Wall Street broker Bernstein said 2026 is likely to mark the start of a tokenization “supercycle,” with digital assets having probably bottomed after a weak end to 2025, making market dips an opportunity to add exposure to crypto-linked stocks. The broker says sentiment weakened late last year but underlying fundamentals remain intact, analysts led by
Digital asset infrastructure firm Fireblocks said it bought TRES Finance, a crypto accounting and financial reporting platform for an undisclosed amount, in a bid to close the gap between blockchain-based operations and traditional finance systems. TRES will continue to operate as a standalone product, with Fireblocks supporting its growth and integrating it more deeply into
Bitcoin BTC$91,304.93 and most other digital assets headed lower in U.S. trading on Wednesday, extending overnight losses. At press time, bitcoin was down 3% over the past 24 hours at $91,100. The CoinDesk 20 Index, which tracks the top 20 crypto assets, is trading nearly 4% lower over the same period, led by XRP, which
Key Takeaways JPMorgan and Digital Asset collaborate to launch JPM Coin on the Canton Network. JPM Coin is a USD-denominated deposit token designed for institutional finance. Digital Asset and Kinexys by J.P. Morgan have announced their intent to issue JPM Coin on the Canton Network. Launched on Base in late 2025, JPM Coin (ticker: JPMD)
Key Takeaways Ripple sees no rush for an IPO despite a massive $40 billion valuation. Monica Long emphasizes a strong balance sheet and backing from major strategic investors such as Citadel and Fortress. Ripple President Monica Long reiterated that the company is under no pressure to go public following a $500 million raise that pushed
China, known for its strict bans on Bitcoin (BTC) and cryptocurrencies, is experiencing another crypto crisis. According to the Financial Times, China’s Ministry of Commerce is investigating Meta’s $2 billion acquisition of the AI platform Manus. The reason for this investigation is said to be the company founder’s investment in Bitcoin. Accordingly, Meta’s acquisition of
While Bitcoin and altcoins are starting 2026 with a recovery, some altcoins are standing out from the market with their rise. One of these altcoins, Ripple’s native token XRP, was named “the year’s hottest cryptocurrency” by CNBC after experiencing a 20% increase in the first week of the new year. Brian Sullivan, host of CNBC’s
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2993.52, down 0.5% (-15.41) since 4 p.m. ET on Tuesday. Three of 20 assets are trading higher. Leaders: SUI (+1.1%) and POL (+0.8%). Laggards: UNI (-1.5%) and HBAR (-1.4%).
Tony Volpon, a former director at the Central Bank of Brazil, unveiled BRD, a yield-sharing stablecoin tied to the Brazilian currency and backed by Brazilian government debt. Speaking on the “Cripto na Real” program on CNN Brasil, Volpon said the token will be backed by National Treasury bonds, linking its value to sovereign debt and
Digital asset company CoinFlip has launched a new workplace benefit that allows employees to invest in cryptocurrencies directly through payroll deductions, offering a payroll-based investing mechanism to digital asset investing as interest in portfolio diversification continues to grow. The program enables employees to automatically purchase cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Solana (SOL) and