Kraken plans to list tokenized shares of Nvidia, Apple, Tesla and over 50 other U.S. stocks and exchange-traded funds (ETFs), the Wall Street Journal reported. The tokens, deployed on Solana SOL$178.81, will be known under the name “xStocks” and will …
The U.S. Securities and Exchange Commission sued crypto company Unicoin and three executives on Tuesday night on fraud charges, saying the company raised over $100 million for tokens that were not actually backed by the real estate its executives …
A key crypto bill has opened a rift among Senate Democrats as another big test approaches for the viability of legislation to regulate stablecoin issuers. Most expect the bill to clear a significant procedural vote on Monday night, but Democrats are …
Cryptocurrencies regained footing on Monday after a rocky start to the trading session, mirroring a broader recovery in risk assets as traders digested Moody’s downgrade of U.S. government bonds. Bitcoin BTC$104,964.85 notched a strong rebound after …
The yield on the U.S. 30-year treasury bills crossed the 5% threshold for the first time since April, reaching an intraday high of 5.011%. This move comes in the wake of Moody’s downgrading U.S. credit, stripping the country of Aaa rating due to …
Hardening government bond yields, especially on U.S. treasury notes, have traditionally been viewed as a headwind for bitcoin (BTC) and other risk assets. However, recent persistent resilience in treasury yields suggests a different story — one …
In another addition to the old Wall Street maxim of “buy the rumor, sell the news,” bitcoin (BTC) has headed lower after the U.S. and China announced at least a temporary truce in their trade war. Bitcoin had been pumping higher since …
Stablecoins are on the verge of mainstream adoption this year as the Trump administration pushes ahead with landmark crypto legislation, investment bank Deutsche Bank said in a research report Monday. Despite some resistance in the Senate last week …
Tech titan Meta (META) has reportedly been looking into the possibility of a return to the stablecoin market after having spurred a U.S. regulatory backlash from its efforts in years past, and U.S. Senator Elizabeth Warren told CoinDesk that the …
Market maker Flowdesk has launched an institutional credit desk, expanding its footprint in digital asset markets as traditional finance players seek more efficient ways to deploy and access capital into crypto. Sophisticated institutional …