Key Takeaways Cloudforce, a Maryland-based AI company, raised $10 million in Series A funding led by Owl Ventures. The funding round saw participation from Microsoft’s venture fund, M12, granting Cloudforce access to Microsoft’s enterprise resources. Cloudforce, an AI firm that specializes in the Microsoft cloud ecosystem, has secured $10 million in a Series A funding
When stablecoin issuer Tether announced a “strategic investment” in Ledn, a lender of stablecoins and fiat against bitcoin BTC$90,230.46 collateral, in November, it chose to withhold details of the investment. In fact, it paid between $40 million and $50 million at a valuation of $500 million, according to a person with knowledge of the matter.
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 2902.71, down 0.0% (-1.04) since 4 p.m. ET on Thursday. Thirteen of 20 assets are trading higher. Leaders: POL (+11.2%) and ICP (+2.6%). Laggards: DOT (-1.4%) and XRP (-0.9%).
Bitcoin (BTC), Ethereum (ETH), and altcoins have been unable to break free from the downward trend that began in October. At this point, there is no consensus among analysts regarding the market’s direction, and the Federal Reserve’s interest rate decision in January, which could shift the balance, is awaited. While it is noted that a
By Omkar Godbole (All times ET unless indicated otherwise) Traders, skip the cozy Friday vibe. The day’s key U.S. data and events could lead to volatile price action in bitcoin BTC$90,182.72 and the wider crypto market. First up, the U.S. nonfarm payrolls report, closely followed by the Federal Reserve’s rate-setting committee, is set for release
Zodia Custody now supports Australia’s first regulated stablecoin, AUDM, for institutional use. This move boosts secure, real-time digital payments under Australia’s regulated framework. Zodia Custody, a highly secured vault for Crypto, has become the first global crypto custodian to support AUDM, which is Australia’s first regulated Australian dollar stablecoin. This move makes it safer and
The Nasdaq Crypto™ Index just got a serious update, now called the Nasdaq CME Crypto™ Index, and Nasdaq and CME Group want it to be the go-to foundation for regulated crypto products like ETFs, structured funds, and other real investment tools. According to a joint press release on Friday, this change is about turning crypto
The South Korean government plans to allocate 25% of its $499.2 billion (approximately 728 Trillion Won) through digital assets by 2030. A substantial portion of the national treasury funds is expected to be distributed as deposit tokens, starting with subsidies in the EV sector in 2026. The South Korean government is set to include the
The New York Fed undertook an out-right purchase of Treasury bills of up to $8.165 billion. This move brought in reserves into the banking system directly. The operation was settled the day afterward. The acquisition is an indication of the further attempts to ensure the continuous operation of the market. It coincides with a taking
The post is a response to affirmation that housing finance agencies will implement the order of President Trump to buy mortgage-backed securities worth up to 200 billion dollars. This action was instantly compared to quantitative easing and Richard Mize called it QEx. The response is less enthusiastic and more surprised. To a large part of