U.S. dollar climbs to 18-month high as bitcoin holds firm around $86,000
A stronger dollar and rising bond yields are testing bitcoin’s resilience as fiscal concerns in France and political uncertainty in Spain weigh on the euro.…
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
Vivek Ramaswamy’s gubernatorial run lacks the crypto rhetoric of his presidential bid
The Ohio Republican candidate holds a stake in a digital asset manager and received donations from many in the industry, but has avoided making crypto a…
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…
The average U.S. stock is quietly getting crushed. Morgan Stanley says these ones are worth buying now.
Investors have fallen out of love with a large chunk of stocks, such as industrials, and Morgan Stanley sees an opportunity to pick up some names on the cheap.…
What Bessent is now saying after bond yields didn’t stop rising on ‘I am the house’ remark
In a televisxed interview with Axios, Treasury Secretary Bessent defended his department’s record in the bond market and walked back his “I am the house”…
Kraken parent adds 24/7 dollar settlement with Singapore Gulf Bank
The partnership will enable select institutions in Asia and the Gulf region to instantly settle US dollar transactions through the bank’s SGB Net…
This $23 billion software deal was struck at a decade-low valuation, as AI winner takes out loser
Schneider Electric, the maker of electrical equipment that has thrived from the AI buildout, on Monday struck a $23 billion deal to buy an industrial design…
Bitcoin zooms toward $87,000, nearly setting an eight-month high, then reverses
Bitcoin came within about $500 of its lateSeptember peak before sellers pushed it back under $86,000. It's the second rally in a week to stall. Source:CoinDesk
OKX, NYSE parent file to launch tokenized US stock platform
The stock trading platform seeks to offer tokenized shares in more than 60 USlisted companies under the SEC’s recently introduced innovation exemption.…
Zcash gets a Washington lobbyist to push crypto policy
The newly registered lobbying operation lists the CLARITY Act and two digital asset tax proposals among the issues it plans to lobby on in Washington.…
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.…