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 1999.16, down 1.4% (-28.56) since 4 p.m. ET on Wednesday. None of the 20 assets are trading higher. Leaders: ETH (-0.2%) and BNB (-0.8%). Laggards: APT (-11.0%) and AAVE
Rising tensions in the Middle East are pushing investors toward safe-haven assets, with gold demand climbing as investors flee equities and crypto markets. On Wednesday, reports revealed that Iran has sharply increased crude oil exports, with shipments from Kharg Island reaching 20.1 million barrels between Feb. 15 and Friday, about three times January’s level, as
STS Digital, a Bermuda-regulated digital asset trading firm serving institutional clients, has secured $30 million in a round led by CMT Digital, according to a Thursday announcement. Payward, the parent company of exchange operator Kraken, also participated alongside Arrington Capital, BitRock Capital, Strobe Ventures, and Fidelity’s affiliated investment arm, F-Prime. Established in 2022, STS Digital
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Despite the wave of attention RWAs have received over the past couple of years, there’s a sense that everyone is waiting for something to shift. The problem is that many “tokenized” assets
AllUnity, a stablecoin platform backed by Deutsche Bank, has launched a new stablecoin denominated in Swiss francs (CHF). After introducing its euro-pegged EURAU stablecoin last year, AllUnity is rolling out CHFAU, a stablecoin pegged 1:1 to the franc, the company said in an announcement shared with Cointelegraph on Thursday. Initially available to institutional and professional
Global digital asset banking group Sygnum has announced the launch of an institutional crypto asset management service targeting the $100 billion corporate crypto treasury sector. Sygnum Select, launched on Thursday, is described as a “discretionary mandate service” that applies Swiss banking’s established portfolio management model to crypto assets. The service launches with live client mandates,
Russian authorities are gearing up to soon put the digital ruble in test mode, announced the head of the executive power in Moscow. The news coincides with preparations to adopt a law, which, while legalizing cryptocurrencies, will also subject operations with them to strict control by the state. Russian government to begin testing the digital
The International Monetary Fund said Wednesday that US inflation will not return to the Federal Reserve’s 2% target until early 2027. The assessment, part of the IMF’s first Article IV review of the Trump administration, signals that meaningful rate relief remains distant despite the president’s optimism. IMF Flags Fiscal Risks IMF Managing Director Kristalina Georgieva