In his latest remarks, Richmond Fed President Tom Barkin said his focus is on inflation, signaling he is not opposed to further Fed rate cuts until inflation is at the central bank’s 2% target. His comment comes as crypto market participants speculate on how many cuts the FOMC will make this year, especially with the
Crypto’s Tuesday has turned from bad to worse as a broader sell-off in the tech sector and financials is unfolding. Bitcoin BTC$78,937.14 has fallen back 5% to $75,000 in the early U.S. afternoon hours, only a few hundred dollars above its low from last weekend. Ethereum’s ether ETH$2,325.24 has dropped 6.5% to near $2,200, while
Alphabet shares briefly hit a record near $350 earlier today before retracing to around $342 as US markets opened, signaling aggressive positioning ahead of the company’s fourth quarter earnings report due tomorrow. Even after the pullback, Alphabet has climbed to become the world’s fourth-largest asset by market value at roughly $4.15 trillion, trailing only Nvidia.
Payward, the parent company of crypto exchange Kraken, said 2025 adjusted revenue grew 33% as transaction volume increased by 34% to $2 trillion. Trading-based revenue accounted for 47% of the $2.2 billion total, the company said in a blog post, with rest coming from non-trading sources such as custody, payments and financing. Adjusted earnings before
Cryptocurrency data analytics firm Nansen has announced the launch of NX8, a new crypto index that tracks major Layer 1 blockchains. According to the official announcement, the NX8 Index will include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), BNB Chain, Tron (TRX), Hyperliquid (HYPE), Avalanche (AVAX), and Sui (SUI). Nansen stated that the NX8 Index is
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 2283.41, down 0.3% (-6.5) since 4 p.m. ET on Monday. Nine of the 20 assets are trading higher. Leaders: ICP (+0.7%) and BNB (+0.6%). Laggards: HBAR (-2.0%) and XLM
Galaxy Digital’s (GLXY) stock dropped more than 6% in pre-market trading after the company posted a steep net loss of $482 million for the fourth quarter of 2025. Shares of the crypto financial services firm led by Mike Novogratz are trading around $24.70 as investors digest the latest results. The price drop comes as most
As is known, US President Donald Trump announced Kevin Warsh as his nominee to replace Jerome Powell, whose term as FED chairman will expire in May. While markets expected Kevin Warsh to implement a tighter monetary policy, economist Robin Brooks made the opposite prediction. According to Coindesk, economist Robin Brooks claims that Kevin Warsh, Trump’s
The Smarter Web Company began trading on the Main Market of the London Stock Exchange. The company confirmed that all its ordinary shares moved from the Aquis Growth Market to the LSE. The ticker remains SWC. The move marks a big step for the firm. which started as a small UK web services business. Later
Investing maternity capital into cryptocurrencies and stocks may result in criminal penalties; Russian parents should take note. The funds, allocated through a federal program to improve fertility rates, must be spent as intended, lawyers are warning amid the growing popularity of crypto investments. Russian families banned from buying coins with moms’ benefits Attempts to use