Key Takeaways Grayscale’s Crypto 5 ETF (GDLC) began trading on NYSE Arca as the first multi-asset crypto ETP in the US. The ETF provides exposure to BTC, ETH, XRP, SOL, and ADA, covering over 90% of the crypto market capitalization. Grayscale Investments has officially launched trading of its CoinDesk Crypto 5 ETF, formerly the Grayscale
Wall Street opened higher on Friday, with the major gauges eyeing fresh record highs as President Donald Trump and Xi Jinping held talks over the U.S.-China trade standoff. Summary Stocks edged up on Friday to pick up from the record highs levels at close on Thursday. Dow Jones was up 100 points as Wall Street
Coral Protocol has launched Coral v1, introducing Remote Agents to streamline how developers deploy and coordinate multi-agent systems, as per reports shared with Finbold on September 19. The update provides access to production-ready Remote Agents on demand, designed to reduce infrastructure overhead and speed up deployment. For the first time, developers can rent ready-to-use Remote
Ripple Chief Legal Officer Stuart Alderoty has hailed an important development for crypto ETFs. The Ripple CLO was reacting to a tweet by the National Cryptocurrency Association that the Securities and Exchange Commission (SEC) has approved new rules that make it easier for stock exchanges to list crypto ETFs. Exchanges like the Nasdaq and NYSE
U.S. banks are intensifying efforts to ensure stablecoin issuers cannot earn yield, warning lawmakers that allowing rewards would drain deposits and destabilize lending. But stablecoin advocates argue the campaign is less about protecting financial stability and more about protecting a $187 billion annual profit engine that banks derive from payment processing fees. The fight, now
There have been bullish predictions for Bitcoin for a long time, but now bearish rhetoric has started to emerge. At this point, IntoTheCryptoverse founder Benjamin Cowen predicted that Bitcoin could drop by 70% in the next bear market. He noted that Bitcoin follows the traditional 4-year bear-bull cycle based on the halving, and predicted that
Franklin Templeton’s Max Gokhman explained what the investment firm is doing to meet increasing client demand for crypto assets. Summary Franklin Templeton’s Max Gokhman breaks down client demand for crypto assets Crypto is an asset class that institutions should take seriously, Gokhman stated As the digital-asset space matures, institutional interest is rising, especially due to
Key Takeaways The ECB reports continued progress in developing the digital euro, a central bank digital currency (CBDC) for the eurozone. Testing for the digital euro is expected to end by October 2025, with a possible launch after that date. The European Central Bank sees progress in digital euro development as the central bank digital
Exciting news is rippling through the crypto world as EZ Labs, formerly known as Binance Labs, has significantly increased its stake in Ethena Labs. This strategic move, first reported by BWE News, highlights a growing confidence in Ethena Labs and its innovative synthetic dollar protocol, USDe. This crucial EZ Labs Ethena Labs investment is set
Local reports say the power company cut power to Tether’s operation on July 25 amid a renegotiation of Uruguay’s power tariffs. In June, the company signed an MoU conditioned on payment of its outstanding debts. Tether Faces Power Cuts in Uruguay Amidst $5 Million Outstanding Energy Debt Tether, the multi-billion-dollar crypto and stablecoin company, is