Business – Page 271 – PK Press Club

Hyperliquid oil volume booming thanks to Middle East war (JPMorgan)

Oil volatility triggered by the Iran conflict is pushing traders toward decentralized exchanges (DEXs) like Hyperliquid, where markets never close, Wall Street investment bank JPMorgan said in a report on Wednesday. The bank reported a surge in activity from non-crypto investors using perpetual futures, derivatives with no expiry date, to gain around-the-clock exposure to oil. […]

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Wall Street “ring-fences” blockchain technology as Nasdaq tokenization plan wins major regulatory battle

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The SEC’s new approval of Nasdaq’s token framework marks a key turning point in how stocks might be traded in the future: it puts blockchain at the heart of U.S. stock markets, but on Wall Street terms. The regulatory green light allows Nasdaq to test a system in which certain stocks and ETFs can be

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Aptos (APT) gains 6.3% as index rises

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CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2039.71, up 0.2% (+4.1) since 4 p.m. ET on Thursday. Fourteen out of twenty assets are trading upwards. Leaders: APT (+6.3%) and BCH (+2.5%). Lagging behind: AAVE (-1.0%)

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Why CoinDesk PitchFest is important before Miami

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Web3 has always been cyclical, but it has never stopped growing. Markets bounce and retrace, narratives spin and evolve, but founders continue to ship products and seek their moment to be seen. In an ecosystem where the launch of a protocol or token can happen quickly, it is more difficult than ever to stand out.

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BTC faces new headwinds from rising rate hike odds

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Just a few weeks ago, the U.S. interest rate debate centered on how many rate cuts the Federal Reserve will make in 2026. But with the economy showing only weak signs of slowing, inflation remaining above the central bank’s 2% target, and oil prices rising 50% in three weeks, rates traders are starting to consider

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Ledger hires John Andrews from Circle (CRCL) as CFO, opens New York office

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Ledger has named a new CFO and opened an office in New York as the crypto security company expands its presence in the United States ahead of a planned public listing. The company said John Andrews, a former Circle (CRCL) executive, will take on the role of CFO. Andrews has spent more than two decades

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Kalshi Prediction Market Raises $1 Billion, Double Its December Valuation: Bloomberg

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Kalshi Inc. raised more than $1 billion in a funding round led by Coatue Management, Bloomberg reported Thursday, citing people familiar with the matter. The round valued the prediction market platform at $22 billion, Bloomberg said, double the valuation of the previous round in December, where it also raised $1 billion. This funding round was

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Coinbase Launches Perpetual Stock Futures for Non-US Traders

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Coinbase (COIN) said it has begun offering perpetual stock futures contracts to eligible non-US retail and institutional traders, expanding its derivatives offering to US stocks. The contracts allow traders to take leveraged positions in a group of large-cap U.S. stocks, colloquially known as the Magnificent 7: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla. Perpetual

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Bitcoin (BTC) Price Remains Stable, and Analyst Sees Upside Potential Emerging: Crypto Daybook Americas

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By Francisco Rodrigues (All times ET unless otherwise noted) Bitcoin BTC$70,442.96 has stabilized above $70,000. Its relative strength is remarkable considering the week’s selloff, which sent it down more than $75,000. Most assets saw sharp declines during the period as the conflict in Iran intensified, damaging vital energy infrastructure. A warmer than expected US PPI

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Bitcoin Consolidates as Traders Hedge and Macro Uncertainty Persists: Crypto Markets Today

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Crypto markets were little changed on Friday, with the CoinDesk 20 Index (CD20) largely unchanged. Bitcoin BTC$70,579.90 has gained just 0.8% since midnight UTC and ether (ETH) has added less than 0.1%. Crude oil prices fell below $100 on Thursday and were recently trading at $96 a barrel, with the United States apparently evaluating whether

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