Multinational bank Barclays (BARC) is exploring the creation of a blockchain platform for payments and other processes, Bloomberg reported on Friday. The London-based financial services giant is consulting with prospective technology providers on the development of such a platform that would see it rival JPMorgan (JPM) and others in using decentralized technology for banking services.
The S&P 500 Index retreated by over 0.6% on Friday, continuing a retreat that started on Thursday as market participants reacted to the latest NVIDIA earnings. Summary The S&P 500 Index retreated by over 0.50% on Friday. Jitters in the booming private credit industry accelerated. The US published a strong producer price index report. The
Wikipedia co-founder Jimmy Wales has once again taken aim at Bitcoin. In a recent tweet, he stated that the world’s largest cryptocurrency is a “complete failure” as both a currency and a store of value. As reported by U.Today, he previously predicted that it would eventually fade into a niche collectible priced under $10,000 by
Bitcoin erased earlier gains and slipped back toward the $65,000 level as weakness in U.S. stock futures and concerns about artificial intelligence disrupted risk appetite. Market commentator Walter Bloomberg noted that crypto tracked equities lower as investors reacted to growing fears about AI’s impact on business models and long-term tech investment returns. With technology stocks
Having failed to reclaim $70,000 during the recovery started on February 24, Bitcoin ($BTC) abruptly started a crash in the early hours of Friday, February 27, falling about 3.3% within just four hours. Indeed, $BTC’s swift collapse from $68,000 to its press time price of $65,770 brought into sharp focus the cryptocurrency’s next critical support
After the recent price rally seen across the broad crypto market, momentum appears to be growing strong as the market has seen multiple Bitcoin withdrawals in the past hours. On Friday February 28, blockchain monitoring platform Whale Alert, shared data revealing that large stacks of Bitcoin have been withdrawn from leading crypto exchange Bitget in
Barclays, the British multinational banking giant, is exploring building a blockchain platform for payments and deposits, Bloomberg reported Friday, citing people with knowledge of the exploration. The bank is evaluating technology providers and aims to select partners as early as April. The initiative could encompass both stablecoin integration and tokenized deposit capabilities. Barclays has shifted
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 1920.56, down 2.6% (-51.26) since 4 p.m. ET on Thursday. Three of the 20 assets are trading higher. Leaders: ICP (+3.7%) and DOT (+0.8%). Laggards: SOL (-4.2%) and ETH
Several major Wall Street institutions are now advising clients to include a modest allocation to Bitcoin within diversified portfolios. According to a report by River, firms such as Fidelity Investments, Bank of America, and Morgan Stanley are recommending measured exposure to cryptocurrency. Most suggested allocations fall between 1% and 5% of total portfolio value, reflecting
Europe’s largest asset manager, Amundi, has sharply increased its exposure to Bitcoin-linked equities. According to its latest Q4 2025 regulatory filing, the French giant added roughly 3.77 million shares of Strategy (MSTR). That lifted its total position to about 4.79 million shares. The stake is now valued near $641 million. The disclosure surfaced in late