This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. New US crypto ETF launches remain on pause given the ongoing government shutdown. This just means there’s more time to make sense of what the upcoming product wave will look like — and how the world’s largest asset manager will (or
Modern Treasury will acquire Beam, a startup specializing in stablecoin-based payment infrastructure, in an all-stock transaction valued at $40 million. The deal marks Modern Treasury’s first major move into blockchain-enabled finance and reflects growing institutional interest in programmable money and digital dollar rails. Fortune first reported the news. Founded in 2018, Modern Treasury offers payment
UK inflation remains stubbornly high at 3.8%, keeping the Bank of England cautious on interest rate cuts. What does it mean for crypto? Summary UK inflation holds at 3.8% in September, well above the BoE’s 2% target, keeping rate cut expectations on hold. Global factors, including U.S. inflation, a government shutdown, and supply chain disruptions,
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 3565.23, down 3.9% (-146.41) since 4 p.m. ET on Tuesday. None of the 20 assets are trading higher. Leaders: APT (-0.7%) and POL (-3.4%). Laggards: SUI (-6.7%) and FIL
Real estate tokenization specialist Propy laid out plans for a $100 million expansion to acquire mid-size property title firms across the U.S., aiming to streamline an industry that still relies heavily on manual processes with blockchain rails and artificial intelligence (AI). “In the next 12 months, we’ll acquire regional title companies across the country,” Propy
Artificial intelligence has been hailed as the next big thing in both analytics and art. But when it comes to trading cryptocurrencies, your average “crypto degen” might beat AI at it. Not your market analyst The latest data from the CoinGlass AI Model Trading Leaderboard shows how chaotic situations can get when general-purpose AI systems
Galaxy Digital (GLXY) shares closed over 8% higher on Tuesday following blow-out Q3 earnings. The positive results prompted a number of brokers to raise their price targets on the stock. The company led by Mike Novogratz posted a record quarter, fueled by a massive $9 billion bitcoin BTC$108,067.05 trade linked to a Satoshi-era wallet, broker
Some large bitcoin holders are moving coins into spot exchange-traded funds through in-kind creations, converting off-platform BTC into brokerage-account assets they can borrow against or include in estate plans, Bloomberg reported Tuesday. The mechanics rest on a summer policy shift. On July 29, 2025, the U.S. Securities and Exchange Commission (SEC) announced the decision to
Federal Reserve Governor Christopher Waller has proposed a new “limited-access” or “skinny” master account for fintech and crypto firms. The goal is to let qualified institutions use the Fed’s payment system directly instead of relying on traditional partner banks. If adopted, this plan could reduce how much stablecoins and other crypto firms depend on commercial
Deribit, the crypto derivatives exchange acquired by Coinbase (COIN) earlier this year, is working with digital asset custodian Komainu to offer institutions the ability to trade continuously without moving assets off custody, the companies said on Wednesday. The agreement links Deribit to Komainu Connect, a platform that manages collateral between trading venues and custodians. Institutional