Business – Page 350

OKX gets European payment license for stablecoin and crypto card expansion

Cryptocurrency exchange OKX has obtained a payment institution (PI) license in Malta, in compliance with EU regulatory requirements that will come into force in March. The license allows OKX to continue to offer stablecoin-related payment services across the EU in full compliance with the Markets in Crypto-Assets (MiCA) Regulation and the Second Payment Services Directive […]

OKX gets European payment license for stablecoin and crypto card expansion Read More »

Crypto market drowns in red as bitcoin falls to $68,000, XRP, ETH slide over 5%

Business / Leave a Comment

Crypto markets are deep red on Monday, with industry leader bitcoin sliding lower ahead of a packed week of economic data. At press time, bitcoin BTC$68,444.09 traded near $68,200, down nearly 3% in 24 hours, with XRP XRP$1.4748ether ETH$1,966.47, DOGE$0.1026 record much greater losses. Losses hit 85 of the top 100 tokens by market cap,

Crypto market drowns in red as bitcoin falls to $68,000, XRP, ETH slide over 5% Read More »

Wall Street giant Apollo follows BlackRock in DeFi push with Morpho token deal

Business / Leave a Comment

Apollo Global Management (APO) is moving deeper into crypto, striking a deal that could make the $938 billion asset manager a major token holder in a decentralized lending platform. The firm signed a cooperation agreement with the Morpho Association, the French non-profit organization behind the Morpho protocol, which allows Apollo and its subsidiaries to buy

Wall Street giant Apollo follows BlackRock in DeFi push with Morpho token deal Read More »

Hong Kong tries to build its crypto regulations: State of Crypto

Business / Leave a Comment

Consensus Hong Kong ended with a bang as policymakers announced new initiatives to grow the digital asset sector. You’re reading State of Crypto, a CoinDesk newsletter that looks at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative Politicians at Consensus Hong Kong announced a series of initiatives

Hong Kong tries to build its crypto regulations: State of Crypto Read More »

Founders admit that blockchain transparency is the only defense

Business / Leave a Comment

Prediction markets are increasingly being framed not as gambling platforms but as tools to monetize information, although the founders acknowledged that the line may blur depending on user intent at Consensus Hong Kong 2026. Ding X, founder of Predict.fun, argued that prediction markets are more like insurance underwriting or poker than roulette. “It’s more information

Founders admit that blockchain transparency is the only defense Read More »

BlackRock’s Digital Assets Head Warns Leverage-Driven Volatility Risks Undermine Bitcoin’s Institutional Narrative

Business / Leave a Comment

NEW YORK — While BlackRock’s iShares Bitcoin ETF (IBIT) is among the most successful product launches in Wall Street history, the crypto market’s growing reliance on leverage could do long-term damage to bitcoins BTC$70,413.42 institutional appeal, according to Robert Mitchnick, head of digital assets at BlackRock. Speaking with Anthony Pompliano and investor Dan Tapiero at

BlackRock’s Digital Assets Head Warns Leverage-Driven Volatility Risks Undermine Bitcoin’s Institutional Narrative Read More »

XRP investors probably bought the dive after the recent crash

Business / Leave a Comment

Payment focused cryptocurrency XRP XRP$1.5320 rising faster than bitcoin BTC$70,413.42 and ether ETH$2,067.21 after investors hunted for bargains following the early month crash. XRP’s price has risen 38% to $1.55 since hitting a low of $1.12 on February 6, according to CoinDesk data. In the last 24 hours alone, prices have increased by more than

XRP investors probably bought the dive after the recent crash Read More »

Wall Street remains bullish on bitcoin (BTC) as offshore traders pull back

Business / Leave a Comment

A divergence in global bitcoin BTC$70,157.71 Market sentiment is growing as US institutional investors hold on while offshore traders pull back from their positions. The gap is most evident in the futures markets. CME, the go-to platform for hedge funds and institutional desks in the US, shows that traders are still paying a premium to

Wall Street remains bullish on bitcoin (BTC) as offshore traders pull back Read More »

Sui executives say institutional demand has never been higher

Business / Leave a Comment

Institutional interest in crypto is accelerating even as markets fluctuate, according to Sui executives at Consensus Hong Kong 2026. Stephen Mackintosh, Chief Investment Officer of Sui Group Holdings, called 2025 a “landmark year for institutional adoption,” pointing to the boom in digital asset treasury (DAT) vehicles and the success of spot bitcoin ETFs. “After the

Sui executives say institutional demand has never been higher Read More »