Blockchain Meets Banking: BNY’s Bold Move With BlackRock In Tow
Bank of New York Mellon Corp. unveiled a new blockchain-based tool Friday that posts up-to-date net asset value (NAV) data for tokenized funds directly on a blockchain. According to company officials, BlackRock will be the first client to implement this technology with their on-chain money market fund, BUIDL. Trump...
Read More
First Trust launches first Bitcoin Strategy ETFs
First Trust Advisors has unveiled two new Bitcoin strategy exchange-traded funds, adding to a suite of products that currently hold more than $28 billion in net assets. In an announcement on April 4, First Trust said it launched the two…...
Read More
Sonic jumps 11% despite bearish markets: DeFi growth fuels the rally
While trade war is still weighing on investor sentiment, Sonic saw a strong rally, reaching a daily high of $0.514....
Read More
Circle’s IPO Filing Tests Crypto Market Confidence After Trump’s Tariff Shock
After U.S. President Donald Trump’s reelection in November, optimism surged among crypto companies eyeing the public markets. Trump floated big promises: clearer rules for the industry and ambitions to make America the crypto capital of the world. For a moment, it looked like the floodgates might open. IPO pipelines...
Read More
EigenLayer Finally Ready to Launch Crucial Missing Feature
When Ethereum’s hottest startup of last year, EigenLayer, launched a year ago to massive expectations — many community members were quick to criticize that it was lacking a critical feature. An announcement from the project on Wednesday said that the feature — slashing — is finally set to arrive...
Read More
Bitcoin Begins to Decouple From Nasdaq as U.S. Stocks Crumble
After a frustrating few weeks in which bitcoin (BTC) prices seemed to move tick for tick with the Nasdaq, the world’s largest crypto is showing some signs of going its own way as stock prices go from struggling to plunging. With the Nasdaq following up its 6% tumble on...
Read More
Grayscale files S-1 to list Solana ETF on NYSE
Digital asset manager Grayscale registered with the United States Securities and Exchange Commission (SEC) to list the Grayscale Solana (SOL) Trust exchange-traded fund (ETF) on the New York Stock Exchange (NYSE). The ETF will trade under the ticker symbol “GSOL” and will hold spot SOL as the underlying asset,...
Read More
These Crypto Assets Are Trending Despite Trump Tariff Chaos
The crypto market is navigating turbulent waters as it attempts to rebound from the shockwaves caused by President Donald Trump’s newly imposed global tariffs. While traditional markets initially saw investors fleeing to gold and silver, pushing the former to a record $3,168, digital assets are now showing slight signs...
Read More
CoinDesk Weekly Recap: Bitcoin Holds Steady Amid Market Turmoil
It was a dreadful week for the stock market, with the S&P 500 falling more than 6% over the last five days. That didn’t help Bitcoin, but the original cryptocurrency fared better than the wider market, rising over 1% in the same period. The Nasdaq had one of its...
Read More
Crypto-to-Fiat App P2P.me Raises $2M from Multicoin and Coinbase Ventures
Bitcoin’s original promise of “peer-to-peer electronic cash” hasn’t exactly developed in the way Satoshi intended. More people than ever are eager to pay in crypto, while most vendors want nothing but fiat. While the mismatch has plenty of workarounds in countries with a strong banking and credit card culture,...
Read More