US President Donald Trump announced that he will announce the new appointment for the Federal Reserve chairman sometime next week. Trump’s statement comes as current Fed Chairman Jerome Powell’s term nears its end and political pressure on interest rate policy is steadily increasing. In a post on his Truth Social account, Trump harshly criticized the
Bitcoin just crashed through a price milestone it’s been holding on to for two months, and sellers are calling the shots now. That trusty milestone? Bitcoin’s average price over the last 100 weeks. Since November, this so-called 100-week simple moving average has consistently acted as a safety net, a level at which buyers have continued
Bitcoin’s $BTC$85,174.34 fast tumble back to $84,000 during U.S. morning hours Thursday came alongside equally speedy declines in stocks and precious metals. But while stocks, gold and silver have since bounced off their worst levels, crypto remains near its session lows, with $BTC, ether $ETH$2,829.32, $XRP $XRP$1.8189, and solana $SOL$123.64 all down 5%-7% over the
In today’s newsletter, Sam Boboev, founder of Fintech Wrap Up, looks at how banks are embracing stablecoins and tokenization to upgrade banking rails. Then, Xin Yan, co-founder and CEO at Sign, answers questions about banks and stablecoins in Ask an Expert. -Sarah Morton From stablecoins to tokenized deposits: why banks are reclaiming the narrative Stablecoins
Bitcoin fell more than 4% to around $85K as a broad risk-off move swept global markets, with the leading digital asset dropping alongside equities, tech stocks, and gold. The S&P 500 declined over 1% while the Nasdaq slid more than 1.8%, with US equities opening sharply lower following a steep drop in Microsoft shares. Microsoft
Dakota, a stablecoin-focused neobank founded by veterans of Coinbase, Square, and Airbnb, has launched a platform that allows fintechs and enterprises to embed regulated, programmable global money movement via APIs. Cross-border money movement remains slow and expensive, and while stablecoins offer speed, adoption has been limited by regulatory and operational challenges. Dakota wants to address
The inclusion of Bitcoin and cryptocurrencies in 401(k) retirement plans in the US has been a long-awaited development. And in August 2025, US President Donald Trump took the expected step regarding this and signed a new Presidential Executive Order to expand access to alternative assets for 401(k) retirement plan investors. The executive order signed by
The cryptocurrency markets have been shaken by a sharp sell-off. Bitcoin ($BTC), the world’s largest cryptocurrency, plummeted from around $88,000 to the $84,000 range in the last hour. A graph showing the decline in $BTC price. This rapid movement also resulted in a large amount of liquidation in the futures markets. According to data from
Quantum computing poses a theoretical threat to Bitcoin, but the risk remains distant and manageable, according to Wall Street broker Benchmark. While quantum machines could eventually compromise certain cryptographic systems, Bitcoin has both the time and engineering path to evolve before that point, according to Benchmark analyst Mark Palmer, who has generally been bullish on
Crypto custody firm Copper is in early talks about a public listing, according to three people with knowledge of the matter. Goldman Sachs, Citi and Deutsche Bank are among the investment banks potentially involved, according to one source. The decision on whether to pursue a listing will hinge on the company’s near-term revenue performance, a