Business – Page 26

Elon Musk could become a top 5 corporate bitcoin (BTC) holder if Tesla and SpaceX merge

Elon Musk could soon control one of the largest corporate bitcoin BTC$74,803.10 stocks in public markets if Tesla and SpaceX eventually merge, according to reports of ongoing internal discussions to merge the companies. CNBC reported Tuesday that Musk has discussed with colleagues the possibility of folding Tesla and SpaceX together, citing people familiar with the […]

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Robinhood lets AI do the trading for you so you don’t have to keep checking the markets

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Robinhood (HOOD) gives retailers a new way to automate investing: letting artificial intelligence make decisions and execute trades on their behalf. Customers can now connect third-party AI agents to Robinhood accounts to manage trading activity and even complete purchases via virtual credit cards, Robinhood announced Wednesday. The rollout includes two products, Agentic Trading and the

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Crypto IPOs Could Create Massive $1 Trillion Market Amid Tokenization Wave, Jefferies Says

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Jefferies said it expects a new wave of crypto- and blockchain-related public listings as institutional adoption of digital asset infrastructure accelerates across Wall Street and the payments industry. In a report published after its first Digital Assets Investor Conference in New York, Jefferies said it expects an increase in crypto-related public listings over the next

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BIS’s Project Agora finds that tokenization can make cross-border payments faster and safer

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A major experiment led by the Bank for International Settlements (BIS) found that tokenization could help solve some of the biggest pain points in cross-border payments, from slow settlement times to costly reconciliation between banks. Project Agorá, a joint effort between the BIS, seven central banks and more than 40 private financial institutions, concluded that

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Why the Senate Needs to Finish the Job on Digital Assets

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At the recent Senate Banking markup of the Digital Asset Market Clarity Act (CLARITY), Senator Angela Alsobrooks (D-MD) shared a story that should resonate with every parent in America. She talked about her twenty-year-old daughter and her daughter’s generation—their intuitive interest in digital assets and their desire for a modern financial system that offers both

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Block is starting the rollout of Cash App’s gradual stablecoin to its nearly 60 million users

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Block’s Cash App has quietly begun rolling out its much-anticipated stablecoin payment feature, a source familiar with the matter told CoinDesk on Wednesday. According to this person, the feature is now active for 25% of the Cash App’s nearly 60 million users, with plans to scale to 100% by the end of the week. Block

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Banca Sella gets green light to provide crypto services to customers, first in Italy

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Banca Sella said it became the first Italian lender to secure a crypto services license from the Bank of Italy under the EU’s Markets in Crypto-Assets (MiCA) regulation. The private bank, which has 50 billion euros ($54 billion) in assets under management and more than 3.1 million customers, said it completed a formal 40-day notification

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DEX Orca Launches New Marketplace for Real-World Tokenized Assets

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Orca, one of the largest decentralized exchanges on Solana, is launching new infrastructure aimed at bringing real-world regulated assets on-chain as crypto firms push deeper into tokenized stocks, commodities and other traditional financial products. The Solana-based platform said on Wednesday it had rolled out “permitted pools,” a system that only allows approved investors to trade

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Kraken launches Bitcoin Vault as demand for BTC dividend products grows

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Crypto platform Kraken offers customers an easier way to earn returns on their bitcoin BTC$75,716.70 holdings without selling or actively managing assets across decentralized finance (DeFi) protocols. The Bitcoin Vault product in Kraken Earn allows users to win rewards denominated in bitcoin while maintaining exposure to the price of BTC. It is aimed at long-term

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Traders again favor dollar stablecoins USDT, USDC over bitcoin: Crypto Daily

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A market dynamic that characterized the steep bitcoin BTC$75,892.91 and selling in the crypto market early this year is making a comeback: Traders are once again favoring dollars over the largest cryptocurrency. This is evident from trends in their respective dominance rates, a measure of a cryptocurrency’s share of the total market capitalization of the

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