Crypto prices are rebounding from their worst weekend levels in early U.S. trading on Monday alongside a sizable bounce in U.S. equity indices. Roughly one hour into the session, the Nasdaq is down just 0.1% after futures at one point overnight had indicated a plunge of more than 2%. The S&P 500 and DJIA are
While a potential conflict between the US and Iran has been discussed for a long time, US President Donald Trump gave final approval to the operation against Iran on the 28th. At this point, as the US launched a full-scale military operation against Iran over the weekend, US Defense Secretary Pete Hegseth made new statements
Crypto investment products recorded their first weekly inflows since January last week, snapping a five-week outflow streak of around $4 billion. Crypto exchange-traded products (ETPs) attracted $1 billion in inflows last week, led by $882 million into Bitcoin (BTC) funds, according to a Monday report from CoinShares. “From a macro standpoint, it is difficult to
Sony Bank said it has signed a memorandum of understanding with stablecoin issuer JPYC Inc. to study whether the Japanese yen-pegged stablecoin JPYC can be connected more directly to the bank’s deposit rails. In a statement Monday, the companies said they will study real-time account transfers that would allow users to purchase JPYC instantly from
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 1907.12, up 0.3% (+5.99) since 4 p.m. ET on Friday. Eight of the 20 assets are trading higher. Leaders: NEAR (+12.4%) and SOL (+2.1%). Laggards: DOT (-7.3%) and BCH
Story Highlights Blockchain advisor Anndy Lian lays out an 11-point case against RWA. BlackRock’s BUIDL fund and the $XRP Ledger are absorbing billions in tokenized value despite the skepticism. Lian reveals the one specific use case that could change his mind on the entire RWA narrative. Blockchain advisor Anndy Lian just took a public swing
Tokenized gold assets are changing how markets set gold prices. According to Iggy Ioppe, $PAXG (Paxos Gold) and $XAUt (Tether Gold) handle almost all gold price discovery on weekends when CME futures markets are closed. This allows traders to buy and sell gold 24/7 using blockchain-based platforms, keeping the market active even during traditional off-hours.
U.S. equities fell in pre-market trading after the U.S. and Israel entered into conflict with Iran over the weekend. The Invesco QQQ exchange-traded fund (ETF), which tracks the Nasdaq 100 index, declined 1.5%, though early losses have started to moderate, suggesting that initial concerns may have been somewhat overstated. A Saudi Arabia oil refinery was
The U.S.-listed spot bitcoin and ether exchange-traded funds (ETFs) have seen record outflows over the past four months, confirming that a full-blown crypto market is underway. Investors have pulled $6.39 billion from bitcoin ETFs over four straight months of outflows, the longest monthly losing streak since the funds launched in January 2024, according to data
UAE’s Capital Markets Authority shut both the Abu Dhabi (ADX) and Dubai Financial Market (DFM) stock exchanges for March 2–3 after Iran struck major ports and oil tankers across the Middle East. The ADX and DFM are the two primary equities exchanges in the United Arab Emirates, together serving as the Gulf region’s key capital