Cryptocurrency

Robinhood’s (HOOD) file crypto buying and selling income from the final quarter of 2024 might show onerous to repeat, in accordance with JPMorgan analyst Kenneth Worthington, who forecast a drop in digital asset volumes for the primary quarter of this yr. The on-line buying and selling platform studies first quarter outcomes after the U.S. market […]

CoinDesk Indices presents its every day market replace, highlighting the efficiency of leaders and laggards within the CoinDesk 20 Index. The CoinDesk 20 is at the moment buying and selling at 2780.05, up 0.4% (+9.87) since 4 p.m. ET on Monday. Nine of 20 property are buying and selling greater. Leaders: BCH (+6.3%) and ETH

The BlackRock iShares Bitcoin (BTC) Trust ETF (IBIT) noticed $970.9 million in inflows, marking its second-largest web influx since launching in January 2024, in line with Farside information. Monday accounted for $591.2 million in new capital, which noticed heavy outflows from rivals: Fidelity’s FBTC misplaced $86.9 million, Bitwise’s BITB dropped $21.1 million, and ARK’s ARKB

Alex Mashinsky, the founder and former CEO of collapsed crypto lender Celsius Network, faces the prospect of spending the subsequent 20 years behind bars if the U.S. Department of Justice’s sentencing memo request is granted. In the memo filed late Monday, the DOJ urged the courtroom to impose a 20-year jail sentence, calling the crimes

Bitcoin-friendly Conservative Leader Pierre Poilievre will not be a Member of Parliament after shedding his seat in an election which noticed Mark Carney’s Liberal Party safe sufficient seats to type a minimum of a minority authorities. Data from Elections Canada, reported by the CBC, reveals Poilievre misplaced his Ottawa-area seat to Liberal Bruce Fanjoy on

Coinbase Asset Management is rolling out a brand new fund for establishments to obtain a yield on their bitcoin (BTC) holdings. Opening on May 1 for non-US institutional buyers, the Coinbase Bitcoin Yield Fund goals to ship a 4% to eight% annualized web return, in line with a press launch on Monday. Among these backing

Mastercard is shifting deeper into the digital asset financial system by launching new international capabilities to help stablecoin funds throughout its huge service provider community, the corporate introduced Monday. The funds large is working with crypto trade OKX to roll out the “OKX Card,” aimed toward linking crypto buying and selling and Web3 actions with

Tether’s gold-backed stablecoin, Tether Gold (XAUT), reached a $770 million market capitalization as of April 28, in accordance with the firm’s first attestation below El Salvador’s monetary rules. “While central banks are stacking up hundreds of tons of gold, XAUt is set to become the standard tokenized gold product for the people and institutions,” Tether