Nomura Holdings pushed back against suggestions it is losing confidence in crypto, saying tighter risk controls at its Laser Digital unit are designed to limit short-term earning swings while it focuses on longer-term strategies, the bank told CoinDesk in emailed comments on Wednesday. “Given the nature of the crypto-asset business, we recognize that a certain
Indian crypto investors have shed the speculative itch and are buying the dip in bitcoin BTC$76,073.52 price like seasoned pros, Mumbai-based CoinDCX exchange told CoinDesk. “Indian investors are maturing. They’re no longer driven purely by sentiment or headlines; instead, they’re focused on fundamentals and the long-term potential of the asset class,” CoinDCX’s CEO Sumit Gupta
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 2201.13, down 1.9% (-43.33) since 4 p.m. ET on Tuesday. One of 20 assets is trading higher. Leaders: CRO (+1.4%) and HBAR (-0.4%). Laggards: SOL (-5.3%) and UNI (-3.6%).
Blockchain-based prediction-market platform Opinion said it raised $20 million in pre-Series A round, underscoring that some corners of the crypto economy can still attract sizeable funding even when broader markets are depressed. The round included backing from Hack VC, Jump Crypto, Primitive Ventures, Decasonic and others, according to an emailed announcement on Wednesday. Opinion operates
ProShares unveiled the first U.S.-listed exchange-traded fund (ETF) designed to target the performance of the CoinDesk 20 Index, expanding options for investors seeking broad exposure to crypto markets. The CoinDesk 20 Crypto ETF (KRYP) is the first ETF tied to the benchmark of 20 of the largest and most liquid digital assets, ProShares said in
Elon Musk has crossed the 800M net worth milestone following the blockbuster merger between SpaceX and xAI, a deal that has reshaped both the technology landscape and investor expectations. The combined valuation of the merged entity is being reported at approximately $1.25 trillion, instantly creating one of the most valuable private companies in the world.
Europe’s financial system stands at the edge of a major transformation. According to S&P Global Ratings, euro stablecoins could surge toward a €1.1 trillion market size by 2030. That projection reflects an extraordinary 1,600x expansion from current levels. Unlike earlier crypto growth cycles driven by startups, this wave features traditional banks at the center. Eleven
Global markets reeled as new anthropic plugins for automation raised urgent questions about the future of premium software and data analytics services. Summary Claude Cowork launch sparks broad software rout Thomson Reuters decline leads legal and professional services slump European legal analytics disruption hits RELX and Wolters Kluwer Tech giants dragged lower alongside sector indices
TRM Labs, a blockchain analytics startup used by global law enforcement and financial firms, has raised $70 million in a new funding round that pushed its valuation to $1 billion. The Series C round, Fortune reports, was led by Blockchain Capital with participation from Goldman Sachs, Citi Ventures, Bessemer, Thoma Bravo and Brevan Howard. The
The hype around cryptocurrency companies going public is waning because markets are still viewed as insufficiently large for the traditional finance (TradFi) firms that are taking an increased interest in the industry. Fewer investors feel as confident as they did last year, according to a report from the influential CfC St. Moritz, Switzerland crypto conference,