Business

Ripple CEO Slams Wall Street Bank’s Opposition to Fed Master Accounts for Crypto

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Brad Garlinghouse, CEO of Ripple Labs, denounced Wall Street banking lobbyists who sought to resist the move of his company and other crypto companies into the banking sector and into the Federal Reserve’s so-called master accounts. The crypto industry “should be held to the same standards” for anti-money laundering protections and other safeguards against illicit […]

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Boom nears $300 billion as new platforms push market beyond trading: Artemis

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The stablecoin market has seen strong expansion over the past year, with total supply climbing 72% to nearly $300 billion, according to data analytics platform Artemis. Much of this growth has been focused on Ethereum and Solana, with the recent launch of Plasma marking a significant milestone. More than $6 billion worth of stablecoins were

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Strategy Bears (MSTR) Outperform Bitcoin Bears

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This is daily analysis from CoinDesk analyst and certified market technician Omkar Godbole. Strategy Bears (MSTR) Breached Key Bull Market Support, Leaving Bitcoin BTC$111,119.46 the bears trail behind. The technical breakdown focuses on Strategy’s stock price’s recent breakout from its 50-week simple moving average (SMA). This SMA has consistently served as a springboard since March

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Benchmark Raises CompoSecure (CMPO) Price Target to $24 on Arculus Crypto Upgrade

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Wall Street broker Benchmark raised its price target on NYSE-listed CompoSecure (CMPO) from $17 to $24, citing operational momentum, increased M&A options and a key product upgrade to its Arculus crypto wallet unit. The stock was up 2.7% in early trading, around $21. While investors awaited a transformational acquisition, CMPO shares have already surged about

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Stablecoins will disrupt cross-border payments, says investment bank William Blair

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Stablecoins are poised to reshape the global financial system, with investment bank William Blair calling them a “major technological upgrade” to the traditional rails that have long underpinned cross-border money movements. The Chicago, Illinois-based banking company argued that stablecoins would not only replace existing infrastructure for business-to-business transactions but also gain traction in certain areas

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Bitwise CIO explains what happened and where we go from here

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Crypto’s October 10 plunge looks more like a stress test than a regime change, Matt Hougan, Bitwise’s chief investment officer, wrote in his October 14 note. Hougan links the sale to a message released Friday evening by President Trump threatening 100% tax on Chinese goods; With stocks closing, he wrote, traders channeled their reactions to

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