Category: Business

Bitcoin plunges to $66K levels as crypto traders brace for critical US jobs and unemployment rate data release on Wednesday. US dollar and Treasury yields waver as Wall Street expects a rise in US Nonfarm payrolls, which could erase the odds of a Fed rate cut in June.

Stablecoin yields should be passed on to the consumer, Robinhood General Manager Johann Kerbrat said Wednesday at CoinDesk’s Consensus Hong Kong conference. Kerbrat also said it should be up to consumers to decide what they want to do with their savings, though they need to be made aware of the risks inherent in these products.

Clearer rules and improved technology are accelerating the convergence of traditional finance (TradFi) and decentralized markets, driving established institutions into areas such as crypto derivatives, according to panelists at Consensus Hong Kong. “Regulation is really important. It gives you the rails that you need to operate in,” said Jason Urban, global co-head of digital assets

If there is a classic technology hype cycle attached to tokenization — the representation of any asset on blockchains like Ethereum — we are barely getting started. That was the view of Min Lin, managing director of global expansion at Ondo, who pointed out the U.S. Treasuries market alone is worth $29 trillion. Adding in

TL;DR Italy recorded a 103% increase in digital asset holders, reaching 1.4 million users in two years. The total portfolio value reached nearly €2 billion, with an average balance of €1,400 per client. Young investors dominate adoption, as 64% are between 18 and 39 years old, confirming a decisive pro-crypto shift. Interest in blockchain finance

Cathie Wood’s $ARK Investment Management posits the world is at the beginning of a multi-year capital expenditure boom—driven not by traditional infrastructure but by artificial intelligence. In a report on Monday, the firm outlined a trifecta of accelerating trends, including the release of more powerful AI models, a strategy retreat by legacy automakers from electric

Coinbase CEO Brian Armstrong has been knocked out of the ranks of the world’s 500 wealthiest people. According to the Bloomberg Billionaires Index, Armstrong’s net worth has plummeted by over $10 billion from its peak of $17.7 billion just seven months ago. The 43-year-old executive’s fortune now stands at approximately $7.5 billion. The latest blow

On Polymarket, one of the leading cryptocurrency market prediction platforms, investors have begun pricing in their expectations regarding the Fed’s interest rate decision in March. Data from the platform indicates that the market is largely focused on the scenario where interest rates will remain unchanged. According to data from Polymarket, the probability that the Fed

Mrinank Sharma, who led safeguards research at Anthropic, resigned from the AI company yesterday and publicly shared his departure letter. In the letter posted to X, Sharma cited mounting unease over gaps between stated principles and actual decisions at AI organizations and in society more broadly. He described a widening disconnect between ethical commitments and

1 377 378 379 380 381 803