crypto

Blockchain

Strategy Loses Billions on Massive Bitcoin Hoard

Photo via Laura Brett/Sipa USA/Newscom

From 2020 to 2024, Strategy’s shares surged 3,500% as its stock appealed to investors that didn’t want to directly deal with bitcoin.

2 min read

Photo by Robert Way via iStock

Advisor Upside

UBS May Be the Next Wall Street Bank to Let Clients Trade Crypto

The bank is reportedly opening up access to clients in Switzerland ahead of a global rollout.

2 min read
Photo via David Becker/ZUMAPRESS/Newscom

Markets

Tether Outbuys Most Central Banks in Gold Bunker Buildup

Tether seems to be prioritizing buying gold because its value isn’t tied to governments as tightly as fiat currencies are.

2 min read
Photo by teleterapia.fi via Unsplash

Markets

Crypto Firm BitGo Kicks off Huge Year for IPOs

Artificial intelligence companies Anthropic and OpenAI have already taken early steps toward an IPO, The New York Times recently reported.

2 min read

Blockchain

Coinbase CEO’s Change of Heart on Crypto Framework Stalls Key Senate Bill

Photo via Richard B. Levine/Newscom

The US’s biggest crypto exchange has been an active force in shaping crypto laws and a major spender in congressional races.

2 min read

Photo via Richard B. Levine/Newscom

Banking

Morgan Stanley Pushes Past Crypto Blues to Build its First Bitcoin ETF

Bitcoin ETFs just notched $697 million worth of inflows on Monday, their biggest gain since early October.

1 min read
Photo via U.S. Securities and Exchange Commission

Advisor Upside

Caroline Crenshaw’s SEC Exit Leaves Behind an All-Republican Commission

2 min read
Photo via imageBROKER/JAQUE DA SILVA/Newscom

Cryptocurrency

Burned Bitcoin Investors Enter New Year with Less Swagger

Bitcoin, the No. 1 crypto by market cap, hasn’t recovered from a flash crash, chopping more than $1 trillion from the broader sector’s value.

2 min read

Advisor Upside

Vanguard Warms Up to Crypto, Sort Of

From left: Bloomberg Senior Research Analyst James Seyffart, Head of Vanguard Global Quantitative Equity Group John Ameriks. Photo by Griffin Kelly / The Daily Upside.

The firm isn’t fully convinced of crypto’s place in portfolios, with one executive likening it to a ‘digital Labubu.’

2 min read

Advisor Upside

SEC Zeroes In on Advisors Recommending Alternatives. Just Not Crypto

Photo via BONNIE CASH/UPI/Newscom

Crypto’s exclusion further highlights the complete 180 Paul Atkins’s SEC has done on multiple issues from the previous administration.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.