Crypto venture capital activity has been brisk in recent months, with both established players and emerging projects securing significant funding to fuel the next wave of blockchain innovation. The week of October 19-25 recorded $587.92 million in crypto VC funding across 22 projects. Summary The crypto VC landscape remains dynamic, as platforms like Echo, Pave
Federal Reserve Governor Christopher Waller proposed a new payment account on Oct. 21 that would grant stablecoin issuers and crypto firms direct access to Fed payment rails without full master account privileges. The announcement at the Fed’s inaugural Payments Innovation Conference marked a reversal from the central bank’s guarded stance toward digital asset firms. Waller
Nearly half of Americans are ditching the old-school playbook. According to a Charles Schwab survey released yesterday, 45% of US investors now say they want to put money into non-traditional assets, and that includes everything from crypto and gold to private equity, real estate partnerships, and hedge funds. The same poll says two-thirds of people
A new report from Architect Partners has revealed that crypto-related mergers and acquisitions (M&A) topped $10 billion in value during the third quarter of this year. This is the largest total ever recorded for the sector. That figure doubles the previous record of $5 billion set earlier this year and represents a thirtyfold jump compared
Federal Reserve Governor Christopher Waller floated the idea of the central bank creating a “skinny master account” for crypto firms which would grant them access to the Fed’s payment rails while keeping them away from a full Fed master account. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and
Kyrgyzstan is moving ahead with its national cryptocurrency strategy, launching a stablecoin and preparing for a public sector rollout of a central bank digital currency (CBDC),according to Binance co-founder and former CEO Changpeng Zhao (CZ). The new stablecoin, believed to be KGST, is pegged 1:1 to the national currency, Kyrgyzstan’s Som, and is registered in
Capybara Stocks started posting his stock picks on Reddit as an exercise to understand his own trading methods—and create a way for others to tell him that he’s wrong. Now, a lot more people think he’s got the right idea. Last week, the trader posted about his $3 million gamble on Beyond Meat, the stock
Tom Lee says U.S. stocks can finish 2025 higher and crypto should rally into year-end after a sharp deleveraging, laying out his case during an interview Friday on CNBC’s “Closing Bell: Overtime.” Pressed by co-host Jon Fortt on whether the risk-on trade is back, Lee, who is the chairman of Bitmine Immersion Technologies (BMNR), as