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Daily Market Wrap | Dec. 10
Hot Topics
SEC approves Bitwise’s BITW as U.S.'s second crypto index ETP, tracking top 10 assets with $1.25B AUM, trading on NYSE Arca.
Strive launches $500M at-the-market preferred stock offering to fund Bitcoin acquisitions, holding 7,525 BTC currently.
Standard Chartered halves 2025 Bitcoin target to $100K from $200K, but holds $500K long-term bull case by 2030.
Market Updates
Stripe’s Tempo launches testnet for stablecoin payments, adding Kalshi, Mastercard, UBS, and Klarna as partners.
Cascade launches 24/7 neo-brokerage with unified margin for perpetuals on cryptos, U.S. stocks, and privates like OpenAI.