Sentora has shared its latest chart, showing where the yieldcoin trade stands right now. Some assets are still competing on headline APY, while others are winning because capital keeps flowing into them. The chart itself compares 30-day average APY against TVL across leading yieldcoins, which is exactly the kind of split that matters in a
Artificial intelligence continues to raise fears about the future of jobs as AI startup Anthropic launched 10 new AI agents for banks, insurers, and financial firms. The launch has triggered fresh debate online about whether AI could replace entry-level finance workers, analysts, and even some software-related jobs. Concerns intensified after users on X claimed the
Prediction market platform Kalshi has completed a new $1 billion investment round, bringing its valuation to approximately $22 billion, according to a report from The New York Times. The funding was led by Coatue Management, with participation from Sequoia Capital, Andreessen Horowitz (a16z), IVP, Paradigm, Morgan Stanley, and Ark Invest. Strategic Expansion into Corporate Services
Boston Fed President Susan Collins backed holding rates steady and urged the Fed to strip out language that implicitly points to cuts as the next move, reinforcing a higher‑for‑longer stance that has repeatedly whipsawed crypto when markets price in dovish pivots too early. Collins told reporters she backed the latest decision to keep rates on
Initial US jobless claims came in at 200,000 for the week ending May 2, beating the 205,000 consensus and reinforcing a picture of a still‑resilient labor market that keeps pressure on the Federal Reserve to delay or dilute rate cuts crypto traders have been hoping for. For the week ending May 2, initial jobless claims
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 2171.96, down 0.2% (-4.96) since 4 p.m. ET on Wednesday. Thirteen of 20 assets are trading higher. Leaders: ICP (+9.7%) and DOT (+1.7%). Laggards: BCH (-1.2%) and NEAR (-1.0%).
David Schwartz Reveals Why Ripple Still Has No Legal Path to an IPO Ripple’s long-speculated IPO (initial public offering) is running into a hard legal reality. While market chatter continues, executives have made it clear that a public listing isn’t a near-term priority, and former CTO David Schwartz argues the core issue is simpler: the
Crypto asset manager Bitwise is entering the fast-growing tokenized fund market for the first time through a planned takeover of Superstate’s crypto carry fund. Bitwise intends to assume investment management responsibilities for the Superstate Crypto Carry Fund, known by its ticker USCC, on June 1, the firms said on Thursday. The fund will be renamed
Nationally chartered U.S. bank SoFi’s relaunched crypto business generated $121.6 million in crypto transaction revenue in the first quarter, its first granular disclosure of the unit’s economics since the bank returned to the cryptocurrency space late last year. That revenue was almost entirely offset by $120.7 million in related transaction costs, leaving just $852,000 in
Research and brokerage firm TD Cowen has increased its price target for MicroStrategy (NASDAQ: MSTR) to $395 from $385, signaling continued confidence in the company’s unconventional approach to capital management and Bitcoin accumulation. The revised target reflects what the firm describes as higher-than-expected capital efficiency derived from MicroStrategy’s use of preferred stock issuance to fund