acquisition, which closed on Friday, marks Kraken's sixth acquisition in the past year, following its massive $1.5B purchase of NinjaTrader in March 2025Kraken filed confidentially for an IPO in November 2025 and recently released 2025 financials, positioning itself to join ...

XRP (XRP) price extended its slide on Wednesday, adding to a downtrend that has erased 44% of its value over the past year. Amid this, a market analyst has highlighted unusual trading activity emerging from South Korea’s largest crypto exchange, raising questions about its potential impact on XRP’s price dynamics. Study of 82 Million Trades Flags Structural Selling in XRP/KRW Market on Upbit Crypto analyst Dom claims to have uncovered what he describes as a nearly year-long, multi-billion-dollar XRP sel ...

Gemini Space Station Inc., the crypto exchange founded by Cameron and Tyler Winklevoss that went public just before Bitcoin’s plunge, said three top executives left the company in a sweeping leadership shakeup that followed a broad round of layoffs earlier this month. Bloomberg's Monique Mulima reports on "Bloomberg Crypto." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com ...

Shares in publicly traded crypto exchange Gemini are plunging as the firm parts ways with three executives following broader layoffs. https://t.co/I0p7l70LRF ...

Gemini Stock Dives as Winklevoss-Led Crypto Exchange Dumps Executiveshttps://t.co/fxHgbJnymb ...