Swissquote Cuts Guidance as Crypto Income Falls 66%
Crypto exposure is a material earnings swing factor for Swissquote, while nearly 20% growth in client assets cushions the wider banking business.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
Crypto exposure is a material earnings swing factor for Swissquote, while nearly 20% growth in client assets cushions the wider banking business.
Wellington's $1.3T-AUM debut on Kalshi's cap table, alongside a 2027 IPO runway and $4B annualized revenue, reframes prediction markets from crypto curiosity to institutional asset class.
The $31M quarter is only half the story. The other half is Hyperion building the HIP-3 and HIP-4 rails with the very tokens that drove the gain.
The Japanese firm paused purchases for months while quietly engineering a credit-arbitrage structure, and is now turning to investors to finance the next accumulation leg.
Crypto is moving from a trading question to a custody, tax and inheritance problem, creating a new test for wealth managers as younger beneficiaries expect collaborative, AI-assisted advice.
The long-term accumulation case is being weighed against the possibility that Bitcoin still has one final sell-off before the market bottoms.
A 1% slice of the $9.9T 401(k) market alone would channel roughly $99B into Bitcoin, and that flow needs zero new exchange sign-ups.
Record $62.7M subscription, services and other revenue cushioned softer trading, but the large reported loss keeps Bullish's earnings mix and full-year guidance in focus.
Metaplanet's published addresses made the transfer visible in real time, underscoring the difference between wallet activity and a change in BTC exposure.
The divergence points to a more concentrated market, with large strategic buyers still closing major deals as smaller acquirers slow.
Policy and corporate catalysts remain conditional, while Bitcoin is boxed between $60K and $68K with momentum still tilted toward sellers.
The 2,500-BTC total matters more than the latest $50.72M tranche, with the whale's remaining BTC keeping distribution pressure alive.
The surprise strengthens the disinflation narrative and can support rate-sensitive risk assets, while the Fed still weighs broader inflation and labor data.
A BRL wrapper around Strategy's STRC preferreds is the structural read: monthly USD forwards neutralize the FX drag so Brazilian holders capture the preferred yield.
A 1-3 day settlement cycle is the target. Real-time 24/7 onchain JGB repo settlement would reset Japan's bond plumbing, with MUFG following the JPMorgan Kinexys playbook for US Treasuries.
The gains make distribution a central adoption variable, with institutional capital reaching on-chain dollar products through more than one network.
The shift intensifies competition in tokenized equities, while Ondo's roughly $927M lead keeps issuer scale at the center of the real-world asset market.
A 2.5% Core CPI matching forecasts left BTC unchanged at $63.8K, but Solana's near-halt and roughly $247M of fresh crypto venture funding were the day's real signal.
Metaplanet's 43,000 BTC treasury remains intact, highlighting how custody movements can be mistaken for balance-sheet selling.
Goldman already had a Bitcoin Premium Income ETF on file with the SEC since April. Buying Neos, with over $1B already in BTCI, lets it leapfrog BlackRock's BITA on day one rather than waiting out a…