Morgan Stanley is signaling a growing focus on tokenization and blockchain-based infrastructure, framing “onchain” finance as a potential next step in how it serves wealth clients. Speaking during the bank’s first-quarter earnings call, executives described a future where assets and liabilities move more freely across digital rails. “How do you think of a tokenized world?
As talks between the US and Iran continue, US President Donald Trump has made new statements regarding the Fed. Speaking to Fox Business, US President Donald Trump made significant statements about current Fed Chairman Jerome Powell and the new Fed chairman nominee Kevin Warsh. Trump harshly criticized Powell, stating that he should resign voluntarily. At
Allbirds (BIRD) surged around 300% after saying it will pivot from sneakers into AI computation services, underscoring one of the market’s dominant themes: the race to secure scarce AI infrastructure. The company said it agreed to sell its footwear brand to American Exchange Group and reinvent itself as NewBird AI, backed by a $50 million
One of the notable developments in the cryptocurrency market was the reactivation of a large investor account that had been inactive for a long time. According to on-chain analytics data, a “whale” address that had been largely inactive for approximately 14 years has resumed transactions after a four-month hiatus. According to data shared by analyst
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2058.34, up 0.4% (+9.17) since 4 p.m. ET on Tuesday. Eighteen of 20 assets are trading higher. Leaders: AAVE (+4.3%) and APT (+3.8%). Laggards: CRO (-0.6%) and SOL (-0.5%).
Bitcoin ($BTC) experienced a sharp rise yesterday and retested the $76,000 level. However, this attempt failed again, and the $BTC price retreated to the $73,000 level. One analyst noted that a key data point in the markets indicated a possible bottom formation. $BTC investors are in a bearish trend, which creates the potential for a
Investors who thrive on bitcoin’s wild price swings may be in for disappointment. Major banks are preparing to introduce new products that could dampen volatility in a market that has already become significantly calmer in recent years. Most recently, Goldman Sachs filed an application for a Bitcoin Premium Income exchange-traded fund (ETF). The proposed fund
The International Monetary Fund (IMF)’s latest macroeconomic warnings paint a picture that could be one of the most consequential and bullish indicators for bitcoin . At the core of the warning is a steady rise in global public debt, which the IMF has projected could approach 100% of global gross domestic product (GDP) by 2029
Tax season is now more connected to Bitcoin’s retail demand. Bitcoin has spent the first half of April trading in the low $70,000s, with recent moves through the $71,000 to $75,000 zone keeping the asset close enough to its highs for retail attention to return quickly. But there’s a more important change happening beneath the