Federal Reserve official Neel Kashkari, in his remarks on monetary policy, conveyed a message of determination in the fight against inflation. Kashkari stated that the Fed needs to reach its 2% inflation target, adding that caution is warranted in the current economic outlook. While noting that the labor market is in good shape, Kashkari said
Harvard University endowment’s decision to trim its bitcoin BTC$67,035.11 holdings while adding exposure to ether (ETH) has raised a familiar question: Is the endowment making a bet on Ethereum over Bitcoin, or simply adjusting risk? The answer may be less dramatic than it appears and potentially bullish for the sector. Michael Markov, co-founder and chairman
The S&P 500 has become a pure geopolitical barometer as the Iran war collides with a sharp spike in oil prices, putting the index’s 2026 rally under serious pressure. Futures tied to the S&P 500 fell about 2% in early Tuesday trading as fresh US-Israeli strikes and Iranian retaliation pushed worries about a prolonged conflict
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 1924.9, down 3.3% (-66.23) since 4 p.m. ET on Monday. One of the 20 assets are trading higher. Leaders: NEAR (+1.3%) and CRO (-1.6%). Laggards: AAVE (-10.0%) and ADA
Visa and Stripe-owned stablecoin firm Bridge have expanded globally the stablecoin-linked card issuance product unveiled last year, which was focused on Central and South American countries. Lead Bank, which was announced as a participant in Visa’s stablecoin settlement pilot earlier this year, is also working with Bridge’s stablecoin infrastructure, according to a press release. Bridge-enabled
The Telegram Ban Philippines debate shook Asia’s digital economy this week. Regulators signaled strong action against platforms linked to scams. Many feared authorities would shut down Telegram completely. That move would have disrupted millions of Filipino users overnight. Yet the government stopped short of a full prohibition. Officials weighed enforcement risks against public backlash. Businesses,
The European Central Bank said increasing stablecoin use may pull money out of bank deposits and weaken the way monetary policy flows through to lending, according to a new ECB working paper. Growing adoption of stablecoins, which are digital assets often pegged to currencies such as the US dollar or euro, is expected to draw
JPMorgan Chase & Co., long known as a traditional financial powerhouse and sometimes crypto skeptic, is increasingly embracing stablecoins and blockchain-based money tokens. The executive says crypto companies that offer stablecoin rewards must face the same regulations as banks because they provide the same financial services. Dimon emphasizes that competition must follow the same rules when products
Stablecoin issuer Circle’s shares jumped another 15% Monday, extending gains to roughly 60% since last week’s fourth-quarter earnings release, as investors poured into stablecoin-linked equities while broader crypto markets held firm. The move follows the company’s announcement of 72% growth in its stablecoin $USDC to $75.3 billion and 77% revenue growth to $770 million, despite