Fund managers double down on Bitcoin as crypto sentiment rebounds — CoinShares
Institutional investors are gradually increasing crypto exposure as Bitcoin leads allocation preferences amid rising fund inflows and improving market sentiment....
Coins in this story
Explore how RWA is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Coinbase stock drops 4% after surprise 1Q miss as crypto trading slows
Coinbase shares fell 4% after missing Q1 earnings and revenue targets as declining crypto prices weakened trading activity. The platform reported a $1.49 loss per share versus expected 27-cent profit, with transaction revenue hitting $755.8 million below $805.2 million estimates. Despite 14% workforce cuts, Coinbase is pivoting toward derivatives, stablecoins, and prediction markets to reduce trading-fee dependency and stabilize revenue.
Coinbax wins $20,000 PitchFest prize at Consensus Miami for stablecoin compliance
Coinbax won $20,000 at Consensus Miami's PitchFest for programmable escrow software enabling compliant stablecoin payments. Founded by former Jack Henry executive Peter Glyman, the startup uses smart contracts to hold funds while third-party services verify identity and sanctions before settlement. Already live on Base mainnet with pilot programs underway, Coinbax addresses bank hesitancy around onchain payment infrastructure.