A solid down day in crypto is about to take a dive after the Federal Reserve chairman’s unexpected hawkish remarks at his post-policy meeting press conference. “A rate cut in December is far from a foregone conclusion,” Powell said in his opening remarks. It was a shock to markets, which had priced in a 90% […]
Losses widen as Powell pours cold water on December rate cut Read More »
As widely expected, the US Federal Reserve cut its benchmark interest rate range by 25 basis points to 3.75% to 4.0%. As it was generally expected, the Fed also went to finish the reduction of the securities on the balance sheet on December 1, i.e. the so-called “quantitative tightening” process. “Job growth has slowed this
Holding down after Fed rate cut Read More »
Tokenization specialist Securitize rolled out a tokenized credit fund with $57 trillion financial services giant BNY as appetite for real-world assets (RWA) grows rapidly. The Securitize Tokenized AAA CLO Fund (STAC), available on the Ethereum network, aims to offer onchain investors exposure to collateralized loan obligations (CLOs), according to a press release on Wednesday. BNY
Securitize Rolls Out Tokenized Credit Fund with BNY on Ethereum Read More »
HBAR fell 0.3% to $0.2010 on Tuesday as sellers regained control near key resistance. The token traded within a narrow $0.0124 range, falling from a session high of $0.2059 as technical selling limited upside momentum. An increase in trading volume to 249 million tokens – 137% above average – confirmed heavy distribution at the $0.2055
HBAR Consolidates to $0.2010 as Volume Surge Signals Distribution Read More »
MicroStrategy (MSTR), the largest corporate holder of bitcoin BTC$111,285.80 and long seen as a leveraged bet on crypto, has shed nearly $18 billion in market capitalization as enthusiasm dried up and its net asset value (mNAV) premium collapsed in recent months. The stock may be poised for a rebound as a number of key catalysts
Analysts turn bullish on potential S&P 500 inclusion Read More »
Corporate digital asset activity remained muted week over week amid fallout from the latest crypto deleveraging, with Wall Street broker B. Riley noting that capital flows were beginning to normalize as US-China trade talks progressed. Earlier this month, the brokerage initiated coverage on digital asset treasury companies (DATCOs) BitMine Immersion Technologies (BMNR), SharpLink Gaming (SBET),
Crypto Treasury activity still tepid, but capital flows are returning: B. Riley Read More »
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency technology development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Ethereum’s Fusaka Upgrade Completes Final Hoodie Test Ahead of Mainnet Launch BOB Unveils Bitcoin Vault Liquidation Engine to Power BTC-Backed Stablecoin Lending Ledger unveils $179 Nano Gen5, built for
ETH’s Fusaka Upgrade Goes Live on Hoodi, Mainnet Next Read More »
The Nvidia (NVDA)-led rally in stocks this month has now pushed the returns of the S&P 500 and Nasdaq above bitcoin. BTC$112,597.72. With further gains on Tuesday while bitcoin fell, the S&P 500’s 17% year-to-date gain is ahead of BTC’s 16% gain. Nasdaq has extended its lead over bitcoin, now higher by 24%. Gold continues
The S&P 500 takes the lead in 2025 Read More »
Real-world asset (RWA) specialist Ondo Finance (Ondo) has extended its tokenized securities platform to the BNB chain GDP$1,116.79bringing over a hundred US stocks and ETFs to one of the most active blockchain networks. The move opens up access for BNB Chain’s 3.4 million daily users to buy and sell tokenized shares in companies like Apple
Ondo Brings Tokenized US Equity to BNB Chain as Market Doubles to $700M Read More »
The crypto market consolidated with bitcoin BTC$113,265.88 falling back to $113,100 and ether ETH$4,018.12 continues to struggle with the psychological level of support at $4,000. There are two key catalysts from a macro perspective this week: the Federal Reserve’s interest rate decision due later Wednesday and a potential trade deal between the US and China.
BTC price consolidates at $113K ahead of potential US-China trade deal Read More »
