The United States has approved a newly created national bank for the first time during President Donald Trump’s second term, granting a charter to crypto-friendly startup Erebor Bank. The Office of the Comptroller of the Currency (OCC) confirmed the approval on Friday, allowing the lender to operate nationwide, the Wall Street Journal reported, citing people
Shares of Galaxy Digital (GLXY) jumped 18% to $19.90 on Friday after the company approved a share repurchase program of up to $200 million, giving it authority to buy back its Class A common stock over the next 12 months. The buybacks may be executed through the open market, privately negotiated transactions or other methods,
Bitcoin juggernaut Strategy, Ethereum giant BitMine Immersion Technologies, and crypto exchange Coinbase all looked much more verdant Friday as the price of $BTC stabilized after dropping 14% on Thursday. Strategy, which trades on the Nasdaq under the MSTR ticker, had gained 22% since the opening bell and was recently changing hands for $131. The company
Aether Holding, which provides market analytics powered by AI, has bought PublicView.ai, an AI-based market intelligence platform designed to streamline stock market research by parsing and summarizing SEC filings, according to a Thursday announcement. As part of the acquisition, PublicView.ai will be integrated into Aether Grid. Through the combined platform, Aether aims to accelerate and
Strategy (MSTR), the world’s largest publicly traded corporate holder of bitcoin $BTC$71,091.27, is seeing a quick rise in losses on its vast holdings. The company currently owns 713,502 $BTC at an average acquisition price of $76,052. With spot bitcoin trading near $67,000, this represents an unrealized loss of almost $6.5 billion, or roughly 12% relative
The odds of a Fed rate cut at the March FOMC meeting have spiked following the release of the weekly jobless claims and JOLTS job openings data today. The job report signaled that the labor market remains, which strengthens the case for the Fed to lower rates, a development that could be positive for Bitcoin
U.S. equities extended their selloff Thursday, Feb. 5, 2026, as technology shares led broad declines across major benchmarks amid renewed risk-off sentiment. Nasdaq Leads Market Declines as Risk-off Sentiment Returns U.S. stock markets opened sharply lower, continuing a multi-session pullback that has weighed heavily on growth-oriented sectors. The tech-heavy Nasdaq Composite was among the hardest
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 2006.57, down 6.6% (-142.38) since 4 p.m. ET on Wednesday. None of the 20 assets are trading higher. 9am CoinDesk 20 Update for 2026-02-05: vertical Leaders: AAVE (-5.1%) and