Much-Awaited Fed Rate Cut May Not Come Before Q4, ING Says
The Federal Reserve may not cut interest rates any time soon, but when it does, the easing could be aggressive, according to Dutch investment bank ING. On Wednesday, the Fed kept the benchmark rate on hold between 4.25% and 4.5%, with Chairman Jerome Powell raising the specter of stagflation...
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Stripe Unveils Payments Products Powered by ‘Gale-Force Tailwind’ Stablecoins
Stripe is ramping up its stablecoin capabilities, expanding the provision for businesses to receive and hold payments on cryptocurrency rails. Following on from Stripe’s acquisition of stablecoin platform Bridge, the San Francsico-based payments giant has unveiled a new money management service powered by stablecoins. Stablecoin Financial Accounts will enable...
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CoinDesk 20 Performance Update: Index Surges 6.2% as All Assets Trade Higher
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 2869.91, up 6.2% (+166.74) since 4 p.m. ET on Wednesday. All 20 assets are trading higher. Leaders: SUI (+16.4%) and BCH (+15.6%) Laggards:...
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98% of Tokens on Pump.Fun Have Been Rug Pulls or an Act of Fraud, New Report Says
A report by Solidus Labs has revealed the alarming scale of fraudulent activity on the Solana blockchain, with 98.6% of tokens launched on Pump.fun being chalked down as rug pulls or pump-and-dump schemes. More than seven million tokens have been issued on Pump.fun since its inception in January 2024,...
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Coinbase Stock Is Getting A Boost Ahead Of Q1 Earnings: What’s Going On?
Coinbase Global Inc (NASDAQ:COIN) shares are surging Thursday morning following reports the company has agreed to acquire a major crypto options platform. What Happened: Coinbase has reached a deal to acquire Deribit for roughly $2.9 billion, according to a Wall Street Journal report. The company operates the largest options...
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Coinbase to acquire Deribit for $2.9b in largest deal yet: report
Coinbase has agreed to acquire Deribit, the world’s largest trading platform for bitcoin and ether options, for approximately $2.9 billion, according to The Wall Street Journal. The acquisition, Coinbase’s largest to date, includes $700 million in cash and 11 million…...
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Maple Finance price prediction: SYRUP is sweet again — but for how long?
The SYRUP token, launched about six months ago, dropped to an all-time low of $0.0845 on April 7, 2025. However, just a month later — on May 7, 2025 — its price saw a significant rebound following its Binance listing,…...
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Strike hits $10m in BTC-backed loans two days after launch
Strike’s CEO stated that they have generated over $10 million in Bitcoin-collateralized loans just days after launch....
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Coinbase to Acquire Leading Crypto Derivatives Platform Deribit for $2.9 Billion
The largest US-based crypto exchange has entered into an agreement to acquire the biggest digital asset options trading platform. The statement by Coinbase informed that the overall value of the transaction will be approximately $2.9 billion, comprised of cash and company shares. The Wall Street-listed company described the move...
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Shiba Inu Surges 5%, Burn Rate Explodes 4,833%: Has The Golden Bull Run Started?
Shiba Inu (CRYPTO: SHIB) has seen a dramatic jump in its burn rate alongside a 5% price spike, prompting traders to predict a renewed bull run. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.1841 $27.5 billion +6.7% +2.8% Shiba Inu (CRYPTO: SHIB) $0.00001348 $7.9 billion...
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