Despite mounting ambitions to join the traditional financial markets, Gemini’s recent filing paints a bleak picture of reality. The platform’s staggering turnover of a $282.5 million loss in just the first half of 2025 starkly contrasts with its aspirations of becoming a reputable, publicly listed entity. This not only demonstrates the fragility of the current
Exchanges
Coinbase’s recent decision to raise a staggering $2 billion through convertible senior notes reflects not just strategic funding, but a deeper ambiguity in its long-term outlook. On the surface, this move might appear as a prudent effort to bolster balance sheets or fuel growth. Yet, beneath that veneer lies a gamble—one that could saddle shareholders
Coinbase’s recent call to integrate Zero-Knowledge Proofs (ZKPs) into the U.S. financial regulatory landscape signals an ambitious attempt to redefine privacy and compliance. While on the surface, ZKPs promise a technological breakthrough—allowing users to prove identity or eligibility without exposing sensitive data—the reality is far more complex. The assumption that cryptographic proofs will inherently secure
The recent announcement that MEXC, a prominent cryptocurrency exchange, now offers futures contracts on Tron Inc. (NASDAQ: TRON) exposes a troubling trend: the blurring of lines between traditional stock markets and the volatile world of cryptocurrencies. While proponents argue that this facilitates access and innovation, it fundamentally undermines the stability and transparency that investors have
In the wake of the latest quarterly earnings reports from Robinhood and Kraken, a superficial glance might suggest a booming cryptocurrency landscape. Both platforms have demonstrated impressive year-over-year growth, hinting at a sector that continues to defy skepticism and external pressures. Yet, a closer examination reveals that these gains are more reflective of strategic positioning
Recently, Galaxy Digital, a titan in the institutional crypto space, orchestrated a staggering transfer of over 17,000 BTC to various leading exchanges within a 24-hour window. Valued at more than $1.7 billion at current market prices, these transactions mark a significant turning point in the firm’s holdings and possibly in the wider market sentiment. This
In the tumultuous realm of crypto trading, where volatility often triggers rash decisions, a new trend is emerging that could redefine how younger investors approach market chaos. A detailed analysis reveals that Generation Z, often accused of impulsiveness, is increasingly turning to artificial intelligence to anchor their decisions in logic rather than emotion. The adoption
The recent announcement by the FTX Recovery Trust about upcoming payouts paints a picture of progress and recovery, but beneath this narrative lies an intricate web of complexities and potential pitfalls that suggest a less optimistic reality. While creditors are urged to prepare for payments around September, the details reveal a process fraught with hurdles,
The recent closure of the FBI investigation into Jesse Powell, founder of Kraken, reveals more about the state of institutional overreach than genuine concern for legal integrity. While authorities have returned seized devices and issued a declination letter, the damage inflicted on Powell’s reputation and on perceptions of oversight remain. This episode exemplifies a troubling
BitGo’s decision to file for an initial public offering marks a bold declaration that the once-mysterious world of digital assets is approaching mainstream legitimacy. Yet, beneath this seemingly optimistic move lies a significant gamble—one that risks exposing vulnerabilities often overlooked amidst the excitement of renewed market momentum. While the company touts its regulatory advancements and
