Changpeng Zhao, the former chief executive officer of cryptocurrency exchange Binance, recently made a pessimistic observation about France, claiming that the European Union’s second-largest economy has gone “downhill” over the last several years. Zhao has pointed to a wave of cryptocurrency kidnappings that have occurred in France over the past several years, as well as
Key Takeaways BlackRock bought $390 million worth of Bitcoin and Ethereum, strengthening its position as a major institutional crypto holder. The firm’s crypto portfolio has rapidly expanded following the introduction of Bitcoin ETFs in 2024. BlackRock, a major American investment management corporation overseeing trillions in assets, purchased $390 million in Bitcoin and Ethereum on Friday,
Crypto custody firm BitGo has unveiled plans to go public in the United States after reporting a sharp surge in revenue. The company’s initial public offering (IPO) filing highlights that its revenue nearly quadrupled in the first half of 2025, underscoring the accelerating growth of the digital asset sector. According to its filing with the
Crypto market participants may be underestimating how aggressive the US Federal Reserve will be in the coming months in shifting its policy direction, according to an economist. “Markets are underpricing the likelihood of rapid rate cuts in the coming months on the part of the Federal Reserve,” Economist Timothy Peterson told Cointelegraph on Friday. “There
Stephen Milan, the newly appointed member of the FED by Trump, made remarkable assessments regarding monetary policy and the economic outlook. Milan noted that current monetary policy is quite tight, adding, “The longer the restrictions last, the greater the risks.” Regarding the recent tariffs, Milan argued that they do not create inflationary pressures. “The long-term
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. In yesterday’s edition of the Forward Guidance newsletter, Felix Jauvin broke down Wednesday’s Fed rate cut. But it’s also important that we shed some light on the other big thing that went down on Sept. 17. That would be the SEC
Rex-Osprey’s DOJE, the first U.S. spot Dogecoin ETF, produced strong trading volumes when it hit the market on Thursday, landing in the top five for ETF rollouts so far this year. And its issuer has already filed for a riskier, leveraged play on it. In a filing registered with the SEC on Thursday, Rex-Osprey applied
Elon Musk’s artificial intelligence startup xAI is pursuing $10 billion in funding at a $200 billion valuation, CNBC reported on Sept. 19. Sources told the news outlet that the funding proceeds will primarily support data center construction, filled with Nvidia and AMD graphics processing units required for next-generation AI development. The company is currently building
Stablecoin startups have attracted funding of $537 million so far, up from $84 million in 2024. Some analysts have attributed the growth to a favourable regulatory framework and new startups from the fintech and banking sectors. Hong Kong-based OSL Group led in the latest round of funding after securing $300 million in July through equity
In a recent tweet, Grayscale CEO Peter Mintzberg revealed that Grayscale CoinDesk Crypto 5 ETF, with the ticker GDLC and the first multi-asset crypto ETP, has launched in the US. The ETF kicked off trading on Friday on the NYSE and includes the five largest cryptocurrencies: Bitcoin, Ethereum, XRP, Solana and Cardano. These five major