Buck, a digital asset technology company, has announced an update to its core yield-bearing token, increasing its annual yield to 10% and introducing automatic reward distribution for holders. According to the announcement shared with Finbold on February 12, the changes take effect on February 12 and apply to the existing token rather than a newly
In a significant move for global finance, Russia has announced a strategic pivot to deploy its central bank digital currency, the digital ruble, primarily for international trade settlements with fellow BRICS nations, targeting a pivotal September 1, 2025, launch date for cross-border payments. The Digital Ruble’s International Mandate Timur Aitov, chairman of Russia’s Financial Market
Wall Street giants, including JPMorgan, Bank of America, and Morgan Stanley, have given their forecasts ahead of the January U.S. CPI release tomorrow. Meanwhile, the crypto market continues to trade flat ahead of tomorrow’s macro data, which would impact the Fed rate decision at the March FOMC meeting.
U.S. equities traded mixed midday Thursday, with the Dow Jones Industrial Average edging higher while the S&P 500 and Nasdaq Composite remained under pressure as investors recalibrated rate expectations and rotated out of high-growth technology shares. Wall Street Splits as Dow Grinds Higher While Tech Drags Nasdaq Lower As of late morning Feb. 12, the
Taurus, a leading provider of digital asset infrastructure backed by Deutsche Bank, Credit Suisse, and State Street, has joined forces with Blockdaemon, which powers institutional staking across over 60 protocols, to bring institutional-grade staking services to global banks and financial institutions. With this collaboration, Taurus clients can now stake assets across major proof-of-stake (PoS) networks
Bitcoin BTC$66,988.52 has fallen back to the low end of its recent trading range during late-morning U.S. trading hours on Thursday as the tech-heavy Nasdaq tumbles 1.6%. Trading at $65,700, bitcoin is now lower by 1.5% over the past 24 hours, while ether ETH$1,961.10, just above $1,900, is down more than 2%. The bitcoin price
In today’s newsletter, Joshua De Vos, head of research at CoinDesk, summarizes their latest crypto ETF report covering U.S. adoption, the speed at which it’s happening and asset concentration. In Keep Reading, we link to the U.S. and Global ETF reports for those who want to do a deeper dive. – Sarah Morton Digital assets
ETHZilla (ETHZ) has unveiled a tokenized aviation asset, marking a major step in its plan to bring income-producing real-world assets onto Ethereum. The new offering, Eurus Aero Token I, gives accredited investors access to lease income from two commercial jet engines currently in use by a major U.S. airline, ETHZilla announced on Thursday. The deal,
The Joint Chiefs of Global Tax Enforcement (J5) published two advisories on Thursday warning that over the counter (OTC) crypto trading desks and payment processors are being used to obfuscate and move funds tied to criminal activity. The group, which is made up of tax bodies from Australia, Canada, the Netherlands, the U.S. and the