Dogecoin traded quietly after the Federal Reserve announced a widely expected rate cut, holding key support as traders weighed what easier policy means for risky assets. News context The Federal Reserve announced a 25 basis point cut in its key rate on Wednesday, lowering the target range to between 3.5% and 3.75%. Although the move […]
Third Fed Cut Fails to Spark Rally in DOGE and SHIB Read More »
The price of BNB, the native token of the BNB chain, fell 3% over the past 24 hours to $865 as traders digested the Federal Reserve’s rate cut on Wednesday. BNB fell along with the broader CoinDesk 20 Index (CD20), which is down 3.4% over the same period. The token reached $908.83 on Wednesday before
BNB Falls Below $865 as Crypto Market Drops Read More »
Hex Trust announced that it will issue and custodian XRP (wXRP), a 1:1 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 other supported chains including Solana, Optimism, and HyperEVM. wXRP will launch with a total value
Wrapped XRP goes live on Solana and Ethereum in Ripple Boost Read More »
TONNE$1.6411 fell 3.3% in the past 24 hours to $1,596, falling alongside the broader crypto market even as trading volume and ecosystem expansion suggest growing institutional interest. The token climbed to $1.6929, then lost strength during the day before finding support near $1.5930, according to CoinDesk Research’s technical analysis data model. The decline occurred despite
Token slides 3.3% to $1.59 as broader crypto market weakens Read More »
Falling crypto prices appear to have played a role in the 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 was also down 19% from levels a year ago, when crypto was booming thanks to Donald Trump’s
Crypto Trading Crisis Hits November Results 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 announced in a press release on Thursday. Financial details of the acquisition were not disclosed. BCP said the Corbiere deal would add equity and events strategies to its existing
Global bank JP Morgan has held a historic commercial paper offering 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 on-chain and settled using USDC,
JPMorgan Dives Deeper into Tokenized RWA 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 fraud that wiped approximately $50 billion from the crypto ecosystem as of May 2022. During the lengthy hearing, District Judge Paul Engelmeyer of the
Do Kwon’s sentencing hearing drags on as court weighs mountain of victim testimony Read More »
US-listed cryptocurrency exchange Coinbase (COIN) has launched the latest version of its stablecoin-based payment protocol for AI agents, making it easier to expand and branch the autonomous payment system, the exchange announced in a blog post on Thursday. The fast track x402 V2 takes the AI agentic payments tool from “So what does it actually
Coinbase Expands Reach of Its Stablecoin-Based AI Agent Payments Tool Read More »
The crypto sector has been freed from its annual benchmark in the litany of financial risks posed to the US system by the Financial Stability Oversight Council, although it is not unique in this, as the report effectively removed much of the focus on “vulnerabilities” in the financial system. The FSOC, created after the 2008
US financial risk watchdog FSOC considers erased digital assets a potential danger Read More »
