Crypto cards, payment cards that let users spend stablecoins and other crypto at traditional merchants, have quietly become one of the fastest-growing segments in digital payments, with volume now approaching the scale of peer-to-peer stablecoin transfers, according to new research from Artemis. Monthly crypto card volume rose from roughly $100 million in early 2023 to
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 2985.7, up 0.3% (+8.4) since 4 p.m. ET on Friday. Ten of 20 assets are trading higher. Leaders: BCH (+3.1%) and AAVE (+1.4%). Laggards: POL (-4.5%) and ICP (-1.0%).
The U.S. Treasury was also expected to repurchase an amount of 4 billion of their own debts today but this was put on hold due to a technical hitch. This knowledge is provided by an official announcement of the Treasury made publicly. NEW: 🇺🇸 The U.S. Treasury was scheduled to repurchase $4 billion of its
Copper hit a new record high this week as crypto traders focused on the surge in silver and gold. However, copper’s rise could actually shift the rate path that underpins the market’s liquidity narrative. The all-time high for copper is now around $6.06 per pound as of Wednesday, Jan. 14. Futures activity has tracked the
BitMine Immersion Technologies’ (BMNR) $200 million investment in Beast Industries represents a favorable strategic diversification that could enhance the company’s long-term valuation, according to investment bank B. Riley. The bank said the investment, announced Thursday, in the privately held entertainment and consumer products company best known for YouTube creator MrBeast, provides the company with optionality
One trader on the cryptocurrency prediction markets has claimed to have turned just $12 into more than $104,000 after placing only 16 trades. Specifically, an X user under the username ascetic boasted that he had successfully completed his goal of turning $12 into more than $100,000 in just 16 trades, according to a post shared
Vanguard just made a move that caught the entire crypto and stock market’s attention. The Vanguard Mid-Cap Index Fund Institutional Shares (VMCIX) has disclosed its first-ever purchase of MicroStrategy (MSTR) stock. According to a new 13F filing, the fund bought 2.91 million shares, worth around $505 million. JUST IN: $12 trillion Vanguard Group Mid-Cap Index
Major U.S. mortgage lender Newrez has announced a new policy. Which allows borrowers to use their crypto assets to qualify for a mortgage without selling them. The program is set to start in February 2026. This move is part of Newrez’s Smart Series products and marks a big step toward bringing cryptocurrencies into mainstream finance.
Following the US Department of Justice’s (DOJ) initiation of an investigation into Federal Reserve Chairman Jerome Powell, market dynamics shifted against Donald Trump’s expectations. According to market forecasts, Powell’s chances of remaining at the Fed after his term ends in May, potentially serving until 2028, are increasing. Meanwhile, Kevin Warsh, seen as a more hawkish
Crypto stocks are getting crushed today. The biggest drops are coming from Circle, Robinhood, Coinbase, and Strategy. Circle is down 9.67%. Robinhood dropped 7.78%. Coinbase sank 6.49%. Strategy lost 4.68%. The panic started after a total collapse in Washington. There was a major crypto bill scheduled for a Senate vote. That was supposed to happen