Bitcoin price today: up to $92.5k but remains in range, markets weigh Fed outlook
Bitcoin price today: up to $92.5k but remains in range, markets weigh Fed outlook Read More »
U.S. stocks retreated Thursday after Oracle Corp. had its steepest decline in nearly a year, reviving concerns that heavy spending on artificial intelligence is straining balance sheets faster than it is generating returns. Meanwhile, the crypto market traded with relative stability, diverging modestly from equity weakness as traders remained selective about risk. Bitcoin traded back
Bitcoin, Ether Steady As Traders Next Wave Of Rate Cuts Read More »
Dogecoin traded flat after the Federal Reserve delivered a widely expected rate cut and held key support as traders assessed what easier policy means for risk assets. News background The Federal Reserve announced a 25 basis point cut in its benchmark interest rate on Wednesday, lowering the target range to 3.5%-3.75%. While the move marked
Third Fed Cut Fails to Spark Rally in DOGE, SHIB Read More »
Hex Trust announced that it will issue and store XRP (wXRP), a 1:1 backed representation of native XRP designed to extend XRP’s DeFi and cross-chain utility beyond the XRP Ledger. The wrapped asset will be tradable alongside RLUSD on Ethereum and additional supported chains including Solana, Optimism and HyperEVM. wXRP will launch with more than
Wrapped XRP Goes Live on Solana, Ethereum in Ripple Boost Read More »
The price of BNB, the BNB chain’s native token, fell 3% in the last 24-hour period to $865 as traders digested the Federal Reserve’s interest rate cut on Wednesday. BNB moved down with the broader CoinDesk 20 (CD20) index, which is lower by 3.4% in the same time frame. The token rose as high as
BNB drops below $865 as crypto market moves lower Read More »
TON$1.6425 down 3.3% over the past 24 hours to $1,596, retreating along with the broader crypto market, though trading volume and ecosystem expansion suggest increasing institutional interest. The token rose to $1.6929, then lost steam throughout the day before finding support near $1.5930, according to CoinDesk Research’s technical analysis data model. The decline came despite
The token falls 3.3% to $1.59 as the broader crypto market weakens Read More »
Falling crypto prices appear to have played a role in disappointing overall trading volume results for Robinhood (HOOD). The brokerage app reported crypto volume of $28.6 billion in November, down 12% from October’s $32.5 billion. This amount also fell by 19% compared to the level of a year ago, as the cryptocurrency rose sharply thanks
Crypto trade slump hits results in November Read More »
Crypto investment firm Blockstream Capital Partners (BCP) plans to acquire Corbiere Capital Management, a Jersey-based equity hedge fund founded by Rodrigo Rodriguez, in 2023, the company said in a press release on Thursday. Financial details of the acquisition were not disclosed. BCP said the Corbiere deal will add equity and event-driven strategies to its existing
Blockstream capital to acquire hedge fund Corbiere, expand multi-strategic investment Read More »
Global bank JP Morgan has arranged a landmark commercial paper issuance on the Solana blockchain, in a move that pushes real-world financial instruments deeper into public blockchain infrastructure. Commercial paper, typically issued through legacy systems, is a short-term debt tool that companies use to raise working capital. This was structured onchain and settled using USDC,
JPMorgan pushes deeper into tokenized RWAs with commercial paper issuance on Solana Read More »
NEW YORK – Terraform Labs co-founder Do Kwon will wait a little longer than expected to find out how much time he will serve in prison for orchestrating a massive crypto scam that wiped about $50 billion from the crypto ecosystem in May 2022. In the lengthy hearing, District Judge Paul Engelmeyer of the Southern
Do Kwon’s sentencing drags on as the court weighs the mountain of victim testimony Read More »
