PNC Bank (PNC) is partnering with Coinbase (COIN) to offer its institutional and banking clients access to cryptocurrency services, the companies said Tuesday. The collaboration will use Coinbase’s “Crypto-as-a-Service” infrastructure to let PNC clients buy, hold and sell digital assets securely. PNC will also provide banking services to Coinbase,...

Bitcoin mining firm Bitfarms (BITF) surged on Tuesday as the company announced to buy back up to 10% of its common stock’s public float. The Toronto-based company said the buyback plan, beginning July 28, will let it acquire up to nearly 50 million shares on the open market through...

SharpLink Gaming (SBET), the ether (ETH) treasury company led by Ethereum co-founder Joseph Lubin, continued its buying spree bringing total holdings above $1.3 billion. The firm said in a Tuesday press release that it acquired 79,949 ETH over the last week at an average price of $3,238, its largest...

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 4140.04, up 0.2% (+9.67) since 4 p.m. ET on Monday. Four of 20 assets are trading higher. Leaders: SOL (+3.6%) and BTC (+1.9%)....

Citadel Securities is pressing U.S. regulators to slow down on new rules that would enable widespread trading of tokenized securities, citing concerns about market disruption and investor confusion. In a letter to the U.S. Securities and Exchange Commission’s Crypto Task Force, the market-making firm argued that allowing these blockchain-based...

Blockchain technology promises to streamline the issuance and management of covered bonds, but its adoption remains hindered by legal, technical and regulatory barriers, according to a recent report by Moody’s Ratings. The ratings company’s report highlights blockchain’s potential to enhance operational efficiency and transparency in the covered-bond market. By...

By Omkar Godbole (All times ET unless indicated otherwise) The past 24 hours have witnessed a rare dynamic: a major token moving on technology news rather than trading flows and general narratives of institutional adoption. Solana’s native sol (SOL) experienced a notable spike in price volatility, rising as high...

UK-based digital asset exchange Archax is set to acquire Deutsche Digital Assets (DDA), a regulated crypto asset manager in Germany, in a move that strengthens its footprint in Europe’s two largest financial markets. DDA manages around $70 million in assets and specializes in crypto exchange-traded products (ETPs) distributed through...

This is a daily analysis of top tokens with CME futures by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Ether: Signs of Indecision Ether’s (ETH) Doji candle on Monday signals indecision in the market following a near 90-degree rise from $2,100 to $3,800 in less than four weeks....

Stablecoins are an “opportunity, not a threat,” for international money transfer company Western Union, according to CEO Devin McGranahan. McGranahan said in an interview with Bloomberg on Monday that anything allowing users to send money faster and cheaper across borders is going to be good for Western Union and...