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Financial News

Smart-contract and DeFi coins lead losses as BTC price wilts for 4th straight day

Smart-contract and DeFi coins lead losses as BTC price wilts for 4th straight day

18 hours ago by Crypto InsightsCrypto

The largest cryptocurrencies remained under pressure for a fourth straight day, with bitcoin falling 2.5% in 24 hours to just below $62,400. It’s not alone. The CoinDesk 20 Index (CD20) has dropped 3.3%, with ether (ETH), XRP (XRP) and solana (SOL) all weaker. The CoinDesk… Read More

Franklin Templeton proposes new funds that turn dividends into BTC: Crypto Daily

Franklin Templeton proposes new funds that turn dividends into BTC: Crypto Daily

1 day ago by Crypto InsightsCrypto

If approved, the ETFs could begin trading as early as September. While regulatory approval is not guaranteed, the filing signals growing institutional comfort with marrying traditional equities and cryptocurrency in regulated wrappers. These filings follow the recent debut of BlackRock’s Income ETF, which allows institutions… Read More

Schwab to join prediction markets race with S&P 500 event-based options: WSJ

Schwab to join prediction markets race with S&P 500 event-based options: WSJ

1 day ago by Crypto InsightsCrypto

Charles Schwab is working with Cboe Global Markets to launch a new type of options contract that would allow customers to make yes-or-no wagers on the performance of the S&P 500, marking the brokerage’s first move into prediction markets, according to a Wall Street Journal… Read More

GoMining challenges Jack Dorsey’s Square with a pure BTC payment rail

GoMining challenges Jack Dorsey’s Square with a pure BTC payment rail

2 days ago by Crypto InsightsCrypto

Bitcoin BTC$62,646.98 mining company GoMining said it is making it easier for companies to accept bitcoin BTC$62,646.98 payments, bringing it into competition with companies including Block’s (XYZ) Square. Where GoMining says it differs from incumbents is that the entire transaction is completed in bitcoin. Many… Read More

Ripple-linked token falls 3% after losing $1.15 support

Ripple-linked token falls 3% after losing $1.15 support

2 days ago by Crypto InsightsCrypto

XRP gave back more of last week’s rally on Wednesday after sellers pushed the token through $1.15 support, a level traders had been watching since the recent move above $1.20. The decline came on some of the session’s heaviest volume and followed another rejection below… Read More

Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator

Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator

2 days ago by Crypto InsightsCrypto

The punishments of Alexander Mashinsky, the imprisoned former chief of Celsius until its high-profile collapse, continue with a formal banishment from any ability to seek business with the U.S. Commodity Futures Trading Commission or the trading it oversees. The derivatives regulator didn’t pile any new… Read More

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