Crypto IPO pipeline stalls in 2026 as bankers point to macro and weak demand
Cohen & Company’s Christian Lopez says access to capital and aftermarket support now matter more than regulatory clarity.
Cohen & Company’s Christian Lopez says access to capital and aftermarket support now matter more than regulatory clarity.
The flow reversal is a sentiment inflection, but the reporting interval and asset split were not specified.
The company said it still holds 1,514 BTC, won’t buy more, and may sell additional coins for other opportunities.
He framed BTC near $63,000 as a typical drawdown, kept trend signals bearish, and set a 2027 quantum-upgrade urgency date.
The move lands as New Hampshire reviews a bond-linked proposal tied to a CleanSpark-connected borrower and ETF flows stay two-way.
Cycle math cited through the 2025 $126,000 high implies the next peak needs a larger multiple than recent history delivered.
A court filing says Matthew Goettsche and prosecutors reached an “agreement in principle” ahead of an October trial date.
Selling pressure compressed to 16% in June–July, but underwater 1–6 month holders may sell into $70k–$71k.
MiCA-compliant euro stablecoins grew to nearly $674M ahead of July 1 as Strategy sold 3,588 BTC to fund dividends.
The push follows a 20-year Anthropic lease that TeraWulf says carries about $19B in contracted revenue.
WTI stayed soft after rejecting from $76 and DXY slid for a third day toward mid-June lows as BTC neared three-week highs.
Traders are eyeing resistance at $65,434, $67,292 and the 200-day near $71,147, with $1.21B+ OI at Deribit’s $80K strike.
The firm argues DeFi is “quietly re-rating,” but its market-cap index is 61% weighted to Hyperliquid’s HYPE.
The 3-2 vote halts a Moody’s-rated Ba2 structure that was positioned as a first-of-its-kind state-authority deal.
The Sparks facility targets year-end commercial production and includes state tax incentives tied to qualifying sales taxes.
Fitch tracked $15.6B in private-credit redemption requests as U.S. spot bitcoin ETFs saw $4B to nearly $5B of outflows.
Disclosed sales at WULF, RIOT, CORZ and CIFR and Tether’s Bitdeer trim are reframing the AI pivot trade around supply and alignment.
A research note argues the key risk is not Strategy-related dynamics but adoption that bypasses public chains and tokens.
Modeling of NIST’s ML-DSA-44 implies blocks could fit roughly 500–700 transactions without mitigation.
The split hit as the U.S. 10-year yield held near 4.60%, a seven-week high that has pressured risk appetite.