cryptocurrencies including Bitcoin, Ether, and Salana all under pressure this morning. Joining us now is Kyle Sanmani, co-founder and managing partner of Multicoin Capital uh and chairman of Forward Industries. He started investing in Salana back in 2018.Can you uh welcome, good to see you. Uh Kyle, can you explain your the the treasury strategy that people are employing. I I guess with Salana it's similar to what we we've seen with with Michael Sailor or or Ethereum.>> Yeah. Hey, good morning Joe. Morning ...

All right, welcome back. Maybe the big money story to start the week is not necessarily stocks. It's it's crypto.As we just showed you, Bitcoin, Ether, Salana, they're all lower right now. And that is actually hitting some of the cryptoreated stocks as well. Exchanges like Gemini, Coinbase, Micro Strategy, Merrow Holdings, and more.They are all down. And Bitmine Immersion Technologies, one of the hottest trader stocks out there, BMR, it's also lower, down almost 10%. They're selling about 5.2% million share ...

Here at the desk is the pro Andy Bear is with me, head of product and research at Coindesk's indices talking about what's been going on. Now, we do have Bitcoin at around two week lows, but people love Bitcoin. You still see enormous demand, more ETFs coming because it it's where it's at. It's still hot, right.I was counting last night over the weekend how many different ways you can get exposure to Bitcoin. It was very easy to come up with 10 different ways between just buying some Bitcoin, buying ETFs, de ...

Core Insights - The cryptocurrency market is experiencing a period of consolidation, with Bitcoin showing bullish trends but recent stagnation, while Ethereum has outperformed Bitcoin in the short term [1][2][3] - PayPal is launching a new peer-to-peer crypto payment feature, which is seen as a step towards wider adoption of cryptocurrency, although tax implications remain a barrier for everyday use [4][5][6][7][8][9] Bitcoin Analysis - Bitcoin reached a new all-time high approximately two months ago but has since stalled, despite institutional adoption and retail accumulation [1][2] - The potential Bitcoin Act legislation could lead to the U.S. government purchasing 1 million Bitcoin over five years, representing about 5% of the total supply, which could impact market dynamics [2][3] Ethereum Analysis - Ethereum has shown relative strength compared to Bitcoin, with a recent price challenge near its all-time high of approximately $4,900 [1][2] - The stablecoin legislation and the high utilization of Ethereum for stablecoin transactions are contributing to its price performance [1][2][3] Altcoin Market - The current market may be experiencing an "altcoin season," where altcoins like Ethereum and Solana outperform Bitcoin [1][2] - Solana is noted for its speed and lower costs compared to Ethereum, prompting Ethereum developers to enhance their network's competitiveness [1][2] PayPal Developments - PayPal's new feature allows for the transfer of crypto assets between users without triggering taxable events, which could facilitate wider crypto adoption [4][5][6][7] - Legislative efforts, such as a proposed de minimis exemption for crypto transactions under $300, could further support the use of cryptocurrency in daily transactions [8][9]

Group 1 - Newly listed crypto exchange Gemini's shares experienced a 14% increase on Friday following their public debut, currently trading around $32 after peaking at $45 [1] - Cryptocurrencies, including Bitcoin, Ether, and Solana, are experiencing a pullback at the start of the week [1] - Chinese pre-orders for Apple's newest iPhone are reportedly breaking records, indicating strong demand [1] Group 2 - Anticipation surrounds this week's Federal Reserve meeting, with discussions about the presence of Lisa Cook and Steven Myron [2] - Former Minneapolis Fed President Gary Stern is expected to provide insights during the upcoming segment [2]

This morning, investment firm Panta announcing a Salana digital asset treasury company to be listed on the NASDAQ. Joining us right now is the man behind it all, Dan Morhead. He's the founder and managing partner of Panta.Good morning to you. >> Good to see you. >> Help explain what's going on here.Um, I want to understand you what you're doing, but also this sort of larger phenomena of these treasury companies and how we and the public and investors should think about them. >> Sure. So for 12 years, we've ...

Crypto exchange Gemini pricing its IPO above an expected range. Gemini selling 15.2% million shares for $28 each, giving the company a valuation above $3 billion. The company listing at the NASDAQ and under the simple GMI.Join us right now first on CNBC. We're thrilled to have him back with us. Tyler and Cameron Winklevoss, co-founders of Gemini.And uh we've been talking about crypto together for so long. Uh, congratulations. This is uh quite quite the road.I when we first started talking about this, I want ...

price of Bitcoin. Take a look. 113,900 almost $114,000 right now.Joining us in exclusive interview is Galaxy CEO Mike Novagrats. Mike, thanks for joining us and thank you for joining us on this week of our 30th anniversary. We've been talking at least now I think with you about Bitcoin for at least a decade if not longer.And um I'm curious where you think this is all headed uh at this point in the ball game. Uh we had Tom Lee on the broadcast earlier this week and he said he thought there was a chance that ...

Company Overview - The Winklevoss Twins are notable figures in the crypto space and are associated with the Gemini exchange, which dates back to 2014 [1] - Gemini is planning an IPO, increasing its share pricing to between $24 and $26 for 17 million shares, valuing the company at $3 billion [2] Financial Performance - Gemini has been operating at a loss for several years, with losses in the first half of this year exceeding those of all of 2024 [2][4] - Despite the losses, there is a surge of interest in IPOs this year, particularly under the pro-crypto Trump administration [3] Market Trends - There is a growing trend of companies adopting crypto treasury strategies, which has been popularized by figures like MicroStrategy's Michael Saylor [4][5] - Bitcoin has been lagging in performance compared to other cryptocurrencies like Solana and Ethereum, which are seeing better results due to treasury strategies [6][7] Investment Landscape - Investors are backing significant deals in the crypto space, with a focus on long-term potential for certain cryptocurrencies [8] - The intersection of AI and blockchain is being explored through projects like Worldcoin, which aims to establish proof of human identity in a digital context [9][10][11]

Crypto treasury companies have taken the market by storm, and that's because they've been raising tens of billions of dollars to buy as much crypto as possible as fast as possible. At some point though, you start to wonder where all of this money is coming from and who's buying the stocks of these companies. Well, today we look at the largest crypto treasury companies, reveal how much they've raised, where that money came from, and who their largest shareholders are.My name is Nick. Stay tuned. Before we be ...