Live updates: Bitcoin above $86,000 as traders price out an October Fed hike
A weak September jobs report took a rate hike off the table, but bitcoin is still stuck below $87,000, with FOMC minutes due Wednesday. Source:CoinDesk
Kraken operator Payward and Singapore Gulf Bank platform for 24/7 institutional crypto settlement
The two firms will initially roll out the digital assets settlement service to select institutional clients in Asia and the Gulf region with aroundtheclock…
Crypto poured years into new products. The next challenge is keeping users
Crypto firms have spent years building financial products on blockchains. Getting people to use them — and keep using them — is becoming the next challenge.…
The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking
Crypto M&A has hit record levels, but the Clarity Act’s Senate setback leaves dealmakers weighing how much regulatory uncertainty still matters. Source:CoinDesk
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
CEO Iana Dimitrova said OpenPayd aims to launch in the U.S. by April 2027 and is eyeing deals to add licenses and technology. Source:CoinDesk
BlackRock offers a glimpse of how tokenization may change your investment portfolio
Tokenization is not just about putting individual stocks and funds onchain. The next step could be entire investment portfolios that can be traded, rebalanced…
BNY in talks with Kraken parent Payward over infrastructure partnership
The potential agreement could span digital assets, custody, trading, payments and other financialmarket infrastructure. Source:CoinDesk
‘Euro stablecoin isn’t enough’: EU issuers make case for USD tokens
European issuers say Europe cannot ignore demand for dollar stablecoins as businesses seek USD liquidity for global payments and settlement.…
Nike’s troubles are mounting, and sales could fall further
The company has faced struggles in China and in its sneaker business. Source:MarketWatch
Mark Zuckerberg is coming for Apple’s empire
Apple has a grip on consumer technology through its iPhone business, but Meta is betting that the AI era warrants different types of hardware.…
SEC Proposal Would Address How Investment Advisers and Funds Can Custody Crypto Assets Under the Federal Securities Laws
The Securities and Exchange Commission today proposed new rules and amendments to provide a tailored framework for the custody of crypto assets for registered…
Tesla’s delivery report is just around the corner. Expect a sales drop.
Investors have become less interested in Tesla’s EV business lately, but Friday’s report still has the potential to be marketmoving. Source:MarketWatch