Israel’s Capital Markets Authority gave approval for the first time to a stablecoin pegged to the shekel. Tel Aviv-based cryptocurrency exchange Bits of Gold received permission to issue the token after a two-year evaluation and pilot process, the authority said in a post on LinkedIn. The token, BILS, was developed in collaboration with the Solana […]
Israel approves its first ever regulated stablecoin Read More »
Block (XYZ) said it added 114 bitcoin BTC$76,535.89 in the first quarter, bringing its company holdings to nearly 9,000 BTC, worth about $691 million, according to a public Proof of Reserves dashboard. It held 8,883 BTC at the end of last year. Adding the 19,357 BTC held on behalf of customers, the payments company co-founded
Jack Dorsey’s Block approaches 9,000 BTC in treasury after Q1 addition Read More »
Each episode of “The Late Show With Stephen Colbert” over the past few weeks has offered a fresh reminder that the end is fast approaching. Oprah Winfrey stopped by to tell Mr. Colbert that she had to “say goodbye.” Jake Tapper came armed with a parting gift. Billy Crystal sang him a song. The crowd’s
Stephen Colbert is getting ready to hang it up Read More »
This week’s Federal Reserve meeting is set to be Jerome H. Powell’s last as chairman of the central bank. But the “wait and see” policy path he carefully carved out amid resurgent inflation risks is likely to remain intact long after he leaves the top job. On Wednesday morning, President Trump’s handpicked successor, Kevin M.
Transition to a new Fed chair is unlikely to mean immediate rate cuts Read More »
Another corporate accumulator of cryptocurrency is starting to look a lot like the first. Bitmine Immersion Technologies (BMNR), the financial company led by Fundstrat’s Tom Lee, bought 101,901 ether (ETH) worth about $234 million last week. That’s close to the regular weekly buys of Strategy (MSTR), the Michael Saylor-led bitcoin BTC$76,824.20 digital treasury company, which
Bitmine’s (BMNR) ETH purchase captures the strategy’s bitcoin (BTC) accumulation pace Read More »
Ondo Finance brings tokenized shares closer to their traditional counterparts and offers investors a way to participate in corporate governance. Built with Broadridge Financial Solutions (BR), the feature allows holders of more than 250 tokenized securities on Ondo’s platform to review corporate filings and submit voting preferences through Broadridge’s ProxyVote system. Investors can log in
Ondo Finance adds proxy voting to holders of its $700 million tokenized shares Read More »
The Bank of Japan’s (BoJ) monetary policy decision on Tuesday raised expectations of a rise in borrowing costs by the end of the second quarter. The yen is loving it, while bitcoin remains under pressure. The central bank kept its benchmark interest rate unchanged at 0.75% as widely expected. The decision was not unanimous, however,
BTC remains under pressure after three Bank of Japan (BoJ) members call for a rate hike Read More »
Bitcoin has been rejected at $79,000 three times in eight sessions. The level now defines the area. Bitcoin is trading at $76,923 on Tuesday morning, down 2.4% in 24 hours after rising to $79,399 on Monday and rebounding during the day. Ether fell 3.7% to $2,290, XRP fell 3.2% to $1.39, Solana fell 3.9% to
Bitcoin loses $77,000, ether, solana slip as Hormuz standoff lifts oil to 3-week high Read More »
XRP finally caved to $1.40 and the way it broke matters more than the move itself. This was not a slow drift lower. It was a high push that cleared a level buyers had defended for weeks. Once that kind of support goes away, it usually doesn’t go back quickly. It tends to reverse, and
What next as the Ripple-linked token falls below $1.40 Read More »
Bitcoin BTC$76,959.27 is down 3% in Asian morning trade, holding near $77,000 as markets brace for a week full of macro catalysts. The move appears to be driven more by caution than a shift in sentiment. In a note to CoinDesk, Singapore-based Enflux, a market maker, said traders are reluctant to push bitcoin higher ahead
Prices pressured by Fed uncertainty, oil and AI slowdown Read More »
