Opinion by: James Harris, group CEO of Tesseract In an environment of tightening margins and heightened competition, yield is no longer optional. It has become a necessity. This gold rush mentality obscures a critical truth defining the industry’s future: Not all yield is created equal. The market’s obsession with headline returns sets up institutions for catastrophic losses. On the surface, the industry is brimming with opportunity. Protocols advertise double-digit returns. Centralized platforms tout simple “yield” products. Marketplaces promise instant access to borrowers. These disclosures are not nice-to-have nuances for serious…
Category: Bitcoin News
The Secret To Coinbase’s Billion-Dollar Acquisition Strategy
With an estimated value of $100 billion, it’s hard to believe that a company like Coinbase needs to acquire new businesses to grow. But with $10 billion in cash on hand, the US’s biggest cryptocurrency exchange continues to seek out the next big opportunity in the sector. Coinbase has not been shy about writing checks in 2025. The exchange reportedly paid $2.9 billion in a cash-and-stock acquisition of cryptocurrency options trading platform Deribit in August. Then came its headline-grabbing $375 million acquisition of onchain capital raising platform Echo in October.…
BlackRock CEO Calls Crypto And Gold ‘Assets Of Fear’
BlackRock CEO Larry Fink said investors are turning to gold and cryptocurrency out of fear that their assets are losing value amid growing concerns over global financial stability. “Owning crypto assets or gold are assets of fear,” BlackRock CEO Larry Fink said at the Future Investment Initiative (FII) conference in Saudi Arabia, according to a livestream by DWS News. “You own these assets because you’re frightened of the debasement of your assets,” the Fink said, adding that investors are worried about the financial and physical security of their assets. Fink’s…
A16z Leads $12.9M Round for ZAR’s Stablecoin Push in Pakistan
Venture capital giant Andreessen Horowitz (a16z) is leading a $12.9 million funding round for ZAR, a one-year-old fintech startup aiming to make dollar-backed stablecoins accessible to everyday consumers in Pakistan and other emerging markets. The round drew participation from Dragonfly Capital, VanEck Ventures, Coinbase Ventures and Endeavor Catalyst, according to a Tuesday report by Bloomberg. The startup is targeting Pakistan’s 240 million people, where the World Bank estimates over 100 million adults remain unbanked. Unlike many crypto companies focused on apps or global exchanges, ZAR plans to distribute stablecoins through…
F2Pool Co-Founder Refuses Bitcoin Anti-Spam Soft Fork
Chun Wang, co-founder of major Bitcoin mining pool F2Pool, has pushed back against a proposed temporary soft fork aimed at limiting data spam on the Bitcoin network. Wang wrote in a Monday X post that “BIP-444 is a bad idea.” He added that he, and presumably F2Pool, are “not going to soft fork anything,” whether it is “temporary or not.” “Feel sad that some devs [are] moving further and further in the wrong direction,” he said. Bitcoin Improvement Proposal (BIP)-444 is a temporary soft-fork proposal for the Bitcoin network aimed…
Metaplanet Launches $500M Bitcoin-Backed Share Buyback
Tokyo-listed Bitcoin treasury company Metaplanet Inc. unveiled a 75 billion Japanese yen (about $500 million) share repurchase program backed by a Bitcoin-collateralized credit facility, following a decline below 1 of its market-based net asset value (mNAV). In a Tuesday announcement, the company said the move aimed to maximize Bitcoin (BTC) yield per share and restore market confidence as its stock trades below the value of its Bitcoin holdings. The buyback program, approved by the board, allows for the repurchase of up to 150 million common shares, representing 13.13% of total…
Bitcoin ‘Too Expensive’ For Retail, Threatens Bull Market Cycle Above $125K
Bitcoin is becoming increasingly unattainable for average investors, raising questions about whether the current bull market can sustain its momentum beyond the traditional four-year cycle. Crypto market intelligence company 10x Research suggested Bitcoin (BTC) is becoming too expensive for sustained retail purchases, a development that may endanger the predicted extension of the current bull market cycle. Despite numerous calls for an extended market cycle, drawing on the conclusions of the four previous market cycles is “highly questionable,” according to 10x. “Bitcoin is suffering from diminishing returns,” the company stated in…
Ripple-Backed Evernorth Now Holds $1 Billion In XRP
Evernorth Holdings, a new Ripple-backed digital asset company, has reportedly amassed $1 billion worth of XRP tokens as part of its strategy to establish an XRP treasury. As of Monday, Evernorth’s XRP (XRP) holdings totaled 388.7 million tokens, according to data from digital asset analytics platform CryptoQuant. With XRP trading above $2.60 at the time of publication, the company’s XRP holdings have surpassed the $1 billion mark — a significant milestone in XRP accumulation that came just days after Evernorth’s official debut on Oct. 20 as an institutional vehicle for…
Solana ETF To Bring $6B New Capital: Analyst
Investors are closely watching the launch of the first Solana staking exchange-traded fund (ETF), a move expected to inject billions of dollars into Solana and the broader altcoin market. At least three altcoin ETFs are expected to launch later on Tuesday: Bitwise’s Solana (SOL) ETF and Canary’s Litecoin (LTC) and Hedera (HBAR) ETFs, according to Bloomberg analyst Eric Balchunas. The US Securities and Exchange Commission’s (SEC) approval of the first Solana staking ETF is a “transformative” milestone that may attract an additional $3 billion to $6 billion worth of new…
British Crypto Firm KR1 Eyes London Stock Exchange as UK Warms to Industry
KR1, a crypto staking company based on the Isle of Man, is preparing to move its listing from the small-cap Aquis exchange to the main market of the London Stock Exchange (LSE). Co-founder Keld Van Schreven told the Financial Times that the move, expected to be completed next month, represents “a starter gun for this new asset class on the LSE,” adding that he anticipates more crypto firms will follow. With a market capitalization of around 56 million British pounds (approximately $75 million), KR1 is the “first authentic digital asset…