LMAX taps Morgan Stanley and KBW for potential $5 billion IPO

LMAX Group is exploring a sale or IPO targeting a $5 billion valuation, with Morgan Stanley and KBW advising on the institutional crypto trading The post LMAX taps Morgan Stanley and KBW for potential $5 billion IPO appeared first on Crypto Briefing.

3 Altcoins That Could Reach New All-Time Highs This Weekend

Three altcoins enter the weekend within reach of record highs (ATH), led by WhiteBIT Coin, which trades about 12% below its peak. Hyperliquid and Tron complete a list picked on one rule, proximity to all-time highs. The selection follows the same criteria as previous weekend editions. The gaps are wider this time, so each chart […]

3,507 BTC Withdrawn from Bitcoin ETFs Amid Mixed Market Signals

Bitcoin remains a focal point for investors as it holds near key price levels. Despite expectations, altcoins like Ethereum have not mirrored Bitcoin’s momentum. Recent data from Lookonchain indicates a withdrawal of 3,507 BTC from Bitcoin ETFs, totaling a loss of approximately $225.56 million, which may reflect shifting investor sentiment. What Went Down The latest […]

TheFlowHorse Warns of False Urgency in Altcoin Market Dynamics

TheFlowHorse, a well-known figure in crypto analysis, has raised concerns about the current altcoin market dynamics. In a recent tweet, they cautioned followers about a potential false sense of urgency created by influencers suggesting aggressive dollar cost averaging into altcoins. This perspective encourages traders to think critically about their investment strategies while navigating the prevailing […]

Houthi attacks slow but don’t halt Red Sea oil shipments

Houthi attacks on Red Sea oil shipments have slowed but not stopped. Closure of Bab el-Mandeb Strait by September 30 at 20% YES. The post Houthi attacks slow but don’t halt Red Sea oil shipments appeared first on Crypto Briefing.

Poolin, Once-Dominant Bitcoin Mining Giant, Announced Bankruptcy

Key Takeaways: Poolin has filed for Chapter 11 bankruptcy protection in the U.S., representing about 20% of Bitcoin’s global hashrate. Prepetition obligations totaled about $173.1 million of which around $163.7 million is tied to IOUs issued to customers since the freeze on wallet withdrawals in 2022. Poolin will sell the mining assets in Texas under […]