In Washington, the safest vote is often no vote at all, and the most convenient timeline is “next session.” But when it comes to the future of banking, financial markets and financial services, inaction is unacceptable. The US needs crypto regulatory clarity to compete and succeed in the digitally networked financial system of the 21st […]
Finish the job with the market structure of digital assets Read More »
Figure Technology Solutions (FIGR), the blockchain company led by former SoFi CEO Mike Cagney, is debuting a new, tokenized class of its stock that trades exclusively on blockchain rails that cut out traditional middlemen on Thursday, the firm told CoinDesk. The equity token, called FGRD, will be available on Figures Onchain Public Equity Network (OPEN),
Figur (FIGR) debuts its tokenized stock after a raised $150 million offering Read More »
Less than 0.5% of stablecoin transactions were linked to illegal activity by 2025, according to a recent report by blockchain analytics platform TRM Labs. Illegal flows accounted for about 0.4% of total activity, underscoring that the use of the stablecoin remains overwhelmingly legitimate, TRM Labs’ analysis showed. TRM said 2025 was the first year in
Stablecoin volume to hit $35 trillion by 2025 as illegal share remains below 0.5% Read More »
A majority of stablecoin users want their banks to make it easier for them to buy and use stablecoins for regular transactions, according to a new survey compiled by YouGov. About 77% of the 4,658 respondents said they would open a cryptocurrency or stablecoin wallet in their banking or fintech app if one were available.
The majority of stablecoin users would use a crypto wallet issued by their bank Read More »
Bitcoin BTC$66,871.02 and ether (ETH) both rose about 0.9% overnight, while the broader altcoin market lagged on Thursday. BTC recently traded at $67,000 after briefly touching $66,000 on Wednesday. Ether, at $1,970 after bouncing $1,924, is struggling to break through the psychological $2,000 price level. Volatility has eased since the sale on February 5. Two
Crypto Stabilizes After Selloff, While Derivatives Flash Caution Signals Read More »
Crypto prices fell across the majors on Thursday, with Ether, XRP and Solana leading declines as traders struggled to extend this week’s brief stabilization. Bitcoin was trading near $66,700, down about 1.7% over the past 24 hours, according to CoinDesk’s market data. Ether fell a similar amount to around $1,965, while XRP fell nearly 5%
Crypto majors dive despite tech-driven boost in Asian markets Read More »
US-listed crypto ETFs are flashing red across the board, with one notable exception. Bitcoin spot ETFs saw $133.3 million in daily net outflows per Feb. 18, led by BlackRock’s IBIT, which lost $84.2 million, and Fidelity’s FBTC, which lost $49 million. Total net assets across bitcoin funds are $83.6 billion, about 6.3% of bitcoin’s market
Bitcoin, ether, xrp ETFs bleed as Solana bucks outflow trend Read More »
Ledn, a crypto lending company, has completed the first asset-backed securities (ABS) deal backed by bitcoin collateral, raising $188 million for crypto credit markets. Asset-backed securities are bonds that are backed by pools of underlying loans, where investors receive payments from the cash flows generated by those loans. Bloomberg reported that the bonds are secured
Ledn raises $188 million. with the first BTC-backed bond sale on an asset-backed market Read More »
The $40,000 put option has emerged as one of the most significant positions in the bitcoin market ahead of the February 27 expiration, highlighting strong demand for downside protection after a violent selloff. Options are derivatives that give holders the right, but not the obligation, to buy or sell bitcoin at a predetermined price before
Bitcoin falls below $67,000 after Fed minutes strike hawkish chord
Bitcoin falls below $67,000 after Fed minutes strike hawkish chord Read More »
