Bank of America appoints executive to lead digital asset strategy
BofA’s strategic focus on digital assets signals a broader financial industry shift towards integrating blockchain and crypto innovations. The post Bank of America appoints executive to lead digital asset strategy appeared first on Crypto Briefing....
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Japan holds back on yen warnings as currency nears 160 level
Japan’s muted yen intervention signals ongoing currency pressure, risking market volatility and impacting global liquidity dynamics. The post Japan holds back on yen warnings as currency nears 160 level appeared first on Crypto Briefing....
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Micron Technology reaches $1T market cap amid AI boom with Nvidia’s support
Micron’s market cap milestone highlights a shift in investor focus from crypto to AI, underscoring the cyclical nature of tech investments. The post Micron Technology reaches $1T market cap amid AI boom with Nvidia’s support appeared first on Crypto Briefing....
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U.S. sanctions Iranian crypto exchanges in ongoing war against the country
OFAC said it was blacklisting Nobitex and three other Iranian exchanges, as well as a few executives, citing links to terror and other crimes....
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XRP Falters In Face Of Rival XLM: Why Retail Traders Are Dumping One For The Other
The rivalry between XRP and Stellar (XLM) has lasted for years, with investors often comparing the two payment-focused cryptocurrencies due to their shared origins and similar use cases. While XRP has long maintained a larger market presence, XLM appears to be gaining the upper hand in some regions. A...
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Robinhood Officially Enters Canada After Closing WonderFi Acquisition
Robinhood Markets has completed its $180 million acquisition of WonderFi, a Toronto-based provider of digital asset products and services. With the deal, Robinhood is entering the Canadian market by acquiring an established operator of regulated crypto exchanges. As part of the acquisition, WonderFi’s two regulated crypto trading platforms, Bitbuy...
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Crypto PACs pour millions into primaries as Maryland race looms
Crypto-backed political groups have expanded their election spending as several US primaries test the industry’s influence in Congress. According to filings with the US Federal Election Commission, Fairshake-linked groups backed by Coinbase, Ripple, and other crypto supporters have directed millions…...
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Galaxy Digital enters prediction markets as Arca places $10M trade
Galaxy Digital has launched an institutional over-the-counter prediction-markets desk, opening the service with a $10 million event swap tied to the Digital Asset Market Clarity Act. Galaxy said Tuesday that the desk operates within its Global Markets unit and serves…...
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Marvell shares surge 29% as Nvidia CEO praises optical components
The surge in Marvell’s shares highlights the significant influence of strategic endorsements on market dynamics and AI infrastructure investment trends. The post Marvell shares surge 29% as Nvidia CEO praises optical components appeared first on Crypto Briefing....
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Bitwise estimates Bitcoin’s fair value at $224K amid sovereign debt fears
Bitcoin’s potential as a hedge against sovereign debt crises could drive institutional interest, impacting its adoption and market dynamics. The post Bitwise estimates Bitcoin’s fair value at $224K amid sovereign debt fears appeared first on Crypto Briefing....
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