President Donald Trump renewed pressure on the Federal Reserve after it held rates steady following Wednesday’s FOMC meeting in Washington. He criticized Chair Jerome Powell, demanding an immediate Fed rate cut. Trump argued that high rates now harm the economy and national security, while reiterating that inflation is no longer an issue.
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 2678.97, down 2.3% (-64.01) since 4 p.m. ET on Wednesday. None of the 20 assets are trading higher. Leaders: CRO (-0.9%) and POL (-1.2%). Laggards: AVAX (-4.4%) and DOT
Robinhood (HOOD) is investing in Talos, an institutional trading technology provider for digital assets, in an extended Series B funding round that values the New York-based company at around $1.5 billion. Talos originally raised $105 million in a Series B funding round in May 2022, valuing the firm at $1.25 billion. The new extension brings
A small real estate company has made an unusual move into crypto-linked finance. West Main Self Storage bought 2,014 shares of Strategy’s perpetual preferred stock, known as $STRC. The total cost was $200K. The company didn’t use its own cash. Instead, it used an unsecured, non-recourse loan with a fixed 6% interest rate. The deal
Nokia’s new CEO warns the West cannot afford a self‑inflicted tech cold war as EU curbs on Chinese 5G collide with the borderless reality priced daily by Bitcoin and Ethereum. Summary Nokia CEO Justin Hotard tells Reuters Europe and the U.S. are “significantly codependent,” warning that splitting 5G and 6G markets would undercut scale just
OSL Group has raised $200 million in equity financing as it steps up plans to expand its stablecoin trading and payment businesses globally. The Hong Kong–listed digital asset company said the capital injection will strengthen its balance sheet and support growth across regulated digital payment and settlement services, according to a Thursday announcement. “The market
This week, several major US companies across multiple sectors, including Amazon and Pinterest, announced layoffs. The moves follow a year of substantial job cuts, during which US employers eliminated roughly 1.2 million positions. Notably, the labor market signals are amplifying concerns about a potential recession. Major US Companies Announce Job Cuts in January 2026 On
Crypto payments firm BCB Group has appointed Tim Renew as its new CEO, naming the former deputy CEO to lead the institutional digital asset infrastructure provider through its next phase of growth. Co-founder Oliver Tonkin will move into the role of president, where he will continue to focus on strategy, culture and long-term development, the